SalaryNode

Average Bill and Account Collectors Salary in Nashville-Davidson--Murfreesboro--Franklin, TN

In the Nashville-Davidson--Murfreesboro--Franklin, TN area, Bill and Account Collectors earn an average annual salary of $49,100. This figure slightly surpasses the national average of $48,000, indicating a localized premium for this role. Factors such as regional economic drivers and the specific demand within the local market likely contribute to this compensation difference.

Executive Summary

  • Average Salary: $49,100 per year.
  • Growth Trend: Salaries have shifted 20.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $71,770.
  • Outlook: The Bill and Account Collector job market in Nashville-Davidson--Murfreesboro--Franklin, TN, is characterized by a stable presence, with a total local workforce of 1,150 individuals in this occupation. The Location Quotient of 0.98 suggests that the concentration of these jobs is very close to the national average, implying a balanced demand and supply dynamic within the region.
2024 Market Data

Salary Overview

$49,100

The average Bill and Account Collectors in Nashville-Davidson--Murfreesboro--Franklin, TN earns+2.3%above the national average.

BreakdownBased on 40h/week
Hourly

$23.6

Weekly

$944

Monthly

$4,092

Bill and Account Collectors Salary Distribution in Nashville-Davidson--Murfreesboro--Franklin, TN

Career progression for Bill and Account Collectors typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience in collections strategies and client management can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies substantial career development and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$34,960$16.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$36,825$17.7
ManagerOversees team, compliance, and project delivery.50% (Median)$46,820$22.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$61,375$29.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$71,770$34.5

Detailed Bill and Account Collectors Market Analysis

Relocation Context

Nominal Salary

$49,100

Gross Pay

Real Wage (Purchasing Power)

$49,100

Adjusted for COL (100)

For individuals considering a move to Nashville-Davidson--Murfreesboro--Franklin, TN, the average annual salary of $49,100 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, suggesting that the nominal income will cover standard living expenses without significant strain compared to the rest of the country.

Job Market Context

1,150

Total Jobs

1.051

Per 1K Jobs

0.98

Location Quotient

Below Average

Nashville-Davidson--Murfreesboro--Franklin, TN has 0.98x the national average concentration of Bill and Account Collectors jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.98, the job market for Bill and Account Collectors in Nashville-Davidson--Murfreesboro--Franklin, TN, is neither significantly over-saturated nor particularly scarce when compared to national benchmarks. This indicates a steady and consistent demand for these professionals, offering a stable employment environment for those in the field.

Nearby Job Markets

Nearby Cities for Bill and Account Collectors

CitySalaryDist.
East Tennessee nonmetropolitan area Bill and Account Collectors Salary$45,460↓ 7%29 mi
South Central Tennessee nonmetropolitan area Bill and Account Collectors Salary$45,050↓ 8%29 mi
West Tennessee nonmetropolitan area Bill and Account Collectors Salary$41,330↓ 16%29 mi
North Central Tennessee nonmetropolitan area Bill and Account Collectors Salary$44,650↓ 9%29 mi
Clarksville, TN-KY Bill and Account Collectors Salary$41,780↓ 15%42 mi

Comparing salaries near Nashville-Davidson--Murfreesboro--Franklin, TN

Hiring Bill and Account Collectorss?

Frequently Asked Questions

How much does a Bill and Account Collectors make in Nashville-Davidson--Murfreesboro--Franklin, TN?

The median annual salary for a Bill and Account Collectors in Nashville-Davidson--Murfreesboro--Franklin, TN is $49,100. This typically ranges from $34,960 for entry-level positions to $71,770 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Nashville-Davidson--Murfreesboro--Franklin, TN is 2.3% higher than the national median of $48,000.

Is Nashville-Davidson--Murfreesboro--Franklin, TN a lucrative place for Bill and Account Collectors?

Yes, it offers slightly above-average compensation.The average salary of $49,100 is higher than the national average of $48,000, and the cost of living is exactly at the national average, making it a financially stable location for this profession.

Is Nashville-Davidson--Murfreesboro--Franklin, TN a good place to live for Bill and Account Collectors?

The Cost of Living Index in Nashville-Davidson--Murfreesboro--Franklin, TN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Nashville-Davidson--Murfreesboro--Franklin, TN?

Some top paying nearby cities include East Tennessee nonmetropolitan area ($45,460) and South Central Tennessee nonmetropolitan area.

What is the average salary for Bill and Account Collectors in Nashville?

The average annual salary for Bill and Account Collectors in the Nashville-Davidson--Murfreesboro--Franklin, TN area is $49,100.

How does the Nashville salary compare to the national average?

The average salary in Nashville ($49,100) is slightly higher than the national average ($48,000) for Bill and Account Collectors.

What is the cost of living in Nashville compared to the national average?

The Cost of Living Index in Nashville-Davidson--Murfreesboro--Franklin, TN is 100, which is exactly the national average.

How concentrated is the Bill and Account Collector job market in Nashville?

The job market concentration, indicated by a Location Quotient of 0.98, is very close to the national average, suggesting a balanced market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,150 employees in the Nashville-Davidson--Murfreesboro--Franklin, TN area with a job density of 1.051 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Nashville-Davidson--Murfreesboro--Franklin, TN

Semantic Salary Analysis for Bill and Account Collectors • Data source: BLS OEWS 2024 •Jobs in Nashville-Davidson--Murfreesboro--Franklin, TN