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Average Bill and Account Collectors Salary in Nebraska

In Nebraska, Bill and Account Collectors earn an average annual salary of $43,300. This figure is notably below the national average of $48,000, suggesting that regional economic factors and the specific demand within the state influence compensation levels for this role. The state's unique economic landscape likely plays a significant role in shaping these salary expectations.

Executive Summary

  • Average Salary: $43,300 per year.
  • Growth Trend: Salaries have shifted 15.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $50,550.
  • Outlook: Nebraska's market for Bill and Account Collectors appears stable, with a local workforce of 1,020 individuals. The Location Quotient of 0.94 indicates a concentration of these roles that is nearly on par with the national average, suggesting a consistent, albeit not exceptionally high, demand for these professionals within the state's economy. The presence of 1.005 jobs per 1,000 workers further solidifies this picture of steady employment opportunities.
2024 Market Data

Salary Overview

$43,300

The average Bill and Account Collectors in Nebraska earns-9.8%below the national average.

BreakdownBased on 40h/week
Hourly

$20.8

Weekly

$833

Monthly

$3,608

Bill and Account Collectors Salary Distribution in Nebraska

Salary progression for Bill and Account Collectors in Nebraska typically correlates with experience. Entry-level positions will likely command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and a proven track record in collections can expect significantly higher earnings. The percentile gaps in salary distribution highlight clear opportunities for career advancement and increased earning potential as collectors develop their expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$34,980$16.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$32,475$15.6
ManagerOversees team, compliance, and project delivery.50% (Median)$42,640$20.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$54,125$26
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$50,550$24.3

Detailed Bill and Account Collectors Market Analysis

Relocation Context

Nominal Salary

$43,300

Gross Pay

Real Wage (Purchasing Power)

$47,687

Adjusted for COL (90.8)

The nominal average salary of $43,300 in Nebraska for Bill and Account Collectors is considerably bolstered by the state's favorable cost of living. With an index of 90.8, Nebraska is approximately 9.2% more affordable than the national average. This means that the purchasing power of the $43,300 salary is effectively higher locally, allowing for a comfortable standard of living despite the salary being below the national benchmark.

Job Market Context

1,020

Total Jobs

1.005

Per 1K Jobs

0.94

Location Quotient

Below Average

Nebraska has 0.94x 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.

A Location Quotient of 0.94 suggests that Nebraska has a job market for Bill and Account Collectors that is very close to the national average in terms of concentration. This indicates a balanced supply and demand dynamic; the market is neither oversaturated nor experiencing a significant shortage of these professionals. Companies seeking to hire collectors will find a reasonably competitive landscape, while job seekers can expect a steady availability of opportunities.

Nearby Job Markets

Nearby Cities for Bill and Account Collectors

Comparing salaries near Nebraska

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Frequently Asked Questions

How much does a Bill and Account Collectors make in Nebraska?

The median annual salary for a Bill and Account Collectors in Nebraska is $43,300. This typically ranges from $34,980 for entry-level positions to $50,550 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Nebraska is 9.8% lower than the national median of $48,000.

Is Nebraska a lucrative place for Bill and Account Collectorss?

No, but it offers good value.While the average salary of $43,300 is below the national average, Nebraska's lower cost of living significantly enhances the purchasing power of this income.

Is Nebraska a good place to live for Bill and Account Collectors?

With a Cost of Living Index of 90.8 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Nebraska?

Some top paying nearby cities include Grand Island, NE ($41,970) and Lincoln, NE.

How does Nebraska's cost of living compare to the national average?

Nebraska's cost of living index is 90.8, making it approximately 9.2% more affordable than the national average.

What is the concentration of Bill and Account Collectors in Nebraska?

The Location Quotient for Bill and Account Collectors in Nebraska is 0.94, indicating a concentration that is slightly below the national average.

How many Bill and Account Collectors are there in Nebraska?

There are approximately 1,020 Bill and Account Collectors employed in Nebraska.

Are there many job openings for Bill and Account Collectors in Nebraska?

With 1.005 jobs per 1,000 workers, the availability of positions is consistent with the national average, suggesting a stable job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,020 employees in the Nebraska area with a job density of 1.005 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.