Average Bill and Account Collectors Salary in New Hampshire
Bill and Account Collectors in New Hampshire earn an average annual salary of $47,100. This figure is slightly below the national average of $48,000. Local economic factors and the specific demand within the state contribute to this compensation level.
Executive Summary
- Average Salary: $47,100 per year.
- Growth Trend: Salaries have shifted 25.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $63,050.
- Outlook: New Hampshire supports a dedicated workforce of 820 Bill and Account Collectors. The Location Quotient of 1.13 indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable, albeit not booming, demand for these professionals within the state.
Salary Overview
The average Bill and Account Collectors in New Hampshire earns-1.9%below the national average.
$22.6
$906
$3,925
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Bill and Account Collectors in New Hampshire have seen gradual growth over the past four years, mirroring general economic trends and inflation adjustments common in the labor market.
Bill and Account Collectors Salary Distribution in New Hampshire
Career progression for Bill and Account Collectors typically involves salary increases with experience. Entry-level positions may start at a lower percentile, while senior collectors with extensive experience and specialized skills can command salaries significantly above the average, reflecting their value and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,830 | $16.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,325 | $17 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,440 | $21.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $58,875 | $28.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $63,050 | $30.3 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$47,100
Gross Pay
Real Wage (Purchasing Power)
$40,744
Adjusted for COL (115.6)
The average annual salary of $47,100 in New Hampshire needs to be viewed in the context of its Cost of Living Index of 115.6. This index, being above the national average, suggests that the purchasing power of the salary may be somewhat diminished compared to areas with a lower cost of living.
Job Market Context
820
Total Jobs
1.205
Per 1K Jobs
1.13
Location Quotient
With a location quotient of 1.13, New Hampshire has a slightly higher-than-average concentration of Bill and Account Collectors roles compared to the national norm.
With a Location Quotient of 1.13, New Hampshire shows a slightly higher concentration of Bill and Account Collector jobs than the national average. This suggests that the job market for these roles is moderately competitive, with a presence that aligns with or slightly exceeds national employment patterns.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Manchester-Nashua, NH Bill and Account Collectors Salary | $48,650↑ 3% | 33 mi |
| Portland-South Portland, ME Bill and Account Collectors Salary | $53,160↑ 13% | 67 mi |
| Boston-Cambridge-Newton, MA-NH Bill and Account Collectors Salary | $56,330↑ 20% | 82 mi |
Comparing salaries near New Hampshire
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in New Hampshire?
The median annual salary for a Bill and Account Collectors in New Hampshire is $47,100. This typically ranges from $33,830 for entry-level positions to $63,050 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Hampshire is 1.9% lower than the national median of $48,000.
Is New Hampshire a lucrative place for Bill and Account Collectors?
No, not significantly more lucrative than the national average.The average salary of $47,100 is slightly below the national average, and the higher cost of living further impacts its lucrative nature.
Is New Hampshire a good place to live for Bill and Account Collectors?
The Cost of Living Index in New Hampshire is 115.6. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New Hampshire?
Some top paying nearby cities include Manchester-Nashua, NH ($48,650) and Portland-South Portland, ME.
What is the average salary for Bill and Account Collectors in New Hampshire?
The average annual salary for Bill and Account Collectors in New Hampshire is $47,100.
How does New Hampshire's salary compare to the national average?
The average salary in New Hampshire ($47,100) is slightly lower than the national average ($48,000).
Is the job market for Bill and Account Collectors strong in New Hampshire?
The market shows a slightly higher concentration of these roles than the national average (LQ of 1.13), indicating a stable demand.
How does the cost of living affect the salary in New Hampshire?
New Hampshire's cost of living is above the national average (115.6), meaning the $47,100 salary may have less purchasing power than in lower-cost areas.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 820 employees in the New Hampshire area with a job density of 1.205 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Bill and Account Collectors • Data source: BLS OEWS 2024 •Jobs in New Hampshire