Average Bill and Account Collectors Salary in North Port-Bradenton-Sarasota, FL
In the North Port-Bradenton-Sarasota, FL area, Bill and Account Collectors earn an average annual salary of $42,940. This figure is notably below the national average of $48,000, suggesting that local market dynamics, such as demand and the cost of doing business, may be influencing compensation levels in this specific region.
Executive Summary
- Average Salary: $42,940 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $51,490.
- Outlook: The Bill and Account Collector job market in North Port-Bradenton-Sarasota, FL, shows a moderate level of activity with a local workforce of 550 professionals. The Location Quotient of 1.52 indicates a higher concentration of these roles compared to the national average, suggesting a potentially stable or growing demand for skilled collectors within this metropolitan area.
Salary Overview
The average Bill and Account Collectors in North Port-Bradenton-Sarasota, FL earns-10.5%below the national average.
$20.6
$826
$3,578
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Bill and Account Collectors in North Port-Bradenton-Sarasota, FL, have experienced gradual growth over the past four years, mirroring general economic trends and inflation. This upward trajectory is often driven by increasing operational costs for businesses and a sustained need for effective debt recovery services.
Bill and Account Collectors Salary Distribution in North Port-Bradenton-Sarasota, FL
Career progression for Bill and Account Collectors typically involves a salary increase with accumulated experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with a proven track record in complex collections and client management can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $34,990 | $16.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,205 | $15.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $42,490 | $20.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $53,675 | $25.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $51,490 | $24.8 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$42,940
Gross Pay
Real Wage (Purchasing Power)
$42,940
Adjusted for COL (100)
The average annual salary of $42,940 in North Port-Bradenton-Sarasota, FL, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Bill and Account Collector's salary in this region is comparable to the national standard, offering no significant advantage or disadvantage in terms of affordability for residents.
Job Market Context
550
Total Jobs
1.632
Per 1K Jobs
1.52
Location Quotient
North Port-Bradenton-Sarasota, FL has 1.5x the national concentration of Bill and Account Collectors jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.52, North Port-Bradenton-Sarasota, FL, exhibits a concentration of Bill and Account Collector roles that is 52% higher than the national average. This suggests a robust local market where these professionals are in relatively higher demand, potentially leading to more job opportunities and a competitive environment for employers seeking talent.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Cape Coral-Fort Myers, FL Bill and Account Collectors Salary | $47,070↑ 10% | 31 mi |
| Sebring, FL Bill and Account Collectors Salary | $39,760↓ 7% | 54 mi |
| North Florida nonmetropolitan area Bill and Account Collectors Salary | $47,950↑ 12% | 58 mi |
| South Florida nonmetropolitan area Bill and Account Collectors Salary | $49,280↑ 15% | 58 mi |
Comparing salaries near North Port-Bradenton-Sarasota, FL
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in North Port-Bradenton-Sarasota, FL?
The median annual salary for a Bill and Account Collectors in North Port-Bradenton-Sarasota, FL is $42,940. This typically ranges from $34,990 for entry-level positions to $51,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Port-Bradenton-Sarasota, FL is 10.5% lower than the national median of $48,000.
Is North Port-Bradenton-Sarasota, FL a lucrative place for Bill and Account Collectors?
No, not significantly more lucrative than the national average.While the concentration of jobs is higher than the national average, the average salary of $42,940 is below the national average of $48,000, and the cost of living is on par with the national average.
Is North Port-Bradenton-Sarasota, FL a good place to live for Bill and Account Collectors?
The Cost of Living Index in North Port-Bradenton-Sarasota, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near North Port-Bradenton-Sarasota, FL?
Some top paying nearby cities include Cape Coral-Fort Myers, FL ($47,070) and Sebring, FL.
How does the local salary compare to the national average?
The average annual salary for Bill and Account Collectors in North Port-Bradenton-Sarasota, FL, is $42,940, which is lower than the national average of $48,000.
What is the significance of the Location Quotient (LQ) of 1.52?
An LQ of 1.52 indicates that Bill and Account Collector jobs are 52% more concentrated in the North Port-Bradenton-Sarasota, FL area compared to the national average, suggesting a stronger local presence of this profession.
How does the cost of living affect the salary in this area?
With a Cost of Living Index of 100, the local cost of living is exactly at the national average. Therefore, the $42,940 salary has a purchasing power equivalent to the national average.
What is the total number of Bill and Account Collectors in the area?
There are approximately 550 Bill and Account Collectors employed within the North Port-Bradenton-Sarasota, FL metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 550 employees in the North Port-Bradenton-Sarasota, FL area with a job density of 1.632 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 North Port-Bradenton-Sarasota, FL