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Average Bill and Account Collectors Salary in North Region of Texas nonmetropolitan area

In the North Region of Texas's nonmetropolitan area, Bill and Account Collectors earn an average annual salary of $39,300. This figure falls below the national average of $48,000, indicating a localized pay scale influenced by regional economic factors and the specific demand within this nonmetropolitan setting.

Executive Summary

  • Average Salary: $39,300 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $55,210.
  • Outlook: The job market for Bill and Account Collectors in the North Region of Texas nonmetropolitan area is characterized by a modest workforce of 220 individuals. With a Location Quotient of 0.74, the concentration of these roles is slightly below the national average, suggesting a stable but not rapidly expanding demand for this profession within the region.
2024 Market Data

Salary Overview

$39,300

The average Bill and Account Collectors in North Region of Texas nonmetropolitan area earns-18.1%below the national average.

BreakdownBased on 40h/week
Hourly

$18.9

Weekly

$756

Monthly

$3,275

Bill and Account Collectors Salary Distribution in North Region of Texas nonmetropolitan area

As with most professions, experience significantly impacts the earning potential for Bill and Account Collectors. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and a proven track record can command higher salaries. The percentile gaps in pay clearly signify distinct career progression pathways from junior to senior collector roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$21,550$10.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$29,475$14.2
ManagerOversees team, compliance, and project delivery.50% (Median)$36,210$17.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$49,125$23.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$55,210$26.5

Detailed Bill and Account Collectors Market Analysis

Relocation Context

Nominal Salary

$39,300

Gross Pay

Real Wage (Purchasing Power)

$39,300

Adjusted for COL (100)

The nominal average annual salary of $39,300 for Bill and Account Collectors in the North Region of Texas nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of this income is equivalent to the national average, making the cost of living relatively balanced with the local pay.

Job Market Context

220

Total Jobs

0.789

Per 1K Jobs

0.74

Location Quotient

Below Average

North Region of Texas nonmetropolitan area has 0.74x 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.

The Location Quotient of 0.74 for Bill and Account Collectors in the North Region of Texas nonmetropolitan area suggests that the job market is less concentrated than the national average. This indicates that while there is a presence of these roles, the competition might be less intense compared to more densely populated or industrially focused areas, potentially offering a more stable employment landscape for qualified individuals.

Nearby Job Markets

Nearby Cities for Bill and Account Collectors

Comparing salaries near North Region of Texas nonmetropolitan area

Hiring Bill and Account Collectorss?

Frequently Asked Questions

How much does a Bill and Account Collectors make in North Region of Texas nonmetropolitan area?

The median annual salary for a Bill and Account Collectors in North Region of Texas nonmetropolitan area is $39,300. This typically ranges from $21,550 for entry-level positions to $55,210 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Region of Texas nonmetropolitan area is 18.1% lower than the national median of $48,000.

Is North Region of Texas nonmetropolitan area a lucrative place for Bill and Account Collectors?

No, it is not considered a particularly lucrative area.The average salary of $39,300 is significantly lower than the national average of $48,000. While the cost of living is average, the lower pay scale limits the overall lucrativeness of the role in this region.

Is North Region of Texas nonmetropolitan area a good place to live for Bill and Account Collectors?

The Cost of Living Index in North Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near North Region of Texas nonmetropolitan area?

Some top paying nearby cities include Killeen-Temple, TX ($40,640) and Waco, TX.

How does the local salary compare to the national average?

The average annual salary for Bill and Account Collectors in the North Region of Texas nonmetropolitan area is $39,300, which is $8,700 less than the national average of $48,000.

What is the total number of Bill and Account Collectors in this region?

There are approximately 220 Bill and Account Collectors employed in the North Region of Texas nonmetropolitan area.

Is the concentration of Bill and Account Collectors high in this area?

No, the concentration is slightly below the national average, with a Location Quotient of 0.74, indicating fewer jobs per capita compared to the rest of the country.

How does the cost of living affect the value of the salary?

The cost of living in this region is exactly at the national average (100). Therefore, the $39,300 salary has the same purchasing power as the national average salary, despite being lower in nominal terms.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the North Region of Texas nonmetropolitan area area with a job density of 0.789 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.