SalaryNode

Average Bill and Account Collectors Salary in Norwich-New London-Willimantic, CT

Yes, Norwich-New London-Willimantic, CT is a highly lucrative market for Bill and Account Collectorss. With an average annual salary of $56,630, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $56,630 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $74,180.
  • Outlook: The current demand for Bill and Account Collectorss is stable, with a local workforce of approximately 30 professionals. This role remains a specialized component of the broader Norwich-New London-Willimantic, CT economy.
2024 Market Data

Salary Overview

$56,630

The average Bill and Account Collectors in Norwich-New London-Willimantic, CT earns+18.0%above the national average.

BreakdownBased on 40h/week
Hourly

$27.2

Weekly

$1,089

Monthly

$4,719

Bill and Account Collectors Salary Distribution in Norwich-New London-Willimantic, CT

The earning potential for Bill and Account Collectorss in Norwich-New London-Willimantic, CT varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $41,120, while highly experienced professionals can command wages upwards of $74,180.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$41,120$19.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$42,473$20.4
ManagerOversees team, compliance, and project delivery.50% (Median)$50,810$24.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$70,788$34
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$74,180$35.7

Detailed Bill and Account Collectors Market Analysis

Relocation Context

Nominal Salary

$56,630

Gross Pay

Real Wage (Purchasing Power)

$56,630

Adjusted for COL (100)

In Norwich-New London-Willimantic, CT, the Cost of Living Index is 100. This increases your effective purchasing power from $56,630 to $56,630.

Job Market Context

30

Total Jobs

0.26

Per 1K Jobs

0.24

Location Quotient

Low Concentration

At 0.24x, Norwich-New London-Willimantic, CT has a notably lower concentration of Bill and Account Collectors jobs than the national average. Opportunities in this area are relatively scarce for this profession.

30 people work as Bill and Account Collectors in Norwich-New London-Willimantic, CT.

Only 0.26 out of every 1,000 local jobs are Bill and Account Collectors roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Bill and Account Collectors

Comparing salaries near Norwich-New London-Willimantic, CT

Hiring Bill and Account Collectorss?

Frequently Asked Questions

How much does a Bill and Account Collectors make in Norwich-New London-Willimantic, CT?

The median annual salary for a Bill and Account Collectors in Norwich-New London-Willimantic, CT is $56,630. This typically ranges from $41,120 for entry-level positions to $74,180 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Norwich-New London-Willimantic, CT is 18.0% higher than the national median of $48,000.

Is Norwich-New London-Willimantic, CT a good place for Bill and Account Collectorss?

Yes, Norwich-New London-Willimantic, CT is financially attractive for Bill and Account Collectorss. The average salary of $56,630 exceeds the national average. See distinct detailed breakdown below.

Is Norwich-New London-Willimantic, CT a good place to live for Bill and Account Collectors?

The Cost of Living Index in Norwich-New London-Willimantic, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Norwich-New London-Willimantic, CT?

Some top paying nearby cities include Hartford-West Hartford-East Hartford, CT ($59,250) and Providence-Warwick, RI-MA.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 30 employees in the Norwich-New London-Willimantic, CT area with a job density of 0.26 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.