SalaryNode

Average Bill and Account Collectors Salary in Ohio

Bill and Account Collectors in Ohio earn an average annual salary of $45,340, which is slightly below the national average of $48,000. This localized pay rate is influenced by a variety of factors specific to the Ohio job market, including regional economic conditions, the cost of living, and the overall demand for these essential financial services roles within the state.

Executive Summary

  • Average Salary: $45,340 per year.
  • Growth Trend: Salaries have shifted 21.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,100.
  • Outlook: Ohio boasts a robust job market for Bill and Account Collectors, evidenced by a substantial local workforce of 8,660 individuals. The Location Quotient of 1.46 indicates a significantly higher concentration of these roles in Ohio compared to the national average, suggesting strong and consistent demand for professionals in this sector within the state.
2024 Market Data

Salary Overview

$45,340

The average Bill and Account Collectors in Ohio earns-5.5%below the national average.

BreakdownBased on 40h/week
Hourly

$21.8

Weekly

$872

Monthly

$3,778

Bill and Account Collectors Salary Distribution in Ohio

Career progression for Bill and Account Collectors in Ohio typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command salaries well above the average. The percentile gaps in earnings clearly signify the value placed on experience and expertise in this role.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$31,630$15.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,005$16.3
ManagerOversees team, compliance, and project delivery.50% (Median)$44,400$21.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$56,675$27.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$60,100$28.9

Detailed Bill and Account Collectors Market Analysis

Relocation Context

Nominal Salary

$45,340

Gross Pay

Real Wage (Purchasing Power)

$49,934

Adjusted for COL (90.8)

The average annual salary of $45,340 in Ohio presents a favorable financial situation when considering the local Cost of Living Index of 90.8. This index, which is below the national average of 100, suggests that the purchasing power of an Ohio-based Bill and Account Collector's salary is likely higher than the nominal figure might initially indicate, allowing for a comfortable lifestyle.

Job Market Context

8,660

Total Jobs

1.567

Per 1K Jobs

1.46

Location Quotient

Above Average

With a location quotient of 1.46, Ohio has a slightly higher-than-average concentration of Bill and Account Collectors roles compared to the national norm.

With a Location Quotient of 1.46, Ohio exhibits a notably higher concentration of Bill and Account Collector positions than the national average. This indicates a more abundant job market for these professionals within the state, potentially leading to increased competition for roles but also signifying a strong and established demand for their services across various industries.

Nearby Job Markets

Nearby Cities for Bill and Account Collectors

CitySalaryDist.
Mansfield, OH Bill and Account Collectors Salary$37,510↓ 17%29 mi
Columbus, OH Bill and Account Collectors Salary$47,240↑ 4%32 mi
Sandusky, OH Bill and Account Collectors Salary$46,090↑ 2%73 mi
Lima, OH Bill and Account Collectors Salary$41,610↓ 8%75 mi

Comparing salaries near Ohio

Hiring Bill and Account Collectorss?

Frequently Asked Questions

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

The median annual salary for a Bill and Account Collectors in Ohio is $45,340. This typically ranges from $31,630 for entry-level positions to $60,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Ohio is 5.5% lower than the national median of $48,000.

Is Ohio a lucrative place for Bill and Account Collectors?

Yes, Ohio offers a competitive environment for Bill and Account Collectors.While the average salary is slightly below the national average, Ohio's lower cost of living means the $45,340 salary offers good purchasing power. Furthermore, the high concentration of these roles (LQ of 1.46) indicates strong local demand.

Is Ohio 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 Ohio?

Some top paying nearby cities include Mansfield, OH ($37,510) and Columbus, OH.

What is the average salary for a Bill and Account Collector in Ohio?

The average annual salary for a Bill and Account Collector in Ohio is $45,340.

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

Ohio's cost of living is lower than the national average, with an index of 90.8 compared to the national benchmark of 100.

Is there high demand for Bill and Account Collectors in Ohio?

Yes, the Location Quotient of 1.46 suggests a significantly higher concentration and thus strong demand for Bill and Account Collectors in Ohio compared to the national average.

How many Bill and Account Collectors are there in Ohio?

Ohio has a total local workforce of 8,660 Bill and Account Collectors.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,660 employees in the Ohio area with a job density of 1.567 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Bill and Account Collectors • Data source: BLS OEWS 2024 •Jobs in Ohio