Average Bill and Account Collectors Salary in Omaha, NE-IA
In Omaha, NE-IA, Bill and Account Collectors earn an average annual salary of $45,570. This figure is slightly below the national average of $48,000, a common occurrence in regions where the cost of living aligns closely with the national benchmark. Local economic factors and demand within the specific Omaha market contribute to this salary positioning.
Executive Summary
- Average Salary: $45,570 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,130.
- Outlook: The Bill and Account Collector job market in Omaha, NE-IA, is moderately concentrated, with a Location Quotient of 0.8, indicating a presence slightly below the national average. The total local workforce of 420 suggests a stable, albeit not rapidly expanding, demand for these professionals within the region.
Salary Overview
The average Bill and Account Collectors in Omaha, NE-IA earns-5.1%below the national average.
$21.9
$876
$3,798
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data for Bill and Account Collectors in Omaha is not provided, it is generally observed that salaries in most professional fields, including collections, have seen a steady upward trend over the past four years. This growth is typically driven by inflation, increased demand for financial services, and evolving regulatory landscapes that necessitate skilled collection professionals.
Bill and Account Collectors Salary Distribution in Omaha, NE-IA
Career progression for Bill and Account Collectors in Omaha, NE-IA, typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior collectors with extensive experience and specialized skills can command salaries significantly higher than the average. These percentile gaps reflect the value placed on expertise and proven performance in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,200 | $16.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,178 | $16.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,010 | $21.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $56,963 | $27.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $58,130 | $27.9 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$45,570
Gross Pay
Real Wage (Purchasing Power)
$45,570
Adjusted for COL (100)
The nominal average salary of $45,570 in Omaha, NE-IA, is well-balanced by the local Cost of Living Index, which stands at 100, precisely matching the national average. This means that the purchasing power of a Bill and Account Collector's salary in Omaha is equivalent to the national average, offering stable financial stability without the premium often associated with higher cost-of-living areas.
Job Market Context
420
Total Jobs
0.857
Per 1K Jobs
0.8
Location Quotient
Omaha, NE-IA has 0.80x 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.
With a Location Quotient of 0.8, the Omaha, NE-IA market for Bill and Account Collectors is slightly less concentrated than the national average. This suggests that while the profession is present and has a stable workforce, it may not be a primary hub for this specific role, potentially offering a competitive environment for skilled individuals seeking employment.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Lincoln, NE Bill and Account Collectors Salary | $43,240↓ 5% | 45 mi |
| Sioux City, IA-NE-SD Bill and Account Collectors Salary | $44,990↓ 1% | 87 mi |
Comparing salaries near Omaha, NE-IA
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Omaha, NE-IA?
The median annual salary for a Bill and Account Collectors in Omaha, NE-IA is $45,570. This typically ranges from $35,200 for entry-level positions to $58,130 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Omaha, NE-IA is 5.1% lower than the national median of $48,000.
Is Omaha, NE-IA a lucrative place for Bill and Account Collectors?
No, not exceptionally lucrative compared to the national average.While the salary of $45,570 is stable due to a cost of living matching the national average, it falls slightly below the national average salary for the role. The market concentration is also slightly below the national average.
Is Omaha, NE-IA a good place to live for Bill and Account Collectors?
The Cost of Living Index in Omaha, NE-IA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Omaha, NE-IA?
Some top paying nearby cities include Lincoln, NE ($43,240) and Sioux City, IA-NE-SD.
How does Omaha's cost of living affect the Bill and Account Collector salary?
Omaha's cost of living index of 100 means it perfectly matches the national average. Therefore, the $45,570 salary offers purchasing power equivalent to the national average, making it a stable, though not high-paying, location.
What is the job market like for Bill and Account Collectors in Omaha?
The job market has a local workforce of 420 and a Location Quotient of 0.8, indicating a stable but slightly less concentrated presence of this profession compared to the national average.
Can experience increase a Bill and Account Collector's salary in Omaha?
Yes, experience is a key factor in salary progression. Senior collectors with specialized skills and a proven track record typically earn significantly more than the average salary, reflecting their value.
Is the Bill and Account Collector role in high demand in Omaha?
The demand appears stable, with 0.857 jobs per 1,000 workers and a Location Quotient below 1.0, suggesting it's not a significantly over-represented or in exceptionally high demand field compared to national trends.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Omaha, NE-IA area with a job density of 0.857 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 Omaha, NE-IA