Average Bill and Account Collectors Salary in Rochester, MN
Yes, Rochester, MN is a highly lucrative market for Bill and Account Collectorss. With an average annual salary of $60,460, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $60,460 per year.
- Growth Trend: Salaries have shifted 7.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $92,180.
- Outlook: The current demand for Bill and Account Collectorss is stable, with a local workforce of approximately 80 professionals. This role remains a specialized component of the broader Rochester, MN economy.
Salary Overview
The average Bill and Account Collectors in Rochester, MN earns+26.0%above the national average.
$29.1
$1,163
$5,038
Bill and Account Collectors Salary Trends (2020-2024)
Over the past 4 years, Bill and Account Collectors salaries in Rochester, MN have remained stable with a modest increase of 7.0%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Bill and Account Collectors Salary Distribution in Rochester, MN
The earning potential for Bill and Account Collectorss in Rochester, MN 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 $41,370, while highly experienced professionals can command wages upwards of $92,180.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,370 | $19.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $45,345 | $21.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $55,900 | $26.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $75,575 | $36.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $92,180 | $44.3 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$60,460
Gross Pay
Real Wage (Purchasing Power)
$60,460
Adjusted for COL (100)
In Rochester, MN, the Cost of Living Index is 100. This increases your effective purchasing power from $60,460 to $60,460.
Job Market Context
80
Total Jobs
0.618
Per 1K Jobs
0.58
Location Quotient
Rochester, MN has 0.58x 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.
80 people work as Bill and Account Collectors in Rochester, MN.
Only 0.618 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
| City | Salary | Dist. |
|---|---|---|
| La Crosse-Onalaska, WI-MN Bill and Account Collectors Salary | $45,270↓ 25% | 64 mi |
| Eau Claire, WI Bill and Account Collectors Salary | $50,620↓ 16% | 74 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Bill and Account Collectors Salary | $51,930↓ 14% | 77 mi |
Comparing salaries near Rochester, MN
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Rochester, MN?
The median annual salary for a Bill and Account Collectors in Rochester, MN is $60,460. This typically ranges from $41,370 for entry-level positions to $92,180 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rochester, MN is 26.0% higher than the national median of $48,000.
Is Rochester, MN a good place for Bill and Account Collectorss?
Yes, Rochester, MN is financially attractive for Bill and Account Collectorss. The average salary of $60,460 exceeds the national average. See distinct detailed breakdown below.
Is Rochester, MN a good place to live for Bill and Account Collectors?
The Cost of Living Index in Rochester, MN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rochester, MN?
Some top paying nearby cities include La Crosse-Onalaska, WI-MN ($45,270) and Eau Claire, WI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 80 employees in the Rochester, MN area with a job density of 0.618 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 Rochester, MN