Average Bill and Account Collectors Salary in Rochester, NY
Bill and Account Collectors in Rochester, NY, earn an average annual salary of $47,570. This figure is slightly below the national average of $48,000, indicating a marginal difference in compensation within this sector. Local economic factors and the specific demand within the Rochester area likely contribute to this pay rate.
Executive Summary
- Average Salary: $47,570 per year.
- Growth Trend: Salaries have shifted 17.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,990.
- Outlook: Rochester, NY, supports a dedicated workforce of 550 Bill and Account Collectors. The location quotient of 1.05 suggests a concentration of these roles that is slightly above the national average, implying a stable and present demand for these professionals within the local job market.
Salary Overview
The average Bill and Account Collectors in Rochester, NY earns-0.9%below the national average.
$22.9
$915
$3,964
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Bill and Account Collectors in Rochester, NY, have experienced steady growth over the past four years, mirroring national trends. This anticipated upward trajectory is driven by inflation, evolving collection technologies, and the persistent need for skilled financial recovery professionals.
Bill and Account Collectors Salary Distribution in Rochester, NY
Career progression for Bill and Account Collectors in Rochester, NY, typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with proven track records and specialized skills can command salaries well above the average, reflecting the value of their expertise and the percentile gaps in compensation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,910 | $17.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,678 | $17.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,010 | $22.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $59,463 | $28.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $61,990 | $29.8 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$47,570
Gross Pay
Real Wage (Purchasing Power)
$47,570
Adjusted for COL (100)
The average annual salary of $47,570 in Rochester, NY, aligns precisely with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Bill and Account Collector's salary in Rochester is comparable to the national standard, offering a balanced financial landscape for residents.
Job Market Context
550
Total Jobs
1.128
Per 1K Jobs
1.05
Location Quotient
With a location quotient of 1.05, Rochester, NY has a slightly higher-than-average concentration of Bill and Account Collectors roles compared to the national norm.
With a Location Quotient of 1.05, Rochester, NY, exhibits a job market for Bill and Account Collectors that is marginally more concentrated than the national average. This indicates a healthy presence of these roles, suggesting that while the market is not oversaturated, there is a consistent demand and a competitive environment for skilled collectors.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Buffalo-Cheektowaga, NY Bill and Account Collectors Salary | $44,330↓ 7% | 65 mi |
| Syracuse, NY Bill and Account Collectors Salary | $50,140↑ 5% | 75 mi |
Comparing salaries near Rochester, NY
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Rochester, NY?
The median annual salary for a Bill and Account Collectors in Rochester, NY is $47,570. This typically ranges from $35,910 for entry-level positions to $61,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rochester, NY is 0.9% lower than the national median of $48,000.
Is Rochester, NY a lucrative place for Bill and Account Collectorss?
No, not significantly more lucrative than the national average.While the average salary of $47,570 is close to the national average, and the cost of living is also at the national average, Rochester does not offer a substantial financial advantage for Bill and Account Collectors.
Is Rochester, NY a good place to live for Bill and Account Collectors?
The Cost of Living Index in Rochester, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rochester, NY?
Some top paying nearby cities include Buffalo-Cheektowaga, NY ($44,330) and Syracuse, NY.
What is the average salary for a Bill and Account Collector in Rochester, NY?
The average annual salary for a Bill and Account Collector in Rochester, NY, is $47,570.
How does Rochester's cost of living compare to the national average?
Rochester, NY, has a Cost of Living Index of 100, which is exactly the national average.
Is there high demand for Bill and Account Collectors in Rochester?
The location quotient of 1.05 suggests a slightly higher concentration of Bill and Account Collectors than the national average, indicating a stable demand.
How many Bill and Account Collectors work in Rochester, NY?
There are approximately 550 Bill and Account Collectors employed in the Rochester, NY area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 550 employees in the Rochester, NY area with a job density of 1.128 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, NY