SalaryNode

Average Bill and Account Collectors Salary in San Juan-Bayamon-Caguas, PR

In the San Juan-Bayamon-Caguas, PR metropolitan area, Bill and Account Collectors earn an average annual salary of $27,380. This figure is notably lower than the national average of $48,000, indicating a significant regional disparity in compensation for this role. Local economic factors and industry demand within Puerto Rico likely contribute to this lower average.

Executive Summary

  • Average Salary: $27,380 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $36,550.
  • Outlook: The San Juan-Bayamon-Caguas, PR area supports a substantial workforce of 2,090 Bill and Account Collectors. With a Location Quotient of 2.82, this role is significantly more concentrated in this region compared to the national average, suggesting a robust demand and a specialized job market for these professionals.
2024 Market Data

Salary Overview

$27,380

The average Bill and Account Collectors in San Juan-Bayamon-Caguas, PR earns-43.0%below the national average.

BreakdownBased on 40h/week
Hourly

$13.2

Weekly

$527

Monthly

$2,282

Bill and Account Collectors Salary Distribution in San Juan-Bayamon-Caguas, PR

Career progression for Bill and Account Collectors typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command higher salaries, potentially reaching into the upper percentiles of the reported average.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$20,710$10
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$20,535$9.9
ManagerOversees team, compliance, and project delivery.50% (Median)$26,300$12.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$34,225$16.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$36,550$17.6

Detailed Bill and Account Collectors Market Analysis

Relocation Context

Nominal Salary

$27,380

Gross Pay

Real Wage (Purchasing Power)

$27,380

Adjusted for COL (100)

The average annual salary of $27,380 in San Juan-Bayamon-Caguas, PR aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is comparable to the national average, making the cost of living a neutral factor in assessing the salary's value.

Job Market Context

2,090

Total Jobs

3.015

Per 1K Jobs

2.82

Location Quotient

Major Hub

San Juan-Bayamon-Caguas, PR has 2.8x the national concentration of Bill and Account Collectors jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 2.82 signifies that Bill and Account Collectors are more than twice as concentrated in the San Juan-Bayamon-Caguas, PR area compared to the national average. This indicates a high level of specialization and potentially a competitive market for talent, as employers in this region rely more heavily on this specific occupational group.

Nearby Job Markets

Nearby Cities for Bill and Account Collectors

Comparing salaries near San Juan-Bayamon-Caguas, PR

Hiring Bill and Account Collectorss?

Frequently Asked Questions

How much does a Bill and Account Collectors make in San Juan-Bayamon-Caguas, PR?

The median annual salary for a Bill and Account Collectors in San Juan-Bayamon-Caguas, PR is $27,380. This typically ranges from $20,710 for entry-level positions to $36,550 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in San Juan-Bayamon-Caguas, PR is 43.0% lower than the national median of $48,000.

Is San Juan-Bayamon-Caguas, PR a lucrative place for Bill and Account Collectors?

No, not compared to the national average.While the cost of living is on par with the national average, the average salary of $27,380 is significantly lower than the national average of $48,000 for Bill and Account Collectors.

Is San Juan-Bayamon-Caguas, PR a good place to live for Bill and Account Collectors?

The Cost of Living Index in San Juan-Bayamon-Caguas, PR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near San Juan-Bayamon-Caguas, PR?

Some top paying nearby cities include Puerto Rico nonmetropolitan area ($22,730) and Arecibo, PR.

How does the number of Bill and Account Collectors in San Juan compare nationally?

With 3.015 jobs per 1,000 workers, the concentration of Bill and Account Collectors in San Juan-Bayamon-Caguas, PR is significantly higher than the national average, as indicated by a Location Quotient of 2.82.

What is the total number of Bill and Account Collectors in the San Juan-Bayamon-Caguas, PR area?

The San Juan-Bayamon-Caguas, PR metropolitan area employs a total of 2,090 individuals in the Bill and Account Collectors profession.

Does experience impact salary for Bill and Account Collectors in this region?

Yes, typically, more experienced Bill and Account Collectors will earn higher salaries than entry-level professionals, reflecting increased skills and responsibilities.

How does the cost of living in San Juan-Bayamon-Caguas, PR affect the salary?

The cost of living index is 100, which is the national average. This means the $27,380 salary has a purchasing power equivalent to the national average, despite being lower in nominal terms.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,090 employees in the San Juan-Bayamon-Caguas, PR area with a job density of 3.015 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.