Average Bill and Account Collectors Salary in Scranton--Wilkes-Barre, PA
Bill and Account Collectors in Scranton--Wilkes-Barre, PA, earn an average annual salary of $43,200. This figure is notably below the national average of $48,000, suggesting that local market dynamics and potentially a different cost structure influence compensation in this region. While the national average sets a benchmark, Scranton's specific economic landscape plays a significant role in determining the pay scale for this profession.
Executive Summary
- Average Salary: $43,200 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $54,010.
- Outlook: The job market for Bill and Account Collectors in Scranton--Wilkes-Barre, PA, shows a moderate level of concentration, indicated by a Location Quotient of 1.64, which is 64% higher than the national average. With a total local workforce of 450 individuals in this role, the demand appears stable, suggesting a consistent need for these services within the area. The presence of 1.759 jobs per 1,000 workers further reinforces the notion of a localized, yet present, demand for collection professionals.
Salary Overview
The average Bill and Account Collectors in Scranton--Wilkes-Barre, PA earns-10.0%below the national average.
$20.8
$831
$3,600
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data for the last four years is not provided, it is reasonable to assume that salaries for Bill and Account Collectors in Scranton--Wilkes-Barre, PA, have experienced gradual growth, mirroring national trends. Economic factors such as inflation, evolving collection regulations, and the general demand for financial services typically drive modest annual increases in compensation for roles like this.
Bill and Account Collectors Salary Distribution in Scranton--Wilkes-Barre, PA
Career progression for Bill and Account Collectors typically involves a salary increase tied to experience and skill development. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with proven track records in complex debt recovery or specialized collection areas can command significantly higher salaries. The percentile gaps in salary distribution highlight these opportunities for advancement, rewarding individuals who gain expertise and take on more responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $28,970 | $13.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,400 | $15.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,730 | $21.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $54,000 | $26 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $54,010 | $26 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$43,200
Gross Pay
Real Wage (Purchasing Power)
$43,200
Adjusted for COL (100)
The nominal average salary of $43,200 in Scranton--Wilkes-Barre, PA, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is comparable to the national average, indicating that while the salary is lower than the national average, the cost of essential goods and services is also at the national average, creating a balanced financial environment for residents.
Job Market Context
450
Total Jobs
1.759
Per 1K Jobs
1.64
Location Quotient
Scranton--Wilkes-Barre, PA has 1.6x 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 1.64 signifies that Bill and Account Collectors are more concentrated in the Scranton--Wilkes-Barre, PA, area than the national average. This suggests a relatively robust local market for these professionals, with a higher proportion of jobs available compared to the overall workforce. While not indicating an oversaturation, it points to a healthy demand and a potentially competitive environment for both employers seeking talent and individuals seeking employment.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Bill and Account Collectors Salary | $46,860↑ 8% | 50 mi |
| Allentown-Bethlehem-Easton, PA-NJ Bill and Account Collectors Salary | $47,050↑ 9% | 57 mi |
| Southwest New York nonmetropolitan area Bill and Account Collectors Salary | $47,950↑ 11% | 64 mi |
| Central East New York nonmetropolitan area Bill and Account Collectors Salary | $52,920↑ 23% | 64 mi |
| Capital/Northern New York nonmetropolitan area Bill and Account Collectors Salary | $49,280↑ 14% | 64 mi |
Comparing salaries near Scranton--Wilkes-Barre, PA
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Scranton--Wilkes-Barre, PA?
The median annual salary for a Bill and Account Collectors in Scranton--Wilkes-Barre, PA is $43,200. This typically ranges from $28,970 for entry-level positions to $54,010 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Scranton--Wilkes-Barre, PA is 10.0% lower than the national median of $48,000.
Is Scranton--Wilkes-Barre, PA a lucrative place for Bill and Account Collectors?
No, not particularly lucrative compared to the national average.The average salary of $43,200 is below the national average of $48,000, although the cost of living is also at the national average, mitigating some of the disparity.
Is Scranton--Wilkes-Barre, PA a good place to live for Bill and Account Collectors?
The Cost of Living Index in Scranton--Wilkes-Barre, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Scranton--Wilkes-Barre, PA?
Some top paying nearby cities include Binghamton, NY ($46,860) and Allentown-Bethlehem-Easton, PA-NJ.
How does the local salary compare to the national average?
The average annual salary for Bill and Account Collectors in Scranton--Wilkes-Barre, PA, is $43,200, which is $4,800 less than the national average of $48,000.
What is the concentration of Bill and Account Collectors in Scranton--Wilkes-Barre, PA?
The concentration, measured by the Location Quotient, is 1.64, indicating that this profession is 64% more common in Scranton--Wilkes-Barre, PA, than the national average.
How does the cost of living affect the salary in Scranton--Wilkes-Barre, PA?
With a Cost of Living Index of 100, the local cost of living is exactly at the national average. This means the $43,200 salary has the same purchasing power as a national average salary in a national average cost of living area.
What is the total number of Bill and Account Collectors in the Scranton--Wilkes-Barre, PA area?
There are approximately 450 Bill and Account Collectors employed in the Scranton--Wilkes-Barre, PA metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 450 employees in the Scranton--Wilkes-Barre, PA area with a job density of 1.759 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 Scranton--Wilkes-Barre, PA