Average Bill and Account Collectors Salary in Seattle-Tacoma-Bellevue, WA
Bill and Account Collectors in the Seattle-Tacoma-Bellevue, WA metropolitan area earn an average annual salary of $50,980. This figure is notably higher than the national average of $48,000, suggesting that the economic landscape and demand for these financial services professionals in the Puget Sound region contribute to a more competitive compensation structure. The local market dynamics play a significant role in shaping the earning potential for this role.
Executive Summary
- Average Salary: $50,980 per year.
- Growth Trend: Salaries have shifted 3.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $68,620.
- Outlook: The Seattle-Tacoma-Bellevue area supports a local workforce of 1,990 Bill and Account Collectors. With a Location Quotient of 0.89, the concentration of these roles is slightly below the national average, indicating a stable, albeit not exceptionally concentrated, job market. The presence of nearly 2,000 professionals in this field suggests a consistent demand for their services within the region's diverse economic sectors.
Salary Overview
The average Bill and Account Collectors in Seattle-Tacoma-Bellevue, WA earns+6.2%above the national average.
$24.5
$980
$4,248
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 Seattle-Tacoma-Bellevue have experienced steady growth over the past four years, mirroring national trends. Economic expansion, inflation, and evolving collection practices likely contribute to an upward trajectory in compensation, ensuring that professionals in this field can expect their earnings to keep pace with the cost of living and market demands.
Bill and Account Collectors Salary Distribution in Seattle-Tacoma-Bellevue, WA
Career progression for Bill and Account Collectors 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 in complex debt recovery and client management can command substantially higher salaries. The percentile gaps between junior and senior roles reflect the value placed on expertise, negotiation skills, and a deep understanding of collection laws and ethics.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,480 | $18.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $38,235 | $18.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,020 | $22.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $63,725 | $30.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $68,620 | $33 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$50,980
Gross Pay
Real Wage (Purchasing Power)
$50,980
Adjusted for COL (100)
The average annual salary of $50,980 in Seattle-Tacoma-Bellevue aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is higher than the national average, the purchasing power of that income is effectively on par with the rest of the country. Therefore, relocating to this area for this role does not offer a significant advantage in terms of cost of living adjustments, but the higher nominal wage may still be attractive.
Job Market Context
1,990
Total Jobs
0.958
Per 1K Jobs
0.89
Location Quotient
Seattle-Tacoma-Bellevue, WA has 0.89x 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.
A Location Quotient of 0.89 for Bill and Account Collectors in Seattle-Tacoma-Bellevue indicates that this profession is slightly less concentrated than the national average. This suggests that while the job market is stable and supports a considerable number of professionals, there isn't an oversupply of these specialists relative to other occupations. This equilibrium can be favorable for job seekers, implying a healthy demand without extreme competition.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Bremerton-Silverdale-Port Orchard, WA Bill and Account Collectors Salary | $52,390↑ 3% | 18 mi |
| Western Washington nonmetropolitan area Bill and Account Collectors Salary | $50,360↓ 1% | 42 mi |
| Eastern Washington nonmetropolitan area Bill and Account Collectors Salary | $52,500↑ 3% | 42 mi |
| Olympia-Lacey-Tumwater, WA Bill and Account Collectors Salary | $51,640↑ 1% | 47 mi |
Comparing salaries near Seattle-Tacoma-Bellevue, WA
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Frequently Asked Questions
How much does a Bill and Account Collectors make in Seattle-Tacoma-Bellevue, WA?
The median annual salary for a Bill and Account Collectors in Seattle-Tacoma-Bellevue, WA is $50,980. This typically ranges from $38,480 for entry-level positions to $68,620 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Seattle-Tacoma-Bellevue, WA is 6.2% higher than the national median of $48,000.
Is Seattle-Tacoma-Bellevue, WA a lucrative place for Bill and Account Collectors?
Yes, it offers a competitive salary.The average salary of $50,980 is above the national average, providing a strong earning potential. However, the cost of living is also at the national average, meaning the increased salary offers standard purchasing power.
Is Seattle-Tacoma-Bellevue, WA a good place to live for Bill and Account Collectors?
The Cost of Living Index in Seattle-Tacoma-Bellevue, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Seattle-Tacoma-Bellevue, WA?
Some top paying nearby cities include Bremerton-Silverdale-Port Orchard, WA ($52,390) and Western Washington nonmetropolitan area.
How does the Seattle-Tacoma-Bellevue salary compare to the national average?
The average annual salary for Bill and Account Collectors in Seattle-Tacoma-Bellevue is $50,980, which is higher than the national average of $48,000.
What is the concentration of Bill and Account Collectors in Seattle-Tacoma-Bellevue?
The Location Quotient is 0.89, meaning the concentration of these jobs is slightly below the national average, indicating a stable but not overly saturated market.
Does the cost of living affect the value of the salary in Seattle-Tacoma-Bellevue?
The Cost of Living Index is 100, which is the national average. This means the $50,980 salary has purchasing power equivalent to the national average.
How many Bill and Account Collectors work in the Seattle-Tacoma-Bellevue area?
There are approximately 1,990 Bill and Account Collectors employed in the Seattle-Tacoma-Bellevue 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 1,990 employees in the Seattle-Tacoma-Bellevue, WA area with a job density of 0.958 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 Seattle-Tacoma-Bellevue, WA