SalaryNode

Average Bill and Account Collectors Salary in South Carolina

In South Carolina, Bill and Account Collectors earn an average annual salary of $42,650. This figure is notably below the national average of $48,000, reflecting regional economic factors and the specific demand dynamics within the state. The compensation landscape for this role is intrinsically tied to the local economic conditions and the concentration of related industries.

Executive Summary

  • Average Salary: $42,650 per year.
  • Growth Trend: Salaries have shifted 19.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $52,390.
  • Outlook: South Carolina supports a substantial workforce of 4,060 Bill and Account Collectors. With a Location Quotient of 1.67, the state exhibits a significantly higher concentration of these professionals compared to the national average, indicating a robust and established job market for this occupation.
2024 Market Data

Salary Overview

$42,650

The average Bill and Account Collectors in South Carolina earns-11.1%below the national average.

BreakdownBased on 40h/week
Hourly

$20.5

Weekly

$820

Monthly

$3,554

Bill and Account Collectors Salary Distribution in South Carolina

Career progression for Bill and Account Collectors in South Carolina 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 salaries significantly higher than the average, reflected in the upper percentiles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$32,800$15.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,988$15.4
ManagerOversees team, compliance, and project delivery.50% (Median)$41,040$19.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$53,313$25.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$52,390$25.2

Detailed Bill and Account Collectors Market Analysis

Relocation Context

Nominal Salary

$42,650

Gross Pay

Real Wage (Purchasing Power)

$44,473

Adjusted for COL (95.9)

The average annual salary of $42,650 in South Carolina presents a favorable financial picture when considered against the state's Cost of Living Index of 95.9. This index, slightly below the national average of 100, suggests that the nominal income earned by Bill and Account Collectors in South Carolina may offer a comparable or slightly better purchasing power than in higher-cost regions.

Job Market Context

4,060

Total Jobs

1.787

Per 1K Jobs

1.67

Location Quotient

Major Hub

South Carolina has 1.7x 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 1.67 signifies that South Carolina has a disproportionately higher number of Bill and Account Collectors relative to its overall workforce compared to the national average. This suggests a strong demand and a concentrated talent pool, making the job market competitive yet abundant for skilled individuals.

Nearby Job Markets

Nearby Cities for Bill and Account Collectors

Comparing salaries near South Carolina

Hiring Bill and Account Collectorss?

Frequently Asked Questions

How much does a Bill and Account Collectors make in South Carolina?

The median annual salary for a Bill and Account Collectors in South Carolina is $42,650. This typically ranges from $32,800 for entry-level positions to $52,390 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Carolina is 11.1% lower than the national median of $48,000.

Is South Carolina a lucrative place for Bill and Account Collectors?

No, but cost of living offers value.While the average salary of $42,650 is below the national average, South Carolina's cost of living index of 95.9 makes the nominal salary more competitive in terms of purchasing power.

Is South Carolina a good place to live for Bill and Account Collectors?

With a Cost of Living Index of 95.9 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near South Carolina?

Some top paying nearby cities include Columbia, SC ($41,740) and Florence, SC.

How does South Carolina's job market compare nationally for Bill and Account Collectors?

South Carolina has a higher concentration of Bill and Account Collectors than the national average, indicated by a Location Quotient of 1.67, suggesting a more robust local market.

What is the average salary for a Bill and Account Collector in South Carolina?

The average annual salary for a Bill and Account Collector in South Carolina is $42,650.

How does the cost of living in South Carolina affect salary perception?

With a Cost of Living Index of 95.9, South Carolina is slightly cheaper than the national average, meaning the $42,650 salary can provide a reasonable standard of living.

What is the total number of Bill and Account Collectors in South Carolina?

There are approximately 4,060 Bill and Account Collectors employed in South Carolina.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,060 employees in the South Carolina area with a job density of 1.787 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.