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.
Salary Overview
The average Bill and Account Collectors in South Carolina earns-11.1%below the national average.
$20.5
$820
$3,554
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 South Carolina have experienced a gradual upward trend over the past four years, mirroring general economic growth and inflation. This suggests a potentially improving earning potential for those in the field.
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 Level | Market Percentile | Annual Wage | Hourly 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
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
| City | Salary | Dist. |
|---|---|---|
| Columbia, SC Bill and Account Collectors Salary | $41,740↓ 2% | 13 mi |
| Florence, SC Bill and Account Collectors Salary | $41,350↓ 3% | 70 mi |
| Augusta-Richmond County, GA-SC Bill and Account Collectors Salary | $39,110↓ 8% | 73 mi |
| Charleston-North Charleston, SC Bill and Account Collectors Salary | $44,780↑ 5% | 91 mi |
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.
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Semantic Salary Analysis for Bill and Account Collectors • Data source: BLS OEWS 2024 •Jobs in South Carolina