Average Bill and Account Collectors Salary in Southeast Minnesota nonmetropolitan area
Yes, Southeast Minnesota nonmetropolitan area is a highly lucrative market for Bill and Account Collectorss. With an average annual salary of $58,480, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $58,480 per year.
- Growth Trend: Salaries have shifted 49.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $75,410.
- Outlook: The current demand for Bill and Account Collectorss is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Southeast Minnesota nonmetropolitan area economy.
Salary Overview
The average Bill and Account Collectors in Southeast Minnesota nonmetropolitan area earns+21.8%above the national average.
$28.1
$1,125
$4,873
Bill and Account Collectors Salary Trends (2020-2024)
Over the past 4 years, Bill and Account Collectors salaries in Southeast Minnesota nonmetropolitan area have experienced a rapid surge, growing by 49.3%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Bill and Account Collectors Salary Distribution in Southeast Minnesota nonmetropolitan area
The earning potential for Bill and Account Collectorss in Southeast Minnesota nonmetropolitan area varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $35,760, while highly experienced professionals can command wages upwards of $75,410.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,760 | $17.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $43,860 | $21.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $59,160 | $28.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $73,100 | $35.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $75,410 | $36.3 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$58,480
Gross Pay
Real Wage (Purchasing Power)
$58,480
Adjusted for COL (100)
In Southeast Minnesota nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $58,480 to $58,480.
Job Market Context
70
Total Jobs
0.447
Per 1K Jobs
0.42
Location Quotient
At 0.42x, Southeast Minnesota nonmetropolitan area has a notably lower concentration of Bill and Account Collectors jobs than the national average. Opportunities in this area are relatively scarce for this profession.
70 people work as Bill and Account Collectors in Southeast Minnesota nonmetropolitan area.
Only 0.447 out of every 1,000 local jobs are Bill and Account Collectors roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| St. Cloud, MN Bill and Account Collectors Salary | $42,870↓ 27% | 17 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Bill and Account Collectors Salary | $51,930↓ 11% | 58 mi |
Comparing salaries near Southeast Minnesota nonmetropolitan area
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Southeast Minnesota nonmetropolitan area?
The median annual salary for a Bill and Account Collectors in Southeast Minnesota nonmetropolitan area is $58,480. This typically ranges from $35,760 for entry-level positions to $75,410 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southeast Minnesota nonmetropolitan area is 21.8% higher than the national median of $48,000.
Is Southeast Minnesota nonmetropolitan area a good place for Bill and Account Collectorss?
Yes, Southeast Minnesota nonmetropolitan area is financially attractive for Bill and Account Collectorss. The average salary of $58,480 exceeds the national average. See distinct detailed breakdown below.
Is Southeast Minnesota nonmetropolitan area a good place to live for Bill and Account Collectors?
The Cost of Living Index in Southeast Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southeast Minnesota nonmetropolitan area?
Some top paying nearby cities include St. Cloud, MN ($42,870) and Minneapolis-St. Paul-Bloomington, MN-WI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Southeast Minnesota nonmetropolitan area area with a job density of 0.447 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 Southeast Minnesota nonmetropolitan area