Average Bill and Account Collectors Salary in Spokane-Spokane Valley, WA
In Spokane-Spokane Valley, WA, Bill and Account Collectors earn an average annual salary of $45,730. This figure is slightly below the national average of $48,000, a common occurrence in markets where local economic factors and demand dynamics influence compensation levels. The specific pay for this role in Spokane is shaped by the region's unique economic landscape and the concentration of businesses requiring these services.
Executive Summary
- Average Salary: $45,730 per year.
- Growth Trend: Salaries have shifted 19.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,250.
- Outlook: The Bill and Account Collector job market in Spokane-Spokane Valley, WA, appears stable, with a total local workforce of 230 individuals in this profession. The Location Quotient of 0.84 suggests a slightly lower concentration of these roles compared to the national average, indicating a balanced but not overly saturated market. With approximately 0.897 jobs per 1,000 workers, the demand is present, reflecting a steady need for these financial services professionals within the local economy.
Salary Overview
The average Bill and Account Collectors in Spokane-Spokane Valley, WA earns-4.7%below the national average.
$22
$879
$3,811
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data for Bill and Account Collectors in Spokane-Spokane Valley is not provided, it is reasonable to assume that salaries within this sector have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving industry demands typically drive incremental increases in compensation for roles like bill and account collection, ensuring that pay remains competitive within the local job market.
Bill and Account Collectors Salary Distribution in Spokane-Spokane Valley, WA
Career progression for Bill and Account Collectors in Spokane-Spokane Valley, WA, is typically marked by increasing earning potential. Entry-level positions often start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in earnings between junior and senior collectors reflect the value placed on expertise, problem-solving abilities, and a proven track record in managing accounts and resolving delinquencies.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,560 | $17.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,298 | $16.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $43,160 | $20.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,163 | $27.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $59,250 | $28.5 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$45,730
Gross Pay
Real Wage (Purchasing Power)
$45,730
Adjusted for COL (100)
The average annual salary of $45,730 for Bill and Account Collectors in Spokane-Spokane Valley, WA, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is comparable to the national standard, suggesting that the cost of housing, goods, and services in Spokane is neither significantly higher nor lower than the average U.S. city. Therefore, the nominal salary effectively translates to a standard of living equivalent to the national average.
Job Market Context
230
Total Jobs
0.897
Per 1K Jobs
0.84
Location Quotient
Spokane-Spokane Valley, WA has 0.84x 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.
With a Location Quotient of 0.84, the job market for Bill and Account Collectors in Spokane-Spokane Valley, WA, is slightly less concentrated than the national average. This suggests that while the profession is present and necessary, it is not a dominant industry in the region. The market is neither overly saturated nor exceptionally scarce, implying a moderate level of competition for available positions and a stable, albeit not booming, demand for skilled collectors.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Coeur d'Alene, ID Bill and Account Collectors Salary | $44,460↓ 3% | 30 mi |
Comparing salaries near Spokane-Spokane Valley, WA
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Spokane-Spokane Valley, WA?
The median annual salary for a Bill and Account Collectors in Spokane-Spokane Valley, WA is $45,730. This typically ranges from $35,560 for entry-level positions to $59,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Spokane-Spokane Valley, WA is 4.7% lower than the national median of $48,000.
Is Spokane-Spokane Valley, WA a lucrative place for Bill and Account Collectors?
No, it is not exceptionally lucrative compared to the national average.The average salary of $45,730 is below the national average of $48,000, and the Cost of Living is at the national average, indicating standard earning potential rather than high profitability.
Is Spokane-Spokane Valley, WA a good place to live for Bill and Account Collectors?
The Cost of Living Index in Spokane-Spokane Valley, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Spokane-Spokane Valley, WA?
Some top paying nearby cities include Coeur d'Alene, ID ($44,460) and others.
How does the Spokane Bill Collector salary compare to the national average?
The average annual salary for Bill and Account Collectors in Spokane-Spokane Valley, WA, is $45,730, which is slightly lower than the national average of $48,000.
What is the Cost of Living in Spokane-Spokane Valley, WA?
The Cost of Living Index in Spokane-Spokane Valley, WA, is 100, which is exactly the national average, meaning the cost of goods and services is standard.
How concentrated is the Bill and Account Collector profession in Spokane?
The Location Quotient of 0.84 indicates that the profession is slightly less concentrated in Spokane-Spokane Valley compared to the national average, suggesting a balanced job market.
What does the number of jobs per 1,000 workers signify for collectors in Spokane?
With 0.897 jobs per 1,000 workers, it indicates a steady, consistent demand for Bill and Account Collectors within the Spokane-Spokane Valley workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Spokane-Spokane Valley, WA area with a job density of 0.897 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 Spokane-Spokane Valley, WA