Average Bill and Account Collectors Salary in Springfield, IL
The average salary for Bill and Account Collectorss in Springfield, IL is $42,810. While this is lower than the national average, the cost of living in Springfield, IL may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $42,810 per year.
- Growth Trend: Salaries have shifted 40.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $53,220.
- 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 Springfield, IL economy.
Salary Overview
The average Bill and Account Collectors in Springfield, IL earns-10.8%below the national average.
$20.6
$823
$3,568
Bill and Account Collectors Salary Trends (2020-2024)
Over the past 4 years, Bill and Account Collectors salaries in Springfield, IL have experienced a rapid surge, growing by 40.9%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Bill and Account Collectors Salary Distribution in Springfield, IL
The earning potential for Bill and Account Collectorss in Springfield, IL 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 $30,730, while highly experienced professionals can command wages upwards of $53,220.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,730 | $14.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,108 | $15.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $42,640 | $20.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $53,513 | $25.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $53,220 | $25.6 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$42,810
Gross Pay
Real Wage (Purchasing Power)
$42,810
Adjusted for COL (100)
In Springfield, IL, the Cost of Living Index is 100. This increases your effective purchasing power from $42,810 to $42,810.
Job Market Context
70
Total Jobs
0.724
Per 1K Jobs
0.68
Location Quotient
Springfield, IL has 0.68x 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.
70 people work as Bill and Account Collectors in Springfield, IL.
Only 0.724 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. |
|---|---|---|
| West Central Illinois nonmetropolitan area Bill and Account Collectors Salary | $42,440↓ 1% | 53 mi |
| East Central Illinois nonmetropolitan area Bill and Account Collectors Salary | $44,200↑ 3% | 53 mi |
| Northwest Illinois nonmetropolitan area Bill and Account Collectors Salary | $42,180↓ 1% | 53 mi |
| South Illinois nonmetropolitan area Bill and Account Collectors Salary | $45,500↑ 6% | 53 mi |
Comparing salaries near Springfield, IL
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Springfield, IL?
The median annual salary for a Bill and Account Collectors in Springfield, IL is $42,810. This typically ranges from $30,730 for entry-level positions to $53,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Springfield, IL is 10.8% lower than the national median of $48,000.
Is Springfield, IL a good place for Bill and Account Collectorss?
It depends on your priorities. While the average Bill and Account Collectors salary in Springfield, IL is $42,810 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Springfield, IL. See distinct detailed breakdown below.
Is Springfield, IL a good place to live for Bill and Account Collectors?
The Cost of Living Index in Springfield, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Springfield, IL?
Some top paying nearby cities include West Central Illinois nonmetropolitan area ($42,440) and East Central Illinois nonmetropolitan area.
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 Springfield, IL area with a job density of 0.724 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 Springfield, IL