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Average Bill and Account Collectors Salary in Syracuse, NY

Bill and Account Collectors in Syracuse, NY, earn an average annual salary of $50,140, surpassing the national average of $48,000. This localized pay reflects the specific economic conditions and demand within the Syracuse metropolitan area, influencing compensation levels for this essential financial role.

Executive Summary

  • Average Salary: $50,140 per year.
  • Growth Trend: Salaries have shifted 14.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $68,380.
  • Outlook: With a total local workforce of 200 individuals in this role, Syracuse presents a stable, albeit niche, employment landscape for Bill and Account Collectors. The Location Quotient of 0.63 suggests a slightly lower concentration compared to the national average, indicating a potentially less saturated market and steady demand for skilled professionals.
2024 Market Data

Salary Overview

$50,140

The average Bill and Account Collectors in Syracuse, NY earns+4.5%above the national average.

BreakdownBased on 40h/week
Hourly

$24.1

Weekly

$964

Monthly

$4,178

Bill and Account Collectors Salary Distribution in Syracuse, NY

Career progression for Bill and Account Collectors in Syracuse typically involves moving from entry-level positions to more senior roles, with corresponding salary increases. The gap between entry-level and senior percentile earnings signifies substantial opportunities for advancement and increased earning potential as experience and expertise are gained.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,740$17.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$37,605$18.1
ManagerOversees team, compliance, and project delivery.50% (Median)$47,660$22.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$62,675$30.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$68,380$32.9

Detailed Bill and Account Collectors Market Analysis

Relocation Context

Nominal Salary

$50,140

Gross Pay

Real Wage (Purchasing Power)

$50,140

Adjusted for COL (100)

The average annual salary of $50,140 in Syracuse aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Bill and Account Collector's salary in Syracuse is equivalent to the national average, offering a stable financial foundation without significant cost-of-living pressures.

Job Market Context

200

Total Jobs

0.678

Per 1K Jobs

0.63

Location Quotient

Below Average

Syracuse, NY has 0.63x 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.

A Location Quotient of 0.63 indicates that Bill and Account Collectors are less concentrated in Syracuse compared to the national average. This suggests that while the role is present, the market may not be oversaturated, potentially leading to more consistent job availability for qualified candidates seeking employment in this sector.

Nearby Job Markets

Nearby Cities for Bill and Account Collectors

CitySalaryDist.
Utica-Rome, NY Bill and Account Collectors Salary$47,070↓ 6%46 mi
Binghamton, NY Bill and Account Collectors Salary$46,860↓ 7%66 mi

Comparing salaries near Syracuse, NY

Hiring Bill and Account Collectorss?

Frequently Asked Questions

How much does a Bill and Account Collectors make in Syracuse, NY?

The median annual salary for a Bill and Account Collectors in Syracuse, NY is $50,140. This typically ranges from $35,740 for entry-level positions to $68,380 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Syracuse, NY is 4.5% higher than the national median of $48,000.

Is Syracuse, NY a lucrative place for Bill and Account Collectorss?

Yes, Syracuse offers a competitive salary for Bill and Account Collectors.The average salary of $50,140 is higher than the national average, and the cost of living is on par with the national average, making it financially advantageous.

Is Syracuse, NY a good place to live for Bill and Account Collectors?

The Cost of Living Index in Syracuse, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Syracuse, NY?

Some top paying nearby cities include Utica-Rome, NY ($47,070) and Binghamton, NY.

How does the Syracuse salary compare to the national average?

The average annual salary for Bill and Account Collectors in Syracuse, NY, is $50,140, which is $2,140 higher than the national average of $48,000.

What is the concentration of Bill and Account Collectors in Syracuse?

Syracuse has a Location Quotient of 0.63, indicating a lower concentration of Bill and Account Collectors compared to the national average.

How does the cost of living in Syracuse affect salary perception?

With a Cost of Living Index of 100, the national average, the $50,140 salary in Syracuse offers purchasing power equivalent to the national average, making it a stable financial environment.

What does the job market look like for Bill and Account Collectors in Syracuse?

The local workforce of 200 and a Location Quotient below 1.0 suggest a stable, non-saturated market with consistent demand for these professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Syracuse, NY area with a job density of 0.678 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Bill and Account Collectors • Data source: BLS OEWS 2024 •Jobs in Syracuse, NY