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Average Bill and Account Collectors Salary in Traverse City, MI

The average salary for Bill and Account Collectorss in Traverse City, MI is $42,780. While this is lower than the national average, the cost of living in Traverse City, MI may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $42,780 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $51,750.
  • Outlook: The current demand for Bill and Account Collectorss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Traverse City, MI economy.
2024 Market Data

Salary Overview

$42,780

The average Bill and Account Collectors in Traverse City, MI earns-10.9%below the national average.

BreakdownBased on 40h/week
Hourly

$20.6

Weekly

$823

Monthly

$3,565

Bill and Account Collectors Salary Distribution in Traverse City, MI

The earning potential for Bill and Account Collectorss in Traverse City, MI 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 $34,230, while highly experienced professionals can command wages upwards of $51,750.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$34,230$16.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$32,085$15.4
ManagerOversees team, compliance, and project delivery.50% (Median)$38,160$18.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$53,475$25.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$51,750$24.9

Detailed Bill and Account Collectors Market Analysis

Relocation Context

Nominal Salary

$42,780

Gross Pay

Real Wage (Purchasing Power)

$42,780

Adjusted for COL (100)

In Traverse City, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $42,780 to $42,780.

Job Market Context

60

Total Jobs

0.826

Per 1K Jobs

0.77

Location Quotient

Below Average

Traverse City, MI has 0.77x 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.

60 people work as Bill and Account Collectors in Traverse City, MI.

Only 0.826 out of every 1,000 local jobs are Bill and Account Collectors roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Bill and Account Collectorss?

Frequently Asked Questions

How much does a Bill and Account Collectors make in Traverse City, MI?

The median annual salary for a Bill and Account Collectors in Traverse City, MI is $42,780. This typically ranges from $34,230 for entry-level positions to $51,750 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Traverse City, MI is 10.9% lower than the national median of $48,000.

Is Traverse City, MI a good place for Bill and Account Collectorss?

It depends on your priorities. While the average Bill and Account Collectors salary in Traverse City, MI is $42,780 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Traverse City, MI. See distinct detailed breakdown below.

Is Traverse City, MI a good place to live for Bill and Account Collectors?

The Cost of Living Index in Traverse City, MI is 100. While higher than average, this often correlates with higher wages.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Traverse City, MI area with a job density of 0.826 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.