Average Bill and Account Collectors Salary in Tulsa, OK
In Tulsa, OK, Bill and Account Collectors can expect an average annual salary of $42,320. This figure falls below the national average of $48,000, suggesting that local market dynamics and potentially lower cost of living factors influence compensation for this role within the state.
Executive Summary
- Average Salary: $42,320 per year.
- Growth Trend: Salaries have shifted 1.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,820.
- Outlook: With a local workforce of approximately 700 Bill and Account Collectors, Tulsa presents a moderately sized employment pool. The Location Quotient of 1.44 indicates a higher concentration of these professionals compared to the national average, suggesting a stable, albeit not rapidly expanding, demand for their services within the region.
Salary Overview
The average Bill and Account Collectors in Tulsa, OK earns-11.8%below the national average.
$20.4
$814
$3,527
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Bill and Account Collectors in Tulsa have seen gradual growth over the past four years, mirroring general economic trends and inflation adjustments. This consistent, albeit modest, upward trajectory is typical for established roles within stable local economies.
Bill and Account Collectors Salary Distribution in Tulsa, OK
The salary range for Bill and Account Collectors in Tulsa typically widens with experience. Entry-level positions may start closer to the lower end of the spectrum, while seasoned professionals with proven track records in collections and account management can command significantly higher salaries, reflecting their increased value and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,960 | $14.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,740 | $15.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $40,240 | $19.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,900 | $25.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $61,820 | $29.7 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$42,320
Gross Pay
Real Wage (Purchasing Power)
$42,320
Adjusted for COL (100)
The average annual salary of $42,320 in Tulsa 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 Tulsa is equivalent to the national average, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective.
Job Market Context
700
Total Jobs
1.539
Per 1K Jobs
1.44
Location Quotient
With a location quotient of 1.44, Tulsa, OK has a slightly higher-than-average concentration of Bill and Account Collectors roles compared to the national norm.
A Location Quotient of 1.44 signifies that Tulsa has a notably higher concentration of Bill and Account Collectors than the national average. This suggests a robust local market for this profession, potentially offering more job opportunities and a competitive environment for both employers and job seekers.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Southeast Oklahoma nonmetropolitan area Bill and Account Collectors Salary | $45,730↑ 8% | 69 mi |
| Northeast Oklahoma nonmetropolitan area Bill and Account Collectors Salary | $49,280↑ 16% | 69 mi |
| Northwest Oklahoma nonmetropolitan area Bill and Account Collectors Salary | $46,300↑ 9% | 69 mi |
| Fayetteville-Springdale-Rogers, AR Bill and Account Collectors Salary | $39,230↓ 7% | 97 mi |
Comparing salaries near Tulsa, OK
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Tulsa, OK?
The median annual salary for a Bill and Account Collectors in Tulsa, OK is $42,320. This typically ranges from $29,960 for entry-level positions to $61,820 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Tulsa, OK is 11.8% lower than the national median of $48,000.
Is Tulsa, OK a lucrative place for Bill and Account Collectorss?
No, not more lucrative than the national average.While the cost of living is on par with the national average, the average salary for Bill and Account Collectors in Tulsa is below the national average. This indicates that while your money may go as far, the overall earning potential is less competitive.
Is Tulsa, OK a good place to live for Bill and Account Collectors?
The Cost of Living Index in Tulsa, OK is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Tulsa, OK?
Some top paying nearby cities include Southeast Oklahoma nonmetropolitan area ($45,730) and Northeast Oklahoma nonmetropolitan area.
How does the number of Bill and Account Collectors in Tulsa compare nationally?
Tulsa has approximately 1.539 Bill and Account Collectors per 1,000 workers, which is higher than the national average, indicating a greater presence of this profession in the local job market.
What is the significance of Tulsa's Location Quotient for Bill and Account Collectors?
A Location Quotient of 1.44 means that Bill and Account Collectors are 44% more concentrated in Tulsa than in the average U.S. location, suggesting a specialized demand for these roles within the city.
Does experience impact salary for Bill and Account Collectors in Tulsa?
Yes, like most professions, experience plays a crucial role. Senior Bill and Account Collectors with extensive experience and a strong performance record typically earn higher salaries than entry-level collectors.
How does Tulsa's cost of living affect the Bill and Account Collector salary?
With a Cost of Living Index of 100, Tulsa's cost of living is exactly average. This means the $42,320 salary has the same purchasing power as the national average salary, making it neither a high-cost nor low-cost area relative to national benchmarks.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 700 employees in the Tulsa, OK area with a job density of 1.539 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 Tulsa, OK