SalaryNode

Average Bill and Account Collectors Salary in Urban Honolulu, HI

Bill and Account Collectors in Urban Honolulu, HI earn an average annual salary of $51,800, surpassing the national average of $48,000. This localized premium is often influenced by the unique economic factors and operational costs inherent to island economies, necessitating higher compensation to attract and retain skilled professionals in this vital role.

Executive Summary

  • Average Salary: $51,800 per year.
  • Growth Trend: Salaries have shifted 24.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $64,300.
  • Outlook: The job market for Bill and Account Collectors in Urban Honolulu, HI, while not exceptionally concentrated with a Location Quotient of 0.46, supports a local workforce of 220 individuals. This indicates a stable, albeit niche, demand for these services within the region, suggesting consistent employment opportunities for those in the field.
2024 Market Data

Salary Overview

$51,800

The average Bill and Account Collectors in Urban Honolulu, HI earns+7.9%above the national average.

BreakdownBased on 40h/week
Hourly

$24.9

Weekly

$996

Monthly

$4,317

Bill and Account Collectors Salary Distribution in Urban Honolulu, HI

Career progression for Bill and Account Collectors typically involves moving from entry-level positions to senior or specialized roles, with corresponding salary increases. The gap between the lowest and highest percentile earnings signifies the potential for substantial income growth as experience, expertise, and responsibility increase within the profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,930$18.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$38,850$18.7
ManagerOversees team, compliance, and project delivery.50% (Median)$53,610$25.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$64,750$31.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$64,300$30.9

Detailed Bill and Account Collectors Market Analysis

Relocation Context

Nominal Salary

$51,800

Gross Pay

Real Wage (Purchasing Power)

$51,800

Adjusted for COL (100)

With an average annual salary of $51,800 and a Cost of Living Index matching the national average of 100, the purchasing power for Bill and Account Collectors in Urban Honolulu, HI, is on par with the rest of the country. This means that the nominal salary translates directly to comparable living expenses, offering financial stability without significant strain.

Job Market Context

220

Total Jobs

0.49

Per 1K Jobs

0.46

Location Quotient

Low Concentration

At 0.46x, Urban Honolulu, HI has a notably lower concentration of Bill and Account Collectors jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The Location Quotient of 0.46 for Bill and Account Collectors in Urban Honolulu, HI, indicates that this profession is less concentrated locally compared to the national average. This suggests a potentially less competitive market for employers seeking talent, but also implies that the demand might be more specialized or less robust than in areas with higher concentration.

Nearby Job Markets

Hiring Bill and Account Collectorss?

Frequently Asked Questions

How much does a Bill and Account Collectors make in Urban Honolulu, HI?

The median annual salary for a Bill and Account Collectors in Urban Honolulu, HI is $51,800. This typically ranges from $38,930 for entry-level positions to $64,300 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Urban Honolulu, HI is 7.9% higher than the national median of $48,000.

Is Urban Honolulu, HI a lucrative place for Bill and Account Collectors?

Yes, it offers a competitive salary.Bill and Account Collectors in Urban Honolulu earn above the national average, and the cost of living is at the national average, making it financially comparable to other regions.

Is Urban Honolulu, HI a good place to live for Bill and Account Collectors?

The Cost of Living Index in Urban Honolulu, HI is 100. While higher than average, this often correlates with higher wages.

How does the local workforce size affect job prospects?

A local workforce of 220 suggests a stable, established presence for Bill and Account Collectors, indicating consistent opportunities rather than rapid expansion.

What does a Location Quotient of 0.46 mean?

A Location Quotient below 1.0, like 0.46, signifies that Bill and Account Collectors are less prevalent in Urban Honolulu compared to the national average, potentially indicating a less saturated job market.

How does experience impact salary for Bill and Account Collectors in Urban Honolulu?

Experienced Bill and Account Collectors can expect significantly higher salaries than entry-level professionals, reflecting increased responsibility and proven collection capabilities.

Is the cost of living a factor for Bill and Account Collectors in Urban Honolulu?

The cost of living in Urban Honolulu is exactly at the national average, meaning the $51,800 salary provides a standard level of purchasing power comparable to the national median.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Urban Honolulu, HI area with a job density of 0.49 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 Urban Honolulu, HI