Average Bill and Account Collectors Salary in Washington
Bill and Account Collectors in Washington earn an average annual salary of $50,400, surpassing the national average of $48,000. This higher compensation reflects the state's unique economic landscape and potentially higher operational costs for businesses operating within its borders, influencing the pay scales for specialized roles like debt collection.
Executive Summary
- Average Salary: $50,400 per year.
- Growth Trend: Salaries have shifted 8.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $68,210.
- Outlook: With a local workforce of 3,020 Bill and Account Collectors, Washington presents a moderately sized employment pool for this profession. The Location Quotient of 0.8 suggests that the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally high demand relative to other occupations within the state.
Salary Overview
The average Bill and Account Collectors in Washington earns+5.0%above the national average.
$24.2
$969
$4,200
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Bill and Account Collectors in Washington have experienced steady growth over the past four years, mirroring broader economic trends and inflation adjustments. This upward trajectory is typical for roles that require specialized skills and are integral to business operations.
Bill and Account Collectors Salary Distribution in Washington
Career progression for Bill and Account Collectors in Washington typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with proven track records in complex collections or management roles can command salaries well above the average, with percentile gaps clearly signifying this advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,270 | $17.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,800 | $18.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,940 | $22.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $63,000 | $30.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $68,210 | $32.8 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$50,400
Gross Pay
Real Wage (Purchasing Power)
$43,788
Adjusted for COL (115.1)
The average annual salary of $50,400 in Washington needs to be considered alongside its Cost of Living Index of 115.1. This index, which is 15.1% higher than the national average, means that while the nominal salary is higher, the purchasing power of that income is somewhat diminished by the increased cost of goods and services in the state.
Job Market Context
3,020
Total Jobs
0.854
Per 1K Jobs
0.8
Location Quotient
Washington has 0.80x 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 0.8 for Bill and Account Collectors in Washington indicates that this profession is slightly less concentrated than the national average. This suggests that while the job market is present and stable, it may not be as saturated as in other regions, potentially offering a balanced environment for job seekers and employers.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Seattle-Tacoma-Bellevue, WA Bill and Account Collectors Salary | $50,980↑ 1% | 42 mi |
| Bremerton-Silverdale-Port Orchard, WA Bill and Account Collectors Salary | $52,390↑ 4% | 58 mi |
| Olympia-Lacey-Tumwater, WA Bill and Account Collectors Salary | $51,640↑ 2% | 70 mi |
| Yakima, WA Bill and Account Collectors Salary | $46,460↓ 8% | 71 mi |
Comparing salaries near Washington
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Washington?
The median annual salary for a Bill and Account Collectors in Washington is $50,400. This typically ranges from $37,270 for entry-level positions to $68,210 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Washington is 5.0% higher than the national median of $48,000.
Is Washington a lucrative place for Bill and Account Collectorss?
Yes, with caveats.Washington offers a higher average salary than the national benchmark for Bill and Account Collectors. However, the elevated cost of living in the state moderates the overall financial advantage.
Is Washington a good place to live for Bill and Account Collectors?
The Cost of Living Index in Washington is 115.1. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Washington?
Some top paying nearby cities include Seattle-Tacoma-Bellevue, WA ($50,980) and Bremerton-Silverdale-Port Orchard, WA.
How does Washington's average salary for Bill and Account Collectors compare to the national average?
The average annual salary for Bill and Account Collectors in Washington is $50,400, which is $2,400 higher than the national average of $48,000.
What is the concentration of Bill and Account Collectors in Washington compared to the rest of the US?
Washington has a Location Quotient of 0.8 for Bill and Account Collectors, meaning the profession is slightly less concentrated in the state compared to the national average.
How does the cost of living in Washington affect the salary of a Bill and Account Collector?
With a Cost of Living Index of 115.1, Washington is more expensive than the national average. This means the $50,400 salary has less purchasing power than it would in a location with a lower cost of living.
What is the total number of Bill and Account Collectors employed in Washington?
There are approximately 3,020 Bill and Account Collectors employed in Washington state.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,020 employees in the Washington area with a job density of 0.854 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 Washington