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Average Bill and Account Collectors Salary in West Northwestern Ohio nonmetropolitan area

In the West Northwestern Ohio nonmetropolitan area, Bill and Account Collectors earn an average annual salary of $44,620. This figure is slightly below the national average of $48,000, a common trend in nonmetropolitan regions where the cost of living and demand dynamics can influence compensation levels. Local economic factors and the specific industry mix within this region contribute to this pay differential.

Executive Summary

  • Average Salary: $44,620 per year.
  • Growth Trend: Salaries have shifted 21.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,700.
  • Outlook: With a total local workforce of 210 Bill and Account Collectors, the job market in West Northwestern Ohio is relatively stable. The location quotient of 0.77 suggests a slightly lower concentration of these roles compared to the national average, indicating a moderate but not saturated demand for this profession within the region.
2024 Market Data

Salary Overview

$44,620

The average Bill and Account Collectors in West Northwestern Ohio nonmetropolitan area earns-7.0%below the national average.

BreakdownBased on 40h/week
Hourly

$21.5

Weekly

$858

Monthly

$3,718

Bill and Account Collectors Salary Distribution in West Northwestern Ohio nonmetropolitan area

Career progression for Bill and Account Collectors typically involves gaining experience and demonstrating proficiency in collection strategies and compliance. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with a proven track record and specialized skills can command salaries significantly higher than the average, reflecting their increased value and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,010$14.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$33,465$16.1
ManagerOversees team, compliance, and project delivery.50% (Median)$41,370$19.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$55,775$26.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$59,700$28.7

Detailed Bill and Account Collectors Market Analysis

Relocation Context

Nominal Salary

$44,620

Gross Pay

Real Wage (Purchasing Power)

$44,620

Adjusted for COL (100)

The average annual salary of $44,620 in West Northwestern Ohio 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 this region is equivalent to the national average, offering a stable financial footing without the premium often associated with higher cost-of-living areas.

Job Market Context

210

Total Jobs

0.828

Per 1K Jobs

0.77

Location Quotient

Below Average

West Northwestern Ohio nonmetropolitan area 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.

The location quotient of 0.77 for Bill and Account Collectors in West Northwestern Ohio indicates that the profession is present but not disproportionately concentrated compared to the rest of the United States. This suggests a balanced job market where opportunities exist, but the competition might be less intense than in areas with a higher concentration of these roles.

Nearby Job Markets

Nearby Cities for Bill and Account Collectors

Comparing salaries near West Northwestern Ohio nonmetropolitan area

Hiring Bill and Account Collectorss?

Frequently Asked Questions

How much does a Bill and Account Collectors make in West Northwestern Ohio nonmetropolitan area?

The median annual salary for a Bill and Account Collectors in West Northwestern Ohio nonmetropolitan area is $44,620. This typically ranges from $30,010 for entry-level positions to $59,700 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in West Northwestern Ohio nonmetropolitan area is 7.0% lower than the national median of $48,000.

Is West Northwestern Ohio nonmetropolitan area a lucrative place for Bill and Account Collectors?

No, not exceptionally lucrative compared to national averages.While the salary is stable and aligns with the local cost of living, the average annual wage of $44,620 is below the national average of $48,000. The location quotient also suggests a lower concentration of these roles.

Is West Northwestern Ohio nonmetropolitan area a good place to live for Bill and Account Collectors?

The Cost of Living Index in West Northwestern Ohio nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near West Northwestern Ohio nonmetropolitan area?

Some top paying nearby cities include Mansfield, OH ($37,510) and Columbus, OH.

What is the average salary for a Bill and Account Collector in West Northwestern Ohio?

The average annual salary for a Bill and Account Collector in the West Northwestern Ohio nonmetropolitan area is $44,620.

How does the salary compare to the national average?

The average salary in West Northwestern Ohio ($44,620) is slightly lower than the national average of $48,000.

What does the location quotient of 0.77 mean?

A location quotient of 0.77 means that Bill and Account Collectors are slightly less concentrated in West Northwestern Ohio compared to the national average. This suggests a moderate level of demand.

How does the cost of living affect the salary?

The cost of living in West Northwestern Ohio is at the national average (100), meaning the $44,620 salary offers purchasing power equivalent to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the West Northwestern Ohio nonmetropolitan area area with a job density of 0.828 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.