Average Bill and Account Collectors Salary in Wisconsin
Bill and Account Collectors in Wisconsin earn an average annual salary of $50,110, surpassing the national average of $48,000. This slightly higher compensation in Wisconsin can be attributed to a combination of regional economic factors and the specific demand within the state's financial and service sectors. The state's economic landscape influences the pay scales for specialized roles like debt collection.
Executive Summary
- Average Salary: $50,110 per year.
- Growth Trend: Salaries have shifted 22.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $63,160.
- Outlook: With a local workforce of 2,300 Bill and Account Collectors, Wisconsin presents a stable, albeit not exceptionally concentrated, job market for this profession. The Location Quotient of 0.73 indicates that the concentration of these roles is slightly below the national average, suggesting a steady demand rather than a booming one. The presence of nearly 2,300 professionals in this field points to a consistent need for their services across various industries within the state.
Salary Overview
The average Bill and Account Collectors in Wisconsin earns+4.4%above the national average.
$24.1
$964
$4,176
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data for Bill and Account Collectors in Wisconsin over the last four years is not provided, it's reasonable to assume a general upward trend in salaries, mirroring national economic patterns. Factors such as inflation, evolving collection regulations, and increased demand for financial services likely contribute to salary growth. Professionals in this field can anticipate a gradual increase in earning potential as the market evolves.
Bill and Account Collectors Salary Distribution in Wisconsin
Career progression for Bill and Account Collectors in Wisconsin typically involves a significant salary increase from entry-level to senior positions. While specific percentile data isn't available, experienced collectors often command higher salaries due to their proven ability to manage complex accounts, negotiate effectively, and navigate regulatory landscapes. The gap between entry-level and senior roles signifies substantial opportunities for professional development and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,560 | $17.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,583 | $18.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,650 | $23.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $62,638 | $30.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $63,160 | $30.4 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$50,110
Gross Pay
Real Wage (Purchasing Power)
$54,527
Adjusted for COL (91.9)
The average annual salary of $50,110 in Wisconsin for Bill and Account Collectors is particularly attractive when considering the state's Cost of Living Index of 91.9. This index is below the national average of 100, meaning that the purchasing power of a Wisconsin salary is greater than the national average. Therefore, the $50,110 earned in Wisconsin likely translates to a higher effective income and better quality of life compared to earning the same amount in a higher cost-of-living area.
Job Market Context
2,300
Total Jobs
0.785
Per 1K Jobs
0.73
Location Quotient
Wisconsin has 0.73x 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 0.73 for Bill and Account Collectors in Wisconsin suggests that the profession is less concentrated in the state compared to the national average. This indicates that while the job market is stable with a workforce of 2,300, it may not be as saturated as in other regions. This could translate to a more competitive environment for job seekers, but also potentially better opportunities for those with specialized skills or experience to stand out.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Wausau, WI Bill and Account Collectors Salary | $53,680↑ 7% | 48 mi |
| Oshkosh-Neenah, WI Bill and Account Collectors Salary | $49,710↓ 1% | 55 mi |
| Appleton, WI Bill and Account Collectors Salary | $47,940↓ 4% | 61 mi |
| Green Bay, WI Bill and Account Collectors Salary | $47,620↓ 5% | 82 mi |
Comparing salaries near Wisconsin
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Wisconsin?
The median annual salary for a Bill and Account Collectors in Wisconsin is $50,110. This typically ranges from $36,560 for entry-level positions to $63,160 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wisconsin is 4.4% higher than the national median of $48,000.
Is Wisconsin a lucrative place for Bill and Account Collectorss?
Yes, Wisconsin offers a slightly above-average salary and a lower cost of living for Bill and Account Collectors.The average salary of $50,110 exceeds the national average, and the cost of living index of 91.9 means your earnings will go further in Wisconsin.
Is Wisconsin a good place to live for Bill and Account Collectors?
With a Cost of Living Index of 91.9 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Wisconsin?
Some top paying nearby cities include Wausau, WI ($53,680) and Oshkosh-Neenah, WI.
How does Wisconsin's average salary compare to the national average for Bill and Account Collectors?
Bill and Account Collectors in Wisconsin earn an average of $50,110 annually, which is higher than the national average of $48,000.
What is the concentration of Bill and Account Collectors in Wisconsin compared to the rest of the US?
Wisconsin has a Location Quotient of 0.73 for Bill and Account Collectors, indicating a slightly lower concentration of these professionals than the national average.
Does the cost of living in Wisconsin affect the value of a Bill and Account Collector's salary?
Yes, Wisconsin's Cost of Living Index is 91.9, which is below the national average. This means the $50,110 salary has a higher purchasing power in Wisconsin.
How many Bill and Account Collectors are employed in Wisconsin?
There are approximately 2,300 Bill and Account Collectors employed in Wisconsin.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,300 employees in the Wisconsin area with a job density of 0.785 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 Wisconsin