Average Bill and Account Collector Salary in United States for 2024

In this article, we will look at the average Bill and Account Collector salary for 2024 in United States and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does a Bill and Account Collector Make in United States?

A Bill and Account Collector working in United States will typically earn around 36,500 USD per year, and this can range from the lowest average salary of about 19,300 USD to the highest average salary of 58,700 USD.

Average Annual Salary
36,500 USD
Average Monthly Salary
3,041 USD

Lowest Annual Salary
19,300 USD
Lowest Monthly Salary
1,608 USD

Highest Annual Salary
58,700 USD
Highest Monthly Salary
4,891 USD

These are average salaries for a Bill and Account Collector in United States and include benefits such as housing and transport. It's also possible for a Bill and Account Collector to earn more or less than the average salaries shown above.

Bill and Account Collector salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Bill and Account Collector Salaries in United States

So we've looked at the average salaries a Bill and Account Collector will earn in United States. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Bill and Account Collector can earn between 19,300 USD and 58,700 USD on average in United States. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Bill and Account Collector in United States is 34,700 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 34,700 USD, and 50% of the population earn more than 34,700 USD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Bill and Account Collector salary in United States, 25% of the population are earning less than 23,600 USD while 75% of the population earn more than 23,600 USD.

75% of the population earn less than 41,500 USD, and 25% of the population earn more than 41,500 USD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Bill and Account Collector Salary by Experience Level in United States

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average bill and account collector salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Bill and Account Collector in United States that has less than two years of experience can expect to earn somewhere in the region of 22,400 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Bill and Account Collector salary would increase to 30,800 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Bill and Account Collector, the average salary would be 38,000 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 46,200 USD.
  • 15 - 20 Years Experience. A Bill and Account Collector with 15 to 20 years of experience can earn an average of 51,300 USD.
  • 20+ Years Experience. For a Bill and Account Collector with more than 20 years, the expected average salary increases to 54,700 USD.

Average Salary by Experience Chart

0-2 Years
22,400 USD
2-5 Years +26%
30,800 USD
5-10 Years +32%
38,000 USD
10-15 Years +18%
46,200 USD
15-20 Years +11%
51,300 USD
20+ Years +6%
54,700 USD

Bill and Account Collector Salary by Education Level in United States

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Bill and Account Collector in United States based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Bill and Account Collector in United States with a high school education can earn an average salary of 30,800 USD.

  • Certificate or Diploma. A Bill and Account Collector in United States with a certificate or diploma education can earn an average salary of 42,400 USD.

  • Bachelor's Degree. A Bill and Account Collector in United States with a bachelor's degree education can earn an average salary of 54,600 USD.

Average Salary by Education Chart

High School
30,800 USD
Certificate or Diploma +37%
42,400 USD
Bachelor's Degree +29%
54,600 USD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in United States is around 39,500 to 118,000 USD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Bill and Account Collector Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In United States, a male bill and account collector will earn an average of 39,800 USD, while a female bill and account collector will earn around 35,600 USD.

This means that a male bill and account collector earns approximately 12% more than a female bill and account collector for performing the same job.

Average Salary by Gender Chart in United States

Male
39,800 USD
Female -12%
35,600 USD

Bill and Account Collector Average Pay Raise in United States

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Bill and Account Collector in United States is around 11% every 14 months.

The national average pay raise across all professions and industries in United States is around 8% every 16 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 11 ÷ 14 ) × 12  = 9%

What this means is that a Bill and Account Collector in United States can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in United States for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in United States.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Bill and Account Collector Bonus and Incentive Rates in United States

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Bill and Account Collector is a low bonus based job, with 26% of employees reporting at least one bonus in the last 12 months.

74% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 1% to 2%.

Received Bonus
26%
No Bonus
74%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in United States earn approximately 6% more than private sector employees in the same role.

Public Sector
98,800 USD
Private Sector -6%
93,100 USD

Salaries for Jobs Similar to a Bill and Account Collector

In the table below, we have salary information for jobs that are similar to a Bill and Account Collector in United States.

Job Title Category Salary
AML Analyst Banking 148,300 USD
Assistant Bank Branch Manager Banking 127,700 USD
Assistant Bank Manager Banking 169,700 USD
ATM Manager Banking 146,900 USD
ATM Service Technician Banking 36,200 USD
Bank Accounts Analyst Banking 52,300 USD
Bank Accounts Collector Banking 33,500 USD
Bank Accounts Controller Banking 72,300 USD
Bank Accounts Executive Banking 102,700 USD
Bank Accounts Manager Banking 123,000 USD
Bank Auditing Manager Banking 127,700 USD
Bank Branch Manager Banking 165,900 USD
Bank Branch Operations Coordinator Banking 74,500 USD
Bank Clerk Banking 33,200 USD
Bank Client Service Associate Banking 46,900 USD
Bank Collector Banking 35,600 USD
Bank Compliance Specialist Banking 89,400 USD
Bank Manager Banking 192,600 USD
Bank Operational Risk Manager Banking 205,700 USD
Bank Operations Head Banking 205,700 USD
Bank Operations Officer Banking 82,200 USD
Bank Operations Specialist Banking 124,500 USD
Bank Process Manager Banking 118,900 USD
Bank Product Manager Banking 134,100 USD
Bank Programme Manager Banking 138,700 USD
Bank Project Manager Banking 158,700 USD
Bank Propositions Manager Banking 139,100 USD
Bank Quantitative Analyst Banking 107,300 USD
Bank Regional Manager Banking 218,100 USD
Bank Regional Risk Officer Banking 109,700 USD
Bank Relationship Manager Banking 151,800 USD
Bank Relationship Officer Banking 73,200 USD
Bank Teller Banking 36,400 USD
Banker Banking 74,100 USD
Banking Business Analyst Banking 107,700 USD
Banking Business Development Officer Banking 63,400 USD
Banking Business Planning Executive Banking 156,200 USD
Banking Product Manager Banking 134,100 USD
Banking Reference Data Manager Banking 121,800 USD
Banking Risk Analyst Banking 105,800 USD
Banking Technical Analyst Banking 53,800 USD
Bankruptcy Coordinator Banking 77,400 USD
Budget Analyst Banking 107,700 USD
Capital Risk Manager Banking 193,200 USD
Cards Marketing Manager Banking 128,200 USD
Cash Management Manager Banking 185,900 USD
Check Processing Manager Banking 140,200 USD
Commercial Vault Associate Banking 97,300 USD
Corporate Banker Banking 78,200 USD
Corporate Dealer Banking 112,700 USD
Credit Analyst Banking 83,300 USD
Credit and Collections Manager Banking 137,100 USD
Credit Card Fraud Investigator Banking 107,700 USD
Credit Portfolio Manager Banking 197,600 USD
Credit Risk Analyst Banking 124,500 USD
Credit Risk Associate Banking 108,200 USD
Direct Bank Sales Representative Banking 75,400 USD
Exchange Control Consultant Banking 108,200 USD
Executive Account Analyst Banking 105,200 USD
Financial Bank Planning Consultant Banking 140,700 USD
Financial Banking Analysis Manager Banking 151,800 USD
Financial Banking Assistant Banking 49,100 USD
Financial Banking Systems Manager Banking 146,900 USD
Foreign Exchange Manager Banking 148,300 USD
Fraud Analyst Banking 114,300 USD
Fraud Detection Associate Banking 74,600 USD
Fraud Detection Manager Banking 169,700 USD
Fraud Detection Supervisor Banking 93,800 USD
Internal Bank Audit Manager Banking 185,900 USD
Internal Bank Auditor Banking 103,600 USD
Internal Private Banker Banking 78,900 USD
International Banking Manager Banking 222,300 USD
Investment Banking Analyst Banking 152,700 USD
Loan Analyst Banking 109,000 USD
Loan Area Manager Banking 130,500 USD
Loan Audit Team Leader Banking 119,700 USD
Loan Branch Manager Banking 124,500 USD
Loan Business Development Officer Banking 63,200 USD
Loan Clerk Banking 36,800 USD
Loan Collection and Recovery Manager Banking 132,000 USD
Loan Collection Manager Banking 130,500 USD
Loan Collector Banking 34,000 USD
Loan Examiner Banking 46,000 USD
Loan Officer Banking 39,300 USD
Loan Processing Manager Banking 117,100 USD
Loan Processor Banking 45,600 USD
Loan Quality Assurance Auditor Banking 107,300 USD
Loan Quality Assurance Manager Banking 121,800 USD
Loan Quality Assurance Representative Banking 77,000 USD
Loan Review Manager Banking 115,600 USD
Loan Team Leader Banking 109,000 USD
Loans Manager Banking 137,100 USD
Mortgage Advisor Banking 74,300 USD
Mortgage Collection Manager Banking 119,700 USD
Mortgage Collector Banking 33,000 USD
Mortgage Credit Analyst Banking 57,800 USD
Mortgage Credit Manager Banking 114,600 USD
Mortgage Development Manager Banking 132,000 USD
Mortgage Document Reviewer Banking 45,900 USD
Mortgage Funding Manager Banking 140,200 USD
Mortgage Operations Manager Banking 180,500 USD
Mortgage Payment Processing Clerk Banking 39,700 USD
Mortgage Processing Manager Banking 115,600 USD
Mortgage Processor Banking 48,600 USD
Mortgage Quality Assurance Auditor Banking 109,700 USD
Mortgage Quality Assurance Manager Banking 114,300 USD
Mortgage Servicing Clerk Banking 39,500 USD
Mortgage Servicing Manager Banking 112,700 USD
Mortgage Underwriter Banking 45,600 USD
Online Banking Manager Banking 175,200 USD
Payment Processing Clerk Banking 35,400 USD
Personal Banker Banking 73,700 USD
Personal Banking Advisor Banking 77,100 USD
Phone Banker Banking 50,800 USD
Private Banker Banking 78,500 USD
Reconciliation and Investigation Specialist Banking 84,800 USD
Tax Officer Banking 62,600 USD
Teller Banking 34,900 USD
Trade Officer Banking 45,200 USD
Trade Product Manager Banking 130,500 USD
Trader Banking 49,200 USD
Treasury Operations Officer Banking 92,100 USD

Salary Comparison by City

If you want to compare salaries with different cities in United States, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Atlanta 34,000 USD
Austin 43,500 USD
Baltimore 35,500 USD
Boston 35,400 USD
Bristol 30,800 USD
Chicago 40,600 USD
Cincinnati 29,600 USD
Cleveland 33,000 USD
Dallas 43,500 USD
Denver 39,500 USD
Detroit 37,100 USD
Honolulu 30,300 USD
Houston 40,300 USD
Indianapolis 39,400 USD
Iowa City 31,800 USD
Jacksonville 39,100 USD
Kansas City 33,800 USD
Kent 32,900 USD
Las Vegas 37,100 USD
Long Beach 36,600 USD
Los Angeles 46,400 USD
Memphis 36,800 USD
Miami 35,300 USD
Minneapolis 32,300 USD
New Orleans 35,400 USD
New York 43,100 USD
Oakland 36,500 USD
Oklahoma City 36,700 USD
Orlando 30,300 USD
Philadelphia 44,900 USD
Phoenix 43,400 USD
Sacramento 35,500 USD
San Antonio 41,400 USD
San Diego 42,000 USD
San Francisco 42,600 USD
San Jose 40,200 USD
Seattle 39,700 USD
Tampa 32,600 USD
Vancouver 31,700 USD
Washington D.C. 40,300 USD

Salary Comparison by State

The table below includes links to the average salary for each state in United States.

City Average Salary
Alabama 35,400 USD
Alaska 34,000 USD
Arizona 39,700 USD
Arkansas 33,300 USD
California 41,000 USD
Colorado 38,000 USD
Connecticut 36,800 USD
Delaware 34,000 USD
District of Columbia 33,500 USD
Florida 44,800 USD
Georgia 40,000 USD
Hawaii 35,300 USD
Idaho 35,300 USD
Illinois 40,000 USD
Indiana 40,500 USD
Iowa 36,800 USD
Kansas 36,500 USD
Kentucky 37,100 USD
Louisiana 36,700 USD
Maine 35,300 USD
Maryland 39,500 USD
Massachusetts 40,500 USD
Michigan 40,300 USD
Minnesota 36,800 USD
Mississippi 35,500 USD
Missouri 40,900 USD
Montana 36,500 USD
Nebraska 35,100 USD
Nevada 36,400 USD
New Hampshire 35,300 USD
New Jersey 39,100 USD
New Mexico 35,500 USD
New York 43,500 USD
North Carolina 39,100 USD
North Dakota 32,300 USD
Ohio 40,300 USD
Oklahoma 40,500 USD
Oregon 36,400 USD
Pennsylvania 40,300 USD
Rhode Island 34,700 USD
South Carolina 37,100 USD
South Dakota 33,500 USD
Tennessee 39,500 USD
Texas 41,700 USD
Utah 33,300 USD
Vermont 33,500 USD
Virginia 40,300 USD
Washington 40,500 USD
West Virginia 35,500 USD
Wisconsin 41,100 USD
Wyoming 31,800 USD

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