Bill and Account Collectors Salary in Philadelphia, PA-NJ-DE-MD

In Philadelphia and the surrounding areas of New Jersey, Delaware, and Maryland, Bill and Account Collectors earn a median annual salary of $47,880, which is slightly higher than the national median of $46,040. The typical hourly wage for this occupation stands at approximately $23.02. When compared to the local median household income of $89,273, it becomes evident that an individual working in this field earns less than half of what a typical household in the area brings in annually. This discrepancy underscores the differences between individual earnings and household incomes, which may include multiple earners or additional sources of income.

Entry-level Bill and Account Collectors typically earn closer to the 10th percentile at $36,670 annually, while those with experience can reach the 75th percentile earning around $57,480 per year. The 90th percentile mark sits at approximately $66,710, reflecting a substantial increase for top earners in this occupation. The difference between entry-level and experienced workers' earnings is largely driven by factors such as tenure, skill proficiency, negotiation ability, and performance metrics. As collectors gain more experience and develop better techniques for managing accounts and negotiating settlements, their value to employers increases, leading to higher compensation levels within the field.