The annual salary statistics of bill and account collectors in Waterloo-Cedar Falls, Iowa is shown in Table 1. The wage data of bill and account collectors in Waterloo-Cedar Falls is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $26,040 |
| 25th Percentile Wage | $29,490 |
| 50th Percentile Wage | $35,130 |
| 75th Percentile Wage | $40,620 |
| 90th Percentile Wage | $54,120 |
Table 1 shows the average annual salary for bill and account collectors in Waterloo-Cedar Falls, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $54,120. The median (50th percentile) annual salary is $35,130. The average annual salary for the bottom 10 percent earners is $26,040.
The table and chart below show the trend of the median salary of bill and account collectors from 2012 to 2020.
| Year | Median Salary | Yearly Growth | 8-Year Growth |
|---|---|---|---|
| 2020 | $35,130 | 12.01% | 23.97% |
| 2019 | $30,910 | 10.32% | - |
| 2016 | $27,720 | -3.21% | - |
| 2015 | $28,610 | -10.63% | - |
| 2014 | $31,650 | 13.65% | - |
| 2013 | $27,330 | 2.27% | - |
| 2012 | $26,710 | - | - |
From Table 3 we note that the median annual salary of $35,130 in Waterloo-Cedar Falls is in the middle of salary range for bill and account collectors in state of Iowa. In comparison, the annual salary of bill and account collectors in Waterloo-Cedar Falls is 29.7 percent (29.7%) lower than that in the highest paying Des Moines-West Des Moines and 15.1 percent (15.1%) higher than that in the lowest paying Dubuque.
| Cities/Areas | Median Annual Salary |
|---|---|
| Des Moines-West Des Moines | |
| Iowa City | |
| Cedar Rapids | |
| Davenport-Moline-Rock Island | |
| Northeast Iowa nonmetropolitan area | |
| Waterloo-Cedar Falls | |
| Northwest Iowa nonmetropolitan area | |
| Southwest Iowa nonmetropolitan area | |
| Southeast Iowa nonmetropolitan area | |
| Dubuque |