The annual salary statistics of bill and account collectors in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage statistics of bill and account collectors in Grand Rapids-Wyoming 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 | $29,810 |
| 25th Percentile Wage | $34,240 |
| 50th Percentile Wage | $38,240 |
| 75th Percentile Wage | $48,410 |
| 90th Percentile Wage | $56,930 |
Table 1 shows the average annual salary for bill and account collectors in Grand Rapids-Wyoming, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $56,930. The median (50th percentile) annual salary is $38,240. The average annual salary for the bottom 10 percent earners is $29,810.
The table and chart below show the trend of the median salary of bill and account collectors from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $38,240 | 0.50% | 11.90% |
| 2021 | $38,050 | -1.92% | - |
| 2020 | $38,780 | -5.54% | - |
| 2019 | $40,930 | 7.82% | - |
| 2018 | $37,730 | 5.22% | - |
| 2017 | $35,760 | 3.41% | - |
| 2016 | $34,540 | 0.93% | - |
| 2015 | $34,220 | 1.11% | - |
| 2014 | $33,840 | 6.59% | - |
| 2013 | $31,610 | -6.58% | - |
| 2012 | $33,690 | - | - |
From Table 3 we note that the median annual salary of $38,240 in Grand Rapids-Wyoming is in the middle of salary range for bill and account collectors in state of Michigan. In comparison, the annual salary of bill and account collectors in Grand Rapids-Wyoming is 25.1 percent (25.1%) lower than that in the highest paying Midland and 27.0 percent (27.0%) higher than that in the lowest paying Battle Creek.