The annual salary statistics of bill and account collectors in Mankato-North Mankato, Minnesota is shown in Table 1. The wage statistics of bill and account collectors in Mankato-North Mankato 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 | $33,530 |
| 25th Percentile Wage | $37,870 |
| 50th Percentile Wage | $46,130 |
| 75th Percentile Wage | $54,750 |
| 90th Percentile Wage | $61,050 |
Table 1 shows the average annual salary for bill and account collectors in Mankato-North Mankato, Minnesota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $61,050. The median (50th percentile) annual salary is $46,130. The average annual salary for the bottom 10 percent earners is $33,530.
The table and chart below show the trend of the median salary of bill and account collectors from 2012 to 2016.
| Year | Median Salary | Yearly Growth | 4-Year Growth |
|---|---|---|---|
| 2016 | $46,130 | 17.73% | 20.40% |
| 2015 | $37,950 | 7.56% | - |
| 2014 | $35,080 | 3.85% | - |
| 2013 | $33,730 | -8.86% | - |
| 2012 | $36,720 | - | - |
From Table 3 we note that the median annual salary of $46,130 in Mankato-North Mankato is in the middle of salary range for bill and account collectors in state of Minnesota. In comparison, the annual salary of bill and account collectors in Mankato-North Mankato is 13.4 percent (13.4%) lower than that in the highest paying Northwest Minnesota nonmetropolitan area and 19.5 percent (19.5%) higher than that in the lowest paying St Cloud.
| Cities/Areas | Median Annual Salary |
|---|---|
| Northwest Minnesota nonmetropolitan area | |
| Southeast Minnesota nonmetropolitan area | |
| Northeast Minnesota nonmetropolitan area | |
| Rochester | |
| Southwest Minnesota nonmetropolitan area | |
| Mankato-North Mankato | |
| St Cloud |