Bill and Account Collectors Salary
In Iowa, bill and account collectors earn $46,000 at the median, or about $22.12 an hour. The range runs from $35K at the entry level to $75K for experienced workers. Cost of living is below average (RPP 88.86), which stretches that salary to about $51,767 in buying power. A 2-bedroom apartment runs $1,064/month, about 33.9% of take-home, which is tight.
Statewide average. Salary and cost of living vary significantly across Iowa. Jump to a metro for precise data:
So what does $46K get you in Iowa?
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What this looks like in Iowa
Bill and account collectors pay in Iowa tracks closely to the national median, $46K locally vs. $47K nationwide, a 2% difference. Rent runs $1,064/month for a 2-bedroom (HUD FMR), taking 34.7% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 88.86 (national = 100), meaning everyday costs run about 11% cheaper here. Your dollar stretches further than the headline salary suggests. Pay and costs are both near average, leaving limited margin for savings at the median wage.
Compensation breakdown
Annual earnings by percentile, Iowa
Entry-level bill and account collectors (10th percentile) start around $35K. Mid-career wages sit at $46K. Top earners bring in $75K or more, a $39K spread from bottom to top.
Bill and Account Collectors salary by metro in Iowa
5 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Des Moines-West Des Moines | $52K | +12% | 310 |
| Cedar Rapids | $50K | +9% | 80 |
| Sioux City | $49K | +7% | 130 |
| Davenport-Moline-Rock Island | $41K | -10% | 90 |
| Waterloo-Cedar Falls | $38K | -18% | 170 |
Compare to other states
Track bill and account collectors salary changes
BLS updates this data quarterly. We'll email you when Iowa numbers change.
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Frequently asked questions
Can a bill and account collector afford a 2BR apartment alone in Iowa?
It’s a stretch — at the median salary of $46K, rent takes 34.7% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,064/month. The 30% guideline puts the comfortable ceiling at roughly $900/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for bill and account collectors in Iowa?
The 10th-percentile wage — what new bill and account collectors typically earn — is $35K/year. Take-home on that works out to about $2,121/month. At HUD’s $1,064/month FMR, rent would take 50% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is bill and account collector a high-paying job in Iowa?
Pay here is roughly in line with the national average — $46K locally vs. $47K nationally, a 2% difference.
How does Iowa compare to the national average for bill and account collectors?
Iowa pays $46K median vs. the U.S. average of $47K — that’s -2%. After adjusting for local cost of living (RPP 88.86), the purchasing-power equivalent is $52K — still ahead of the national median.
How much do bill and account collectors make in Iowa?
The median is $46,000 a year, that works out to about $22 an hour. But the range is wide: entry-level workers start around $35,350, and experienced bill and account collectors can clear $74,560. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $46K enough to live in Iowa?
On that salary, you'd take home roughly $3,067/month after taxes. A 2-bedroom here rents for about $1,064/month, which eats 34.7% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a bill and account collectors salary go in Iowa?
Iowa has a Regional Price Parity of 88.86 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median bill and account collectors salary is worth about $51,767 in national-average purchasing power.
Where do bill and account collectors get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.