Skip to Main Content

Collections Specialist Salary

National Average
$20,000 $36,694 /year $53,000
$18 /hour
National Average
$1,667 $3,057 /month $4,417
$18 /hour
National Average
$385 $705 /week $1,019
$18 /hour
National Average
$9.62 $18 /hour $25.48
Annual Salary Monthly Pay Weekly Pay Hourly Wage
Top Earners $49,500 $4,125 $951 $24
75th Percentile $41,500 $3,458 $798 $20
Average $36,694 $3,057 $705 $18
25th Percentile $30,000 $2,500 $576 $14
Collections Specialist Salary Comparison by Location
Nationwide
United States
$36,694
$3,057
$705
$18
Ashburn, VA
Virginia
$38,179
$3,182
$734
$18

How much does a Collections Specialist make?

As of May 19, 2022, the average annual pay for a Collections Specialist in the United States is $36,694 a year.

Just in case you need a simple salary calculator, that works out to be approximately $17.64 an hour. This is the equivalent of $706/week or $3,058/month.

While ZipRecruiter is seeing annual salaries as high as $53,000 and as low as $20,000, the majority of Collections Specialist salaries currently range between $30,000 (25th percentile) to $41,500 (75th percentile) with top earners (90th percentile) making $49,500 annually across the United States. The average pay range for a Collections Specialist varies greatly (by as much as $11,500), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.

Based on recent job postings on ZipRecruiter, the Collections Specialist job market in both Ashburn, VA and the surrounding area is very active. A Collections Specialist in your area makes on average $38,179 per year, or $1,485 (4%) more than the national average annual salary of $36,694. Virginia ranks number 24 out of 50 states nationwide for Collections Specialist salaries.

To estimate the most accurate annual salary range for Collections Specialist jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America.

Find your next high paying job as a Collections Specialist on ZipRecruiter today.

What are Top 10 Highest Paying Cities for Collections Specialist Jobs

We’ve identified 10 cities where the typical salary for a Collections Specialist job is above the national average. Topping the list is Sunnyvale, CA, with Santa Cruz, CA and Santa Rosa, CA close behind in the second and third positions. Santa Rosa, CA beats the national average by $5,729 (15.6%), and Sunnyvale, CA furthers that trend with another $7,112 (19.4%) above the $36,694 average.

With these 10 cities having average salaries higher than the national average, the opportunities for economic advancement by changing locations as a Collections Specialist appears to be exceedingly fruitful.

Finally, another factor to consider is the average salary for these top ten cities varies very little at 7% between Sunnyvale, CA and Dickinson, ND, reinforcing the limited potential for much wage advancement. The possibility of a lower cost of living may be the best factor to use when considering location and salary for a Collections Specialist role.

CityAnnual SalaryMonthly PayWeekly PayHourly Wage
Sunnyvale, CA$43,806$3,651$842$21.06
Santa Cruz, CA$43,401$3,617$835$20.87
Santa Rosa, CA$42,423$3,535$816$20.40
Williston, ND$41,568$3,464$799$19.98
Manhattan, NY$41,459$3,455$797$19.93
Barnstable Town, MA$41,137$3,428$791$19.78
Cambridge, MA$41,061$3,422$790$19.74
San Mateo, CA$40,747$3,396$784$19.59
Arlington, VA$40,714$3,393$783$19.57
Dickinson, ND$40,465$3,372$778$19.45

What are Top 5 Best Paying Related Collections Specialist Jobs in the U.S.

We found at least five jobs related to the Collections Specialist job category that pay more per year than a typical Collections Specialist salary. Top examples of these roles include: VP Collections, Head Of Credit & Collections, and Collections Director.

Importantly, all of these jobs are paid between $33,596 (91.6%) and $97,471 (265.6%) more than the average Collections Specialist salary of $36,694. If you’re qualified, getting hired for one of these related Collections Specialist jobs may help you make more money than that of the average Collections Specialist position.

Job TitleAnnual SalaryMonthly PayWeekly PayHourly Wage
VP Collections$134,165$11,180$2,580$64.50
Head Of Credit & Collections$95,235$7,936$1,831$45.79
Collections Director$86,233$7,186$1,658$41.46
Director Credit & Collections$84,495$7,041$1,625$40.62
Credit Collections Manager$70,290$5,858$1,352$33.79
About Our Data
ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources.
Data used to develop this report includes ADP data. ADP is an exclusive provider of employee payroll data for ZipRecruiter.
ADP