The 10 States With The Highest Collector Salaries For 2019

Chris Kolmar
by Chris Kolmar
Rankings, Salaries - 4 months ago

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Without fail, in surveys across basically every demographic, the number one most important aspect of a job for most people is the salary — how much do collectors get paid where I live?

And while there are many things to go into how much you, specifically, can expect to make, there’s really good data for average salaries for collectors by state across America broken down by seniority level. So while your city may be slightly different than the state average, these averages give you a rough sense of what to expect for your salary.

To better understand how salaries change across America, we decided to take a look the most recent data from the Bureau of Labor Statistics on average pay for collectors by state.

Additionally, we wanted to adjust the salary based on the cost of living in a state — because your salary goes further in North Carolina than it does in California.

The state with the best salary for collectors after this adjustment? That would be Bill And Account Collectors.

Here’s a quick snapshot of the top ten states for salaries:

  1. Michigan
  2. North Dakota
  3. Wyoming
  4. Illinois
  5. Virginia
  6. Georgia
  7. Kentucky
  8. Texas
  9. Oklahoma
  10. Wisconsin

Let’s take a look at how we got here and a full ranking of all the states.

If you’re interested, you can read more about the job scene here:

How we determined pay by state

As we mentioned earlier, we took the average annual salary data for collectors from the 2018 Bureau of Labor Statistics — specifically their ‘Occupational Employment Statistics.’

To make the comparison of salaries apples to apples across states, we also took into account the cost of living in each state.

We then created an index by dividing the average wage for a state by the cost of living relative to average. As an example, the cost of living index in California is 135.9 and the average pay is $44340, so our index value would be:

$44,340 * (100 / 135.9) = $32,626

We then ranked every state on this criteria with the state with the highest salary index ranking as highest average salary for collectors.

Here’s a look at the full ranking for all states.

For more reading, check out:

Detailed List Of Collector Salaries By State

Rank State Adjusted Salary Average Wage Cost Of Living
1 Michigan $44,719 $39,800 89.0
2 North Dakota $43,350 $43,090 99.4
3 Wyoming $41,230 $37,850 91.8
4 Illinois $40,813 $38,610 94.6
5 Virginia $40,734 $41,060 100.8
6 Georgia $40,678 $37,180 91.4
7 Kentucky $40,497 $36,650 90.5
8 Texas $40,341 $36,590 90.7
9 Oklahoma $39,708 $35,420 89.2
10 Wisconsin $39,669 $38,400 96.8
11 Minnesota $39,464 $39,780 100.8
12 Idaho $39,381 $36,270 92.1
13 Indiana $39,363 $35,230 89.5
14 Colorado $39,238 $40,730 103.8
15 Alabama $39,002 $35,570 91.2
16 Iowa $38,956 $35,450 91.0
17 Mississippi $38,928 $33,440 85.9
18 Missouri $38,882 $35,150 90.4
19 New Mexico $38,704 $37,350 96.5
20 Delaware $38,648 $39,190 101.4
21 Washington $38,403 $40,400 105.2
22 North Carolina $38,306 $35,970 93.9
23 Ohio $38,272 $35,900 93.8
24 Nebraska $38,198 $34,990 91.6
25 Tennessee $37,964 $33,940 89.4
26 Kansas $37,419 $33,640 89.9
27 Arizona $37,173 $36,430 98.0
28 New Jersey $37,128 $45,260 121.9
29 Arkansas $36,877 $32,120 87.1
30 Pennsylvania $36,824 $37,340 101.4
31 Florida $36,693 $36,070 98.3
32 Utah $36,021 $33,500 93.0
33 South Carolina $35,987 $35,700 99.2
34 Rhode Island $35,708 $43,100 120.7
35 West Virginia $35,706 $33,350 93.4
36 Nevada $35,537 $36,710 103.3
37 Connecticut $35,520 $45,360 127.7
38 Montana $35,287 $35,570 100.8
39 Louisiana $34,989 $33,170 94.8
40 Vermont $34,971 $42,350 121.1
41 Alaska $34,736 $45,540 131.1
42 Massachusetts $34,340 $45,810 133.4
43 Maryland $34,223 $42,950 125.5
44 Oregon $33,849 $39,130 115.6
45 Maine $32,788 $36,330 110.8
46 California $32,626 $44,340 135.9
47 New York $32,297 $42,310 131.0
48 New Hampshire $31,974 $37,410 117.0
49 South Dakota $31,407 $32,570 103.7
50 Hawaii $24,740 $41,540 167.9
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