These Are The 10 States With The Highest Collector Salaries For 2017

Chris Kolmar
by Chris Kolmar
Rankings, Salaries - 6 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. Texas
  3. Wyoming
  4. Illinois
  5. Tennessee
  6. Kentucky
  7. Georgia
  8. Wisconsin
  9. Idaho
  10. North Dakota

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 2016 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 $43460, so our index value would be:

$43,460 * (100 / 135.9) = $31,979

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 $45,370 $40,380 89.0
2 Texas $42,646 $38,680 90.7
3 Wyoming $41,546 $38,140 91.8
4 Illinois $40,697 $38,500 94.6
5 Tennessee $40,648 $36,340 89.4
6 Kentucky $40,265 $36,440 90.5
7 Georgia $40,098 $36,650 91.4
8 Wisconsin $39,814 $38,540 96.8
9 Idaho $39,641 $36,510 92.1
10 North Dakota $38,963 $38,730 99.4
11 Arizona $38,316 $37,550 98.0
12 New Mexico $38,259 $36,920 96.5
13 North Carolina $38,093 $35,770 93.9
14 Indiana $38,067 $34,070 89.5
15 Virginia $38,065 $38,370 100.8
16 Colorado $37,514 $38,940 103.8
17 Arkansas $37,462 $32,630 87.1
18 Kansas $37,119 $33,370 89.9
19 Minnesota $37,113 $37,410 100.8
20 Alabama $37,061 $33,800 91.2
21 Mississippi $37,043 $31,820 85.9
22 Washington $36,844 $38,760 105.2
23 Oklahoma $36,625 $32,670 89.2
24 Ohio $36,439 $34,180 93.8
25 West Virginia $36,284 $33,890 93.4
26 Iowa $36,131 $32,880 91.0
27 Pennsylvania $36,094 $36,600 101.4
28 Nebraska $36,080 $33,050 91.6
29 South Carolina $35,231 $34,950 99.2
30 Connecticut $35,097 $44,820 127.7
31 Florida $34,852 $34,260 98.3
32 Delaware $34,792 $35,280 101.4
33 Missouri $34,657 $31,330 90.4
34 New Jersey $34,602 $42,180 121.9
35 Rhode Island $34,341 $41,450 120.7
36 Louisiana $33,829 $32,070 94.8
37 Nevada $33,736 $34,850 103.3
38 Utah $33,602 $31,250 93.0
39 Massachusetts $33,193 $44,280 133.4
40 Alaska $33,119 $43,420 131.1
41 Vermont $33,071 $40,050 121.1
42 Maryland $33,035 $41,460 125.5
43 Montana $32,698 $32,960 100.8
44 Oregon $32,110 $37,120 115.6
45 California $31,979 $43,460 135.9
46 Maine $31,489 $34,890 110.8
47 South Dakota $30,916 $32,060 103.7
48 New Hampshire $30,880 $36,130 117.0
49 New York $30,442 $39,880 131.0
50 Hawaii $22,453 $37,700 167.9

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