Collection Agent Salary

Average Yearly Salary
Updated May 19, 2020
$63,000
$43,000
Min 10%
$63,000
Median 50%
$92,000
Max 90%
Best Paying Company
Rpc
Highest Paying City
Los Angeles, CA
Highest Paying State
California
Average Experience Level
1.7 years
How much does a collection agent make?
The national average salary for a Collection Agent in the United States is $63,325 per year or $30.44 per hour. While the top 10 percent make over $92,000 per year, the bottom 10 percent make under $43,000. Professional companies and Finance companies tend to have the highest concentration of employment in this field. The top 5 states when it comes to Collection Agent salaries are California, Nevada, Hawaii, Rhode Island, and Connecticut. The typical employment in the position spans 1.7 years.
Annual Salaries For Related Jobs
Collector
$31,662
Agent
$33,696

Average Collection Agent Salary By Location

The national average salary for a Collection Agent in the USA is $63,325 annually or $30.44 hourly. Collection Agents make the most in Los Angeles, CA at about $44,779 per year. Even an entry-level Collection Agent makes $31,000 per year in Los Angeles, CA. California, Nevada, Hawaii, Rhode Island, and Connecticut are the highest paying states. Pennsylvania, Montana, and Ohio have the lowest Collection Agent salaries.

Map of Collection Agent Salaries

The darker areas on the map show where Collection Agents earn the highest salaries across all 50 states.

Average Salary:

Average Collection Agent Salary By Company

Collection Agent jobs offer good job security, but the wages reported in some industries are higher than others. Employers that have the highest concentration of job opportunities for Collection Agents are Professional companies and Finance companies. Rpc and Waste Management are the best paying companies for Collection Agents. Also, companies like Drivetime Automotive Group and Northstar Homes pay their Collection Agents very well.

Average Collection Agent Pay By Industry

The type of industry that a Collection Agent works in can influence their earning potential. Our analysis shows that Utilities companies, Finance companies, and Manufacturing companies pay higher-than-average wages for Collection Agents. Salaries for Collection Agents in Utilities companies average $80,332 annually, while Finance companies and Manufacturing companies pay $64,393 and $64,087, respectively. At $50,015, the average salary for Collection Agents in the Professional industry is lower than other industries.
Industry
Average Salary
Utilities
Utilities
$80,332
$80k
Finance
Finance
$64,393
$64k
Manufacturing
Manufacturing
$64,087
$64k
Professional
Professional
$50,015
$50k

Collection Agent Salary History

Compare salaries for individual cities or states with the national average.

National Average
Ashburn, VA

Collection Agent Salary By Experience Level

The salary for a Collection Agent can range from $47,015 to $84,729 depending on the amount of work experience that the person has. Data on how experience level affects salary is provided by the Bureau of Labor Statistics (BLS) as part of their National Compensation Survey, which is based on factors such as knowledge, complexity, contacts, and environment.

Recently Added Collection Agent Salaries

Company
Job
Location
Date Added
Salary
Northstar Home
Collection Agent
04/24/2020
$18,783
04/19/2020
$29,218
Collections Agent
04/18/2020
$35,479
Adecco Staffing
Collections Agent
04/07/2020
$27,131
Collections Agents Needed Immediately In The Pompano Beach Area
04/01/2020
$25,044
Collections Agents Needed
03/28/2020
$25,044
Enhanced Resource Centers
First Party Collections Agent-No Experience
03/28/2020
$24,001
Randstad
Collections Agent
03/24/2020
$45,914
Adecco Staffing
Field Collections Agent
03/18/2020
$25,044
Adecco Staffing
Collections Agent
03/07/2020
$27,131
Show More