Collections Associate

Collections Associate Salary

Average Yearly Salary
$42,000
$26,000
Min 10%
$42,000
Median 50%
$66,000
Max 90%
Best Paying Company
Accenture Federal Services
Highest Paying City
Washington, DC
Highest Paying State
West Virginia
Average Experience Level
2.3 years
How much does a collections associate make?
Collections Associates in America make an average salary of $42,234 per year or $20.3 per hour. Those in the bottom 10 percent make under $26,000 a year, and the top 10 percent make over $67,000. Employers that have the highest concentration of job opportunities for Collections Associates are Professional companies and Retail companies. States with the highest Collections Associate salaries include West Virginia, Delaware, Connecticut, Rhode Island, and Massachusetts. The typical employment for a Collections Associate is 2.3 years.

Average Collections Associate Salary By Location

Collections Associates in the United States of America make on average $42,234 a year or $20.3 per hour. The top city when it comes to Collections Associate salaries is Washington, DC at $67,509 per year. Even as an entry-level Collections Associate, you will make $40,000 per year in Washington, DC. Some of the states with the best Collections Associate salaries are West Virginia, Delaware, Connecticut, Rhode Island, Massachusetts, New Jersey, and New Hampshire. On the other hand, Utah, Hawaii, Idaho, South Dakota, and Alabama report the lowest wages for Collections Associates.
RankCityAverage Salary
1
1
Washington, DC
Washington, DC
$67,509
$67,509
2
2
Norwalk, CT
Norwalk, CT
$58,199
$58,199
3
3
Boston, MA
Boston, MA
$55,482
$55,482
4
4
Piscataway, NJ
Piscataway, NJ
$54,893
$54,893
5
5
Chicago, IL
Chicago, IL
$46,684
$46,684

Map of Collections Associate Salaries

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

Average Salary:
LowestHighest

Average Collections Associate Salary By Company

Collections Associates can expect good job security. Some industries pay higher than others. Employers that have the highest concentration of job opportunities for Collections Associates are Professional companies and Retail companies. The two companies that report the highest salaries for Collections Associates are Accenture Federal Services and IEEE. Also, companies like Change Healthcare and PharMerica pay their Collections Associates very well.

Average Collections Associate Pay By Industry

The type of industry that a Collections Associate works in can influence their earning potential. By looking at our data, we can see that Manufacturing companies, Health Care companies, and Retail companies pay their Collections Associates well. Salaries for Collections Associates in Manufacturing companies average $54,639 annually, while Health Care companies and Retail companies pay $44,013 and $43,430, respectively. The average salary for Collections Associates in the Professional industry is lower than the rest, coming in at $36,664.
RankIndustryAverage Salary
1
1
Manufacturing
Manufacturing
$54,639
$54,639
2
2
Health Care
Health Care
$44,013
$44,013
3
3
Retail
Retail
$43,430
$43,430
4
4
Finance
Finance
$42,990
$42,990
5
5
Transportation
Transportation
$40,815
$40,815

Collections Associate Salary History

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

National Average
Ashburn, VA

Recently Added Collections Associate Salaries

Company
Job
Location
Date Added
Salary
Collections Associate
03/07/2020
$27,131
Data Collections Associate
03/04/2020
$31,305
Randstad
Credit Collections Associate
02/17/2020
$37,566
Boston College
Credit & Collection Associate
02/15/2020
$43,250
Randstad
Credit & Collections Associate (B2B)
02/12/2020
$37,566
Randstad
Collections Associate
02/12/2020
$37,566
Collections Associate
01/22/2020
$31,200
Republic Finance, LLC
Collections Associate
01/13/2020
$31,200
Randstad
Collections Associate
01/08/2020
$37,566
Randstad
Collections Associate
12/20/2019
$43,827
Show More