COLLECTIONS SPECIALIST SALARY

Average Yearly Salary
$33,000
$24,000
Min 10%
$33,000
Median 50%
$47,000
Max 90%
Best Paying Company
Favorite Healthcare Staffing
Highest Paying City
Richmond, VA
Highest Paying State
Virginia
Average Experience Level
2.5 years
How much does a collections specialist make?
Collections Specialists in America make, on average, $33,876 a year or $16.29 per hour. The top 10 percent of earners make over $47,000 annually, whereas the bottom 10 percent of earners make under $24,000 per year. The most abundant employment opportunities for Collections Specialists are in Professional companies and Health Care companies. Virginia, District of Columbia, Maryland, North Carolina, and Delaware have the highest paying Collections Specialist jobs. The typical tenure for a Collections Specialist is 2.5 years.

Average Collections Specialist Salary By Company

Collections Specialists report their job security as good. Just as in every field, some employers pay higher wages than others. Professional companies and Health Care companies tend to have the highest concentration of employment in this field. Collections Specialists at Favorite Healthcare Staffing and Citi report the highest salaries. Companies like Rollins and Cepheid also pay high salaries to their Collections Specialists.

Average Collections Specialist Salary By Location

The national average salary for a Collections Specialist in the United States is $33,876 per year or $16.29 per hour. Richmond, VA reports the highest annual salary for Collections Specialists at 63,496. Even an entry-level Collections Specialist makes $42,000 per year in Richmond, VA. Virginia, District of Columbia, Maryland, North Carolina, and Delaware are the states with the highest payscale for Collections Specialists. Minnesota, Michigan, and North Dakota have the lowest Collections Specialist salaries.
RankCityAverage Salary
1
Richmond, VA
$63,496
2
Raleigh, NC
$59,942
3
Washington, DC
$59,625
4
Baltimore, MD
$57,229
5
Newark, DE
$55,381

Average Collections Specialist Salary By Industry

Collections Specialist salaries can vary depending on the industry. Our data shows that Professional companies, Manufacturing companies, and Health Care companies tend to have the highest salaries for Collections Specialists. Professional companies pay their Collections Specialists the highest wages, averaging $36,571 per year. Manufacturing companies and Health Care companies pay well too, at $34,807 and $33,241, respectively. The average salary for Collections Specialists in the Finance industry is lower than the rest, coming in at $32,760.
RankIndustryAverage Salary
1
Professional
$36,571
2
Manufacturing
$34,807
3
Health Care
$33,241
4
Finance
$32,760

RECENTLY ADDED Collections Specialist SALARIES

Company
Job
Location
Date Added
Salary
Careerbuilder-Us
Collections Specialist
10/31/2019
$31,305
Robert Half Finance & Accounting
Collections Specialist
10/31/2019
$40,000
Qualified Staffing
Collections Specialist
10/30/2019
$27,131
Navient Corp
Collections Specialist
10/30/2019
$32,349
10/30/2019
$29,218
Navient
Collections Specialist
10/29/2019
$32,349
Davenport University
Collections Specialist
10/29/2019
$27,131
Johns Hopkins University
Collections Specialist
10/29/2019
$27,882
Robert Half
Collections Specialist
10/29/2019
$37,670
Robert Half
Collections Specialist
10/29/2019
$38,004
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