Debt Collector Statistics and Facts in the US

Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for debt collectors in the United States. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • There are over 75,941 debt collectors currently employed in the United States.
  • 66.0% of all debt collectors are women, while only 29.2% are men.
  • The average age of an employed debt collector is 43 years old.
  • The most common ethnicity of debt collectors is White (62.0%), followed by Hispanic or Latino (22.2%) and Black or African American (9.0%).
  • The majority of debt collectors are located in TX, Houston and FL, Jacksonville.
  • Debt collectors are most in-demand in Jacksonville, FL.
  • Debt collectors are paid an average annual salary of $31,860.
  • Virginia Beach, VA pays an annual average wage of $37,070, the highest in the US.
  • Debt collectors average starting salary is $26,000.
  • In 2021, women earned 97% of what men earned.
  • The top 10% of highest-paid debt collectors earn as much as $38,000 or more.
  • New Jersey is the best state for debt collectors to live.
  • Debt collectors are more likely to work at private companies in comparison to public companies.

Debt Collector Statistics By Gender

Among debt collectors, 66.0% of them are women compared to 29.2% which are men.

Job Title
  • Female, 66.0%
  • Male, 29.2%
  • Unknown, 4.8%
Job Title
GenderascdescPercentagesascdesc
Female
66.0%
Male
29.2%
Unknown
4.8%

Gender Pay Gap For Debt Collector

Women Earn 97¢ For Every $1 Earned By Man

male-income
Male Income
$33,595
female-income
Female Income
$32,431

Debt Collector Gender Over Time

This data shows how men and women predominate in the debt collector position over time.

Male
Female
36%
33%
30%
28%
25%
22%
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
YearascdescMaleascdescFemaleascdesc
2008
27.34%
72.66%
2009
28.25%
71.75%
2010
31.10%
68.90%
2011
30.01%
69.99%
2012
30.69%
69.31%
2013
28.54%
71.46%
2014
29.26%
70.74%
2015
30.54%
69.46%
2016
28.32%
71.68%
2017
28.28%
71.72%
2018
28.99%
71.01%

Debt Collector Male to Female Ratio

We compared this job title with other job titles to see how gender percentages varied. As you can see, time recorder and recovery agent have the biggest difference in gender.

Compare Jobs
Job Titleascdesc
Maleasc
Femaleascdesc
Directory Clerk6%92%
Insurance Billing Clerk8%89%
Receptionist/Accounts Receivable9%87%
Debt Collector29%66%
Recovery Agent64%32%
Time Recorder66%31%
Male
Female
100%
75%
50%
25%
0%
Time Recorder
Recovery Agent
Debt Collector
Receptionist/Accounts Receivable
Insurance Billing Clerk
Directory Clerk
0%
25%
50%
75%
100%

Debt Collector Statistics By Race

The most common ethnicity among debt collectors is White, which makes up 62.0% of all debt collectors. Comparatively, there are 22.2% of the Hispanic or Latino ethnicity and 9.0% of the Black or African American ethnicity.

Job Title
  • White, 62.0%
  • Hispanic or Latino, 22.2%
  • Black or African American, 9.0%
  • Asian, 3.8%
  • Unknown, 2.4%
  • American Indian and Alaska Native, 0.6%
Job Title
Debt Collector RaceascdescPercentagesascdesc
White
62.0%
Hispanic or Latino
22.2%
Black or African American
9.0%
Asian
3.8%
Unknown
2.4%
American Indian and Alaska Native
0.6%

Debt Collector Race And Ethnicity Over Time

Using the Census Bureau data, we found out how the percentage of each ethnic category trended between 2008-2018 among debt collectors.

  • White
  • Asian
  • Hispanic or Latino
  • Black or African American
YearascdescWhiteascdescBlack or African AmericanascdescAsianascdescHispanic or Latinoascdesc
2010
61.19%
11.84%
3.55%
20.61%
2011
59.41%
12.89%
3.41%
21.00%
2012
61.64%
13.21%
3.40%
18.51%
2013
59.92%
13.76%
4.02%
19.45%
2014
60.89%
12.01%
3.48%
20.85%
2015
59.52%
12.03%
3.28%
21.65%
2016
62.50%
10.55%
2.37%
21.38%
2017
59.66%
13.90%
3.45%
19.74%
2018
61.95%
9.01%
3.83%
22.20%

Debt Collector Wage Gap By Race

White debt collectors have the highest average salary compared to other ethnicities. Unknown debt collectors have the lowest average salary at $32,650.
$34,000
$33,000
$32,000
Unknown
White
Black or African American
Asian
Hispanic or Latino
Ethnicityascdesc
Salaryascdesc
Unknown$32,650
White$33,345
Black or African American$33,002
Asian$33,131
Hispanic or Latino$32,938

Average Age of a Debt Collector

We determined the average age of debt collectors based on ethnicity and gender.

Male
Female
RaceascdescMale AgeascdescFemale Ageascdesc
Unknown
42
White
41
48
Black or African American
42
41.5
Asian
37
39.5
Hispanic or Latino
33
36

Debt Collector Age Breakdown

This chart breaks down the ages of debt collector employees. Interestingly enough, the average age of debt collectors is 40+ years old, which represents 59% of the population.

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20-30 years

30-40 years

40+ years


Debt Collector YearsascdescPercentagesascdesc
20-30 years
19%
30-40 years
22%
40+ years
59%

Types of Debt Collector Degree Levels

The most common degree for debt collectors is high school diploma 34% of debt collectors earn that degree. A close second is bachelor's degree with 26% and rounding it off is associate degree with 22%.

Job Title
  • High School Diploma, 34%
  • Bachelors, 26%
  • Associate, 22%
  • Diploma, 9%
  • Other Degrees, 9%
Job Title
Debt Collector DegreeascdescPercentagesascdesc
High School Diploma
34%
Bachelors
26%
Associate
22%
Diploma
9%
Other Degrees
9%

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Debt Collector Wage Gap By Education

Debt collectors with a Bachelors degree earn more than those without, at $33,675 annually. With a Masters degree, debt collectors earn a median annual income of $33,326 compared to $32,431 for debt collectors with an High School Diploma degree.
$34,000
$33,000
$32,000
$31,000
High School Diploma or Less
Master's Degree
Bachelor's Degree
Some College/ Associate Degree
Educationascdesc
Salaryascdesc
High School Diploma or Less$32,431
Master's Degree$33,326
Bachelor's Degree$33,675
Some College/ Associate Degree$31,848

Debt Collector Employment Statistics

This section highlights the information we gathered about the types of businesses and industries that employ debt collectors. We found that the most common company type is private. In addition, the industry that employs the most debt collectors is the finance industry.

Company Size

We created this chart to show you the average size of companies that typically hire debt collectors.

Compare Jobs

< 50 employees

50 - 100 employees

100 - 500 employees

500 - 1,000 employees

1,000 - 10,000 employees

> 10,000

Company SizeascdescPercentagesascdesc
< 50 employees
6%
50 - 100 employees
7%
100 - 500 employees
13%
500 - 1,000 employees
16%
1,000 - 10,000 employees
29%
> 10,000 employees
29%

The Types Of Companies Debt Collector Work In

Employees with the debt collector job title have their preferences when it comes to working for a company. For instance, most debt collectors prefer to work at private companies over public companies.

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Education

Public

Private

Government

Company TypeascdescPercentagesascdesc
Education
2%
Public
34%
Private
63%
Government
2%

Top Industries Hiring Debt Collectors

Just based on the number of employees within each industry, we were able to determine the most common industries that employ debt collectors. Those industries include finance, professional and technology.

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Finance

Professional

Fortune 500

Technology

Manufacturing

IndustryascdescPercentagesascdesc
Finance
22%
Professional
15%
Fortune 500
14%
Technology
9%
Manufacturing
5%
Health Care
5%
Retail
4%
Insurance
4%
Construction
3%
Hospitality
3%
Transportation
2%
Utilities
2%
Telecommunication
2%
Energy
2%
Non Profits
2%
Pharmaceutical
1%
Media
1%
Internet
1%
Government
1%
Automotive
1%
Education
1%

Debt Collector Turnover And Employment Statistics

Debt Collector Unemployment Rate Over Time

The Bureau of Labor Statistics came in clutch when it came down to figuring out how the unemployment rate has changed over time. Between 2008 and 2018, this is how the number of debt collectors changed.

  • Unemployment rate
YearascdescDebt Collector Unemployment Rateascdesc
2010
12.02%
2011
12.36%
2012
10.85%
2013
10.37%
2014
8.36%
2015
7.21%
2016
5.43%
2017
4.15%
2018
4.83%

The Average Number of Years That Debt Collector Stay in a Job

By looking over 18,528 debt collectors resumes, we figured out that the average debt collector enjoys staying at their job for 1-2 years for a percentage of 37%.

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Less than one year

1-2 years

3-4 years

5-7 years

8-10 years

11+ years


Number or YearsascdescPercentagesascdesc
Less than 1 year
35%
1-2 years
37%
3-4 years
12%
5-7 years
9%
8-10 years
3%
11+ years
3%

Comparing The LGBT Ratio of Debt Collectors with Other Job Titles

After finding the gender ratio, we wondered if the percentages of LGBT persons were different as well. Using the data below, you can see how other job titles compare to debt collectors.

Compare Jobs
Job Titleascdesc
LGBTasc
Payroll Assistant6.68%
Teller Supervisor9.03%
Cage Cashier10.50%
Operations Senior Clerk10.76%
Machine Biller11.07%
Debt Collector13.80%
Data Entry Technician16.24%

ProfessionascdescPercentages of LGBT ascdesc
Payroll Assistant
6.68%
Teller Supervisor
9.03%
Cage Cashier
10.50%
Operations Senior Clerk
10.76%
Machine Biller
11.07%
Data Entry Technician
16.24%

Foreign Languages Spoken By Debt Collectors

The most common foreign language among debt collectors is Spanish at 78.3%. The second-most popular foreign language spoken is French at 5.0% and German is the third-most popular at 2.7%.

Job Title
  • Spanish, 78.3%
  • French, 5.0%
  • German, 2.7%
  • Portuguese, 1.9%
  • Chinese, 1.9%
  • Other, 10.2%
Job Title
Foreign LanguageascdescPercentagesascdesc
Spanish
78.3%
French
5.0%
German
2.7%
Portuguese
1.9%
Chinese
1.9%
Other
10.2%

Debt Collector Jobs

Recently Added Debt Collector Jobs

Debt Collector Heatmaps

The amount you can make as a debt collector can depend on where you live. For example, the highest salary of debt collectors is $42,629. Use our chart to find out where that salary is located.

Where Do Debt Collectors Earn The Most?

The map here shows where debt collectors earn the highest salaries in the U.S. The darker areas across the 50 states highlight the highest salaries.

Average Salary

Where Are Debt Collectors Located?

By looking through more than 18,528 resumes, we found that the most popular places for debt collectors are TX, Houston and FL, Jacksonville.

Number of Debt Collectors

Where Are Debt Collectors In High Demand?

We looked over job openings to determine where in the country debt collectors are in the most demand.

Jobs Openings