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Cash application specialist salary
Average cash application specialist salary
$37,558
Average Cash Application Specialist Salary
The average salary for a Cash Application Specialist in the United States is approximately $37,558 per year, or about $18 per hour. This figure can vary based on factors including experience level, geographic location, and industry sector. For instance, those in high-demand areas or industries might see higher compensation.
Salary by Experience Level
Entry-level specialists typically start around $30,000, while those with several years of experience can reach upwards of $50,000 annually. Continuous professional development and certifications can further enhance earning potential.
Highest Paying States
States such as California, New York, and Texas offer some of the most competitive salaries for cash application specialists. It's essential to research local market trends and salary expectations.
Opportunities for Advancement
As companies increasingly rely on accurate financial data, skilled cash application specialists are in demand. By gaining experience and expanding their skill set, individuals can position themselves for promotions or transitions into higher-paying finance roles.
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Where can a Cash Application Specialist earn more?
Cash application specialist salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level cash application specialist | $26,500 | $12.76 |
| Mid-level cash application specialist | $37,900 | $18.22 |
| Senior-level cash application specialist | $49,800 | $23.94 |
Cash application specialist salary estimates from across the web
Average cash application specialist salary by state
The highest-paying states for cash application specialists are Delaware, New Jersey, and Oregon. The lowest average cash application specialist salary states are Maine, South Dakota, and Nevada.
- State view
- County view
Highest paying states for cash application specialists
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Oregon | $43,753 | $21.04 |
| 2 | Delaware | $46,069 | $22.15 |
| 3 | Utah | $40,556 | $19.50 |
| 4 | New Jersey | $45,392 | $21.82 |
| 5 | Rhode Island | $40,206 | $19.33 |
| 6 | Minnesota | $41,727 | $20.06 |
| 7 | Massachusetts | $43,449 | $20.89 |
| 8 | Kentucky | $41,711 | $20.05 |
| 9 | District of Columbia | $44,328 | $21.31 |
| 10 | Vermont | $39,558 | $19.02 |
| 11 | New York | $41,409 | $19.91 |
| 12 | Alaska | $43,248 | $20.79 |
| 13 | Pennsylvania | $37,797 | $18.17 |
| 14 | Texas | $38,454 | $18.49 |
| 15 | Arizona | $37,937 | $18.24 |
| 16 | Illinois | $40,742 | $19.59 |
| 17 | Wisconsin | $39,098 | $18.80 |
| 18 | California | $41,685 | $20.04 |
| 19 | North Carolina | $37,639 | $18.10 |
| 20 | North Dakota | $37,558 | $18.06 |
| 21 | Michigan | $37,665 | $18.11 |
| 22 | Washington | $40,087 | $19.27 |
| 23 | Ohio | $36,154 | $17.38 |
| 24 | Connecticut | $39,370 | $18.93 |
| 25 | Colorado | $39,220 | $18.86 |
| 26 | Louisiana | $38,500 | $18.51 |
| 27 | Georgia | $38,135 | $18.33 |
| 28 | Florida | $36,577 | $17.59 |
| 29 | Maryland | $38,184 | $18.36 |
| 30 | Virginia | $38,347 | $18.44 |
| 31 | Tennessee | $35,609 | $17.12 |
| 32 | Hawaii | $39,197 | $18.84 |
| 33 | New Hampshire | $36,476 | $17.54 |
| 34 | Nebraska | $34,279 | $16.48 |
| 35 | Kansas | $34,990 | $16.82 |
| 36 | Iowa | $32,915 | $15.82 |
| 37 | New Mexico | $35,284 | $16.96 |
| 38 | Indiana | $34,493 | $16.58 |
| 39 | Alabama | $34,581 | $16.63 |
| 40 | Montana | $33,076 | $15.90 |
| 41 | Oklahoma | $34,706 | $16.69 |
| 42 | Wyoming | $33,761 | $16.23 |
| 43 | Nevada | $32,054 | $15.41 |
| 44 | Missouri | $33,875 | $16.29 |
| 45 | South Dakota | $32,789 | $15.76 |
| 46 | Arkansas | $31,368 | $15.08 |
| 47 | South Carolina | $33,636 | $16.17 |
| 48 | Maine | $32,876 | $15.81 |
| 49 | Idaho | $33,058 | $15.89 |
| 50 | Mississippi | $31,035 | $14.92 |
| 51 | West Virginia | $28,353 | $13.63 |
Highest paying cities for cash application specialists
The highest-paying cities for cash application specialists are Washington, DC, Worcester, MA, and Saint Paul, MN.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington, DC | $44,383 | $21.34 |
| 2 | Worcester, MA | $43,540 | $20.93 |
| 3 | Saint Paul, MN | $41,693 | $20.04 |
| 4 | Brea, CA | $41,535 | $19.97 |
| 5 | New York, NY | $41,496 | $19.95 |
| 6 | Chicago, IL | $40,817 | $19.62 |
| 7 | Seattle, WA | $40,125 | $19.29 |
| 8 | Denver, CO | $39,224 | $18.86 |
| 9 | Austin, TX | $38,621 | $18.57 |
| 10 | Atlanta, GA | $38,160 | $18.35 |
| 11 | Prescott Valley, AZ | $38,024 | $18.28 |
| 12 | Philadelphia, PA | $37,945 | $18.24 |
| 13 | Charlotte, NC | $37,108 | $17.84 |
| 14 | Saint Petersburg, FL | $36,681 | $17.64 |
| 15 | Cleveland, OH | $36,519 | $17.56 |
| 16 | Memphis, TN | $35,017 | $16.84 |
| 17 | Fort Wayne, IN | $34,887 | $16.77 |
| 18 | Greenville, SC | $33,770 | $16.24 |
Cash application specialist salary details
A cash application specialist's salary ranges from $29,000 a year at the 10th percentile to $48,000 at the 90th percentile.
What is a cash application specialist's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $48,000 | $4,000 | $23 |
| 75th Percentile | $42,000 | $3,500 | $20 |
| Average | $37,558 | $3,130 | $18 |
| 25th Percentile | $32,000 | $2,667 | $15 |
| 10th Percentile | $29,000 | $2,417 | $14 |
Highest paying cash application specialist jobs
The highest paying types of cash application specialists are application specialist, senior account specialist, and finance specialist.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Payment Processor | $34,030 | $2,836 | $16.36 | 33,161 |
| Finance Clerk | $39,225 | $3,269 | $18.86 | 143,372 |
| Accounting Representative | $43,876 | $3,656 | $21.09 | 111,415 |
| Billing And Insurance Coordinator | $41,141 | $3,428 | $19.78 | 67,385 |
| Accounting Coordinator | $44,639 | $3,720 | $21.46 | 63,129 |
| Account Technician | $51,115 | $4,260 | $24.57 | 94,413 |
Top companies hiring cash application specialists now:
Which companies pay cash application specialists the most?
Cash application specialist salaries at Datamatics and Integra LifeSciences are the highest-paying according to our most recent salary estimates. In addition, the average cash application specialist salary at companies like Dairy Farmers of America and Arrow Electronics are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Datamatics | $51,630 | $24.82 |
| 2 | Integra LifeSciences | $45,907 | $22.07 |
| 3 | Dairy Farmers of America | $45,362 | $21.81 |
| 4 | Arrow Electronics | $44,436 | $21.36 |
| 5 | Smartsheet | $44,426 | $21.36 |
| 6 | Beacon Hill Staffing Group | $43,594 | $20.96 |
| 7 | Mérieux NutriSciences | $43,126 | $20.73 |
| 8 | BNP Paribas | $43,051 | $20.70 |
| 9 | Chumash Casino Resort | $43,018 | $20.68 |
| 10 | Airgas | $42,771 | $20.56 |
| 11 | NRG Energy | $42,765 | $20.56 |
| 12 | FleetCor Technologies | $42,629 | $20.49 |
| 13 | BGC Partners | $42,475 | $20.42 |
| 14 | Pape-Dawson Engineers | $41,210 | $19.81 |
| 15 | NeoGenomics Laboratories | $41,106 | $19.76 |
| 16 | Fidelity National Information Solutions | $40,803 | $19.62 |
| 17 | Praxair | $40,668 | $19.55 |
| 18 | Oldcastle Infrastructure | $40,659 | $19.55 |
| 19 | Prime Healthcare | $40,434 | $19.44 |
| 20 | Price Chopper Supermarkets-Market 32 | $40,391 | $19.42 |
Wage gap by gender, race and education
Cash Application Specialist salary by industry
The average cash application specialist salary varies across industries:
- The average cash application specialist salary in the transportation industry is $39,650, the highest of any industry.
- The average cash application specialist salary in the finance industry is $39,455.
- Cash application specialists in the retail industry earn an average salary of $36,163, the lowest of any industry.
Highest paying industries for cash application specialists
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Transportation | $39,650 | $19.06 |
| 2 | Manufacturing | $39,455 | $18.97 |
| 3 | Professional | $39,046 | $18.77 |
| 4 | Technology | $38,818 | $18.66 |
| 5 | Automotive | $37,213 | $17.89 |
| 6 | Health Care | $36,431 | $17.51 |
| 7 | Retail | $36,163 | $17.39 |
High paying cash application specialist jobs
Cash application specialist salary trends
The average cash application specialist salary has risen by $6,793 over the last ten years. In 2014, the average cash application specialist earned $30,765 annually, but today, they earn $37,558 a year. That works out to a 10% change in pay for cash application specialists over the last decade.
Compare cash application specialist salaries for cities or states with the national average over time.
Average cash application specialist salary over time
Compare cash application specialist salaries for individual cities or states with the national average.
Cash application specialist salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $37,600 | $18.06 | +2.8% |
| 2025 | $36,500 | $17.55 | +2.4% |
| 2024 | $35,600 | $17.13 | +2.5% |
| 2023 | $34,800 | $16.71 | +2.2% |
| 2022 | $34,000 | $16.34 | +3.0% |
Recently added cash application specialist salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Uline | Cash Applications Specialist | Waukegan, IL | 06/28/2025 | $48,001 |
| Uline | Cash Applications Specialist | Pleasant Prairie, WI | 06/27/2025 | $48,001 |
| Pyramid Consulting, Inc. | Cash Application Specialists | Auburn, WA | 06/27/2025 | $33,392 |
| Imperial Dade | Cash Application Specialist | New Brighton, MN | 06/27/2025 | $52,175 |
| Aston Carter | Cash Application Specialist | Indianapolis, IN | 06/26/2025 | $43,827 |
| Ryerson Inc. | Cash Applications Specialist | Little Rock, AR | 06/24/2025 | $43,780 |
| Eastern Fence | Shared Services Cash Application Specialist | Fort Mill, SC | 06/22/2025 | $41,740 |
| Huntington | Cash Application Specialist | Minnetonka, MN | 06/21/2025 | $45,914 |
| Uchealth | Cash Applications Specialist SR | Colorado Springs, CO | 06/21/2025 | $42,283 |
| Kelly Services | Cash Application Specialist | Toledo, OH | 06/20/2025 | $41,740 |
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