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Senior collection specialist salary
Average senior collection specialist salary
$45,150
Average Senior Collection Specialist Salary
The Senior Collection Specialist position typically commands an average salary of $45,150 annually. This figure can vary based on factors such as geographical location, years of experience, and the industry in which one is employed.
How Do Factors Influence Salary?
In states like California and New York, salaries may exceed the national average due to higher costs of living and demand for skilled professionals. For example, top-paying cities for this role include San Francisco and New York City, where salaries can reach $60,000 or more.
Opportunities for Growth
As collection specialists gain experience, they can advance to senior roles or transition into related fields such as finance or customer relations. This career path offers considerable potential for professional growth, with many organizations providing training and development programs to help employees excel.
Conclusion
Understanding salary dynamics is crucial when navigating your career as a Senior Collection Specialist. By leveraging data on average salaries and job opportunities, you can make informed decisions that align with your career aspirations.
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Where can a Senior Collection Specialist earn more?
Average senior collection specialist salary by state
The average senior collection specialist salary in Connecticut, Virginia, and New York are the highest in the U.S. The lowest average senior collection specialist salary states are New Mexico, Alabama, and Arkansas.
- State view
- County view
Highest paying states for senior collection specialists
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | District of Columbia | $69,056 | $33.20 |
| 2 | Connecticut | $72,297 | $34.76 |
| 3 | New York | $58,528 | $28.14 |
| 4 | Maryland | $55,167 | $26.52 |
| 5 | Missouri | $54,221 | $26.07 |
| 6 | Alaska | $52,176 | $25.08 |
| 7 | Illinois | $54,807 | $26.35 |
| 8 | Massachusetts | $57,529 | $27.66 |
| 9 | Virginia | $63,106 | $30.34 |
| 10 | Rhode Island | $53,207 | $25.58 |
| 11 | Delaware | $51,586 | $24.80 |
| 12 | Kentucky | $50,081 | $24.08 |
| 13 | Vermont | $48,542 | $23.34 |
| 14 | New Jersey | $55,179 | $26.53 |
| 15 | Indiana | $48,118 | $23.13 |
| 16 | Michigan | $48,986 | $23.55 |
| 17 | Oregon | $48,717 | $23.42 |
| 18 | Pennsylvania | $50,850 | $24.45 |
| 19 | North Dakota | $46,494 | $22.35 |
| 20 | Tennessee | $48,724 | $23.43 |
| 21 | Iowa | $42,714 | $20.54 |
| 22 | Arizona | $43,367 | $20.85 |
| 23 | Georgia | $43,838 | $21.08 |
| 24 | Kansas | $43,354 | $20.84 |
| 25 | New Hampshire | $46,897 | $22.55 |
| 26 | California | $49,984 | $24.03 |
| 27 | North Carolina | $43,921 | $21.12 |
| 28 | Wisconsin | $46,749 | $22.48 |
| 29 | Nevada | $43,691 | $21.01 |
| 30 | Hawaii | $43,562 | $20.94 |
| 31 | Colorado | $43,644 | $20.98 |
| 32 | Maine | $46,064 | $22.15 |
| 33 | Nebraska | $41,797 | $20.09 |
| 34 | Ohio | $44,497 | $21.39 |
| 35 | Idaho | $41,515 | $19.96 |
| 36 | Louisiana | $41,150 | $19.78 |
| 37 | Florida | $40,658 | $19.55 |
| 38 | Texas | $42,397 | $20.38 |
| 39 | Arkansas | $39,340 | $18.91 |
| 40 | Montana | $42,397 | $20.38 |
| 41 | Wyoming | $41,204 | $19.81 |
| 42 | South Carolina | $41,858 | $20.12 |
| 43 | West Virginia | $40,502 | $19.47 |
| 44 | Alabama | $39,894 | $19.18 |
| 45 | Utah | $40,748 | $19.59 |
| 46 | Minnesota | $41,678 | $20.04 |
| 47 | Washington | $42,303 | $20.34 |
| 48 | New Mexico | $39,920 | $19.19 |
| 49 | South Dakota | $38,252 | $18.39 |
| 50 | Mississippi | $37,888 | $18.22 |
| 51 | Oklahoma | $36,865 | $17.72 |
Highest paying cities for senior collection specialists
The highest-paying cities for senior collection specialists are Hartford, CT, Washington, DC, and Norfolk, VA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Hartford, CT | $72,142 | $34.68 |
| 2 | Washington, DC | $69,057 | $33.20 |
| 3 | Norfolk, VA | $62,854 | $30.22 |
| 4 | Bridgewater, MA | $57,976 | $27.87 |
| 5 | Chicago, IL | $55,209 | $26.54 |
| 6 | Saint Louis, MO | $54,495 | $26.20 |
| 7 | Johnston, RI | $53,206 | $25.58 |
| 8 | Troy, MI | $49,496 | $23.80 |
| 9 | Long Beach, CA | $49,188 | $23.65 |
| 10 | Madison, WI | $46,229 | $22.23 |
| 11 | Dalton, GA | $44,127 | $21.21 |
| 12 | Denver, CO | $43,587 | $20.96 |
| 13 | Tempe, AZ | $43,387 | $20.86 |
| 14 | San Antonio, TX | $42,753 | $20.55 |
| 15 | Tacoma, WA | $42,717 | $20.54 |
| 16 | Florence, SC | $42,355 | $20.36 |
| 17 | Omaha, NE | $41,898 | $20.14 |
| 18 | Tampa, FL | $40,698 | $19.57 |
| 19 | West Valley City, UT | $40,684 | $19.56 |
| 20 | Oklahoma City, OK | $36,905 | $17.74 |
Senior collection specialist salary details
A senior collection specialist's salary ranges from $33,000 a year at the 10th percentile to $61,000 at the 90th percentile.
What is a senior collection specialist's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $61,000 | $5,083 | $29 |
| 75th Percentile | $52,000 | $4,333 | $25 |
| Average | $45,150 | $3,763 | $22 |
| 25th Percentile | $38,000 | $3,167 | $18 |
| 10th Percentile | $33,000 | $2,750 | $16 |
Highest paying senior collection specialist jobs
The highest paying types of senior collection specialists are senior collector, collection team lead, and senior account specialist.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Account Representative | $36,977 | $3,081 | $17.78 | 183,446 |
| Collector | $34,872 | $2,906 | $16.77 | 23,948 |
| Debt Collector | $33,865 | $2,822 | $16.28 | 23,385 |
| Medical Collector | $36,235 | $3,020 | $17.42 | 73,797 |
| Collections, Customer Service | $32,870 | $2,739 | $15.80 | 161,544 |
| Collections Representative | $34,015 | $2,835 | $16.35 | 85,275 |
Top companies hiring senior collection specialists now:
Which companies pay senior collection specialists the most?
Senior collection specialist salaries at JPMorgan Chase & Co. and Siemens are the highest-paying according to our most recent salary estimates. In addition, the average senior collection specialist salary at companies like DaVita Kidney Care and Chubb are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | JPMorgan Chase & Co. | $62,849 | $30.22 |
| 2 | Siemens | $53,885 | $25.91 |
| 3 | DaVita Kidney Care | $52,173 | $25.08 |
| 4 | Chubb | $49,676 | $23.88 |
| 5 | Arizona State University | $49,394 | $23.75 |
| 6 | Universal Health Services | $49,044 | $23.58 |
| 7 | Spectrum Brands | $47,269 | $22.73 |
| 8 | Western Flyer Xpress | $47,054 | $22.62 |
| 9 | Philips | $46,656 | $22.43 |
| 10 | Bank of America | $45,471 | $21.86 |
| 11 | BD | $45,310 | $21.78 |
| 12 | Heritage - Crystal Clean | $44,561 | $21.42 |
| 13 | Genesis HealthCare | $44,428 | $21.36 |
| 14 | Heritage Holdings | $43,998 | $21.15 |
| 15 | Discover | $43,195 | $20.77 |
| 16 | Kforce | $42,876 | $20.61 |
| 17 | Randstad North America, Inc. | $42,085 | $20.23 |
| 18 | First Reliance Bank | $42,054 | $20.22 |
| 19 | Robert Half | $41,882 | $20.14 |
| 20 | Psg | $41,742 | $20.07 |
Wage gap by gender, race and education
Senior Collection Specialist salary by industry
The average senior collection specialist salary varies across industries:
- The average senior collection specialist salary in the health care industry is $46,971, the highest of any industry.
- The average senior collection specialist salary in the finance industry is $44,851.
- Senior collection specialists in the manufacturing industry earn an average salary of $39,272, the lowest of any industry.
Highest paying industries for senior collection specialists
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Health Care | $46,971 | $22.58 |
| 2 | Finance | $44,851 | $21.56 |
| 3 | Technology | $44,260 | $21.28 |
| 4 | Hospitality | $40,439 | $19.44 |
| 5 | Manufacturing | $39,272 | $18.88 |
High paying senior collection specialist jobs
Senior collection specialist salary trends
The average senior collection specialist salary has risen by $7,323 over the last ten years. In 2014, the average senior collection specialist earned $37,827 annually, but today, they earn $45,150 a year. That works out to a 8% change in pay for senior collection specialists over the last decade.
Compare senior collection specialist salaries for cities or states with the national average over time.
Average senior collection specialist salary over time
Compare senior collection specialist salaries for individual cities or states with the national average.
Senior collection specialist salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $45,200 | $21.71 | +2.9% |
| 2024 | $43,800 | $21.08 | +2.6% |
| 2023 | $42,700 | $20.52 | +1.9% |
| 2022 | $41,900 | $20.13 | -0.1% |
| 2021 | $41,900 | $20.14 | +2.6% |
Recently added senior collection specialist salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Umpqua Bank Corp | Senior Collections Specialist I (Non-Performing Asset) | Federal Way, WA | 06/20/2025 | $45,497 |
| M&T Bank | Senior Collections Specialist | Fine, NY | 06/18/2025 | $43,702 |
| Manpowergroup | Senior Collections Specialist | Downers Grove, IL | 06/14/2025 | $50,088 |
| The Douglaston Companies | Senior Legal and Collections Specialist | New York, NY | 06/12/2025 | $70,000 |
| Tierpoint, LLC | SR. Collections Specialist | Saint Louis, MO | 06/10/2025 | $54,000 |
| Aeriz | Senior Collections Specialist | Chicago, IL | 06/03/2025 | $66,784 |
| Factset Research Systems Inc. | Senior Collections Specialist | New York, NY | 05/28/2025 | $103,000 |
| Tierpoint, LLC | SR. Collections Specialist | Saint Louis, MO | 05/18/2025 | $54,000 |
| Manpowergroup | Senior Collections Specialist | Downers Grove, IL | 05/17/2025 | $50,088 |
| Carrington Mortgage | SR Escalation Collections Specialist (11Am-8Pm EST) | Westfield, MA | 05/14/2025 | $50,088 |
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