Debt Collector salary

Average debt collector salary

$16.28

$33,865 yearly

Entry-level debt collector salary
$26,000 yearly salary
Updated January 8, 2025

How much does a debt collector make?

The average debt collector salary in the United States is $33,865. Debt collector salaries typically range between $26,000 and $43,000 yearly. The average hourly rate for debt collectors is $16.28 per hour.

Debt collector salary is impacted by location, education, and experience. Debt collectors earn the highest average salary in California.

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Where can a Debt Collector earn more?

Compare salary by location
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Vs
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57k
37k
17k
-3k
Reading, PA$43,385
Charleston, WV$27,272
Compare salary by company
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Vs
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64k
44k
24k
4k
Mayor Ethan Berkowitz$38,898
Neighbors Credit Union$34,257

Debt Collector Salaries By Experience Level

Debt Collector salary estimates from across the web

Based on the latest salary information compiled by Zippia, Salary.com, Indeed, Glassdoor, Ziprecruiter and CareerExplorer, the average salary for a debt collector typically falls between $33,865 and $50,392.
zippia
$33,865yearly
glassdoor[1]
$41,000yearly
indeed[2]
$39,715yearly
Salary.com[3]
$50,392yearly
ZipRecruiter[4]
$39,653yearly
CareerExplorer[5]
$37,700yearly

Average debt collector salary by state

The average debt collector salary in California, Washington, and Virginia are the highest in the U.S. The lowest average debt collector salary states are Arkansas, Delaware, and Kansas.

  • State View
  • County View
Average Salary:

Highest paying states for debt collectors

Rank
ascdesc
State
ascdesc
Avg. Salary
ascdesc
Hourly Rate
ascdesc
1Washington$42,112$20.25
2New Jersey$40,272$19.36
3Maryland$39,849$19.16
4District of Columbia$44,636$21.46
5Virginia$41,483$19.94
6California$42,856$20.60
7Alaska$40,730$19.58
8Massachusetts$39,471$18.98
9Colorado$37,743$18.15
10Idaho$38,995$18.75
11Georgia$34,988$16.82
12Wisconsin$36,577$17.59
13Rhode Island$34,623$16.65
14Missouri$34,188$16.44
15New York$36,659$17.62
16Pennsylvania$32,583$15.66
17Texas$33,330$16.02
18Nevada$34,432$16.55
19North Dakota$34,845$16.75
20Minnesota$33,996$16.34
21Montana$35,704$17.17
22Oregon$34,031$16.36
23Mississippi$35,582$17.11
24Tennessee$31,515$15.15
25Connecticut$35,672$17.15
26Alabama$33,322$16.02
27Vermont$33,391$16.05
28Wyoming$34,145$16.42
29New Hampshire$32,599$15.67
30Utah$31,219$15.01
31Arizona$31,468$15.13
32Florida$31,444$15.12
33Kentucky$30,271$14.55
34Iowa$31,138$14.97
35Ohio$30,777$14.80
36North Carolina$31,322$15.06
37Illinois$32,796$15.77
38Michigan$31,123$14.96
39Arkansas$29,465$14.17
40Maine$31,734$15.26
41Hawaii$36,130$17.37
42Indiana$30,400$14.62
43New Mexico$31,716$15.25
44Nebraska$29,784$14.32
45Louisiana$30,653$14.74
46South Carolina$29,991$14.42
47Kansas$29,131$14.01
48Delaware$29,341$14.11
49Oklahoma$28,827$13.86
50West Virginia$27,618$13.28
51South Dakota$26,704$12.84

Highest paying cities for debt collectors

The highest-paying cities for debt collectors are San Francisco, CA, Vancouver, WA, and Anchorage, AK.

Rank
ascdesc
City
ascdesc
Avg. Salary
ascdesc
Hourly Rate
ascdesc
1San Francisco, CA$43,385$20.86
2Vancouver, WA$42,411$20.39
3Anchorage, AK$40,832$19.63
4Denver, CO$37,781$18.16
5Buffalo, NY$36,095$17.35
6Missoula, MT$36,067$17.34
7Atlanta, GA$35,009$16.83
8Kansas City, MO$34,505$16.59
9Las Vegas, NV$34,366$16.52
10San Antonio, TX$33,726$16.21
11Memphis, TN$31,756$15.27
12Lakeland, FL$31,562$15.17
13Glendale, AZ$31,459$15.12
14Cleveland, OH$31,407$15.10
15West Des Moines, IA$31,104$14.95
16Kalamazoo, MI$30,763$14.79
17Covington, KY$30,498$14.66
18Greenville, SC$30,027$14.44
19Omaha, NE$29,702$14.28
20Charleston, WV$27,272$13.11

Debt Collector salary details

A debt collector's salary ranges from $26,000 a year at the 10th percentile to $43,000 at the 90th percentile.

Average Debt Collector Salary Graph
Average Debt Collector Salary Graph, Trends, and Summary

What is a debt collector's salary?

Percentile
ascdesc
Annual Salary
ascdesc
Monthly Salary
ascdesc
Hourly Rate
ascdesc
90th Percentile$43,000$3,583$21
75th Percentile$38,000$3,167$18
Average$33,865$2,822$16
25th Percentile$29,000$2,417$14
10th Percentile$26,000$2,167$13

Highest paying debt collector jobs

The highest paying types of debt collectors are senior collector, collection team lead, and recovery specialist.

Job Title
ascdesc
Annual Salary
ascdesc
Monthly Salary
ascdesc
Hourly Rate
ascdesc
Job Openings
ascdesc
Account Representative$36,977$3,081$17.78183,446
Collections/Accounts Receivable$38,949$3,246$18.7330,523
Collections, Customer Service$32,870$2,739$15.80161,544
Collections Representative$34,015$2,835$16.3585,275
Collection Agent$32,689$2,724$15.7247,837
Medical Collector$36,235$3,020$17.4273,797

Top companies hiring debt collectors now:

  1. Wells Fargo Jobs (48)
  2. Bank of America Jobs (52)
  3. Citi Jobs (92)
  4. Franklin Service Jobs (71)
  5. IC System Jobs (167)

Which companies pay debt collectors the most?

Debt collector salaries at Mayor Ethan Berkowitz and Waste Connections are the highest-paying according to our most recent salary estimates. In addition, the average debt collector salary at companies like ABB and MUFG EMEA are highly competitive.

Rank
ascdesc
Company
ascdesc
Average Salary
ascdesc
Hourly Rate
ascdesc
1Mayor Ethan Berkowitz$38,898$18.70
2Waste Connections$36,955$17.77
3ABB$36,896$17.74
4MUFG EMEA$36,601$17.60
5Chubb$36,366$17.48
6Spruce Power$35,678$17.15
7First Investors Financial Services Group, Inc.$35,537$17.09
8Beyond Finance$35,533$17.08
9Huntington Hospital$35,518$17.08
10Cyprus Credit Union Inc.$35,488$17.06
11Mercantile Adjustment Bureau$35,247$16.95
12Performance Food Group$35,144$16.90
13Vinebrook Homes$35,114$16.88
14TD Bank$35,068$16.86
15RSI Enterprises$34,887$16.77
16Spectrum$34,775$16.72
17Long Island Plastic Surgical Group$34,597$16.63
18Southern Glazer's$34,530$16.60
19Randstad North America, Inc.$34,269$16.48
20Neighbors Credit Union$34,257$16.47

Wage gap by gender, race and education

$36,000$35,400$34,800$34,200$33,600$33,000
MaleFemale

Debt Collector salary by industry

The average debt collector salary varies across industries:

  • The average debt collector salary in the construction industry is $34,803, the highest of any industry.
  • The average debt collector salary in the finance industry is $34,423.
  • Debt collectors in the professional industry earn an average salary of $31,826, the lowest of any industry.

Highest paying industries for debt collectors

Rank
ascdesc
Industry
ascdesc
Average Salary
ascdesc
Hourly Rate
ascdesc
1Construction$34,803$16.73
2Finance$34,423$16.55
3Retail$33,953$16.32
4Manufacturing$33,847$16.27
5Technology$33,017$15.87
6Health Care$32,501$15.63
7Professional$31,826$15.30

High Paying Debt Collector Jobs

Debt Collector salary trends

The average debt collector salary has risen by $5,493 over the last ten years. In 2014, the average debt collector earned $28,372 annually, but today, they earn $33,865 a year. That works out to a 8% change in pay for debt collectors over the last decade.

Compare debt collector salaries for cities or states with the national average over time.

Average debt collector salary over time

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

  • National Average
  • Reading, PA

Debt Collector salary by year

Year
ascdesc
Avg. Salary
ascdesc
Hourly Rate
ascdesc
% Change
ascdesc
2025$33,900$16.28+2.9%
2024$32,900$15.81+2.6%
2023$32,000$15.39+1.9%
2022$31,400$15.10-0.1%
2021$31,400$15.11+2.6%

Recently added debt collector salaries

Company
ascdesc
Job
ascdesc
Location
ascdesc
Date Added
ascdesc
Salary
ascdesc
Zwicker & Associates, P.CCustomer Service/Debt CollectorAndover, MA12/17/2024$35,479
YohYOH | Debt Collector TXSan Antonio, TX12/16/2024$43,827
Darby Dental SupplyCollections ClerkDeerfield Beach, FL12/16/2024$43,827
ChukchansigoldCredit & Collections ClerkCoarsegold, CA12/15/2024$43,000
County of RiversideAdmissions & Collections Clerk-CHCBanning, CA12/13/2024$50,000
Apex SystemsDebt CollectorPhoenix, AZ12/12/2024$41,740
Credit Control LLCCall Center Debt CollectionsBridgeton, MO12/12/2024$43,200
YohDebt CollectorPhoenix, AZ12/12/2024$41,740
Aston CarterAccounting/Collections ClerkNeenah, WI12/12/2024$39,653
Chukchansi GoldCredit & Collections ClerkCoarsegold, CA12/12/2024$43,000

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