What are the main factors that influence a Loan Collection Clerk I's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Loan Collection Clerk I?

The Financial Services industry offers the highest average compensation for Loan Collection Clerk I roles, with salaries approximately 20% above the market median.

How does experience change A Loan Collection Clerk 's salary?

A Loan Collection Clerk 's salary grows with experience: a Loan Collection Clerk I (0-1 years)earns $36,611, a Loan Collection Clerk II (1-3 years)earns $41,203, a Loan Collection Clerk III (3-5 years)earns $47,359,

What are the highest paying states for a Loan Collection Clerk I?

Loan Collection Clerk I salary varies significantly by state. The top 3 highest paying states for Loan Collection Clerk I roles are District of Columbia $43,765, California $43,599, Massachusetts $43,018. These tech hubs typically pay 10-15% above the national average.

How much do different types of Loan Collection Clerk roles make?

Salaries for Loan Collection Clerk level roles vary by specialization: Consumer Loan Collection Team Leader: $62,000; Consumer Loan Collection Supervisor I: $61,956; Loan Collection Administrative Clerk III: $51,140; Loan Collection Clerk III: $51,133; Loan Funding Clerk I: $50,445.

Loan Collection Clerk I Salary in New Mexico

How much does a Loan Collection Clerk I make in New Mexico?

As of August 01, 2026, the average salary for a Loan Collection Clerk I in New Mexico is $36,611 per year, which breaks down to an hourly rate of $18.

However, a Loan Collection Clerk I's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $41,953
Majority Range (25th-75th percentile): $33,753 to $39,407
Entry-Level (10th percentile): $31,150

10% $31,150

50% (Median) $36,611

90% $41,953

Loan Collection Clerk I Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$39,407	$3,284	$758	$19
Average	$36,611	$3,051	$704	$18
25th Percentile	$33,753	$2,813	$649	$16

Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

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Key Factors That Influence Loan Collection Clerk I Salaries

A Loan Collection Clerk I's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Loan Collection Clerk I Salaries?

Experience is a primary driver of a Loan Collection Clerk I's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Loan Collection Clerk I (0-1 years): $36,611
Loan Collection Clerk II (1-3 years): $41,203
Loan Collection Clerk III (3-5 years): $47,359

Job Role	Years of Experience	Average Salary
Loan Collection Clerk I	0-1 years	$36,611
Loan Collection Clerk II	1-3 years	$41,203
Loan Collection Clerk III	3-5 years	$47,359

View as Graph

How Do Loan Collection Clerk Is Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Loan Collection Clerk Is. For example, consider the average annual salaries in these key locations:

District of Columbia: $43,765.
California: $43,599.
Massachusetts: $43,018.

District of Columbia $43,765 California $43,599 Massachusetts $43,018 Washington $42,860 New Jersey $42,844 Alaska $42,789 Connecticut $42,244 New York $42,022

Hawaii $41,315 Rhode Island $40,983 Maryland $40,757 Minnesota $40,449 Colorado $40,330 Illinois $40,291 Oregon $40,141 Delaware $40,030

New Hampshire $39,960 Virginia $39,805 Pennsylvania $39,350 Nevada $39,121 North Dakota $39,046 Michigan $38,927 Wisconsin $38,884 Vermont $38,797

Texas $38,556 Maine $38,540 Arizona $38,516 Ohio $38,488 Georgia $38,125 Indiana $37,943 Wyoming $37,907 Utah $37,852

Iowa $37,828 Kansas $37,639 Louisiana $37,583 North Carolina $37,563 Missouri $37,556 Florida $37,401 Montana $37,318 Nebraska $37,239

Kentucky $37,196 South Carolina $37,038 Tennessee $36,939 Idaho $36,899 New Mexico $36,611 Oklahoma $36,548 Alabama $36,314 South Dakota $35,923

Arkansas $35,710 West Virginia $35,595 Mississippi $35,251

Top Paying Cities for Loan Collection Clerk I

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Algodones: $37,001
Belen: $36,795
Bernalillo: $37,066

Algodones, NM $37,001 Belen, NM $36,795 Bernalillo, NM $37,066 Bluewater, NM $36,288 Bosque, NM $36,524 Casa Blanca, NM $36,607 Cedar Crest, NM $37,097 Cedarvale, NM $35,642

Cerrillos, NM $37,027 Claunch, NM $35,510 Coyote, NM $36,482 Cuba, NM $36,423 Cubero, NM $36,688 Edgewood, NM $36,931 Estancia, NM $36,491 Gallina, NM $36,291

Counselor, NM $36,314 Grants, NM $36,246 Milan, NM $36,391 Isleta, NM $37,130 Jarales, NM $36,759 Jemez Pueblo, NM $36,823 Jemez Springs, NM $36,709 Laguna, NM $36,867

La Jara, NM $36,383 La Joya, NM $36,299 Lindrith, NM $36,255 Los Lunas, NM $36,990 Mcintosh, NM $36,692 Pueblo Of Acoma, NM $36,448 Moriarty, NM $36,569 Mountainair, NM $36,174

Nageezi, NM $36,265 New Laguna, NM $36,670 Paguate, NM $36,695 Pena Blanca, NM $37,105 Peralta, NM $37,048 Placitas, NM $37,067 Ponderosa, NM $36,776 Prewitt, NM $36,277

Regina, NM $36,302 Sandia Park, NM $37,004 Corrales, NM $37,143 San Fidel, NM $36,472 San Rafael, NM $36,317 Santo Domingo Pueblo, NM $37,004 San Ysidro, NM $36,954 Stanley, NM $36,563

Tijeras, NM $37,008 Tome, NM $36,940 Torreon, NM $36,817 Veguita, NM $36,522 Willard, NM $36,109 Youngsville, NM $36,492 Bosque Farms, NM $37,116 Clines Corners, NM $36,342

Cochiti Pueblo, NM $37,032 Cochiti Lake, NM $37,080 Albuquerque, NM $37,164 Kirtland Afb, NM $37,164 Rio Rancho, NM $37,103 Gallup, NM $36,329 Brimhall, NM $36,227 Church Rock, NM $36,244

Continental Divide, NM $36,218 Crownpoint, NM $36,248 Fence Lake, NM $36,086 Fort Wingate, NM $36,231 Gamerco, NM $36,292 Mentmore, NM $36,236 Mexican Springs, NM $36,231 Ramah, NM $36,165

Rehoboth, NM $36,255 Thoreau, NM $36,257 Tohatchi, NM $36,224 Vanderwagen, NM $36,231 Zuni, NM $36,223 Navajo, NM $36,272 Jamestown, NM $36,182 Pinehill, NM $36,137

Sheep Springs, NM $36,263 Smith Lake, NM $36,399 Yatahey, NM $36,250 Farmington, NM $36,425 Aztec, NM $36,492 Blanco, NM $36,321 Bloomfield, NM $36,278 Flora Vista, NM $36,462

Fruitland, NM $36,234 Kirtland, NM $36,463 La Plata, NM $36,476 Navajo Dam, NM $36,459 Shiprock, NM $36,409 Waterflow, NM $36,390 Newcomb, NM $36,241 Sanostee, NM $36,264

Santa Fe, NM $37,354 Abiquiu, NM $36,332 Alcalde, NM $36,965 Amalia, NM $36,277 Arroyo Hondo, NM $36,226 Arroyo Seco, NM $36,268 Canjilon, NM $36,220 Canones, NM $36,550

Carson, NM $36,365 Cebolla, NM $36,241 Cerro, NM $36,252 Chama, NM $36,400 Chamisal, NM $36,867 Chimayo, NM $37,126 Cordova, NM $37,063 Costilla, NM $36,429

Taos Ski Valley, NM $36,153 Dixon, NM $36,832 Dulce, NM $36,399 El Prado, NM $36,300 El Rito, NM $36,466 Embudo, NM $36,642 Espanola, NM $37,081 Glorieta, NM $37,210

Hernandez, NM $36,736 Ilfeld, NM $36,867 La Madera, NM $36,402 Lamy, NM $37,068 Llano, NM $36,792 Los Alamos, NM $37,156 White Rock, NM $37,226 Medanales, NM $36,777

Ojo Caliente, NM $36,561 Los Ojos, NM $36,311 Pecos, NM $37,094 Penasco, NM $36,656 Petaca, NM $36,186 Questa, NM $36,290 Ranchos De Taos, NM $36,482 Red River, NM $36,187

Ribera, NM $36,420 Rowe, NM $36,901 San Cristobal, NM $36,186 San Jose, NM $36,810 Ohkay Owingeh, NM $36,990 Santa Cruz, NM $37,113 Serafina, NM $36,327 Taos, NM $36,279

Tererro, NM $37,213 Tesuque, NM $37,354 Tierra Amarilla, NM $36,279 Trampas, NM $36,625 Tres Piedras, NM $36,176 Truchas, NM $36,959 Vadito, NM $36,607 Valdez, NM $36,213

Vallecitos, NM $36,184 Velarde, NM $36,776 Villanueva, NM $36,349 Spaceport City, NM $35,608 Las Vegas, NM $36,041 Angel Fire, NM $36,147 Anton Chico, NM $35,978 Buena Vista, NM $36,309

Chacon, NM $36,335 Cimarron, NM $36,091 Cleveland, NM $36,592 Eagle Nest, NM $36,118 Guadalupita, NM $36,279 Holman, NM $36,499 La Loma, NM $35,918 Maxwell, NM $36,103

Miami, NM $36,025 Mills, NM $35,897 Montezuma, NM $36,778 Mora, NM $36,644 Mosquero, NM $35,866 Ocate, NM $36,064 Ojo Feliz, NM $36,159 Rainsville, NM $36,318

Raton, NM $36,194 Rociada, NM $36,797 Roy, NM $35,905 Sapello, NM $36,477 Solano, NM $35,861 Springer, NM $36,009 Ute Park, NM $36,108 Valmora, NM $36,010

Wagon Mound, NM $35,969 Watrous, NM $36,023 Socorro, NM $35,939 Aragon, NM $36,048 Datil, NM $35,899 Lemitar, NM $36,106 Luna, NM $36,112 Magdalena, NM $35,902

Pie Town, NM $36,022 Polvadera, NM $36,193 Quemado, NM $36,097 Reserve, NM $36,032 San Acacia, NM $36,253 San Antonio, NM $35,740 Truth Or Consequences, NM $35,733 Arrey, NM $35,727

Caballo, NM $35,751 Derry, NM $35,570 Elephant Butte, NM $35,826 Garfield, NM $35,466 Hatch, NM $34,898 Monticello, NM $35,731 Rincon, NM $34,697 Salem, NM $35,356

Williamsburg, NM $35,778 Winston, NM $35,757 Las Cruces, NM $34,243 White Sands Missile Range, NM $34,355 Santa Teresa, NM $34,605 Playas, NM $35,898 Animas, NM $35,986 Anthony, NM $34,597

Arenas Valley, NM $35,923 Bayard, NM $35,889 Berino, NM $34,440 Buckhorn, NM $35,927 Santa Clara, NM $35,952 Chamberino, NM $34,476 Cliff, NM $35,885 Columbus, NM $35,789

Deming, NM $35,797 Dona Ana, NM $34,244 Fairacres, NM $34,347 Faywood, NM $35,780 Fort Bayard, NM $35,918 Gila, NM $35,832 Glenwood, NM $35,860 Hachita, NM $35,789

Hanover, NM $35,796 Hillsboro, NM $35,723 Hurley, NM $35,865 La Mesa, NM $34,898 Lordsburg, NM $35,872 Mesilla, NM $34,244 Mesilla Park, NM $34,247 Mesquite, NM $34,277

Mimbres, NM $35,825 Mule Creek, NM $35,921 Organ, NM $34,265 Pinos Altos, NM $35,884 Radium Springs, NM $34,258 Redrock, NM $35,793 Rodeo, NM $36,032 San Miguel, NM $34,264

Silver City, NM $35,885 Sunland Park, NM $34,421 Tyrone, NM $35,991 Vado, NM $34,291 Chaparral, NM $34,723 Clovis, NM $35,816 Cannon Afb, NM $35,737 Broadview, NM $35,712

Causey, NM $35,650 Crossroads, NM $35,566 Dora, NM $35,735 Elida, NM $35,587 Floyd, NM $35,673 Fort Sumner, NM $35,644 Grady, NM $35,746 House, NM $35,717

Kenna, NM $35,587 Lingo, NM $35,648 Melrose, NM $35,723 Milnesand, NM $35,573 Pep, NM $35,621 Portales, NM $35,752 Rogers, NM $35,631 Saint Vrain, NM $35,746

Taiban, NM $35,632 Texico, NM $35,760 Yeso, NM $35,503 Roswell, NM $35,544 Artesia, NM $35,614 Caprock, NM $35,542 Carlsbad, NM $35,638 Dexter, NM $35,569

Eunice, NM $35,669 Hagerman, NM $35,587 Hobbs, NM $35,721 Hope, NM $35,457 Jal, NM $35,627 Lake Arthur, NM $35,528 Lakewood, NM $35,581 Loco Hills, NM $35,647

Loving, NM $35,629 Lovington, NM $35,687 Mcdonald, NM $35,590 Malaga, NM $35,594 Maljamar, NM $35,559 Monument, NM $35,643 Tatum, NM $35,613 Whites City, NM $35,672

Carrizozo, NM $35,376 Alamogordo, NM $35,263 Alto, NM $35,381 Bent, NM $35,270 Capitan, NM $35,299 Cloudcroft, NM $35,266 Corona, NM $35,529 Encino, NM $35,815

Fort Stanton, NM $35,314 Glencoe, NM $35,288 High Rolls Mountain Park, NM $35,259 Holloman Air Force Base, NM $35,259 Hondo, NM $35,321 La Luz, NM $35,259 Lincoln, NM $35,218 Mayhill, NM $35,339

Mescalero, NM $35,275 Nogal, NM $35,426 Orogrande, NM $35,277 Picacho, NM $35,313 Pinon, NM $35,446 Ruidoso, NM $35,448 Ruidoso Downs, NM $35,400 Sacramento, NM $35,291

San Patricio, NM $35,332 Sunspot, NM $35,259 Timberon, NM $35,335 Tinnie, NM $35,293 Tularosa, NM $35,282 Vaughn, NM $35,670 Weed, NM $35,334 Tucumcari, NM $35,848

Amistad, NM $35,801 Bard, NM $35,744 Capulin, NM $36,149 Clayton, NM $35,871 Conchas Dam, NM $35,903 Cuervo, NM $35,731 Des Moines, NM $36,006 Folsom, NM $36,062

Garita, NM $35,835 Gladstone, NM $35,906 Grenville, NM $35,900 Logan, NM $35,846 Mcalister, NM $35,735 Nara Visa, NM $35,761 Newkirk, NM $35,801 Quay, NM $35,821

San Jon, NM $35,783 Santa Rosa, NM $35,821 Sedan, NM $35,834 Trementina, NM $35,833

Loan Collection Clerk I Salary by Company Size: Startups vs. Enterprise

Loan Collection Clerk I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $39,618. While startup companies pay approximate $33,540.

Loan Collection Clerk I Salary by Company Size

Company Size	Employees	Average Salary
Startup	1~50	$33,540
Growth Stage	51~500	$35,471
Established	501~5000	$38,265
Enterprise	5000+	$39,618

Loan Collection Clerk I Salary by Industry: Top Paying Sectors

For Loan Collection Clerk I roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 20% above the average. Conversely, Loan Collection Clerk positions in Business Services typically offer lower base pay, as this sector often view Loan Collection Clerk I as a support function rather than a direct revenue driver.

The top paying industry for a Loan Collection Clerk I

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Financial Services	$47,434	$23.0	20%

Loan Collection Clerk I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Loan Collection Clerk I's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

$33,753

Average $36,611/year

$39,407

$2,813

Average $3,051/month

$3,284

$649

Average $704/week

$758

$16

Average $18/hour

$19

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$39,407	$3,284	$758	$19
Average	$36,611	$3,051	$704	$18
25th Percentile	$33,753	$2,813	$649	$16

Loan Collection Clerk I Salary Growth & Career Path

Loan Collection Clerk I

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Loan Collection Clerk I, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Loan Collection Clerk I Salary Growth and Career Path
Next Step Role	Estimate Salary	Projected Raise
Consumer Loan Collector II	$41,122	12%
Consumer Loan Collection Recovery Rep. II	$40,100	10%
Loan Collection Clerk II	$41,203	13%
Mortgage Collector II	$50,102	37%

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Loan Collection Clerk I Salary in New Mexico

How much does a Loan Collection Clerk I make in New Mexico?

Key Factors That Influence Loan Collection Clerk I Salaries

How Experience Level Affects Loan Collection Clerk I Salaries?

How Do Loan Collection Clerk Is Salaries Vary from State to State?

Top Paying Cities for Loan Collection Clerk I

Loan Collection Clerk I Salary by Company Size: Startups vs. Enterprise

Loan Collection Clerk I Salary by Company Size

Loan Collection Clerk I Salary by Industry: Top Paying Sectors

The top paying industry for a Loan Collection Clerk I

Loan Collection Clerk I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Loan Collection Clerk I Salary Growth & Career Path

Find Your Next Loan Collection Clerk I Job

For Employees

For Employers

Cost of Living In New Mexico

Where Does Our Salary Data Come From?

Are you an HR manager or compensation specialist?

Loan Collection Clerk I Salary in New Mexico

How much does a Loan Collection Clerk I make in New Mexico?

Key Factors That Influence Loan Collection Clerk I Salaries

How Experience Level Affects Loan Collection Clerk I Salaries?

How Do Loan Collection Clerk Is Salaries Vary from State to State?

Top Paying Cities for Loan Collection Clerk I

Loan Collection Clerk I Salary by Company Size: Startups vs. Enterprise

Loan Collection Clerk I Salary by Company Size

Loan Collection Clerk I Salary by Industry: Top Paying Sectors

The top paying industry for a Loan Collection Clerk I

Loan Collection Clerk I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Loan Collection Clerk I Salary Growth & Career Path

Salaries of Jobs related to Loan Collection Clerk Is

Find Your Next Loan Collection Clerk I Job

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Cost of Living In New Mexico

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