As of April 01, 2025, the average annual salary for a VP of Collections in Maryland is $250,982. According to Salary.com, salaries can range from a low of $173,753 to a high of $360,735, with most professionals earning between $210,557 and $308,431.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $299,128 | $24,927 | $5,752 | $144 |
| Average | $243,412 | $20,284 | $4,681 | $117 |
| 25th Percentile | $204,206 | $17,017 | $3,927 | $98 |
An entry-level VP of Collections with under 1 year experience makes about $217,932. With less than 2 years of experience, a mid-level VP of Collections makes around $221,489. After 2-4 years, the VP of Collections pay rises to about $226,233. Those senior VP of Collections with 5-8 years of experience earn roughly $233,348, and those VP of Collections having 8 years or more experience are expected to earn about $242,241 on average.
| Levels | Salary |
|---|---|
| Entry Level VP of Collections | $217,932 |
| Intermediate Level VP of Collections | $221,489 |
| Senior Level VP of Collections | $226,233 |
| Specialist Level VP of Collections | $233,348 |
| Expert Level VP of Collections | $242,241 |
| Entry Level | 10% |
| Mid Level | 9% |
| Senior Level | 7% |
| Top Level | 4% |
| Experienced | 0% |
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VP of Collections salary varies from city to city. Compared with national average salary of VP of Collections, the highest VP of Collections salary is in San Francisco, CA, where the VP of Collections salary is 24.9% above. The lowest VP of Collections salary is in Miami, FL, where the VP of Collections salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $303,997 |
24.9%
|
| Washington, DC | $269,505 |
10.7%
|
| Miami, FL | $233,870 |
|
| Chicago, IL | $251,542 |
3.3%
|
| Boston, MA | $271,477 |
11.5%
|
| New York, NY | $282,090 |
15.9%
|
