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As of August 01, 2026, the average salary for a Billing & Collections Specialist in Indiana is $55,244 per year, which breaks down to an hourly rate of $27.
However, a Billing & Collections Specialist's salary can vary significantly. Here’s a look at the typical salary range:
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Billing & Collections Specialist Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $59,993 | $4,999 | $1,154 | $29 |
| Average | $55,244 | $4,604 | $1,062 | $27 |
| 25th Percentile | $50,340 | $4,195 | $968 | $24 |
Search Solution Group - Carmel, IN
Krieg DeVault LLP - Indianapolis, IN
Indiana Internal Medicine Consultants - Greenwood, IN
Padgett - Indianapolis, IN
A Billing & Collections Specialist'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.
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 Billing & Collections Specialists. For example, consider the average annual salaries in these key locations:
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:
For Billing & Collections Specialist roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Financial Services sectors offer the strongest compensation, at 40% above the average. In contrast, Billing & Collections Specialist positions in Telecom or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Billing & Collections Specialist as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $77,342 | $37.0 | 40% |
| Financial Services | $71,817 | $35.0 | 30% |
| Energy & Utilities | $66,293 | $32.0 | 20% |
| Healthcare | $60,769 | $29.0 | 10% |
| Insurance | $58,006 | $28.0 | 5% |
Understanding how a Billing & Collections Specialist'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $59,993 | $4,999 | $1,154 | $29 |
| Average | $55,244 | $4,604 | $1,062 | $27 |
| 25th Percentile | $50,340 | $4,195 | $968 | $24 |
Ready to take the next step in your career? Browse thousands of current Billing & Collections Specialist job openings on our job board. Use the search bar below to find your perfect match.
CFS
Zionsville, IN
CFS | Zionsville, IN
Billing SpecialistLocation: Fully On Site in Zionsville, INA growing construction company is seeking a Billing Specialist with strong AIA billing experienc... more
5 Days Ago
CFS
Indianapolis, IN
CFS | Indianapolis, IN
Billing SpecialistLocation: Fully On Site in Indianapolis, INA growing construction company is seeking a Billing Specialist with strong AIA billing experie... more
5 Days Ago
LHH
Indianapolis, IN
LHH | Indianapolis, IN
Billing SpecialistLocation:Indianapolis, IN Pay Rate:$24$28/hour Employment Type:Contract-to-Hire Work Arrangement:OnsiteJob Summary:We are seeking an expe... more
5 Days Ago
In Touch Pharmaceuticals
Valparaiso, IN
In Touch Pharmaceuticals | Valparaiso, IN
Job Description. Job Description. Billing Specialist. Position Summary. The Billing Specialist is responsible for ensuring that all client profiles and cus... more
5 Days Ago
Beacon Health System
Granger, IN
Beacon Health System | Granger, IN
Billing Specialist (Remote)Granger-IN-46530-United StatesBilling Specialist Representative is responsible for following up directly with commercial and gov... more
2 Days Ago
Dynasty Properties
Gary, IN
Dynasty Properties | Gary, IN
Job Overview We are seeking a dedicated and results-driven Collection Specialist to join our team.The successful candidate will be responsible for collecti... more
1 Day Ago
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