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As of August 01, 2026, the average salary for a Billing & Collections Specialist in New Mexico is $53,305 per year, which breaks down to an hourly rate of $26.
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 | $57,886 | $4,824 | $1,113 | $28 |
| Average | $53,305 | $4,442 | $1,025 | $26 |
| 25th Percentile | $48,572 | $4,048 | $934 | $23 |
Parnall Law - Albuquerque, NM
Elite Dermatology - Las Cruces, NM
WorkWave - Las Cruces, NM
WorkWave - Clovis, NM
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 | $74,627 | $36.0 | 40% |
| Financial Services | $69,296 | $33.0 | 30% |
| Energy & Utilities | $63,966 | $31.0 | 20% |
| Healthcare | $58,635 | $28.0 | 10% |
| Insurance | $55,970 | $27.0 | 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 | $57,886 | $4,824 | $1,113 | $28 |
| Average | $53,305 | $4,442 | $1,025 | $26 |
| 25th Percentile | $48,572 | $4,048 | $934 | $23 |
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.
WorkWave
Farmington, NM
WorkWave | Farmington, NM
[Accounts Receivable / Remote] - Anywhere in U.S. / Up to $54,000-yr / Robust Health-Dental-Vision / 401k with company match / Flexible Time Off / EAP / Tu... more
6 Days Ago
WorkWave
Alamogordo, NM
WorkWave | Alamogordo, NM
[Accounts Receivable / Remote] - Anywhere in U.S. / Up to $54,000-yr / Robust Health-Dental-Vision / 401k with company match / Flexible Time Off / EAP / Tu... more
6 Days Ago
WorkWave
Carlsbad, NM
WorkWave | Carlsbad, NM
[Accounts Receivable / Remote] - Anywhere in U.S. / Up to $54,000-yr / Robust Health-Dental-Vision / 401k with company match / Flexible Time Off / EAP / Tu... more
6 Days Ago
WorkWave
Hobbs, NM
WorkWave | Hobbs, NM
[Accounts Receivable / Remote] - Anywhere in U.S. / Up to $54,000-yr / Robust Health-Dental-Vision / 401k with company match / Flexible Time Off / EAP / Tu... more
6 Days Ago
WorkWave
Albuquerque, NM
WorkWave | Albuquerque, NM
[Accounts Receivable / Remote] - Anywhere in U.S. / Up to $54,000-yr / Robust Health-Dental-Vision / 401k with company match / Flexible Time Off / EAP / Tu... more
6 Days Ago
WorkWave
Santa Fe, NM
WorkWave | Santa Fe, NM
[Accounts Receivable / Remote] - Anywhere in U.S. / Up to $54,000-yr / Robust Health-Dental-Vision / 401k with company match / Flexible Time Off / EAP / Tu... more
6 Days Ago
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