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As of August 01, 2026, the average salary for a Collections Manager in New Mexico is $103,353 per year, which breaks down to an hourly rate of $50.
However, a Collections Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Collections Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $113,898 | $9,491 | $2,190 | $55 |
| Average | $103,353 | $8,613 | $1,988 | $50 |
| 25th Percentile | $92,340 | $7,695 | $1,776 | $44 |
State Employees Credit Union - Santa Fe, NM
Nusenda - Albuquerque, NM
MCI Careers - Las Cruces, NM
Johnstone Supply - Albuquerque, NM
A Collections Manager'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.
Experience is a primary driver of a Collections Manager'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:
| Levels | Salary |
|---|---|
| Credit an... Level Collections Manager | $74,168 |
| Credit an... Level Collections Manager | $68,872 |
| Collectio... Level Collections Manager | $102,578 |
| Credit an... Level Collections Manager | $147,899 |
| VP of Cre... Level Collections Manager | $184,962 |
What Am I Worth?
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 Collections Managers. 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 Collections Manager roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Energy & Utilities sectors offer the strongest compensation, at 25% above the average. In contrast, Collections Manager positions in Edu., Gov't. & Nonprofit or MFG Nondurable typically offer lower base pay, as these industries often view Collections Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $129,191 | $62.0 | 25% |
| Energy & Utilities | $113,688 | $55.0 | 10% |
| Financial Services | $113,688 | $55.0 | 10% |
| Pharmaceuticals | $113,688 | $55.0 | 10% |
| Aerospace & Defense | $108,520 | $52.0 | 5% |
Understanding how a Collections Manager'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 | $113,898 | $9,491 | $2,190 | $55 |
| Average | $103,353 | $8,613 | $1,988 | $50 |
| 25th Percentile | $92,340 | $7,695 | $1,776 | $44 |
Ready to take the next step in your career? Browse thousands of current Collections Manager job openings on our job board. Use the search bar below to find your perfect match.
MCI
Las Cruces, NM
MCI | Las Cruces, NM
Collections Representative. MCI is one of the fastest-growing tech-enabled business services companies in the USA, with a strong call center footprint and ... more
5 Days Ago
MCI Careers
Las Cruces, NM
MCI Careers | Las Cruces, NM
Job Description. Job Description. Overview. MCI is one of the fastest-growing tech-enabled business services companies in the USA, with a strong call cente... more
5 Days Ago
Manpower
Las Cruces, NM
Manpower | Las Cruces, NM
Manpower - - Responsibilities: Assist customers with utility account inquiries, billing questions, and payment processing. Process customer payments and ma... more
5 Days Ago
South Central Solid Waste Authority
Las Cruces, NM
South Central Solid Waste Authority | Las Cruces, NM
Community Collections Supervisor Salary Range:$23.2699 - $32.7821 Hourly (mid) Position Grade:G-10 Job Type:Full-Time Regular/ Exempt Location:Las Cruces/D... more
6 Days Ago
Government Jobs
Las Cruces, NM
Government Jobs | Las Cruces, NM
Nature of Work. Inspects, maintains, repairs and operates the City's wastewater system. ENVIRONMENTAL FACTORS. Position functions outdoors with exposure to... more
6 Days Ago
MCI
Las Cruces, NM
MCI | Las Cruces, NM
Outbound Collections Openings. Join our team and grow with us. We need collections agents to respectfully recover past due consumer accounts. In this role,... more
2 Days Ago
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