What are the main factors that influence a Collections Specialist'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 Collections Specialist?

The Construction industry offers the highest average compensation for Collections Specialist roles, with salaries approximately 25% above the market median.

How does experience change A Collections Specialist's salary?

A Collections Specialist's salary grows with experience: a Collections Representative I (0-1 years)earns $40,688, a Collections Specialist (1-3 years)earns $45,335, a Collections Representative III (3-5 years)earns $50,169, a Collections Supervisor (5+ years)earns $69,812, a VP of Collections (5+ years)earns $244,144,

What are the highest paying states for a Collections Specialist?

Collections Specialist salary varies significantly by state. The top 3 highest paying states for Collections Specialist roles are District of Columbia $49,967, California $49,777, Massachusetts $49,114. These tech hubs typically pay 10-15% above the national average.

How much do different types of Collections Specialist roles make?

Salaries for Collections Specialist level roles vary by specialization: Collections Specialist Supervisor: $67,700; Billing & Collections Specialist: $57,552; Account Specialist, Collections: $49,165; Mortgage Collections Specialist: $49,074; Senior Collections Specialist: $48,643.

Collections Specialist Salary in Delaware

How much does a Collections Specialist make in Delaware?

As of August 01, 2026, the average salary for a Collections Specialist in Delaware is $45,702 per year, which breaks down to an hourly rate of $22.

However, a Collections Specialist's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $55,255
Majority Range (25th-75th percentile): $41,519 to $50,702
Entry-Level (10th percentile): $37,710

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Collections Specialist Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$50,702	$4,225	$975	$24
Average	$45,702	$3,809	$879	$22
25th Percentile	$41,519	$3,460	$798	$20

You may get higher pay by adjusting the following factors:

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Check out Collections Specialist Job Openings in Delaware

Collections Specialist (Early Stage) - Hybrid

M&T Bank - Millsboro, DE

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WorkWave - Dover, DE

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WorkWave - Lewes, DE

Collections Specialist [Full Time - Work From Home]

YA Group - Dover, DE

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Key Factors That Influence Collections Specialist Salaries

A 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.

How Experience Level Affects Collections Specialist Salaries?

Experience is a primary driver of a Collections Specialist'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:

Entry-Level (less than 1 year): $40,688
Early Career (1-2 years): $45,335
Mid-Level (2-4 years): $50,169
Senior-Level (5-8 years): $69,812
Expert (over 8 years): $244,144

Levels	Salary
Collectio... Level Collections Specialist	$40,688
Collectio... Level Collections Specialist	$45,335
Collectio... Level Collections Specialist	$50,169
Collectio... Level Collections Specialist	$69,812
VP of Col... Level Collections Specialist	$244,144

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What Am I Worth?

How Do Collections Specialist 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 Collections Specialists. For example, consider the average annual salaries in these key locations:

District of Columbia: $49,967.
California: $49,777.
Massachusetts: $49,114.

District of Columbia $49,967 California $49,777 Massachusetts $49,114 Washington $48,933 New Jersey $48,915 Alaska $48,852 Connecticut $48,229 New York $47,977

Hawaii $47,169 Rhode Island $46,790 Maryland $46,533 Minnesota $46,181 Colorado $46,045 Illinois $46,000 Oregon $45,829 Delaware $45,702

New Hampshire $45,623 Virginia $45,445 Pennsylvania $44,926 Nevada $44,664 North Dakota $44,579 Michigan $44,443 Wisconsin $44,393 Vermont $44,294

Texas $44,019 Maine $44,001 Arizona $43,974 Ohio $43,942 Georgia $43,527 Indiana $43,319 Wyoming $43,279 Utah $43,216

Iowa $43,189 Kansas $42,972 Louisiana $42,909 North Carolina $42,886 Missouri $42,877 Florida $42,701 Montana $42,606 Nebraska $42,516

Kentucky $42,466 South Carolina $42,286 Tennessee $42,173 Idaho $42,128 New Mexico $41,799 Oklahoma $41,726 Alabama $41,460 South Dakota $41,013

Arkansas $40,770 West Virginia $40,639 Mississippi $40,246

Top Paying Cities for Collections Specialists

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:

Lincoln: $45,496
Little Creek: $45,830
Magnolia: $45,764

Lincoln, DE $45,496 Little Creek, DE $45,830 Magnolia, DE $45,764 Milford, DE $45,612 Marydel, DE $45,687 Millsboro, DE $45,306 Millville, DE $45,376 Milton, DE $45,454

Nassau, DE $45,487 Ocean View, DE $45,368 Rehoboth Beach, DE $45,455 Seaford, DE $45,481 Selbyville, DE $45,292 Smyrna, DE $45,861 Viola, DE $45,650 Woodside, DE $45,773

Bear, DE $45,667 Newark, DE $45,650 Claymont, DE $45,743 Delaware City, DE $45,695 Hockessin, DE $45,646 Kirkwood, DE $45,687 Middletown, DE $45,704 Montchanin, DE $45,656

New Castle, DE $45,663 Odessa, DE $45,727 Port Penn, DE $45,758 Rockland, DE $45,661 Saint Georges, DE $45,690 Townsend, DE $45,760 Winterthur, DE $45,666 Lewes, DE $45,472

Wilmington, DE $45,648 Dover, DE $45,830 Dover Afb, DE $45,588 Bethany Beach, DE $45,320 Bethel, DE $45,367 Bridgeville, DE $45,474 Camden Wyoming, DE $45,700 Cheswold, DE $45,815

Clayton, DE $45,816 Dagsboro, DE $45,288 Delmar, DE $45,216 Ellendale, DE $45,353 Felton, DE $45,608 Fenwick Island, DE $45,298 Frankford, DE $45,219 Frederica, DE $45,654

Georgetown, DE $45,271 Greenwood, DE $45,481 Harbeson, DE $45,320 Harrington, DE $45,551 Hartly, DE $45,692 Houston, DE $45,486 Kenton, DE $45,818 Laurel, DE $45,244

Yorklyn, DE $45,659

Collections Specialist Salary by Industry: Top Paying Sectors

For Collections Specialist roles, the industry you choose can affect earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the Construction and Business Services sectors offer the strongest compensation, at 25% above the average. In contrast, Collections Specialist positions in Media or Retail & Wholesale typically offer lower base pay, as these industries often view Collections Specialist as a support function rather than a direct revenue driver.

The top paying industries for a Collections Specialist

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Construction	$57,128	$27.0	25%
Business Services	$54,843	$26.0	20%
Energy & Utilities	$53,929	$26.0	18%
Biotechnology	$52,558	$25.0	15%
Aerospace & Defense	$51,187	$25.0	12%

Collections Specialist Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a 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.

Last Updated on August 01, 2026

$41,519

Average $45,702/year

$50,702

$3,460

Average $3,809/month

$4,225

$798

Average $879/week

$975

$20

Average $22/hour

$24

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$50,702	$4,225	$975	$24
Average	$45,702	$3,809	$879	$22
25th Percentile	$41,519	$3,460	$798	$20

Salaries of jobs related to Collections Specialist

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Ready to take the next step in your career? Browse thousands of current Collections Specialist job openings on our job board. Use the search bar below to find your perfect match.

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