How Much Does a Collection Specialist Make?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Collection Specialist in the United States is $47,439. While Salary.com is seeing that Collection Specialist salary in the US can go up to $57,325 or down to $37,131, but most earn between $42,043 and $52,614. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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Similar Job Salaries to Collection Specialist by Company

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Company average base salary in (usd) range
Bexar County, TX
Collection Specialist
$49,015/yr
$44,337
$53,693
RANGE: $44,337 - $53,693
Baber's Rent To Own
Collection Specialist
$45,157/yr
$40,922
$49,392
RANGE: $40,922 - $49,392
ProCollect Inc.
Collection Specialist
$48,234/yr
$43,711
$52,758
RANGE: $43,711 - $52,758
BENCHMARK CU SERVICES INC
Collection Specialist
$48,757/yr
$44,184
$53,329
RANGE: $44,184 - $53,329
Atlantic General Hospital
Collection Specialist
$51,536/yr
$46,703
$56,369
RANGE: $46,703 - $56,369
Orkin LLC
Collection Specialist
$47,654/yr
$43,086
$52,223
RANGE: $43,086 - $52,223
Fraley & Schilling
Collection Specialist
$45,934/yr
$41,626
$50,241
RANGE: $41,626 - $50,241
Revco Solutions
Collection Specialist
$47,614/yr
$43,149
$52,079
RANGE: $43,149 - $52,079
Legacy Community Health
Collection Specialist
$48,757/yr
$44,184
$53,329
RANGE: $44,184 - $53,329
RSKS ADMINISTRATIVE SERVICES INC
Collection Specialist
$45,934/yr
$41,626
$50,241
RANGE: $41,626 - $50,241

Open Collection Specialist Jobs in the United States

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What Does a Collection Specialist Do?

We have an excellent opportunity for a self-driven and competent Collection Specialist responsible for all aspects of collections, resolving customer billing and reduction of Days Sales Outstanding (DSO).
Updated December 20, 2021
As you’re seeking employment as a collections specialist, it’s important to hone and highlight relevant skills.
Updated December 20, 2021
In addition, collection specialist should have above-average listening skills and be empathetic toward those who relate stories of personal and financial difficulties.
Updated December 18, 2021
Collections Specialists are generally responsible for managing and collection all the outstanding accounts receivables form clients and customers.
Updated December 17, 2021
Collection specialists should be able to work independently, make quick decisions, and adhere to schedules.
Updated December 08, 2021

Frequently Asked Questions About a Collection Specialist Salaries

What is the average of a Collection Specialist in the United States?

The Collection Specialist salary range is from $42,043 to $52,614, and the average Collection Specialist salary is $47,439/year in the United States. The Collection Specialist's salary will change in different locations.

Which location pays the highest Collection Specialist salary in the United States?

The Collection Specialist salary in San Jose, CA is $59,835 which is the highest in the US.

What kinds of reasons will influence the Collection Specialist's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Collection Specialist.

What is the growth rate of the Collection Specialist's salary?

If you are thinking of becoming a Collection Specialist or planning the next step in your career, find the detailed salary report of a Collection Specialist.

Recent Salary Report

Below are the most recent Collection Specialist salary reports. Employer name has been removed to protect anonymity.

$24 Hourly
A Collection Specialist in Mesa, AZ reported making $24 per hour
Mesa, AZ
7,6 - 15,000 employees
Part-Time
Company - Public
$43,242 Yearly
A Collection Specialist in Norfolk, VA reported making $43,242 per year
Norfolk, VA
6 - 1,000 employees
Full-Time
Company - Private
$23 Hourly
A Collection Specialist in Sparks, NV reported making $23 per hour
Sparks, NV
3,000 - 7,6 employees
Part-Time
Company - Public
$3,460 Monthly
A Collection Specialist in Waco, TX reported making $3,460 per month
Waco, TX
1,000 - 3,000 employees
Full-Time
Company - Public
$40,994 Yearly
A Collection Specialist in Narragansett, RI reported making $40,994 per year
Narragansett, RI
100 - 200 employees
Full-Time
Company - Private
$40,994 Yearly
A Collection Specialist in Clarksville, TN reported making $40,994 per year
Clarksville, TN
200 - 6 employees
Full-Time
Company - Private