What are the main factors that influence a Collection Specialist's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Collection Specialist's salary?

A Collection Specialist's salary grows with experience: a Collections Representative I (0-1 years)earns $41,172, a Collection Specialist (1-3 years)earns $45,861, a Collections Representative III (3-5 years)earns $50,750, a Collections Supervisor (5+ years)earns $70,607, a VP of Collections (5+ years)earns $246,904,

What are the highest paying states for a Collection Specialist?

Collection Specialist salary varies significantly by state. The top 3 highest paying states for Collection Specialist roles are District of Columbia $48,637, California $48,453, Massachusetts $47,807. These tech hubs typically pay 10-15% above the national average.

How much do different types of Collection Specialist roles make?

Salaries for Collection Specialist level roles vary by specialization: Mortgage Collection Specialist III: $59,890; Field Collection Specialist: $59,553; Collection Resolution Specialist: $57,698; AR Collection Specialist: $50,201; Medical Collection Specialist: $44,708.

Collection Specialist Salary in Rhode Island

How much does a Collection Specialist make in Rhode Island?

As of May 01, 2026, the average salary for a Collection Specialist in Rhode Island is $45,545 per year, which breaks down to an hourly rate of $22.

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

Top Earners (90th percentile): $54,389
Majority Range (25th-75th percentile): $40,990 to $50,174
Entry-Level (10th percentile): $36,843

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Collection Specialist Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$50,174	$4,181	$965	$24
Average	$45,545	$3,795	$876	$22
25th Percentile	$40,990	$3,416	$788	$20

You may get higher pay by adjusting the following factors:

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Key Factors That Influence Collection Specialist Salaries

A Collection 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 Collection Specialist Salaries?

Experience is a primary driver of a Collection 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): $41,172
Early Career (1-2 years): $45,861
Mid-Level (2-4 years): $50,750
Senior-Level (5-8 years): $70,607
Expert (over 8 years): $246,904

Levels	Salary
Collectio... Level Collection Specialist	$41,172
Collectio... Level Collection Specialist	$45,861
Collectio... Level Collection Specialist	$50,750
Collectio... Level Collection Specialist	$70,607
VP of Col... Level Collection Specialist	$246,904

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What Am I Worth?

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

District of Columbia: $48,637.
California: $48,453.
Massachusetts: $47,807.

District of Columbia $48,637 California $48,453 Massachusetts $47,807 Washington $47,631 New Jersey $47,614 Alaska $47,552 Connecticut $46,946 New York $46,700

Hawaii $45,914 Rhode Island $45,545 Maryland $45,294 Minnesota $44,952 Colorado $44,820 Illinois $44,776 Oregon $44,609 Delaware $44,486

New Hampshire $44,409 Virginia $44,235 Pennsylvania $43,730 Nevada $43,476 North Dakota $43,392 Michigan $43,260 Wisconsin $43,212 Vermont $43,115

Texas $42,847 Maine $42,830 Arizona $42,803 Ohio $42,773 Georgia $42,369 Indiana $42,166 Wyoming $42,127 Utah $42,065

Iowa $42,039 Kansas $41,828 Louisiana $41,767 North Carolina $41,745 Missouri $41,736 Florida $41,565 Montana $41,472 Nebraska $41,385

Kentucky $41,336 South Carolina $41,161 Tennessee $41,051 Idaho $41,007 New Mexico $40,686 Oklahoma $40,616 Alabama $40,357 South Dakota $39,922

Arkansas $39,685 West Virginia $39,557 Mississippi $39,175

Top Paying Cities for Collection 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:

Adamsville: $46,114
Albion: $45,724
Ashaway: $46,026

Adamsville, RI $46,114 Albion, RI $45,724 Ashaway, RI $46,026 Barrington, RI $45,604 Block Island, RI $45,858 Bradford, RI $45,999 Bristol, RI $45,780 Carolina, RI $45,923

Charlestown, RI $45,939 Chepachet, RI $45,848 Clayville, RI $45,720 Coventry, RI $45,722 West Greenwich, RI $45,849 East Greenwich, RI $45,692 Exeter, RI $45,836 Fiskeville, RI $45,603

Forestdale, RI $45,954 Foster, RI $45,824 Glendale, RI $45,958 Greene, RI $45,884 Greenville, RI $45,621 Harmony, RI $45,679 Harrisville, RI $45,938 Hope, RI $45,632

Hope Valley, RI $45,986 Hopkinton, RI $46,047 Jamestown, RI $45,893 Kenyon, RI $45,917 Little Compton, RI $46,107 Manville, RI $45,784 Mapleville, RI $45,857 Newport, RI $45,939

Middletown, RI $45,959 North Kingstown, RI $45,770 North Scituate, RI $45,680 Oakland, RI $45,907 Pascoag, RI $45,968 Pawtucket, RI $45,536 Central Falls, RI $45,556 Cumberland, RI $45,815

Lincoln, RI $45,602 Portsmouth, RI $45,934 Prudence Island, RI $45,840 Rockville, RI $46,040 Saunderstown, RI $45,865 Shannock, RI $45,920 Slatersville, RI $45,955 Slocum, RI $45,864

Tiverton, RI $46,074 Wakefield, RI $45,904 Kingston, RI $45,887 Narragansett, RI $45,917 Peace Dale, RI $45,899 Warren, RI $45,722 Warwick, RI $45,594 Westerly, RI $46,037

West Kingston, RI $45,901 West Warwick, RI $45,650 Wood River Junction, RI $45,967 Woonsocket, RI $45,957 North Smithfield, RI $45,852 Wyoming, RI $45,920 Providence, RI $45,523 Cranston, RI $45,529

North Providence, RI $45,534 East Providence, RI $45,526 Riverside, RI $45,540 Rumford, RI $45,534 Smithfield, RI $45,626 Johnston, RI $45,549

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

Understanding how a Collection 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 May 01, 2026

$40,990

Average $45,545/year

$50,174

$3,416

Average $3,795/month

$4,181

$788

Average $876/week

$965

$20

Average $22/hour

$24

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$50,174	$4,181	$965	$24
Average	$45,545	$3,795	$876	$22
25th Percentile	$40,990	$3,416	$788	$20

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