How Much Does a Collections Associate Make in Minnesota?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Collections Associate in Minnesota is $48,545. While Salary.com is seeing that Collections Associate salary in MN can go up to $58,661 or down to $37,996, but most earn between $43,023 and $53,840. 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 Collections Associate by Company

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Company average base salary in (usd) range
24Restore
Collections
$49,983/yr
$45,295
$54,670
RANGE: $45,295 - $54,670
UnitedHealth Group
Associate Collections Representative - Remote in MN or WI
$50,159/yr
$45,477
$54,841
RANGE: $45,477 - $54,841
Tribal Operations
Collections Technician
$47,876/yr
$43,020
$52,732
RANGE: $43,020 - $52,732
Research & Diagnostic Systems, Inc.
Collections Specialist
$51,121/yr
$46,327
$55,915
RANGE: $46,327 - $55,915
$47,876/yr
$43,020
$52,732
RANGE: $43,020 - $52,732
Stratasys, Inc.
Collections Specialist
$51,033/yr
$46,247
$55,819
RANGE: $46,247 - $55,819
Channel | Your Partner in Funding
Collections Specialist
$43,604/yr
$39,514
$47,693
RANGE: $39,514 - $47,693
Slightpath Medical
Collections Specialist
$50,983/yr
$46,435
$55,531
RANGE: $46,435 - $55,531
nVent
Collections Specialist
$50,916/yr
$46,141
$55,691
RANGE: $46,141 - $55,691
Factory Mutual Insurance Company
Collections Associate
$50,642/yr
$45,893
$55,391
RANGE: $45,893 - $55,391

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Top 10 Highest Paying Cities For Collections Associate Jobs in Minnesota

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Collections Associate can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Collections Associate job salaries in Minnesota. Some cities can pay higher salaries for Collections Associate jobs, which can indicate that there is a large demand for Collections Associate positions in this city.
The following table shows top 10 cities where the Collections Associate salary is higher than other cities in Minnesota. Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka. The Collections Associate salary is $49,650 in Minneapolis, which is higher than the national average. There are 7 cities' Collections Associate salary higher than national average in Minnesota.
The average salary for a Collections Associate in Minnesota is $48,545, but we found that the city with the highest salary for Collections Associate jobs is Minneapolis, MN, and it is higher than Saint Paul. Collections Associate jobs in Minneapolis can have the opportunity to earn higher salaries than in other cities in Minnesota.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Minneapolis $49,650 $4,137 $955 $24
Saint Paul $49,650 $4,137 $955 $24
Minnetonka $49,650 $4,137 $955 $24
Eden Prairie $49,565 $4,130 $953 $24
Burnsville $49,508 $4,126 $952 $24
Lakeville $49,337 $4,111 $949 $24
Rochester $47,558 $3,963 $915 $23
Saint Cloud $46,799 $3,900 $900 $22
Duluth $45,504 $3,792 $875 $22

What Does a Collections Associate Do?

Top 5 collection associate interview questions with detailed tips for both hiring managers and candidates.
Updated December 10, 2021
A top-notch collection associate will be someone who can enact debt recovery plans and mitigate losses.
Updated December 01, 2021
Collection associates act as liaisons between creditors and customers to collect outstanding payments.
Updated November 27, 2021
To ensure success as a collection associate, you should demonstrate knowledge of the Fair Debt Collection Practices Act (FDCPA) and experience in a similar role.
Updated October 13, 2021

Frequently Asked Questions About a Collections Associate Salaries

What is the average of a Collections Associate in Minnesota?

The Collections Associate salary range is from $43,023 to $53,840, and the average Collections Associate salary is $48,545/year in Minnesota. The Collections Associate's salary will change in different locations.

Which location pays the highest Collections Associate salary in the United States?

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

What kinds of reasons will influence the Collections Associate'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 Collections Associate.

What is the growth rate of the Collections Associate's salary?

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