Credit And Collection Analyst Salary in the United States

How much does a Credit And Collection Analyst make in the United States?

As of September 01, 2026, the average salary for a Credit And Collection Analyst in the United States is $49,240 per year, which breaks down to an hourly rate of $24.

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

  • Top Earners (90th percentile): $59,881
  • Majority Range (25th-75th percentile): $42,759 to $54,810
  • Entry-Level (10th percentile): $36,859

Key Factors That Influence Credit And Collection Analyst Salaries

A Credit And Collection Analyst'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 Credit And Collection Analyst Salaries?

Experience is a primary driver of a Credit And Collection Analyst'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): $43,194
  • Early Career (1-2 years): $49,690
  • Mid-Level (2-4 years): $57,092
  • Senior-Level (5-8 years): $74,104
  • Expert (over 8 years): $110,353
Levels Salary
Credit an... Level Credit And Collection Analyst$43,194
Credit An... Level Credit And Collection Analyst$49,690
Credit an... Level Credit And Collection Analyst$57,092
Credit an... Level Credit And Collection Analyst$74,104
Credit an... Level Credit And Collection Analyst$110,353

How Do Credit And Collection Analyst 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 Credit And Collection Analysts. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $54,519.
  • California: $54,312.
  • Massachusetts: $53,588.

Top Paying Cities for Credit And Collection Analysts

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:

  • San Jose: $62,107
  • San Francisco: $61,427
  • Oakland: $60,132

What Skills Can Increase a Credit And Collection Analyst's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 16.62% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  • Call Center (Mentioned in 2.96% Job Postings): A call centre or call center is a managed capability that can be centralised or remote that is used for receiving or transmitting a large volume of enquiries by telephone.
  • Bankruptcy (Mentioned in 1.37% Job Postings): Bankruptcy helps people who can no longer pay their debts get a fresh start by liquidating assets to pay their debts or by creating a repayment plan.
Skills Demand Percentage
Customer Service 16.62%
Call Center 2.96%
Bankruptcy 1.37%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Credit And Collection Analyst's salary.

  • Patient Care: Can increase your salary by up to 15%.
  • Collaboration: Can increase your salary by up to 8%.
  • ERP: Can increase your salary by up to 8%.
Skill Salary Salary % Increase
Patient Care $56,626
15%
Collaboration $53,179
8%
ERP $53,179
8%

Credit And Collection Analyst Salary by Industry: Top Paying Sectors

For Credit And Collection Analyst roles, the industry you choose can affect earning potential by as much as 95% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Energy & Utilities sectors offer the strongest compensation, at 40% above the average. In contrast, Credit And Collection Analyst positions in Software & Networking or Hospitality & Leisure typically offer lower base pay, as these industries often view Credit And Collection Analyst as a support function rather than a direct revenue driver.

The top paying industries for a Credit And Collection Analyst

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$68,936$33.040%
Energy & Utilities$66,474$32.035%
Biotechnology$64,012$31.030%
Pharmaceuticals$61,550$30.025%
Insurance$59,088$28.020%

Credit And Collection Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Credit And Collection Analyst'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 September 01, 2026
$42,759
Average $49,240/year
$54,810
$3,563
Average $4,103/month
$4,567
$822
Average $947/week
$1,054
$21
Average $24/hour
$26
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $54,810 $4,567 $1,054 $26
Average $49,240 $4,103 $947 $24
25th Percentile $42,759 $3,563 $822 $21

Most common benefits for Credit And Collection Analyst

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Credit And Collection Analyst

Here are companies hiring for Credit And Collection Analyst and their salaries, click below for more details.

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FAQ about Credit And Collection Analyst

1. What industry pays the highest salary for Credit And Collection Analyst?

The Financial Services industry offers the highest average compensation for Credit And Collection Analyst roles, with salaries approximately 40% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

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