As of August 01, 2026, the average salary for a Debt Collection Agent in Albertville, MN is $69,852 per year, which breaks down to an hourly rate of $34.
However, a Debt Collection Agent's salary can vary significantly. Here’s a look at the typical salary range:
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A Debt Collection Agent'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, skills and company size can directly affect your earning potential.
Experience is a primary driver of a Debt Collection Agent'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:
| Levels | Salary |
|---|---|
| Debt Coll... Level Debt Collection Agent | $70,377 |
| IT Vendor... Level Debt Collection Agent | $86,598 |
| IT Vendor... Level Debt Collection Agent | $107,167 |
| IT Vendor... Level Debt Collection Agent | $134,350 |
| IT Vendor... Level Debt Collection Agent | $153,006 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 7.68% |
| Purchasing | 3.42% |
| Talent Acquisition | 1.71% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Networking
|
$79,631 |
14%
|
|
Process Management
|
$78,933 |
13%
|
|
RFI
|
$77,536 |
11%
|
|
Risk Management
|
$76,139 |
9%
|
|
Accountability
|
$76,139 |
9%
|
|
Coordination
|
$75,440 |
8%
|
For Debt Collection Agent roles, the industry you choose can affect earning potential by as much as 58% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Pharmaceuticals sectors offer the strongest compensation, at 25% above the average. In contrast, Debt Collection Agent positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Debt Collection Agent as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $87,315 | $42.0 | 25% |
| Pharmaceuticals | $85,219 | $41.0 | 22% |
| Internet | $82,425 | $40.0 | 18% |
| Aerospace & Defense | $78,234 | $38.0 | 12% |
| Construction | $76,837 | $37.0 | 10% |
Understanding how a Debt Collection Agent'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, 2026Ready to take the next step in your career? Browse thousands of current Debt Collection Agent job openings on our job board. Use the search bar below to find your perfect match.
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