Here’s How Much Debt Collectors Earn In Every State
There are few things more unwelcome in life than to receive a call from a debt collector (one that's worse, perhaps, is a visit from the "man from the draft board" back in the day). But with Americans having racked up $13.51 trillion in total household debt, those unwelcome calls are likely to continue as business booms for debt collectors.
There are few things more unwelcome in life than to receive a call from a debt collector (one that’s worse, perhaps, is a visit from the “man from the draft board” back in the day). But with Americans having racked up $13.51 trillion in total household debt, those unwelcome calls are likely to continue as business booms for debt collectors.
However, there is one question few tend to ask about debt collectors, even though their business is money: How much do debt collectors make? And for that matter, how much do debt collectors make on average in every state? Using occupational data from the Bureau of Labor Statistics, we’ve analyzed and compiled a round-up of the average salary of a debt collector in each U.S. state. Read on for a full breakdown of where debt collectors make the most money, and where they’re making the least.
10 States Where Debt Collectors Earn The Most Money
The national average annual wage of a debt collector is $37,650, according to the BLS. Here’s a breakdown of the top-10 states in which debt collectors earn the most:
Rank | State | Mean Annual Wage |
1 | Connecticut | $46,470 |
2 | Massachusetts | $44,700 |
3 | New Jersey | $43,920 |
4 | Rhode Island | $43,530 |
5 | California | $42,830 |
6 | Alaska | $41,830 |
7 | Vermont | $41,390 |
8 | Maryland | $41,160 |
9 | New York | $40,510 |
10 | Hawaii | $39,980 |
The states that pay debt collectors the most on average are geographically located in the northeast and Pacific, with the exception of Maryland, which is technically a southern state, according to Census-designated regions.