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Accounts Receivable Specialist/Collector Salary in Minnesota

How much does an Accounts Receivable Specialist/Collector make in Minnesota? As of September 01, 2026, the average salary for an Accounts Receivable Specialist/Collector in Minnesota is $47,213 per year, which breaks down to an hourly rate of $23.

However, an Accounts Receivable Specialist/Collector's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $57,496
  • Majority Range (25th-75th percentile): $42,975 to $52,595
  • Entry-Level (10th percentile): $39,117
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Accounts Receivable Specialist/Collector Job Openings in Minnesota

Key Factors That Influence Accounts Receivable Specialist/Collector Salaries

An Accounts Receivable Specialist/Collector'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 Accounts Receivable Specialist/Collector Salaries?

Experience is a primary driver of an Accounts Receivable Specialist/Collector'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): $41,364
  • Early Career (1-2 years): $46,091
  • Mid-Level (2-4 years): $51,008
  • Senior-Level (5-8 years): $70,983
  • Expert (over 8 years): $248,244
Job RoleYears of ExperienceAverage Salary
Collections Representative I less than 1 year $41,364
Accounts Receivable Specialist/Collector 1-2 years $46,091
Collections Representative III 2-4 years $51,008
Collections Supervisor 5-8 years $70,983
VP of Collections over 8 years $248,244

How Do Accounts Receivable Specialist/Collector 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 Accounts Receivable Specialist/Collectors. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $51,084.
  • California: $50,890.
  • Massachusetts: $50,212.

Top Paying Cities for Accounts Receivable Specialist/Collector

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:

  • Conger: $45,202
  • Courtland: $45,151
  • Darfur: $44,919

Accounts Receivable Specialist/Collector Salary by Industry: Top Paying Sectors

For Accounts Receivable Specialist/Collector roles, the industry you choose can affect earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the Construction and Business Services sectors offer the strongest compensation, at 25% above the average. In contrast, Accounts Receivable Specialist/Collector positions in Media or Retail & Wholesale typically offer lower base pay, as these industries often view Accounts Receivable Specialist/Collector as a support function rather than a direct revenue driver.

The top paying industries for an Accounts Receivable Specialist/Collector

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Construction $59,016 $28.0 25%
Business Services $56,655 $27.0 20%
Energy & Utilities $55,711 $27.0 18%
Biotechnology $54,295 $26.0 15%
Aerospace & Defense $52,878 $25.0 12%

Accounts Receivable Specialist/Collector Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Accounts Receivable Specialist/Collector'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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on September 01, 2026
$42,975
Average $47,213/year
$52,595
$3,581
Average $3,934/month
$4,383
$826
Average $908/week
$1,011
$21
Average $23/hour
$25
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $52,595 $4,383 $1,011 $25
Average $47,213 $3,934 $908 $23
25th Percentile $42,975 $3,581 $826 $21

Find Your Next Accounts Receivable Specialist/Collector Job

Ready to take the next step in your career? Browse thousands of current Accounts Receivable Specialist/Collector job openings on our job board. Use the search bar below to find your perfect match.

  • The Remedy Mental Health | Saint Paul, MN

    Patient Accounts Receivable Specialist

    The Remedy Mental Health | Saint Paul, MN

    Patient Accounts Receivable SpecialistAt The Remedy, healing begins with compassion, connection, and innovation. We meet people wherever they are on their ... more

    1 Day Ago

  • CFS | Minneapolis, MN

    Accounts Receivable Analyst

    CFS | Minneapolis, MN

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    1 Day Ago

  • National Mentor Holdings, Inc. | Luverne, MN

    Accounts Receivable Coordinator

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    Habilitative Services Inc., a member of the Sevita family, provides services for Individuals with intellectual and developmental disabilities, Traumatic Br... more

    1 Day Ago

  • Points North | Minneapolis, MN

    Accounts Receivable Specialist

    Points North | Minneapolis, MN

    Job Description. Job Description. Points North, the leading software company in the compliance and reporting space, is seeking an Accounts Receivable Speci... more

    1 Day Ago

  • Merchology | Plymouth, MN

    Accounts Receivable Specialist

    Merchology | Plymouth, MN

    Job Description. Job Description. Description. Mur-chol. uh. jee | The science of company merch. the skill of creating and delivering custom-branded appare... more

    2 Days Ago

  • Mains'l | Minneapolis, MN

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    Mains'l | Minneapolis, MN

    Job Description. Job Description. Do you want to work in the business of hopes and dreams where you can make a difference in the lives of others. Do you wa... more

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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