Salary AI Book a Demo

AR Collections Analyst Salary in Minnesota

How much does an AR Collections Analyst make in Minnesota? As of September 01, 2026, the average salary for an AR Collections Analyst in Minnesota is $66,642 per year, which breaks down to an hourly rate of $32.

However, an AR Collections Analyst's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $81,528
  • Majority Range (25th-75th percentile): $60,898 to $74,434
  • Entry-Level (10th percentile): $55,669
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out AR Collections Analyst Job Openings in Minnesota

Key Factors That Influence AR Collections Analyst Salaries

An AR Collections 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 AR Collections Analyst Salaries?

Experience is a primary driver of an AR Collections 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): $56,414
  • Early Career (1-2 years): $65,019
  • Mid-Level (2-4 years): $72,063
  • Senior-Level (5-8 years): $89,369
  • Expert (over 8 years): $76,258
Job RoleYears of ExperienceAverage Salary
Accounts Receivable Analyst I less than 1 year $56,414
AR Collections Analyst 1-2 years $65,019
Accounts Receivable Analyst III 2-4 years $72,063
Accounts Receivable Analyst IV 5-8 years $89,369
Accounts Receivable Supervisor over 8 years $76,258

How Do AR Collections 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 AR Collections Analysts. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $72,106.
  • California: $71,833.
  • Massachusetts: $70,876.

Top Paying Cities for AR Collections Analyst

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: $63,805
  • Courtland: $63,733
  • Darfur: $63,404

AR Collections Analyst Salary by Industry: Top Paying Sectors

For AR Collections Analyst roles, the industry you choose can affect earning potential by as much as 90% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Financial Services sectors offer the strongest compensation, at 40% above the average. In contrast, AR Collections Analyst positions in MFG Nondurable or Hospitality & Leisure typically offer lower base pay, as these industries often view AR Collections Analyst as a support function rather than a direct revenue driver.

The top paying industries for an AR Collections Analyst

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Pharmaceuticals $93,299 $45.0 40%
Financial Services $86,635 $42.0 30%
Internet $79,971 $38.0 20%
Software & Networking $79,971 $38.0 20%
Energy & Utilities $76,639 $37.0 15%

AR Collections Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an AR Collections 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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on September 01, 2026
$60,898
Average $66,642/year
$74,434
$5,075
Average $5,554/month
$6,203
$1,171
Average $1,282/week
$1,431
$29
Average $32/hour
$36
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $74,434 $6,203 $1,431 $36
Average $66,642 $5,554 $1,282 $32
25th Percentile $60,898 $5,075 $1,171 $29

Find Your Next AR Collections Analyst Job

Ready to take the next step in your career? Browse thousands of current AR Collections Analyst job openings on our job board. Use the search bar below to find your perfect match.

  • Swoop | Austin, MN

    AR Collections Specialist

    Swoop | Austin, MN

    [Accounts Receivable / Remote] - Anywhere in U.S. / $20 to $30-hr / Comprehensive Employee Benefits Package - As an AR Collections Specialist at Swoop, you... more

    5 Days Ago

  • Swoop | Bemidji, MN

    AR Collections Specialist

    Swoop | Bemidji, MN

    [Accounts Receivable / Remote] - Anywhere in U.S. / $20 to $30-hr / Comprehensive Employee Benefits Package - As an AR Collections Specialist at Swoop, you... more

    5 Days Ago

  • Swoop | Elk River, MN

    AR Collections Specialist

    Swoop | Elk River, MN

    [Accounts Receivable / Remote] - Anywhere in U.S. / $20 to $30-hr / Comprehensive Employee Benefits Package - As an AR Collections Specialist at Swoop, you... more

    5 Days Ago

  • Swoop | Faribault, MN

    AR Collections Specialist

    Swoop | Faribault, MN

    [Accounts Receivable / Remote] - Anywhere in U.S. / $20 to $30-hr / Comprehensive Employee Benefits Package - As an AR Collections Specialist at Swoop, you... more

    5 Days Ago

  • Swoop | Owatonna, MN

    AR Collections Specialist

    Swoop | Owatonna, MN

    [Accounts Receivable / Remote] - Anywhere in U.S. / $20 to $30-hr / Comprehensive Employee Benefits Package - As an AR Collections Specialist at Swoop, you... more

    5 Days Ago

  • Swoop | Winona, MN

    AR Collections Specialist

    Swoop | Winona, MN

    [Accounts Receivable / Remote] - Anywhere in U.S. / $20 to $30-hr / Comprehensive Employee Benefits Package - As an AR Collections Specialist at Swoop, you... more

    5 Days Ago

For Employees

Analyze the market and your qualifications to negotiate your salary with confidence.

Get a Salary Increase

Search thousands of open positions to find your next opportunity.

Search Job Openings

For Employers

Individualize employee pay based on unique job requirements and personal qualifications.

Adjust Employee Salary

Get the latest market price for benchmark jobs and jobs in your industry.

Price My Industry Jobs

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.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst