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Credit Collection Salary in New Jersey

How much does a Credit Collection make in New Jersey? As of September 01, 2026, the average salary for a Credit Collection in New Jersey is $78,893 per year, which breaks down to an hourly rate of $38.

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

  • Top Earners (90th percentile): $97,948
  • Majority Range (25th-75th percentile): $69,179 to $88,867
  • Entry-Level (10th percentile): $60,336
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Credit Collection Job Openings in New Jersey

Key Factors That Influence Credit Collection Salaries

A Credit Collection'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 Collection Salaries?

Experience is a primary driver of a Credit Collection'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): $64,316
  • Early Career (1-2 years): $76,815
  • Mid-Level (2-4 years): $94,156
  • Senior-Level (5-8 years): $130,277
  • Expert (over 8 years): $229,434
Job RoleYears of ExperienceAverage Salary
Credit Analyst I less than 1 year $64,316
Credit Collection 1-2 years $76,815
Credit Analyst III 2-4 years $94,156
Credit Analysis Manager 5-8 years $130,277
VP of Credit Analysis over 8 years $229,434

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

  • District of Columbia: $80,589.
  • California: $80,284.
  • Massachusetts: $79,214.

Top Paying Cities for Credit Collection

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:

  • Maywood: $82,659
  • Teterboro: $82,691
  • Alpine: $82,659

Credit Collection Salary by Industry: Top Paying Sectors

For Credit Collection roles, the industry you choose can affect earning potential by as much as 83% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Financial Services sectors offer the strongest compensation, at 30% above the average. In contrast, Credit Collection positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Credit Collection as a support function rather than a direct revenue driver.

The top paying industries for a Credit Collection

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Pharmaceuticals $102,561 $49.0 30%
Financial Services $98,617 $47.0 25%
Software & Networking $94,672 $46.0 20%
Biotechnology $90,727 $44.0 15%
Insurance $88,360 $42.0 12%

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

Understanding how a Credit Collection'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
$69,179
Average $78,893/year
$88,867
$5,765
Average $6,574/month
$7,406
$1,330
Average $1,517/week
$1,709
$33
Average $38/hour
$43
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $88,867 $7,406 $1,709 $43
Average $78,893 $6,574 $1,517 $38
25th Percentile $69,179 $5,765 $1,330 $33

Find Your Next Credit Collection Job

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

  • Kellogg Community Credit Union | BATTLE CREEK, MI

    Card Services Manager

    Kellogg Community Credit Union | BATTLE CREEK, MI

    Description. Join Our Leadership Team. Kellogg Community Credit Union is seeking an experienced and innovative leader to serve as our Card Services Manager... more

    1 Day Ago

  • FIRST COMMUNITY CREDIT UNION | JANESVILLE, WI

    Branch Manager

    FIRST COMMUNITY CREDIT UNION | JANESVILLE, WI

    Description. GENERAL SUMMARY. Primary Responsibilities. Model a high energy, service and sales culture within the branch and credit union. Coach, develop a... more

    1 Day Ago

  • Civic Federal Credit Union | RALEIGH, NC

    Foreclosure Specialist

    Civic Federal Credit Union | RALEIGH, NC

    CIVIC CULTURE. Our organizations believe we can all do well by doing good. We value the contributions of diverse minds and prioritize the success and well-... more

    1 Day Ago

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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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