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Last updated: October 31, 2024
Collections Agent Salary
in Franklin, New Jersey
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
$56,240 (USD)
Average Salary
$27/hr
Average Hourly
$928
Average Bonus
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Last updated: October 31, 2024
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Salary Recap
The average pay for a Collections Agent is $56,240 a year and $27 an hour in Franklin, New Jersey, United States. The average salary range for a Collections Agent is between $41,561 and $66,644. On average, a High School Degree is the highest level of education for a Collections Agent. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Franklin, New Jersey.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Education and Skills
Education and Skills
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Salary Potential
Salary Potential
Estimated salary in 2029:
$63,172
5 Year Change:
12 %
Shift Differentials
Shift Differentials
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About Franklin, New Jersey
Franklin Cost of Living Score:
Description:
Franklin is a borough in Sussex County, in the U.S. state of New Jersey. As of the 2020 United States census, the borough's population was 4,912, a decrease of 133 (−2.6%) from the 2010 census count of 5,045, which in turn reflected a decline of 115 (−2.2%) from the 5,160 counted in the 2000 census.
Franklin, known as the "Fluorescent Mineral Capital of the World," is located over a rich ore body containing more than 150 minerals, many of them fluorescent and 25 of which are found nowhere else on earth. Settled in the 17th century, the village known as Franklin Furnace after Benjamin Franklin, developed near iron...
Job Summary
Description:
- Receives installments or past due accounts, damage claims, or non-payable checks from customers.
- Locates and attempts to persuade customer to pay amount due or arranges for payment at later date via phone, mail, or visits.
- Accommodates for loan extensions and modifications and arranges pay schedules.
Collections Agent Job Listings for
No listings found
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Salary Recap
The average pay for a Collections Agent is $56,240 a year and $27 an hour in Franklin, New Jersey, United States. The average salary range for a Collections Agent is between $41,561 and $66,644. On average, a High School Degree is the highest level of education for a Collections Agent. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Franklin, New Jersey.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsJob Statistics
Collections Agent Job Prevalence in the United States
Job family: Bill and Account Collectors
Job family population: 190,910
Estimated population of Collections Agent jobs: 48,109
Rate of error: 2.8%
Take the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
About Franklin, New Jersey
Franklin Cost of Living Score:
Description:
Franklin is a borough in Sussex County, in the U.S. state of New Jersey. As of the 2020 United States census, the borough's population was 4,912, a decrease of 133 (−2.6%) from the 2010 census count of 5,045, which in turn reflected a decline of 115 (−2.2%) from the 5,160 counted in the 2000 census.
Franklin, known as the "Fluorescent Mineral Capital of the World," is located over a rich ore body containing more than 150 minerals, many of them fluorescent and 25 of which are found nowhere else on earth. Settled in the 17th century, the village known as Franklin Furnace after Benjamin Franklin, developed near iron...
Job Summary
Description:
- Receives installments or past due accounts, damage claims, or non-payable checks from customers.
- Locates and attempts to persuade customer to pay amount due or arranges for payment at later date via phone, mail, or visits.
- Accommodates for loan extensions and modifications and arranges pay schedules.
Collections Agent Job Listings for
No listings found
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast October 2024
ERI examines compensation trends and changes for the upcoming year to provide guidance on the expected salary increase for the upcoming year.
Read More
Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
Read More
Planning Global Compensation Budgets for 2025
Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
Read More