Stoltz et al. (1996) rated the conservation priority of the Speckled Tanager as Low, as this bird is locally quite common. The IUCN assesses the conservation status of this bird as Least Concern, citing the fact of its wide distribution and apparently stable populations (Birdlife International 2009).
Effects of human activity on populations
Certain Speckled Tanager populations have been affected by deforestation, such as the population in the Cerro Jefe area of Panamá (Ridgely and Gwynne 1989). Speckled Tanagers are amenable to breeding in secondary forests, and semi open habitats (Naoki 2003), and would benefit greatly from conserving the tropical countryside, even if only a few larger trees were preserved in otherwise open agricultural areas.