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Residential Collections Careers

There is more than meets the eye when it comes to being a residential collections. For example, did you know that they make an average of $19.37 an hour? That's $40,290 a year!

Between 2018 and 2028, the career is expected to grow 4% and produce 156,200 job opportunities across the U.S.

What Does a Residential Collections Do

There are certain skills that many residential collections have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed customer-service skills, physical strength and listening skills.

When it comes to the most important skills required to be a residential collections, we found that a lot of resumes listed 61.9% of residential collections included loan portfolio, while 20.1% of resumes included outbound calls, and 18.0% of resumes included residential customers. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the residential collections job title. But what industry to start with? Most residential collections actually find jobs in the utilities and finance industries.

How To Become a Residential Collections

If you're interested in becoming a residential collections, one of the first things to consider is how much education you need. We've determined that 11.1% of residential collections have a bachelor's degree. In terms of higher education levels, we found that 0.0% of residential collections have master's degrees. Even though some residential collections have a college degree, it's possible to become one with only a high school degree or GED.

You may find that experience in other jobs will help you become a residential collections. In fact, many residential collections jobs require experience in a role such as administrative assistant. Meanwhile, many residential collections also have previous career experience in roles such as assistant manager or associate.

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Average Salary
$40,290
Average Salary
Job Growth Rate
4%
Job Growth Rate
Job Openings
4,059
Job Openings

Residential Collections Demographics

Gender

male

51.7 %

female

41.4 %

unknown

6.9 %

Ethnicity

White

55.5 %

Hispanic or Latino

20.2 %

Black or African American

17.9 %

Foreign Languages Spoken

Spanish

100.0 %
See More Demographics

Residential Collections Education

Majors

Business
13.3 %

Degrees

Certificate

41.2 %

Associate

29.4 %

Bachelors

23.5 %
See More Education Info
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Top Residential Collections Employers

1. Verizon Communications
4.7
Avg. Salary: 
$37,442
Residential Collectionss Hired: 
2+
2. American Disposal Services
4.1
Avg. Salary: 
$27,254
Residential Collectionss Hired: 
1+
3. Rumpke Consolidated Companies
4.1
Avg. Salary: 
$35,092
Residential Collectionss Hired: 
1+
4. Veolia Environmental Services
4.4
Avg. Salary: 
$27,991
Residential Collectionss Hired: 
1+
5. BFI
4.0
Avg. Salary: 
$40,539
Residential Collectionss Hired: 
1+
6. Waste Management
4.5
Avg. Salary: 
$25,426
Residential Collectionss Hired: 
1+
Updated October 2, 2020