Credit Counselor Salary in Sector of Finance and Insurance

The salary statistics of credit counselors in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare credit counselor salaries in different industries within the finance and insurance sector.

Average Annual Salary of Credit Counselors

Percentile BracketAverage Annual Salary
10th Percentile Wage
$27,350
25th Percentile Wage
$33,550
50th Percentile Wage
$44,570
75th Percentile Wage
$61,120
90th Percentile Wage
$91,150

Table 1 shows the average annual salary for credit counselors in the industry sector of finance and insurance. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) credit counselors is $91,150. The median annual salary (50th percentile) is $44,570. The average annual salary for the bottom 10 percent paid credit counselors is $27,350.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of credit counselors in the industry sector of finance and insurance from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201644,570-4.60%7.43%
201546,6201.44%-
201445,9506.38%-
201343,0204.09%-
201241,260--

Compare Credit Counselor Salary in Different Industries within the Finance and Insurance Sector

The average salaries of credit counselors in eleven industries in the finance and insurance sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for credit counselor occupations is the securities and commodity contracts intermediation and brokerage industry with an annual salary $63,100. The lowest paying industry is the other nondepository credit intermediation industry (annual salary $38,010). For detailed credit counselor salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Securities and Commodity Contracts Intermediation and Brokerage
$63,100
Direct Insurance (except Life, Health, and Medical) Carriers
$57,740
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$57,150
Other Financial Investment Activities
$56,970
Depository Credit Intermediation
$47,950
Activities Related to Credit Intermediation
$45,340
Other Investment Pools and Funds
$44,520
Funds, Trusts, and Other Financial Vehicles
$44,170
Credit Intermediation and Related Activities
$43,680
Nondepository Credit Intermediation
$38,320
Other Nondepository Credit Intermediation
$38,010

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 [1].



Related:

Highest paying cities for credit counselors

Highest paying industries for credit counselors.