Credit Counselors and Loan Officer Salary in Sector of Health Care and Social Assistance

The salary statistics of credit counselors and loan officers in the industry sector of health care and social assistance are shown in Table 1. In Table 2 we compare credit counselors and loan officer salaries in different industries within the health care and social assistance sector.

Average Annual Salary of Credit Counselors and Loan Officers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$30,410
25th Percentile Wage
$35,210
50th Percentile Wage
$42,420
75th Percentile Wage
$50,160
90th Percentile Wage
$61,020

Table 1 shows the average annual salary for credit counselors and loan officers in the industry sector of health care and social assistance. 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 and loan officers is $61,020. The median annual salary (50th percentile) is $42,420. The average annual salary for the bottom 10 percent paid credit counselors and loan officers is $30,410.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of credit counselors and loan officers in the industry sector of health care and social assistance from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201642,4202.12%9.55%
201541,5203.37%-
201440,1201.99%-
201339,3202.42%-
201238,370--

Compare Credit Counselors and Loan Officer Salary in Different Industries within the Health Care and Social Assistance Sector

The average salaries of credit counselors and loan officers in 13 industries in the health care and social assistance sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for credit counselors and loan officer occupations is the specialty hospitals - privately owned industry with an annual salary $53,410. The lowest paying industry is the individual and family services industry (annual salary $37,460). For detailed credit counselors and loan officer salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Specialty hospitals - Privately owned
$53,410
Specialty (except Psychiatric and Substance Abuse) Hospitals
$52,940
Vocational Rehabilitation Services
$49,770
Community Food and Housing, and Emergency and Other Relief Services
$47,400
Child Day Care Services
$44,500
Ambulatory Health Care Services
$43,700
Offices of Physicians
$42,570
Hospitals - Privately owned
$42,480
General Medical and Surgical Hospitals - Privately owned
$42,320
Hospitals (including private, state, and local government hospitals)
$42,320
General Medical and Surgical Hospitals
$42,180
Social Assistance
$41,810
Individual and Family Services
$37,460

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 industries for credit counselors and loan officers.