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
$31,240
25th Percentile Wage
$35,460
50th Percentile Wage
$42,590
75th Percentile Wage
$50,440
90th Percentile Wage
$62,460

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 $62,460. The median annual salary (50th percentile) is $42,590. The average annual salary for the bottom 10 percent paid credit counselors and loan officers is $31,240.

Salary Trend (2012 to 2017)

The table and chart below 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 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$42,590
0.40% 9.91%
2016
$42,420
2.12% -
2015
$41,520
3.37% -
2014
$40,120
1.99% -
2013
$39,320
2.42% -
2012
$38,370
- -

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 18 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 $52,360. The lowest paying industry is the general medical and surgical hospitals - local government owned industry (annual salary $37,910). 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
$52,360
Specialty (except Psychiatric and Substance Abuse) Hospitals
$51,960
Community Food and Housing, and Emergency and Other Relief Services
$47,500
Outpatient Care Centers
$45,370
Social Assistance
$44,860
Child Day Care Services
$44,500
Individual and Family Services
$43,640
Hospitals - Privately owned
$43,140
General Medical and Surgical Hospitals - Privately owned
$43,020
Hospitals (including private, state, and local government hospitals)
$42,300
General Medical and Surgical Hospitals
$42,180
Vocational Rehabilitation Services
$41,500
Ambulatory Health Care Services
$40,590
Hospitals - State government owned
$39,840
General Medical and Surgical Hospitals - State government owned
$39,690
Offices of Physicians
$39,140
Hospitals - Local government owned
$37,910
General Medical and Surgical Hospitals - Local government owned
$37,910

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2017 and published in April 2018 [1].




Related:

Highest paying industries for credit counselors and loan officers.