Credit Counselors and Loan Officer Salary in Sector of Federal, State, and Local Government

The salary statistics of credit counselors and loan officers in the industry sector of federal, state, and local government are shown in Table 1. In Table 2 we compare credit counselors and loan officer salaries in different industries within the federal, state, and local government sector.

Average Annual Salary of Credit Counselors and Loan Officers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$44,190
25th Percentile Wage
$56,120
50th Percentile Wage
$71,100
75th Percentile Wage
$82,860
90th Percentile Wage
$92,320

Table 1 shows the average annual salary for credit counselors and loan officers in the industry sector of federal, state, and local government. 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 $92,320. The median annual salary (50th percentile) is $71,100. The average annual salary for the bottom 10 percent paid credit counselors and loan officers is $44,190.

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 federal, state, and local government from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201671,1000.96%0.44%
201570,420-1.99%-
201471,8201.43%-
201370,7900.00%-
201270,790--

Compare Credit Counselors and Loan Officer Salary in Different Industries within the Federal, State, and Local Government Sector

The average salaries of credit counselors and loan officers in eight industries in the federal, state, and local government 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 federal executive branch (oes designation) industry with an annual salary $73,380. The lowest paying industry is the state government, including schools and hospitals industry (annual salary $46,810). For detailed credit counselors and loan officer salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Federal Executive Branch (OES Designation)
$73,380
Federal government, including USPS
$73,380
Federal, State, and Local Government (OES Designation)
$71,100
State Government, excluding schools and hospitals (OES Designation)
$65,270
Public sector -- Federal, state, and local government, including government owned schools and hospit
$56,510
Local Government, excluding schools and hospitals (OES Designation)
$52,100
Local government, including schools and hospitals
$47,720
State government, including schools and hospitals
$46,810

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.