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Credit Counselor Salary Information in Massachusetts

The average annual and hourly salaries for credit counselors in the state of Massachusetts are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of credit counselors among Massachusetts metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Credit Counselors in Massachusetts

Percentile BracketAverage Annual Salary
10th Percentile Wage
$36,520
25th Percentile Wage
$43,010
50th Percentile Wage
$51,650
75th Percentile Wage
$68,060
90th Percentile Wage
$80,910

Table 1 shows the average annual salary for credit counselors in Massachusetts in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $80,910. The median (50th percentile) annual salary is $51,650. The average annual salary for the bottom 10 percent is $36,520.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of credit counselors from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$51,650
3.37% 13.90%
2016
$49,910
-0.80% -
2015
$50,310
5.03% -
2014
$47,780
-1.57% -
2013
$48,530
8.37% -
2012
$44,470
- -

Table 3. Median Annual Salary of Credit Counselors in Massachusetts Cities

Table 3 shows the median annual salary of credit counselors in some Massachusetts cities and metropolitan areas. We note that the median annual salary of credit counselors in state of Massachusetts ranges from $39,330 to $52,780. The highest paying area for credit counselors in Massachusetts is Boston-Cambridge-Quincy with a median annual salary of $52,780. The second highest paying city/area in Massachusetts State is Boston-Cambridge-Quincy (mean annual salary $51,570). The lowest paying area is Framingham with a median annual salary of $39,330.

Cities/Areas Median Annual Salary
Boston-Cambridge-Quincy
$52,780
Boston-Cambridge-Quincy
$51,570
Worcester
$50,750
Brockton-Bridgewater-Easton
$50,560
Springfield
$48,310
Leominster-Fitchburg-Gardner
$42,800
Framingham
$39,330




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