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Credit Counselor Salary Information in Michigan

The average annual and hourly salaries for credit counselors in the state of Michigan are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of credit counselors amongst Michigan cities 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 Michigan

Percentile BracketAverage Annual Salary
10th Percentile Wage
$22,990
25th Percentile Wage
$37,610
50th Percentile Wage
$46,430
75th Percentile Wage
$56,870
90th Percentile Wage
$79,070

Table 1 shows the average annual salary for credit counselors in Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $79,070. The median (50th percentile) annual salary is $46,430. The average annual salary for the bottom 10 percent is $22,990.

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
$46,430
4.67% 5.49%
2016
$44,260
0.20% -
2015
$44,170
3.01% -
2014
$42,840
0.56% -
2013
$42,600
-3.00% -
2012
$43,880
- -

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

Table 3 shows the median annual salary of credit counselors in some Michigan cities and metropolitan areas. We note that the median annual salary of credit counselors in state of Michigan ranges from $36,420 to $56,320. The highest paying area for credit counselors in Michigan is Lansing-East Lansing with a median annual salary of $56,320. The second highest paying city/area in Michigan State is Ann Arbor (mean annual salary $51,420). The lowest paying area is Upper Peninsula of Michigan nonmetropolitan area with a median annual salary of $36,420.

Cities/Areas Median Annual Salary
Lansing-East Lansing
$56,320
Ann Arbor
$51,420
Northwest Lower Peninsula of Michigan nonmetropolitan area
$49,840
Grand Rapids-Wyoming
$48,820
Detroit-Livonia-Dearborn
$48,780
Kalamazoo-Portage
$48,030
Detroit-Warren-Livonia
$45,450
Balance of Lower Peninsula of Michigan nonmetropolitan area
$44,250
Warren-Troy-Farmington Hills
$43,460
Upper Peninsula of Michigan nonmetropolitan area
$36,420




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