Credit Counselor Salary Information

The salary statistics of credit counselors are shown in Table 1. In the next few tables we compare the average salaries of credit counselors within different industry sectors and in the 50 states of the United States. The credit counselors annual salary statistics are from the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1. Credit Counselor Salary in the United States

Percentile BracketAverage Annual Salary
10th Percentile Wage
$29,780
25th Percentile Wage
$35,670
50th Percentile Wage
$44,710
75th Percentile Wage
$57,240
90th Percentile Wage
$76,190

Table 1 shows the average annual salary for credit counselors. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) credit counselors is $76,190. The median annual salary (50th percentile) is $44,710. The average annual salary for the bottom 10 percent is $29,780. We note that in the United States, the annual salary of the 90th percentile (the top 10 percent of the highest paid) is almost 155% higher than that of the bottom 10 percent.

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
$44,710
0.74% 11.83%
2016
$44,380
1.22% -
2015
$43,840
3.95% -
2014
$42,110
4.35% -
2013
$40,280
2.14% -
2012
$39,420
- -

Table 2. Credit Counselor Salary by Industry Sector

The average salaries of credit counselors in 12 major industry sectors are shown in Table 2. We note that the salaries vary considerably within different industry sectors. The highest paying industry sector for credit counselors occupations is the retail trade sector with an annual salary $64,770. The lowest paying sector is the administrative and support and waste management and remediation services sector (annual salary $37,500).

Industry Sector Median Annual Salary
Retail Trade
$64,770
Federal, State, and Local Government
$51,200
Wholesale Trade
$51,000
Real Estate and Rental and Leasing
$49,310
Management of Companies and Enterprises
$46,870
Educational Services
$46,520
Construction
$45,700
Other Services (except Federal, State, and Local Government)
$45,070
Finance and Insurance
$43,330
Health Care and Social Assistance
$42,310
Professional, Scientific, and Technical Services
$41,980
Administrative and Support and Waste Management and Remediation Services
$37,500

Table 3. Median Annual Wage of Credit Counselors by States

From the above tables we note that not only credit counselors salaries vary considerably based on one's education and experience, and the industry sectors, they also change considerably from state to state. In the following table we compare the median salary of credit counselors in all 50 states of the United States. We note that the median annual salaries range from $29,100 to $62,690. The highest paying state for credit counselors is District of Columbia with a median annual salary of $62,690. The lowest paying state is Nebraska with a median annual salary of $29,100. For more salary information of credit counselors profession in a specific state, use the links in the table.

State Name Median Annual Salary
District of Columbia
$62,690
Nevada
$60,010
New Jersey
$58,080
Rhode Island
$57,050
Pennsylvania
$52,340
Massachusetts
$51,650
Colorado
$51,180
North Dakota
$50,380
New York
$49,580
California
$49,550
New Hampshire
$49,400
Delaware
$48,900
Connecticut
$48,110
Washington
$47,450
Minnesota
$46,860
Texas
$46,490
Michigan
$46,430
Ohio
$46,190
Missouri
$46,040
Illinois
$45,330
Virginia
$44,920
Oregon
$44,760
Georgia
$44,730
North Carolina
$44,680
Maryland
$43,660
Arizona
$42,420
South Carolina
$42,370
Alabama
$41,860
Mississippi
$40,470
Florida
$40,160
Hawaii
$39,970
Maine
$39,450
Iowa
$39,230
Indiana
$38,990
Kansas
$38,920
Montana
$38,330
Vermont
$38,210
Wisconsin
$38,070
Wyoming
$37,920
Kentucky
$37,550
Idaho
$37,230
Oklahoma
$37,090
Tennessee
$36,960
West Virginia
$36,960
Arkansas
$36,320
Puerto Rico
$36,120
Louisiana
$35,950
New Mexico
$35,920
South Dakota
$34,110
Utah
$33,400
Nebraska
$29,100



Related:

💰 Highest paying states for credit counselors

💰 Highest paying cities for credit counselors

💰 Highest paying industries for credit counselors.