The salary statistics of credit counselors and loan officers in the industry sector of information are shown in Table 1. In Table 2 we compare credit counselors and loan officer salaries in different industries within the information sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $35,140 |
| 25th Percentile Wage | $47,900 |
| 50th Percentile Wage | $63,250 |
| 75th Percentile Wage | $95,000 |
| 90th Percentile Wage | $131,040 |
Table 1 shows the average annual salary for credit counselors and loan officers in the industry sector of information. 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 $131,040. The median annual salary (50th percentile) is $63,250. The average annual salary for the bottom 10 percent paid credit counselors and loan officers is $35,140.
The table and chart below show the trend of the median salary of credit counselors and loan officers in the industry sector of information from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $63,250 | 0.43% | -1.96% |
| 2017 | $62,980 | -9.34% | - |
| 2016 | $68,860 | 1.87% | - |
| 2015 | $67,570 | 2.09% | - |
| 2014 | $66,160 | 13.21% | - |
| 2013 | $57,420 | -12.31% | - |
| 2012 | $64,490 | - | - |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].