The salary statistics and trend of credit counselors and loan officers in the industry of agencies, brokerages, and other insurance related activities are shown in the following tables and chart. In Table 3 we compare credit counselors and loan officer salaries in different industries within the finance and insurance sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $38,880 |
| 25th Percentile Wage | $53,140 |
| 50th Percentile Wage | $62,440 |
| 75th Percentile Wage | $89,420 |
| 90th Percentile Wage | $136,700 |
Table 1 shows the average annual salaries for credit counselors and loan officers in the industry of agencies, brokerages, and other insurance related activities. 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 $136,700. The median annual salary (50th percentile) is $62,440. The average annual salary for the bottom 10 percent credit counselors and loan officers is $38,880.
The table and chart below show the trend of the median salary of credit counselors and loan officers in the industry of Agencies, Brokerages, and Other Insurance Related Activities from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $62,440 | 4.87% | 11.82% |
| 2016 | $59,400 | -1.60% | - |
| 2015 | $60,350 | -10.34% | - |
| 2014 | $66,590 | 16.02% | - |
| 2013 | $55,920 | 1.54% | - |
| 2012 | $55,060 | - | - |
The average salaries of credit counselors and loan officers in 20 industries within the finance and insurance sector are shown in Table 3. For salary information of credit counselors and loan officers in a specific industry, use the links in the table.
Back to: Salary of credit counselors and loan officers in the industry sector of finance and insurance.