The salary statistics of credit counselors and loan officers in the industry sector of management of companies and enterprises are shown in Table 1. In Table 2 we compare credit counselors and loan officer salaries in different industries within the management of companies and enterprises sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $35,460 |
| 25th Percentile Wage | $46,500 |
| 50th Percentile Wage | $63,530 |
| 75th Percentile Wage | $92,000 |
| 90th Percentile Wage | $131,910 |
Table 1 shows the average annual salary for credit counselors and loan officers in the industry sector of management of companies and enterprises. 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 $131,910. The median annual salary (50th percentile) is $63,530. The average annual salary for the bottom 10 percent paid credit counselors and loan officers is $35,460.
The table and chart below show the trend of the median salary of credit counselors and loan officers in the industry sector of management of companies and enterprises from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $63,530 | -3.18% | -1.20% |
| 2017 | $65,550 | 0.00% | - |
| 2016 | $65,550 | -1.85% | - |
| 2015 | $66,760 | 0.58% | - |
| 2014 | $66,370 | 2.28% | - |
| 2013 | $64,860 | 0.88% | - |
| 2012 | $64,290 | - | - |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].