How Much Do Credit Counselors Make in 2021 (including Starting Salary)

Stan T.Career, SalaryLeave a Comment

Annual Salary, Salary Range, and Highest Paying States and Industries

Credit Counselors

Credit Counselors advise and educate individuals or organizations on acquiring and managing debt. May provide guidance in determining the best type of loan and explain loan requirements or restrictions. May help develop debt management plans or student financial aid packages. May advise on credit issues, or provide budget, mortgage, bankruptcy, or student financial aid counseling.

Becoming One
Bachelor's degree
Job Satisfaction
Job Growth


Table of contents
  1. Average salary
  2. Starting salary
  3. Salary rank
  4. Salary range
  5. Highest paying states
  6. Highest paying industries

Average salary

Annual salary
$49940 per year
Hourly wage
$24 per hour

Starting salary

Entry-level annual salary
$32,160 to $37,640 per year
Entry-level hourly wage
$15 to $18 per hour

Entry-level Credit Counselors with little to no experience can expect to make anywhere between $32,160 to $37,640 per year or $15 to $18 per hour. Similar to any other job, their salary will increase as they gain experience.

Salary rank

Salary rank

We wanted to make it easy for our readers to compare the salary of Credit Counselors to all the other careers out there. So we created Salary Rank. We compared the salary of all careers then we gave them a rank of A, B, C, or D depending on where their average salary sit in comparison to other careers.

Salary range

Level Hourly Annual
Highest (Top 10%) $36 $74,410
Senior (Top 25%) $28 $57,220
Middle (Mid 50%) $22 $46,170
Junior (Bottom 25%) $18 $37,640
No experience (Bottom 10%) $15 $32,160

Highest paying states

State Hourly Annual
DC $34 $70,530
NJ $33 $68,500
NY $32 $65,810
RI $30 $62,210
AK $29 $59,460
MA $27 $56,990
PA $27 $56,860
GA $27 $56,760
NC $27 $56,550
MO $26 $54,450

Another simple way to increase your salary as a Credit Counselor is to move to a higher paying state. However moving to a higher paying state like DC doesn’t guarantee that you will make more because the expenses at DC might be much higher than where you are currently living at right now.

According to BLS, the highest paid Credit Counselors are in the states of DC, NJ, NY, RI and AK.

Highest paying industries

Salary by industry Annual Hourly
Automobile Dealers $92730 $44.58
Grantmaking and Giving Services $80120 $38.52
State Government $66170 $31.81
Elementary and Secondary Schools $64470 $31.00
Insurance Carriers $62230 $29.92
Accounting, Tax Preparation, Bookkeeping, and Payroll Services $57230 $27.51
Legal Services $56660 $27.24
Agencies, Brokerages, and Other Insurance Related Activities $55710 $26.78
Credit Intermediation and Related Activities $52280 $25.14
Social Advocacy Organizations $51760 $24.89
Securities, Commodity Contracts, and Other Financial Investments and Related Activities $51500 $24.76
Nondepository Credit Intermediation $51360 $24.69
Junior Colleges $51320 $24.67
Local Government $51210 $24.62
Colleges, Universities, and Professional Schools $50660 $24.35
Management of Companies and Enterprises $50210 $24.14
Computer Systems Design and Related Services $49560 $23.83
Business, Professional, Labor, Political, and Similar Organizations $49070 $23.59
Educational Support Services $48040 $23.10
Real Estate $47710 $22.94
Business Schools and Computer and Management Training $47600 $22.89
Individual and Family Services $46300 $22.26
Technical and Trade Schools $45900 $22.07
Specialty Hospitals $45660 $21.95
Employment Services $45030 $21.65
Office Administrative Services $44820 $21.55
Other Professional, Scientific, and Technical Services $44470 $21.38
General Medical and Surgical Hospitals $44280 $21.29
Outpatient Care Centers $43850 $21.08
Offices of Physicians $43630 $20.98

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