Occupational Employment and Wage Statistics
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Occupational Employment and Wages, May 2023
13-2071 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.
National estimates for Credit Counselors
Industry profile for Credit Counselors
Geographic profile for Credit Counselors
National estimates for Credit Counselors:
Employment estimate and mean wage estimates for Credit Counselors:
| Employment (1) |
Employment
RSE (3) |
Mean hourly
wage |
Mean annual
wage (2) |
Wage RSE (3) |
| 27,950 |
2.1 % |
$ 25.69 |
$ 53,440 |
0.6 % |
Percentile wage estimates for Credit Counselors:
| Percentile |
10% |
25% |
50%
(Median) |
75% |
90% |
| Hourly Wage |
$ 18.01 |
$ 20.18 |
$ 23.35 |
$ 28.84 |
$ 36.07 |
| Annual Wage (2) |
$ 37,460 |
$ 41,980 |
$ 48,570 |
$ 59,990 |
$ 75,030 |
Industry profile for Credit Counselors:
Industries with the highest published employment and wages for Credit Counselors are provided.
For a list of all industries with employment in Credit Counselors, see the Create Customized Tables function.
Industries with the highest levels of employment in Credit Counselors:
| Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
| Colleges, Universities, and Professional Schools |
8,950 |
0.29 |
$ 26.01 |
$ 54,100 |
| Junior Colleges |
2,990 |
0.48 |
$ 26.78 |
$ 55,690 |
| General Medical and Surgical Hospitals |
2,340 |
0.04 |
$ 22.93 |
$ 47,700 |
| Other Professional, Scientific, and Technical Services |
2,330 |
0.27 |
$ 21.62 |
$ 44,960 |
| Credit Intermediation and Related Activities (5221 and 5223 only) |
2,130 |
0.10 |
$ 30.04 |
$ 62,490 |
Industries with the highest concentration of employment in Credit Counselors:
| Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
| Technical and Trade Schools |
1,270 |
0.88 |
$ 24.83 |
$ 51,640 |
| Junior Colleges |
2,990 |
0.48 |
$ 26.78 |
$ 55,690 |
| Nondepository Credit Intermediation |
1,820 |
0.33 |
$ 25.92 |
$ 53,920 |
| Colleges, Universities, and Professional Schools |
8,950 |
0.29 |
$ 26.01 |
$ 54,100 |
| Other Professional, Scientific, and Technical Services |
2,330 |
0.27 |
$ 21.62 |
$ 44,960 |
Top paying industries for Credit Counselors:
Geographic profile for Credit Counselors:
States and areas with the highest published employment, location quotients, and wages for Credit Counselors are provided.
For a list of all areas with employment in Credit Counselors, see the Create Customized Tables function.
States with the highest employment level in Credit Counselors:
| State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| Texas |
3,960 |
0.29 |
1.59 |
$ 21.84 |
$ 45,420 |
| California |
2,470 |
0.14 |
0.75 |
$ 31.76 |
$ 66,050 |
| Florida |
2,080 |
0.22 |
1.18 |
$ 23.94 |
$ 49,790 |
| Illinois |
1,790 |
0.30 |
1.62 |
$ 23.99 |
$ 49,900 |
| New York |
1,570 |
0.17 |
0.91 |
$ 31.26 |
$ 65,020 |
States with the highest concentration of jobs and location quotients in Credit Counselors:
| State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| New Hampshire |
470 |
0.70 |
3.81 |
$ 24.86 |
$ 51,710 |
| Utah |
710 |
0.42 |
2.28 |
$ 25.20 |
$ 52,420 |
| Arizona |
1,250 |
0.40 |
2.17 |
$ 22.56 |
$ 46,930 |
| Wisconsin |
910 |
0.31 |
1.70 |
$ 25.10 |
$ 52,210 |
| New Mexico |
260 |
0.31 |
1.70 |
$ 23.10 |
$ 48,050 |
Top paying states for Credit Counselors:
Metropolitan areas with the highest employment level in Credit Counselors:
| Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| Chicago-Naperville-Elgin, IL-IN-WI |
1,490 |
0.33 |
1.79 |
$ 24.30 |
$ 50,530 |
| New York-Newark-Jersey City, NY-NJ-PA |
1,260 |
0.13 |
0.72 |
$ 33.23 |
$ 69,120 |
| Dallas-Fort Worth-Arlington, TX |
1,180 |
0.30 |
1.62 |
$ 23.30 |
$ 48,470 |
| Phoenix-Mesa-Scottsdale, AZ |
1,080 |
0.47 |
2.56 |
$ 22.67 |
$ 47,140 |
| Los Angeles-Long Beach-Anaheim, CA |
1,050 |
0.17 |
0.92 |
$ 31.55 |
$ 65,620 |
| Houston-The Woodlands-Sugar Land, TX |
750 |
0.24 |
1.29 |
$ 22.07 |
$ 45,900 |
| Boston-Cambridge-Nashua, MA-NH |
600 |
0.22 |
1.18 |
$ 31.98 |
$ 66,520 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV |
510 |
0.17 |
0.90 |
$ 31.92 |
$ 66,400 |
| Detroit-Warren-Dearborn, MI |
490 |
0.26 |
1.40 |
$ 26.01 |
$ 54,090 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD |
490 |
0.17 |
0.93 |
$ 26.24 |
$ 54,570 |
Metropolitan areas with the highest concentration of jobs and location quotients in Credit Counselors:
| Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| Provo-Orem, UT |
370 |
1.27 |
6.91 |
$ 23.57 |
$ 49,020 |
| Ames, IA |
30 |
0.72 |
3.93 |
$ 22.79 |
$ 47,400 |
| Johnson City, TN |
60 |
0.71 |
3.86 |
$ 19.85 |
$ 41,280 |
| College Station-Bryan, TX |
90 |
0.70 |
3.80 |
$ 21.55 |
$ 44,830 |
| Waco, TX |
80 |
0.66 |
3.56 |
$ 21.72 |
$ 45,180 |
| Winchester, VA-WV |
40 |
0.62 |
3.35 |
$ 25.81 |
$ 53,680 |
| Las Cruces, NM |
50 |
0.61 |
3.31 |
$ 21.81 |
$ 45,360 |
| Janesville-Beloit, WI |
40 |
0.55 |
3.00 |
$ 19.65 |
$ 40,860 |
| Abilene, TX |
40 |
0.55 |
2.98 |
$ 20.05 |
$ 41,700 |
| Kalamazoo-Portage, MI |
70 |
0.50 |
2.69 |
$ 23.23 |
$ 48,310 |
Top paying metropolitan areas for Credit Counselors:
| Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| San Jose-Sunnyvale-Santa Clara, CA |
150 |
0.13 |
0.70 |
$ 36.55 |
$ 76,020 |
| San Francisco-Oakland-Hayward, CA |
330 |
0.14 |
0.74 |
$ 35.02 |
$ 72,840 |
| Kansas City, MO-KS |
30 |
0.03 |
0.15 |
$ 33.24 |
$ 69,130 |
| New York-Newark-Jersey City, NY-NJ-PA |
1,260 |
0.13 |
0.72 |
$ 33.23 |
$ 69,120 |
| Boston-Cambridge-Nashua, MA-NH |
600 |
0.22 |
1.18 |
$ 31.98 |
$ 66,520 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV |
510 |
0.17 |
0.90 |
$ 31.92 |
$ 66,400 |
| Sacramento--Roseville--Arden-Arcade, CA |
130 |
0.12 |
0.65 |
$ 31.86 |
$ 66,280 |
| Los Angeles-Long Beach-Anaheim, CA |
1,050 |
0.17 |
0.92 |
$ 31.55 |
$ 65,620 |
| Baltimore-Columbia-Towson, MD |
200 |
0.15 |
0.84 |
$ 31.47 |
$ 65,450 |
| Providence-Warwick, RI-MA |
130 |
0.24 |
1.29 |
$ 31.09 |
$ 64,680 |
Nonmetropolitan areas with the highest employment in Credit Counselors:
Nonmetropolitan areas with the highest concentration of jobs and location quotients in Credit Counselors:
Top paying nonmetropolitan areas for Credit Counselors:
About May 2023 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates
These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia.
The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.
The percentile wage estimate is the value of a wage below which a certain percent of workers fall.
The median wage is the 50th percentile wage estimate—50 percent of workers earn less than the median and 50 percent of workers earn more than the median.
More about percentile wages.
(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.
(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours;
for those occupations where there is not an hourly wage published, the annual wage has been directly calculated from the reported survey data.
(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.
(7) The value is less than .005 percent of industry employment.
(8) Estimate not released.
(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration.
A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.
Other OEWS estimates and related information:
May 2023 National Occupational Employment and Wage Estimates
May 2023 State Occupational Employment and Wage Estimates
May 2023 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates
May 2023 National Industry-Specific Occupational Employment and Wage Estimates
May 2023 Occupation Profiles
Technical Notes
Last Modified Date: April 3, 2024
United States Department of Labor
