TL;DR

About 28,110 credit counselors nationally earn a mean of $70,096. Employment in the series shown fell about 13% from the first to the last year; projections imply about 1.4% annual decline.

Key Statistics

28,110
2023 Workforce
None
Average Age
$70,096
Average Salary

Credit Counselors: what the data shows

Common questions about credit counselors careers, answered from BLS OEWS and O*NET in this repository.

What is a credit counselors?

Credit Counselors is tracked by the Bureau of Labor Statistics under SOC 13-2071.

U.S. employment in our OEWS extract is about 28,110 workers.

What does a credit counselors do?

O*NET work activities rated highest for this occupation include Getting Information, Working with Computers, Documenting/Recording Information, Making Decisions and Solving Problems, Updating and Using Relevant Knowledge, Communicating with People Outside the Organization, and related tasks. See Work Activities for the full list.

How much does a credit counselors make?

BLS national median annual wage: $50,480 (May 2024 in our extract).

Mean annual wage in our occupational extract: $70,096 — higher than the median, which often reflects top earners in the distribution.

Wage percentileAnnual wage
10th percentile$45,804
25th percentile$55,449
Median (50th)$67,040
75th percentile$80,281
90th percentile$96,059

What education do you need?

For Credit Counselors, O*NET incumbent surveys in our extract most often report: Some college (29%), High School or Equivalent (27%), Bachelors Degree (22%).

These are education levels of current workers, not minimum legal requirements.

What skills do you need?

O*NET ratings for this occupation emphasize skills such as Speaking, Active Listening, Reading Comprehension, Writing, Critical Thinking, Service Orientation, and knowledge areas including Customer and Personal Service, English Language, Mathematics, Administrative. See Education & Skills for detail.

Is credit counselors in demand?

Historical employment trend in our series implies about 1.4% annual decline (compound rate in the extract).

Five-year projected employment change: -6.8%.

Ten-year projected employment change: -13.1%.

Current U.S. headcount: 28,110.

We report federal series only—compare wages, growth, and openings against your target market.

Where do credit counselorss work?

Top industries by employment share in our OEWS industry extract:

IndustryEmploymentShare
Cross-industry28,11015.6%
Educational Services27,95015.5%
Cross-industry, Private Ownership only20,37011.3%
Colleges, Universities, and Professional Schools17,9609.9%
Educational Services13,9707.7%
Federal, State, and Local Government, including State and Local Government Schools and Hospitals and the U.S. Postal Service (OEWS Designation)7,7404.3%

See Industry for charts.

What degrees lead to this career?

Common majors for Credit Counselors in O*NET:

See Related degrees.

What careers are related?

Other occupations linked through shared degree pathways in our mapping:

OccupationU.S. employmentMedian wage
Genetic Counselors3,510$98,910
Substance Abuse and Behavioral Disorder Counselors
Mental Health Counselors
Educational, Guidance, and Career Counselors and Advisors342,350$65,140
Social Workers, All Other64,940$69,480

Employment

Employment and salary information for the Credit Counselors workforce.

Employment Over Time

28,110 Workforce in 2023

The Credit Counselors workforce has been growing over time.

Historical employment trends for Credit Counselors.

Yearly Wage Ranking

$70,096 Average Wage

In 2023, Credit Counselors earned an average of $70,096.

Wage ranking compared to other occupations.

Wage Distribution

This chart shows the distribution of average salaries by income buckets for Credit Counselors.

Salary distribution for Credit Counselors.

Employment Growth Projections

-1.4% Compound Annual Growth Rate (CAGR)

7,550 Projected Employment (5 years)

Projected growth: -6.8%

7,039 Projected Employment (10 years)

Projected growth: -13.1%

This occupation is experiencing a decline. Consider related fields with better growth prospects.

Historical employment trends and future projections for Credit Counselors.

Industry

Information on the industries that employ Credit Counselors and on wages for those in the field.

Occupations by Industries

This graphic shows the share of Credit Counselors employed by various industries.

Industry distribution for Credit Counselors.

Wage Trends by Industry

-0.7% Average Annual Wage Growth Rate

Historical wage growth trends by industry for Credit Counselors.

Geographic Distribution

Employment and wage information by geographic location for Credit Counselors.

Metropolitan employment on this page is from the California OEWS extract. Area names omit state codes; all listed metros are in California, so the state chart shows California totals (not a multi-state ranking).

Top States by Employment

Top States by Employment:

  • CA: 1,890 employees, $70,361 avg wage

Top 10 states by employment for Credit Counselors.

Top Metropolitan Areas

Top Metropolitan Areas:

  • Los Angeles-Long Beach-Glendale MD: 640 employees, $68,127 avg wage
  • Anaheim-Santa Ana-Irvine MD: 210 employees, $68,142 avg wage
  • San Diego-Chula Vista-Carlsbad MSA: 190 employees, $72,347 avg wage
  • San Jose-Sunnyvale-Santa Clara MSA: 150 employees, $77,287 avg wage
  • Riverside-San Bernardino-Ontario MSA: 140 employees, $68,925 avg wage
  • Oakland-Fremont-Berkeley MD: 130 employees, $74,357 avg wage
  • San Francisco-San Mateo-Redwood City MD: 130 employees, $77,520 avg wage
  • Sacramento-Roseville-Folsom MSA: 100 employees, $75,820 avg wage
  • Oxnard-Thousand Oaks-Ventura MSA: 60 employees, $65,930 avg wage
  • Fresno MSA: 50 employees, $67,774 avg wage

Top 10 metropolitan statistical areas by employment for Credit Counselors.

Diversity

Demographic information on Credit Counselors in the US.

Gender and Age

The workforce of Credit Counselors in 2023 was 28,110 people, with 62.0% women and 38.0% men.

Gender and age distribution for Credit Counselors.

Races

Racial and ethnic shares when present in the career dataset. If the chart area shows a notice instead, occupational race/ethnicity fields are not yet populated for this extract.

Race and ethnicity distribution for Credit Counselors.

Education & Skills

Data on higher education choices and required skills for Credit Counselors.

Majors

The most common majors achieved by Credit Counselors in 2023 were Business Administration, Social Work, Psychology.

Common majors for Credit Counselors.

Education Levels

The main educational levels achieved by Credit Counselors workers.

Education level distribution for Credit Counselors.

Skills

Credit Counselors need many skills, but most especially Speaking, Active Listening, Reading Comprehension, Writing, Critical Thinking.

Required skills for Credit Counselors.

Knowledge & Abilities

Knowledge areas and abilities required for Credit Counselors.

Knowledge Areas

The most important knowledge areas for Credit Counselors include Customer and Personal Service, English Language, Mathematics, Administrative, Education and Training.

Knowledge areas required for Credit Counselors.

Abilities

Key abilities needed for Credit Counselors include Oral Expression, Oral Comprehension, Written Comprehension, Written Expression, Deductive Reasoning.

Required abilities for Credit Counselors.

Work Activities

Common work activities performed by Credit Counselors.

Daily Activities

Credit Counselors spend their time on activities such as Getting Information, Working with Computers, Documenting/Recording Information, Making Decisions and Solving Problems, Updating and Using Relevant Knowledge.

Most important work activities for Credit Counselors.

About

Credit Counselors

The average yearly wage for Credit Counselors was $70,096 in 2023.

SOC Code

13-2071 - Credit Counselors

Insights and Analysis

Compensation snapshot: Credit Counselors reports an average salary of $70,096.

Labor market presence: The current workforce is approximately 28,110 workers, indicating sustained demand.

Forward outlook: Projected annual decline is -1.4%, which should inform long-term career planning.

Data Sources

This page uses data from the following sources:

  • College Scorecard - U.S. Department of Education
    • Institutional characteristics, costs, completion rates, and earnings data
    • Data years: 2015-2024
    • Source: collegescorecard.ed.gov
  • Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
    • Employment and wage data by occupation
    • Latest data: May 2024
    • Source: bls.gov/oes
  • O*NET Online - U.S. Department of Labor
    • Occupational skills, knowledge, abilities, and work activities
    • Database version: 28.0 (August 2023)
    • Source: onetcenter.org
  • IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
    • Institutional data, completions, enrollment, and financial aid
    • Data years: 2015-2024
    • Source: nces.ed.gov/ipeds
  • Census Bureau American Community Survey (ACS)
    • Demographic and workforce data
    • Latest data: 2023 ACS 5-Year Estimates
    • Source: census.gov/acs

Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

Last Updated: Data reflects the most recent available information as of January 2025.

Methodology

Data for this profile is sourced from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS), Census Bureau American Community Survey (ACS), and O*NET Online.

All wage figures represent annual averages and may vary by location, industry, and experience level.