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Credit Counselors Salary in Massachusetts

How much does a Credit Counselors make in Massachusetts?

Last updated: 2024 data from the Bureau of Labor Statistics

$62,060
Median Annual Salary
$65,010
Mean Salary
$62,060
Median Salary
$29.84
Hourly Rate
930 people work as Credit Counselors in Massachusetts

About This Job: 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.

Top Skills

Speaking
4.0
Reading Comprehension
3.88
Active Listening
3.88
Writing
3.75
Critical Thinking
3.75

Key Knowledge Areas

Customer and Personal Service
4.64
English Language
4.08
Mathematics
3.64
Administrative
3.48
Education and Training
3.44
Typical Education: Bachelor's Degree (40.0% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Credit Counselors in Massachusetts

Salaries for Credit Counselors in Massachusetts range from $43,570 at the 10th percentile (entry level) to $95,640 at the 90th percentile (experienced). The middle 50% earn between $49,150 and $77,960.

Median $62,060
P10: $43,570 P25: $49,150 P75: $77,960 P90: $95,640
10th
$43,570
25th
$49,150
Median
$62,060
75th
$77,960
90th
$95,640
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $43,570 $20.95 $3,630
25th Percentile $49,150 $23.63 $4,095
Median (50th) $62,060 $29.84 $5,171
75th Percentile $77,960 $37.48 $6,496
90th Percentile (Experienced) $95,640 $45.98 $7,970

Note: The mean (average) salary of $65,010 differs from the median because salary distributions are typically skewed by high earners.

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What does this salary really buy? See Credit Counselors salary in Massachusetts adjusted for cost of living →

Credit Counselors Salary by State

Compare Credit Counselors pay across states — sorted by highest median salary.

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Frequently Asked Questions

How much does a Credit Counselors make in Massachusetts?
The median annual salary for a Credit Counselors in Massachusetts is $62,060 as of 2024. The average (mean) salary is $65,010.
What is the salary range for a Credit Counselors in Massachusetts?
Salaries for Credit Counselors in Massachusetts range from $43,570 at the 10th percentile to $95,640 at the 90th percentile. The middle 50%% earn between $49,150 and $77,960.
What is the starting salary for a Credit Counselors in Massachusetts?
Entry-level Credit Counselors positions in Massachusetts typically start around $43,570 (10th percentile). With some experience, salaries rise to $49,150 (25th percentile).
How many people work as Credit Counselors in Massachusetts?
According to 2024 BLS data, approximately 930 people are employed as Credit Counselors in Massachusetts.
What is the hourly rate for a Credit Counselors in Massachusetts?
Based on a standard 2,080-hour work year, the median hourly rate for a Credit Counselors in Massachusetts is approximately $29.84 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS