How much does a Credit Counselors make in Michigan?
Last updated: 2024 data from the Bureau of Labor Statistics
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.
Source: O*NET OnLine, U.S. Department of Labor
Salaries for Credit Counselors in Michigan range from $40,720 at the 10th percentile (entry level) to $90,800 at the 90th percentile (experienced). The middle 50% earn between $46,950 and $62,690.
| Percentile | Annual Salary | Hourly Rate | Monthly |
|---|---|---|---|
| 10th Percentile (Entry Level) | $40,720 | $19.58 | $3,393 |
| 25th Percentile | $46,950 | $22.57 | $3,912 |
| Median (50th) | $51,000 | $24.52 | $4,250 |
| 75th Percentile | $62,690 | $30.14 | $5,224 |
| 90th Percentile (Experienced) | $90,800 | $43.65 | $7,566 |
Note: The mean (average) salary of $58,180 differs from the median because salary distributions are typically skewed by high earners.
Some links may be affiliate links. See our Affiliate Disclosure.
What does this salary really buy? See Credit Counselors salary in Michigan adjusted for cost of living →
Compare Credit Counselors pay across states — sorted by highest median salary.
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