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Credit Counselors Salary in Michigan
Last updated: 2025 BLS data · Page refreshed:
How much do Credit Counselors make in Michigan?
Last updated: 2025 data from the Bureau of Labor Statistics
$52,160
Median Annual Salary
▲
+2.3% vs 2024
$57,490
Mean Salary
$52,160
Median Salary
$25.08
Hourly Rate
1,260 people work as Credit Counselors in Michigan
Credit Counselors salary by percentile in Michigan
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Credit Counselors in Michigan earn a median salary of $52,160 per year ($4,346/month).
This is 1.3% below the national average of $52,826.
Michigan ranks #22 out of 46 states for Credit Counselors pay.
Approximately 1,260 people work in this occupation across Michigan.
Salaries increased by 2.3% compared to 2024.
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)
Salaries for Credit Counselors in Michigan range from $39,440 at the 10th percentile (entry level) to $77,970 at the 90th percentile (experienced). The middle 50% earn between $47,380 and $60,470.
Median $52,160
P10: $39,440P25: $47,380P75: $60,470P90: $77,970
10th
$39,440
25th
$47,380
Median
$52,160
75th
$60,470
90th
$77,970
Percentile
Annual Salary
Hourly Rate
Monthly
10th Percentile (Entry Level)
$39,440
$18.96
$3,286
25th Percentile
$47,380
$22.78
$3,948
Median (50th)
$52,160
$25.08
$4,346
75th Percentile
$60,470
$29.07
$5,039
90th Percentile (Experienced)
$77,970
$37.49
$6,497
Note: The mean (average) salary of $57,490 differs from the median because salary distributions are typically skewed by high earners.
The median annual salary for Credit Counselors in Michigan is $52,160 as of 2025. The average (mean) salary is $57,490.
What is the salary range for a Credit Counselors in Michigan?
Salaries for Credit Counselors in Michigan range from $39,440 at the 10th percentile to $77,970 at the 90th percentile. The middle 50% earn between $47,380 and $60,470.
What is the starting salary for a Credit Counselors in Michigan?
Entry-level Credit Counselors positions in Michigan typically start around $39,440 (10th percentile). With some experience, salaries rise to $47,380 (25th percentile).
How many people work as Credit Counselors in Michigan?
According to 2025 BLS data, approximately 1,260 people are employed as Credit Counselors in Michigan.
What is the hourly rate for a Credit Counselors in Michigan?
Based on a standard 2,080-hour work year, the median hourly rate for a Credit Counselors in Michigan is approximately $25.08 per hour.
Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2025 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.
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