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Credit Counselors Salary in Minnesota

How much does a Credit Counselors make in Minnesota?

Last updated: 2024 data from the Bureau of Labor Statistics

$58,640
Median Annual Salary
$58,030
Mean Salary
$58,640
Median Salary
$28.19
Hourly Rate
590 people work as Credit Counselors in Minnesota

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 Minnesota

Salaries for Credit Counselors in Minnesota range from $45,850 at the 10th percentile (entry level) to $69,040 at the 90th percentile (experienced). The middle 50% earn between $51,450 and $63,950.

Median $58,640
P10: $45,850 P25: $51,450 P75: $63,950 P90: $69,040
10th
$45,850
25th
$51,450
Median
$58,640
75th
$63,950
90th
$69,040
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $45,850 $22.04 $3,820
25th Percentile $51,450 $24.74 $4,287
Median (50th) $58,640 $28.19 $4,886
75th Percentile $63,950 $30.75 $5,329
90th Percentile (Experienced) $69,040 $33.19 $5,753

Note: The mean (average) salary of $58,030 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 Minnesota 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 Minnesota?
The median annual salary for a Credit Counselors in Minnesota is $58,640 as of 2024. The average (mean) salary is $58,030.
What is the salary range for a Credit Counselors in Minnesota?
Salaries for Credit Counselors in Minnesota range from $45,850 at the 10th percentile to $69,040 at the 90th percentile. The middle 50%% earn between $51,450 and $63,950.
What is the starting salary for a Credit Counselors in Minnesota?
Entry-level Credit Counselors positions in Minnesota typically start around $45,850 (10th percentile). With some experience, salaries rise to $51,450 (25th percentile).
How many people work as Credit Counselors in Minnesota?
According to 2024 BLS data, approximately 590 people are employed as Credit Counselors in Minnesota.
What is the hourly rate for a Credit Counselors in Minnesota?
Based on a standard 2,080-hour work year, the median hourly rate for a Credit Counselors in Minnesota is approximately $28.19 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