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Credit Counselors Salary in New Mexico

How much does a Credit Counselors make in New Mexico?

Last updated: 2024 data from the Bureau of Labor Statistics

$46,340
Median Annual Salary
$47,870
Mean Salary
$46,340
Median Salary
$22.28
Hourly Rate
240 people work as Credit Counselors in New Mexico

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 New Mexico

Salaries for Credit Counselors in New Mexico range from $40,570 at the 10th percentile (entry level) to $57,300 at the 90th percentile (experienced). The middle 50% earn between $40,670 and $50,940.

Median $46,340
P10: $40,570 P25: $40,670 P75: $50,940 P90: $57,300
10th
$40,570
25th
$40,670
Median
$46,340
75th
$50,940
90th
$57,300
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $40,570 $19.50 $3,380
25th Percentile $40,670 $19.55 $3,389
Median (50th) $46,340 $22.28 $3,861
75th Percentile $50,940 $24.49 $4,245
90th Percentile (Experienced) $57,300 $27.55 $4,775

Note: The mean (average) salary of $47,870 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 New Mexico 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 New Mexico?
The median annual salary for a Credit Counselors in New Mexico is $46,340 as of 2024. The average (mean) salary is $47,870.
What is the salary range for a Credit Counselors in New Mexico?
Salaries for Credit Counselors in New Mexico range from $40,570 at the 10th percentile to $57,300 at the 90th percentile. The middle 50%% earn between $40,670 and $50,940.
What is the starting salary for a Credit Counselors in New Mexico?
Entry-level Credit Counselors positions in New Mexico typically start around $40,570 (10th percentile). With some experience, salaries rise to $40,670 (25th percentile).
How many people work as Credit Counselors in New Mexico?
According to 2024 BLS data, approximately 240 people are employed as Credit Counselors in New Mexico.
What is the hourly rate for a Credit Counselors in New Mexico?
Based on a standard 2,080-hour work year, the median hourly rate for a Credit Counselors in New Mexico is approximately $22.28 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