Credit Counselors Salary in Minnesota
SOC 13-2071 · Minnesota · BLS OEWS May 2024
The median salary for Credit Counselors in Minnesota is $58,635 per year ($28.19/hr). This is 16.2% higher than the national median of $50,482. The middle 50% earn between $51,459 and $63,960 annually. Top earners at the 90th percentile reach $69,035.
Wage Percentiles: Minnesota
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $22.05 | $45,864 | +17.7% |
| P25 | $24.74 | $51,459 | +13.3% |
| P50MEDIAN | $28.19 | $58,635 | +16.2% |
| P75 | $30.75 | $63,960 | +3.6% |
| P90 | $33.19 | $69,035 | -11.4% |
Market Context Signal
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
Frequently Asked Questions
What is the median credit counselors salary in Minnesota?
The median (P50) annual salary for Credit Counselors in Minnesota is approximately $58,635, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 16.2% higher than the national median of $50,482.
What is the salary range for entry-level credit counselors in Minnesota?
Entry-level Credit Counselors (10th percentile) in Minnesota earn approximately $45,864 per year. The 25th percentile is $51,459. Top earners (90th percentile) reach $69,035.
How does Minnesota compare to the national average for credit counselors?
Minnesota pays 16.2% higher than the national average. The national P50 is $50,482 vs $58,635 in Minnesota. Based on BLS national data adjusted for regional cost factors.
Credit Counselors Salary by Location
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