Credit Counselors and Loan Officers

Total Income to Compare:

$

Income Percentile Results

See Similar Occupations

• All Occupations
• Credit Counselors and Loan Officers
• Financial Examiners
• Financial Specialists, nec
• Tax Examiners and Collectors, and Revenue Agents
• Tax Preparers

Income Percentile Stats

• To be in the top 1% for this age range, your household would need an income of $625,753 per year. This would include salary, investments, and any business income.
• To be in the top 5% for this age range, your household would need an income of $292,265 per year. This would include salary, investments, and any business income.

Income of Credit Counselors and Loan Officers by Highest Education Level

Total Income of $55,000 ranks for education levels:

• Compared to Doctoral degree holders this ranks between the 34.8th and 49.1th percentiles.
• Compared to Professional degree beyond a Bachelor's degree holders this ranks between the 17.8th and 23.4th percentiles.
• Compared to Master's degree holders this ranks between the 17th and 25.3th percentiles.
• Compared to Bachelor's degree holders this ranks between the 26.9th and 36.5th percentiles.
• Compared to HS Diploma / GED degree holders this ranks between the 47.4th and 62.1th percentiles.

Income Percentile Distribution by Education Level

Highest Level of Education for Credit Counselors and Loan Officers:

• Other (N/A or Less than HS): 0.9%
• HS Diploma / GED: 12.8%
• Associates Degree and Some College: 33.4%
• Bachelors Degree: 42.5%
• Masters Degree: 9.5%
• Professional Degree beyond a Bachelors: 0.7%
• Doctoral Degree (PHd) : 0.2%

Most Common Bachelors Degree Majors

• For Business undergraduate majors this income ranks between the 21.7th and 31.9th percentiles.
• For Social Sciences undergraduate majors this income ranks between the 28.2th and 35.6th percentiles.
• For Communications undergraduate majors this income ranks between the 26.9th and 36.4th percentiles.
• For Psychology undergraduate majors this income ranks between the 42th and 48.9th percentiles.
• For Education Administration and Teaching undergraduate majors this income ranks between the 31th and 43.4th percentiles.
• For Agriculture undergraduate majors this income ranks between the 26.7th and 36th percentiles.
• For Fine Arts undergraduate majors this income ranks between the 44.4th and 50.3th percentiles.
• For Engineering undergraduate majors this income ranks between the 19.9th and 31th percentiles.
• For Criminal Justice and Fire Protection undergraduate majors this income ranks between the 42.9th and 56.2th percentiles.
• For Liberal Arts and Humanities undergraduate majors this income ranks between the 31.8th and 35.3th percentiles.

Note: The source data only records undergraduate degree majors, even if a person continues to study.

Treemap of Undergraduate Majors

Methodology and Assumptions

This data was sourced from the person-level data recorded by the American Communities Survey. The version of the survey used was the most recent 5 year revision for data recorded from 2017-2022. These results represent 361,351 Credit Counselors and Loan Officers. The occupation code that was used to generate these results e was 0910 to read more about the occupation codes that the ACS and Census use. These results were generated in R using raw data from the ACS and precalculated in a batch. This data includes all individual income for the survey respondent, so some of the people may have a wage job as well as other income sources. I did not limit to wage income, because many occupations have high portions of entrepreneurs (CEOs, doctors, tradespeople).

Exclusions and Filters Applied:

• Filtered for people who reported working at least 30 hours a week.
• High School Graduates and GED graduates were original 2 separate categories that I combined.
• Anything below High School Graduates is combined into a separate category. I did not include these on the page for space reason but I can.
The data has data for associate degree holders and some college and these values are mostly in between the high school and bachelors samples. There doesn't seem to be a significant difference between some college and an associates degree.
• All ages are included and not separated. I did some initial testing and there is a difference if the data is split out by age, but I wasn't able to consolidate the data into a way that would make it fast to interact with and avoid being too complicated.
• There may be some confusion around a masters degree vs a professional degree beyond a masters. This was a distinction made in the original raw data that I decided to keep. Because the data is collected by polling people individually, some of the respondents may have mixed up the difference depending on how they phrased their response.
  • Masters Degree : MBA, Masters in Something
  • Professional Degree beyond a Bachelors Degree: Law Degree, Medical School, generally these degrees are credentials for specific careers.
  • Doctoral Degree: PHd