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Average Credit Counselors Salary in Arizona

Credit Counselors in Arizona earn an average annual salary of $48,470, which is notably below the national average of $55,430. This disparity is often influenced by a combination of local economic factors, the specific demand within the state, and the overall cost of living, which can shape compensation benchmarks.

Executive Summary

  • Average Salary: $48,470 per year.
  • Growth Trend: Salaries have shifted 17.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,720.
  • Outlook: With a local workforce of 1,240 Credit Counselors, Arizona presents a significant concentration of these professionals, as indicated by a Location Quotient of 2.13. This suggests a robust demand and a well-established presence for this role within the state's economy, implying a stable job market for those in the field.
2024 Market Data

Salary Overview

$48,470

The average Credit Counselors in Arizona earns-12.6%below the national average.

BreakdownBased on 40h/week
Hourly

$23.3

Weekly

$932

Monthly

$4,039

Credit Counselors Salary Distribution in Arizona

Career progression for Credit Counselors in Arizona typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior counselors with extensive experience and specialized skills can command significantly higher salaries, reflecting the percentile gaps in compensation.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,420$18.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$36,353$17.5
ManagerOversees team, compliance, and project delivery.50% (Median)$47,300$22.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$60,588$29.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$61,720$29.7

Detailed Credit Counselors Market Analysis

Relocation Context

Nominal Salary

$48,470

Gross Pay

Real Wage (Purchasing Power)

$45,555

Adjusted for COL (106.4)

The average annual salary of $48,470 in Arizona, when viewed against a Cost of Living Index of 106.4 (meaning it's 6.4% higher than the national average), suggests that the purchasing power of a Credit Counselor's salary may be somewhat constrained. While the nominal salary appears lower than the national average, the local cost of living further impacts the real value of this income.

Job Market Context

1,240

Total Jobs

0.388

Per 1K Jobs

2.13

Location Quotient

Major Hub

Arizona has 2.1x the national concentration of Credit Counselors jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

Arizona's Location Quotient of 2.13 for Credit Counselors indicates a market that is more than twice as concentrated as the national average. This suggests a strong presence and potentially higher demand for these services within the state, making it a potentially competitive but also opportunity-rich environment for professionals in this field.

Nearby Job Markets

Nearby Cities for Credit Counselors

CitySalaryDist.
Phoenix-Mesa-Chandler, AZ Credit Counselors Salary$48,650↑ 0%39 mi

Comparing salaries near Arizona

Hiring Credit Counselorss?

Frequently Asked Questions

How much does a Credit Counselors make in Arizona?

The median annual salary for a Credit Counselors in Arizona is $48,470. This typically ranges from $38,420 for entry-level positions to $61,720 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Arizona is 12.6% lower than the national median of $55,430.

Is Arizona a lucrative place for Credit Counselors?

No, not when considering the national average and cost of living.While Arizona has a strong concentration of Credit Counselors, the average salary of $48,470 is below the national average, and the cost of living is slightly higher than the national average, impacting overall lucrativeness.

Is Arizona a good place to live for Credit Counselors?

The Cost of Living Index in Arizona is 106.4. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Arizona?

Some top paying nearby cities include Phoenix-Mesa-Chandler, AZ ($48,650) and others.

How does Arizona's job market compare to the national average for Credit Counselors?

Arizona's job market for Credit Counselors is more concentrated than the national average, with a Location Quotient of 2.13, suggesting a stronger presence of these roles within the state.

What is the average salary for a Credit Counselor in Arizona?

The average annual salary for a Credit Counselor in Arizona is $48,470.

How does the cost of living in Arizona affect a Credit Counselor's salary?

With a Cost of Living Index of 106.4, Arizona is slightly more expensive than the national average, meaning the $48,470 salary may have less purchasing power compared to areas with a lower cost of living.

What is the total number of Credit Counselors in Arizona?

There are approximately 1,240 Credit Counselors employed in Arizona.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,240 employees in the Arizona area with a job density of 0.388 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Credit Counselors • Data source: BLS OEWS 2024 •Jobs in Arizona