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Average Credit Counselors Salary in Houston-Pasadena-The Woodlands, TX

In Houston-Pasadena-The Woodlands, TX, Credit Counselors earn an average annual salary of $49,920. This figure is slightly below the national average of $55,430, indicating that local market dynamics and potentially a slightly lower cost of living influence compensation for this role. While the nominal salary may seem lower, understanding the local economic landscape is key to evaluating its true value.

Executive Summary

  • Average Salary: $49,920 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $62,680.
  • Outlook: The Houston-Pasadena-The Woodlands area supports a local workforce of 660 Credit Counselors, with a jobs-per-1,000-workers ratio of 0.204. The Location Quotient of 1.12 suggests a slightly higher concentration of these roles compared to the national average, implying a stable, albeit not rapidly expanding, demand within the region.
2024 Market Data

Salary Overview

$49,920

The average Credit Counselors in Houston-Pasadena-The Woodlands, TX earns-9.9%below the national average.

BreakdownBased on 40h/week
Hourly

$24

Weekly

$960

Monthly

$4,160

Credit Counselors Salary Distribution in Houston-Pasadena-The Woodlands, TX

Career progression for Credit Counselors typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The salary distribution, though not detailed here, would show a clear upward trend from junior to senior roles, reflecting increased responsibility and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,390$18
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$37,440$18
ManagerOversees team, compliance, and project delivery.50% (Median)$47,540$22.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$62,400$30
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$62,680$30.1

Detailed Credit Counselors Market Analysis

Relocation Context

Nominal Salary

$49,920

Gross Pay

Real Wage (Purchasing Power)

$49,920

Adjusted for COL (100)

The average annual salary for a Credit Counselor in Houston-Pasadena-The Woodlands, TX, stands at $49,920. With a Cost of Living Index of 100, which is precisely the national average, this nominal salary offers purchasing power equivalent to the national median. Therefore, the financial implications of relocating for this role are neutral from a cost-of-living perspective.

Job Market Context

660

Total Jobs

0.204

Per 1K Jobs

1.12

Location Quotient

Above Average

With a location quotient of 1.12, Houston-Pasadena-The Woodlands, TX has a slightly higher-than-average concentration of Credit Counselors roles compared to the national norm.

The Location Quotient of 1.12 for Credit Counselors in Houston-Pasadena-The Woodlands, TX, indicates a slightly higher concentration of these professionals compared to the national average. This suggests a moderately competitive job market where employers may have a slightly larger pool of candidates to draw from, but also implies a consistent demand for their services within the region.

Nearby Job Markets

Nearby Cities for Credit Counselors

Comparing salaries near Houston-Pasadena-The Woodlands, TX

Hiring Credit Counselorss?

Frequently Asked Questions

How much does a Credit Counselors make in Houston-Pasadena-The Woodlands, TX?

The median annual salary for a Credit Counselors in Houston-Pasadena-The Woodlands, TX is $49,920. This typically ranges from $37,390 for entry-level positions to $62,680 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Houston-Pasadena-The Woodlands, TX is 9.9% lower than the national median of $55,430.

Is Houston-Pasadena-The Woodlands, TX a lucrative place for Credit Counselors?

No, not significantly more lucrative than the national average.The average salary of $49,920 is below the national average of $55,430, and the Cost of Living Index is exactly at the national average. This means the purchasing power of the salary is on par with the national median, offering no significant financial advantage.

Is Houston-Pasadena-The Woodlands, TX a good place to live for Credit Counselors?

The Cost of Living Index in Houston-Pasadena-The Woodlands, TX is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Houston-Pasadena-The Woodlands, TX?

Some top paying nearby cities include Beaumont-Port Arthur, TX ($40,680) and College Station-Bryan, TX.

How does the Houston Credit Counselor salary compare to the national average?

The average annual salary for a Credit Counselor in Houston-Pasadena-The Woodlands, TX, is $49,920, which is approximately 10% lower than the national average of $55,430.

What is the significance of the Location Quotient (LQ) for Credit Counselors in Houston?

An LQ of 1.12 means there are about 12% more Credit Counselors employed in the Houston area per 1,000 workers than the national average. This suggests a slightly higher demand or concentration of this profession locally.

Does the Cost of Living in Houston affect the value of a Credit Counselor's salary?

No, the Cost of Living Index in Houston is 100, which is the national average. This means the $49,920 salary has the same purchasing power as the national average salary, offering no advantage or disadvantage due to living expenses.

How many Credit Counselors work in the Houston area?

The Houston-Pasadena-The Woodlands, TX, metropolitan area has a total local workforce of 660 Credit Counselors.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 660 employees in the Houston-Pasadena-The Woodlands, TX area with a job density of 0.204 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.