Average Credit Counselors Salary in Lansing-East Lansing, MI
The average salary for a Credit Counselors in Lansing-East Lansing, MI is $50,270. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $50,270 per year.
- Growth Trend: Salaries have shifted 5.2% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,830.
- Outlook: The current demand for Credit Counselorss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Lansing-East Lansing, MI economy.
Salary Overview
The average Credit Counselors in Lansing-East Lansing, MI earns-9.3%below the national average.
$24.2
$967
$4,189
Credit Counselors Salary Trends (2020-2024)
Over the past 4 years, Credit Counselors salaries in Lansing-East Lansing, MI have seen a slight adjustment of -5.2%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Credit Counselors Salary Distribution in Lansing-East Lansing, MI
The earning potential for Credit Counselorss in Lansing-East Lansing, MI varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $39,920, while highly experienced professionals can command wages upwards of $61,830.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,920 | $19.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,703 | $18.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,610 | $22.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $62,838 | $30.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $61,830 | $29.7 |
Detailed Credit Counselors Market Analysis
Relocation Context
Nominal Salary
$50,270
Gross Pay
Real Wage (Purchasing Power)
$50,270
Adjusted for COL (100)
In Lansing-East Lansing, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $50,270 to $50,270.
Job Market Context
40
Total Jobs
0.191
Per 1K Jobs
1.05
Location Quotient
With a location quotient of 1.05, Lansing-East Lansing, MI has a slightly higher-than-average concentration of Credit Counselors roles compared to the national norm.
40 people work as Credit Counselors in Lansing-East Lansing, MI.
Only 0.191 out of every 1,000 local jobs are Credit Counselors roles — this is a niche profession in the area.
Nearby Job Markets
Hiring Credit Counselorss?
Frequently Asked Questions
How much does a Credit Counselors make in Lansing-East Lansing, MI?
The median annual salary for a Credit Counselors in Lansing-East Lansing, MI is $50,270. This typically ranges from $39,920 for entry-level positions to $61,830 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lansing-East Lansing, MI is 9.3% lower than the national median of $55,430.
Is Lansing-East Lansing, MI a good place for Credit Counselorss?
It depends on your priorities. While the average Credit Counselors salary in Lansing-East Lansing, MI is $50,270 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Lansing-East Lansing, MI. See distinct detailed breakdown below.
Is Lansing-East Lansing, MI a good place to live for Credit Counselors?
The Cost of Living Index in Lansing-East Lansing, MI is 100. While higher than average, this often correlates with higher wages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40 employees in the Lansing-East Lansing, MI area with a job density of 0.191 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Credit Counselors • Data source: BLS OEWS 2024 •Jobs in Lansing-East Lansing, MI