Average Credit Counselors Salary in Peoria, IL
The average salary for Credit Counselorss in Peoria, IL is $46,600. While this is lower than the national average, the cost of living in Peoria, IL may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $46,600 per year.
- Growth Trend: Salaries have shifted 8.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $50,230.
- 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 Peoria, IL economy.
Salary Overview
The average Credit Counselors in Peoria, IL earns-15.9%below the national average.
$22.4
$896
$3,883
Credit Counselors Salary Trends (2020-2024)
Over the past 2 years, Credit Counselors salaries in Peoria, IL have remained stable with a modest increase of 8.4%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Credit Counselors Salary Distribution in Peoria, IL
The earning potential for Credit Counselorss in Peoria, IL 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 $39,630, while highly experienced professionals can command wages upwards of $50,230.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,630 | $19.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,950 | $16.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,500 | $23.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $58,250 | $28 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $50,230 | $24.1 |
Detailed Credit Counselors Market Analysis
Relocation Context
Nominal Salary
$46,600
Gross Pay
Real Wage (Purchasing Power)
$46,600
Adjusted for COL (100)
In Peoria, IL, the Cost of Living Index is 100. This increases your effective purchasing power from $46,600 to $46,600.
Job Market Context
40
Total Jobs
0.215
Per 1K Jobs
1.18
Location Quotient
With a location quotient of 1.18, Peoria, IL has a slightly higher-than-average concentration of Credit Counselors roles compared to the national norm.
40 people work as Credit Counselors in Peoria, IL.
Only 0.215 out of every 1,000 local jobs are Credit Counselors roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Credit Counselors
| City | Salary | Dist. |
|---|---|---|
| West Central Illinois nonmetropolitan area Credit Counselors Salary | $51,650↑ 11% | 43 mi |
Comparing salaries near Peoria, IL
Hiring Credit Counselorss?
Frequently Asked Questions
How much does a Credit Counselors make in Peoria, IL?
The median annual salary for a Credit Counselors in Peoria, IL is $46,600. This typically ranges from $39,630 for entry-level positions to $50,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 15.9% lower than the national median of $55,430.
Is Peoria, IL a good place for Credit Counselorss?
It depends on your priorities. While the average Credit Counselors salary in Peoria, IL is $46,600 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Peoria, IL. See distinct detailed breakdown below.
Is Peoria, IL a good place to live for Credit Counselors?
The Cost of Living Index in Peoria, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Peoria, IL?
Some top paying nearby cities include West Central Illinois nonmetropolitan area ($51,650) and others.
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 Peoria, IL area with a job density of 0.215 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 Peoria, IL