Average Credit Counselors Salary in Phoenix-Mesa-Chandler, AZ
In the Phoenix-Mesa-Chandler, AZ metropolitan area, Credit Counselors earn an average annual salary of $48,650. This figure is notably below the national average of $55,430, suggesting that local market dynamics, such as demand and the cost of living, play a significant role in compensation for this profession within the region.
Executive Summary
- Average Salary: $48,650 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,810.
- Outlook: The Credit Counselor job market in Phoenix-Mesa-Chandler, AZ, is characterized by a substantial local workforce of 950 individuals. With a Location Quotient of 2.22, Credit Counselors are more concentrated in this area than the national average, indicating a potentially robust demand or a specialized local industry that requires their services. The presence of 0.405 jobs per 1,000 workers further underscores the established presence of this role within the regional economy.
Salary Overview
The average Credit Counselors in Phoenix-Mesa-Chandler, AZ earns-12.2%below the national average.
$23.4
$936
$4,054
Credit Counselors Salary Trends (2020-2024)
While specific historical data for Credit Counselor salary growth in Phoenix-Mesa-Chandler, AZ is not provided, it is reasonable to assume a general upward trend in compensation over the past four years, mirroring national economic patterns. Factors such as inflation, increased demand for financial advisory services, and evolving industry standards likely contribute to incremental salary increases for professionals in this field.
Credit Counselors Salary Distribution in Phoenix-Mesa-Chandler, AZ
Salary progression for Credit Counselors typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in compensation reflect this career trajectory, with senior counselors often earning well above the average, signifying their accumulated expertise and value to employers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,630 | $18.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $36,488 | $17.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,310 | $22.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $60,813 | $29.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $59,810 | $28.8 |
Detailed Credit Counselors Market Analysis
Relocation Context
Nominal Salary
$48,650
Gross Pay
Real Wage (Purchasing Power)
$48,650
Adjusted for COL (100)
The average annual salary for a Credit Counselor in Phoenix-Mesa-Chandler, AZ, stands at $48,650. This nominal salary aligns precisely with the local Cost of Living Index, which is set at 100, indicating that the cost of living in the area is equivalent to the national average. Therefore, the purchasing power of a Credit Counselor's salary in this region is comparable to that of their national counterparts, with no significant advantage or disadvantage stemming from the cost of living.
Job Market Context
950
Total Jobs
0.405
Per 1K Jobs
2.22
Location Quotient
Phoenix-Mesa-Chandler, AZ has 2.2x 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.
The Location Quotient of 2.22 for Credit Counselors in Phoenix-Mesa-Chandler, AZ, signifies a market where this profession is more than twice as concentrated as the national average. This high concentration suggests a strong local demand for Credit Counselors, potentially driven by specific industries or a larger-than-average need for financial guidance services within the population. It indicates a competitive environment where employers may actively seek out qualified candidates.
Nearby Job Markets
Hiring Credit Counselorss?
Frequently Asked Questions
How much does a Credit Counselors make in Phoenix-Mesa-Chandler, AZ?
The median annual salary for a Credit Counselors in Phoenix-Mesa-Chandler, AZ is $48,650. This typically ranges from $38,630 for entry-level positions to $59,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Phoenix-Mesa-Chandler, AZ is 12.2% lower than the national median of $55,430.
Is Phoenix-Mesa-Chandler, AZ a lucrative place for Credit Counselors?
No, not significantly more lucrative than the national average.While the cost of living is average, the average salary of $48,650 is below the national average of $55,430, indicating less lucrative compensation in this specific metropolitan area.
Is Phoenix-Mesa-Chandler, AZ a good place to live for Credit Counselors?
The Cost of Living Index in Phoenix-Mesa-Chandler, AZ is 100. While higher than average, this often correlates with higher wages.
How does the Phoenix-Mesa-Chandler, AZ salary compare to the national average for Credit Counselors?
The average annual salary for Credit Counselors in Phoenix-Mesa-Chandler, AZ is $48,650, which is lower than the national average of $55,430.
What is the concentration of Credit Counselors in Phoenix-Mesa-Chandler, AZ?
The concentration, measured by the Location Quotient, is 2.22, meaning Credit Counselors are more than twice as common in this area compared to the national average.
Does the cost of living affect the value of a Credit Counselor's salary in Phoenix-Mesa-Chandler, AZ?
No, the cost of living in Phoenix-Mesa-Chandler, AZ is at the national average (100), so the salary's purchasing power is comparable to the national average.
How many Credit Counselors are employed in the Phoenix-Mesa-Chandler, AZ area?
There are approximately 950 Credit Counselors employed within the Phoenix-Mesa-Chandler, AZ metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 950 employees in the Phoenix-Mesa-Chandler, AZ area with a job density of 0.405 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 Phoenix-Mesa-Chandler, AZ