SalaryNode

Average Credit Counselors Salary in Saginaw, MI

The average salary for a Credit Counselors in Saginaw, MI is $53,310. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Saginaw, MI is a key hub for this profession, with a job concentration 2.71x higher than average.

Executive Summary

  • Average Salary: $53,310 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,000.
  • 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 Saginaw, MI economy.
2024 Market Data

Salary Overview

$53,310

The average Credit Counselors in Saginaw, MI earns-3.8%below the national average.

BreakdownBased on 40h/week
Hourly

$25.6

Weekly

$1,025

Monthly

$4,443

Credit Counselors Salary Distribution in Saginaw, MI

The earning potential for Credit Counselorss in Saginaw, 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 $42,260, while highly experienced professionals can command wages upwards of $60,000.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$42,260$20.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$39,983$19.2
ManagerOversees team, compliance, and project delivery.50% (Median)$47,390$22.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$66,638$32
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$60,000$28.8

Detailed Credit Counselors Market Analysis

Relocation Context

Nominal Salary

$53,310

Gross Pay

Real Wage (Purchasing Power)

$53,310

Adjusted for COL (100)

In Saginaw, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $53,310 to $53,310.

Job Market Context

40

Total Jobs

0.495

Per 1K Jobs

2.71

Location Quotient

Major Hub

Saginaw, MI has 2.7x 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.

40 people work as Credit Counselors in Saginaw, MI.

Only 0.495 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 Saginaw, MI?

The median annual salary for a Credit Counselors in Saginaw, MI is $53,310. This typically ranges from $42,260 for entry-level positions to $60,000 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Saginaw, MI is 3.8% lower than the national median of $55,430.

Is Saginaw, MI a good place for Credit Counselorss?

Yes, Saginaw, MI is highly recommended due to strong job demand. While salaries are competitive ($53,310), the area is particularly notable for its high job density for Credit Counselorss. See distinct detailed breakdown below.

Is Saginaw, MI a good place to live for Credit Counselors?

The Cost of Living Index in Saginaw, 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 Saginaw, MI area with a job density of 0.495 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 Saginaw, MI