Average Credit Counselors Salary in Tampa-St. Petersburg-Clearwater, FL
In the Tampa-St. Petersburg-Clearwater, FL metropolitan area, Credit Counselors earn an average annual salary of $49,480. This figure is notably below the national average of $55,430, suggesting that local market dynamics, such as demand and the cost of doing business, play a significant role in compensation levels for this profession within the region.
Executive Summary
- Average Salary: $49,480 per year.
- Growth Trend: Salaries have shifted 22.1% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $60,170.
- Outlook: The local job market for Credit Counselors in Tampa-St. Petersburg-Clearwater, FL, shows a concentration significantly above the national average, as indicated by a Location Quotient of 1.75. With a total local workforce of 460 individuals in this role, this elevated quotient points to a robust demand or a specialized industry presence that favors the employment of Credit Counselors within the area, suggesting a stable outlook for those in the field.
Salary Overview
The average Credit Counselors in Tampa-St. Petersburg-Clearwater, FL earns-10.7%below the national average.
$23.8
$952
$4,123
Credit Counselors Salary Trends (2020-2024)
While specific historical data for Credit Counselor salary trends in Tampa-St. Petersburg-Clearwater, FL, is not provided, it is reasonable to assume a general upward trajectory over the past four years, mirroring national trends. Economic growth, inflation, and evolving industry demands typically contribute to incremental salary increases for most professions, including those in financial advisory roles.
Credit Counselors Salary Distribution in Tampa-St. Petersburg-Clearwater, FL
Salary progression for Credit Counselors typically scales with experience. Entry-level positions often start at 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 progression, with senior Credit Counselors earning substantially more than their junior counterparts.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,290 | $14.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,110 | $17.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,320 | $23.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $61,850 | $29.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $60,170 | $28.9 |
Detailed Credit Counselors Market Analysis
Relocation Context
Nominal Salary
$49,480
Gross Pay
Real Wage (Purchasing Power)
$49,480
Adjusted for COL (100)
The nominal average salary of $49,480 for Credit Counselors in Tampa-St. Petersburg-Clearwater, FL, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Credit Counselor's salary in this region is neither enhanced nor diminished by the local cost of living, offering a balanced financial landscape compared to the rest of the country.
Job Market Context
460
Total Jobs
0.319
Per 1K Jobs
1.75
Location Quotient
Tampa-St. Petersburg-Clearwater, FL has 1.8x 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.
With a Location Quotient of 1.75, Tampa-St. Petersburg-Clearwater, FL, exhibits a higher concentration of Credit Counselors than the national average. This suggests that the job market in this region is more specialized or has a greater demand for these professionals relative to its overall workforce size. While this indicates a potentially favorable environment for job seekers, it also implies a more competitive landscape among professionals within this specific sector.
Nearby Job Markets
Hiring Credit Counselorss?
Frequently Asked Questions
How much does a Credit Counselors make in Tampa-St. Petersburg-Clearwater, FL?
The median annual salary for a Credit Counselors in Tampa-St. Petersburg-Clearwater, FL is $49,480. This typically ranges from $30,290 for entry-level positions to $60,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Tampa-St. Petersburg-Clearwater, FL is 10.7% lower than the national median of $55,430.
Is Tampa-St. Petersburg-Clearwater, FL a lucrative place for Credit Counselors?
No, not compared to the national average.While the cost of living is average, the nominal salary of $49,480 is below the national average of $55,430. The high concentration suggests demand, but not necessarily higher pay.
Is Tampa-St. Petersburg-Clearwater, FL a good place to live for Credit Counselors?
The Cost of Living Index in Tampa-St. Petersburg-Clearwater, FL is 100. While higher than average, this often correlates with higher wages.
How does the local Credit Counselor salary compare to the national average?
The average annual salary for a Credit Counselor in Tampa-St. Petersburg-Clearwater, FL, is $49,480, which is lower than the national average of $55,430.
What is the concentration of Credit Counselors in Tampa-St. Petersburg-Clearwater, FL?
The concentration, measured by the Location Quotient, is 1.75, indicating that Credit Counselors are employed in this area at a rate 75% higher than the national average.
How does the cost of living in Tampa-St. Petersburg-Clearwater, FL affect salary perception?
With a Cost of Living Index of 100, the local cost of living is exactly at the national average, meaning the $49,480 salary has average purchasing power.
What does the total local workforce size suggest about the Credit Counselor job market?
A total local workforce of 460 Credit Counselors indicates a significant, albeit specialized, presence of this profession within the Tampa-St. Petersburg-Clearwater, FL area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 460 employees in the Tampa-St. Petersburg-Clearwater, FL area with a job density of 0.319 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 Tampa-St. Petersburg-Clearwater, FL