Add Comparison
Credit counselors & loan officers are most often employed by the Banking & related activities industry. The average yearly wage for Credit counselors & loan officers was $75,505 in 2016. The top 3 most similar occupations to Credit counselors & loan officers by wage are Emergency management directors, Budget analysts and Network & computer systems administrators. Credit counselors & loan officers are part of the Business & financial operations occupations category, along with Agents & business managers of artists, performers, & athletes; Buyers & purchasing agents, farm products; Wholesale & retail buyers, except farm products; Purchasing agents, except wholesale, retail, & farm products; Claims adjusters, appraisers, examiners, & investigators; and Compliance officers.
The top 3 locations that employ the most Credit counselors & loan officers are West Des Moines & Urbandale Cities PUMA, IA, Escambia County (North) PUMA, FL and Boone County PUMA, MO. The top 3 locations with a relatively high concentration of Credit counselors & loan officers are Escambia County (North) PUMA, FL, West Des Moines & Urbandale Cities PUMA, IA and Gilbert (South) & Queen Creek Towns PUMA, AZ.
Information on the businesses and industries that employ Credit counselors & loan officers and on wages and locations for those in the field. Banking & related activities is the industry that employs the most Credit counselors & loan officers, both by share and by number, though the highest paid industry for Credit counselors & loan officers, by average wage, is Real estate. Credit counselors & loan officers are paid most in San Jose City (Southeast/Evergreen) PUMA, CA but are relatively concentrated in Escambia County (North) PUMA, FL.
Demographic information on Credit counselors & loan officers in the US. The average age of male Credit counselors & loan officers in the workforce is 42.5 and of female Credit counselors & loan officers is 42.8, and the most common race/ethnicity for Credit counselors & loan officers is White.
Data on higher education choices for Credit counselors & loan officers from The Department of Education and Census Bureau. The most common major for Credit counselors & loan officers is Business but a relatively high number of Credit counselors & loan officers hold a major in Communication Technologies.
Data on the critical and distinctive skills necessary for Credit counselors & loan officers from the Bureau of Labor Statistics. Credit counselors & loan officers need many skills, but most especially Reading Comprehension, Critical Thinking, and Active Listening. The revealed comparative advantage (RCA) shows that Credit counselors & loan officers need more than the average amount of Programming, Mathematics, and Management of Financial Resources.
Projections on wages and job growth for Credit counselors & loan officers from the Bureau of Labor Statistics. The ten-year national workforce is projected to grow 7.4%, but Credit counselors & loan officers are expected to see a growth of 11.6% over the same period. This occupation is expected to grow faster than the national average.
