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Credit counselors & loan officers&

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Total Workforce
308,006
Average Age
42.8
Estimated Job Growth
8.8%
10-Year Projection
Average Salary
$71,881
Average Male Salary
$91,707
Average Female Salary
$56,842

Employment

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 McLean & Idylwood PUMA, VA but are relatively concentrated in Escambia County (North) PUMA, FL.

Wages

Yearly Wage

Wage Distribution

Wage by Location

Spatial Concentration

Industries

Most Common

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Highest Paying

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Industries by Share

Diversity

Demographic information on Credit counselors & loan officers in the US. The average age of male Credit counselors & loan officers in the workforce is 42.3 and of female Credit counselors & loan officers is 43.2, and the most common race/ethnicity for Credit counselors & loan officers is White.

Gender Composition

Race & Ethnicity

Age by Gender

Education

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 Natural Resources & Conservation.

Majors

Skills

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.

Radar Distribution

The closest comparable data for the Detailed Occupation Credit counselors & loan officers is from the Minor Occupation Group Financial Specialists.
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Bar Chart

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Growth Projections

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 6.5%, but Credit counselors & loan officers are expected to see a growth of 8.8% over the same period. This occupation is expected to grow faster than the national average.

Job Growth

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Management, business, science, & arts occupations
Major Occupation Group
Management, business, & financial occupations
Minor Occupation Group
Business & financial operations occupations
Broad Occupation
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