Credit Counselor salary in Memphis, TN-MS-AR
Credit Counselors in the Memphis, TN-MS-AR metro area earn a median of $60,210 a year ($28.95 an hour), based on BLS data for 90 workers.
Pay ranges from $39,460 for the lowest-paid 10% to $73,840 for the top 10%. That is 15% higher than the national median of $52,230. Pay here is 55% higher than the Tennessee statewide median of $38,730. There are 0.15 credit counselors per 1,000 jobs here — close to the national average. The average (mean) salary is $59,160, close to the median.
Pay range for credit counselors in Memphis, TN-MS-AR
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $39,460 | $18.97 |
| 25th percentile | $47,200 | $22.69 |
| Median | $60,210 | $28.95 |
| 75th percentile | $73,840 | $35.50 |
| 90th percentile (top earners) | $73,840 | $35.50 |
| Average (mean) | $59,160 | $28.44 |
Half of credit counselors earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $5,017.50 |
| Semi-monthly (24 a year) | $2,508.75 |
| Biweekly (26 a year) | $2,315.77 |
| Weekly | $1,157.88 |
| Hourly | $28.95 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $60,210 salary, see how much house you can afford in Tennessee at today's mortgage rates, or work out a payment with the mortgage calculator.
Credit Counselor salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin, TN | $58,480 | 110 |
| Jackson, MS | $48,450 | 40 |
| Chattanooga, TN-GA | $38,840 | n/a |
| Johnson City, TN | $37,020 | 80 |
Highest-paying states for credit counselors
| State | Median salary |
|---|---|
| California | $67,120 |
| Georgia | $64,080 |
| District of Columbia | $63,580 |
| Massachusetts | $63,240 |
| New York | $63,030 |
| Nebraska | $62,510 |
| Washington | $62,360 |
| Minnesota | $62,160 |
| Maryland | $60,450 |
| Oregon | $59,150 |
See Credit Counselor pay in every state or the Tennessee statewide figures.
Related jobs in Memphis, TN-MS-AR
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $76,960 | $37.00 |
| Tax Examiners and Collectors, and Revenue Agents | $49,440 | $23.77 |
| Loan Officer | $63,250 | $30.41 |
| Financial and Investment Analysts | $91,180 | $43.84 |
| Personal Financial Advisor | $100,120 | $48.13 |
| Financial Specialists, All Other | $72,090 | $34.66 |
| Credit Analyst | $66,890 | $32.16 |
| Property Appraisers and Assessors | $60,860 | $29.26 |
| Tax Preparer | $35,410 | $17.02 |
| Budget Analyst | $93,450 | $44.93 |
| Insurance Underwriter | $80,160 | $38.54 |
| Financial Risk Specialist | $88,910 | $42.74 |
| Financial Examiner | $102,420 | $49.24 |
| Human Resources Specialist | $69,150 | $33.24 |
More: Business and Financial Operations Occupations · all salaries in Memphis, TN-MS-AR
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2071. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a credit counselor make in Memphis, TN-MS-AR?
The median salary for credit counselors in the Memphis, TN-MS-AR metro area is $60,210 a year, or $28.95 an hour. Pay ranges from $39,460 for the lowest-paid 10% to $73,840 for the top 10%.
How much do the highest-paid credit counselors make in Memphis, TN-MS-AR?
The top 10% of credit counselors in the Memphis, TN-MS-AR metro area earn at least $73,840 a year. The top 25% earn $73,840 or more.
What is the starting pay for credit counselors in Memphis, TN-MS-AR?
Entry-level pay (the 10th percentile) is about $39,460 a year, and a quarter of credit counselors earn $47,200 or less.
How many credit counselors work in Memphis, TN-MS-AR?
About 90 credit counselors are employed in the Memphis, TN-MS-AR metro area, not counting the self-employed.