Credit counselor demographics and statistics in the US
Credit counselor demographics research summary. Zippia estimates credit counselor demographics and statistics in the United States by using a database of 30 million profiles. Our credit counselor estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about credit counselors after extensive research and analysis:
- There are over 4,290 credit counselors currently employed in the United States.
- 58.8% of all credit counselors are women, while 41.2% are men.
- The average credit counselor age is 44 years old.
- The most common ethnicity of credit counselors is White (63.2%), followed by Hispanic or Latino (16.1%), Black or African American (9.2%) and Asian (6.4%).
- In 2022, women earned 88% of what men earned.
- 8% of all credit counselors are LGBT.
- Credit counselors are 66% more likely to work at private companies in comparison to public companies.
On this page
Credit counselor demographics by:
Credit counselor gender statistics
58.8% of credit counselors are women and 41.2% of credit counselors are men.
- Female, 58.8%
- Male, 41.2%
Credit counselor gender ratio
| Gender | Percentages |
|---|---|
| Female | 58.8% |
| Male | 41.2% |
Credit counselor gender pay gap
Women earn 88¢ for every $1 earned by men
Male income
$43,347
Female income
$37,994
Credit counselor gender ratio over time
This data breaks down the percentage of men and women in credit counselor positions over time. Currently, 58.8% of credit counselors are female.
Credit counselor gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 42.03% | 57.97% |
| 2011 | 39.77% | 60.23% |
| 2012 | 40.16% | 59.84% |
| 2013 | 41.17% | 58.83% |
| 2014 | 41.40% | 58.60% |
| 2015 | 38.90% | 61.10% |
| 2016 | 43.35% | 56.65% |
| 2017 | 41.35% | 58.65% |
| 2018 | 42.17% | 57.83% |
| 2019 | 40.10% | 59.90% |
| 2020 | 42.51% | 57.49% |
| 2021 | 41.20% | 58.80% |
Credit counselor related jobs gender ratio
We compared credit counselors with similar job titles to see how gender ratios vary. As you can see, renewable energy system finance specialist and chartered finance analyst have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Escrow Officer | 15% | 85% |
| Customs Verifier | 20% | 80% |
| Credit Assistant | 20% | 80% |
| Credit Counselor | 41% | 59% |
| Head Analyst | 86% | 14% |
| Chartered Finance Analyst | 90% | 10% |
| Renewable Energy System Finance Specialist | 92% | 8% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Credit counselor demographics by race
The most common ethnicity among credit counselors is White, which makes up 63.2% of all credit counselors. Comparatively, 16.1% of credit counselors are Hispanic or Latino and 9.2% of credit counselors are Black or African American.
- White, 63.2%
- Hispanic or Latino, 16.1%
- Black or African American, 9.2%
- Asian, 6.4%
- Unknown, 4.6%
- American Indian and Alaska Native, 0.5%
Credit counselor race
| Credit counselor race | Percentages |
|---|---|
| White | 63.2% |
| Hispanic or Latino | 16.1% |
| Black or African American | 9.2% |
| Asian | 6.4% |
| Unknown | 4.6% |
| American Indian and Alaska Native | 0.5% |
Credit counselor race and ethnicity over time
See how credit counselor racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Credit counselor race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 69.28% | 9.80% | 5.37% | 13.81% |
| 2011 | 68.69% | 10.10% | 5.46% | 13.91% |
| 2012 | 68.21% | 9.67% | 6.62% | 13.31% |
| 2013 | 68.03% | 9.45% | 6.67% | 13.45% |
| 2014 | 67.26% | 9.28% | 6.27% | 14.77% |
| 2015 | 68.93% | 8.63% | 6.30% | 13.68% |
| 2016 | 68.97% | 9.71% | 6.17% | 13.49% |
| 2017 | 69.49% | 8.93% | 5.89% | 13.51% |
| 2018 | 68.49% | 8.33% | 6.36% | 14.76% |
| 2019 | 67.51% | 8.43% | 6.76% | 15.00% |
| 2020 | 66.22% | 8.98% | 6.02% | 14.72% |
| 2021 | 63.17% | 9.24% | 6.41% | 16.06% |
Credit counselor wage gap by race
According to our data, asian credit counselors have the highest average salary compared to other ethnicities. Black or african american credit counselors have the lowest average salary at $40,301.
| Ethnicity | Salary |
|---|---|
| Unknown | $44,150 |
| White | $44,448 |
| Black or African American | $40,301 |
| Asian | $46,138 |
| Hispanic or Latino | $41,941 |
Average credit counselor age
See how the average age of credit counselors varies based on ethnicity and gender.
Male
Female
Credit counselor age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 43 | 41 |
| White | 44 | 46 |
| Black or African American | 42.5 | 42 |
| Asian | 42 | 45 |
| Hispanic or Latino | 40.5 | 41 |
Credit counselor age breakdown
The average age of credit counselors is 40+ years years old, representing 64% of the credit counselor population.
Credit counselor age breakdown
| Credit Counselor Years | Percentages |
|---|---|
| 40+ years | 64% |
| 30-40 years | 26% |
| 20-30 years | 10% |
Credit counselor educational attainment
The most common degree for credit counselors is bachelor's degree, with 47% of credit counselors earning that degree. The second and third most common degree levels are associate degree degree at 23% and associate degree degree at 15%.
- Bachelor's, 47%
- Associate, 23%
- High School Diploma, 15%
- Master's, 7%
- Other Degrees, 8%
Credit counselors by degree level
| Credit counselor degree | Percentages |
|---|---|
| Bachelor's | 47% |
| Associate | 23% |
| High School Diploma | 15% |
| Master's | 7% |
| Other Degrees | 8% |
Credit counselor jobs you might like
Credit counselor wage gap by degree level
According to the data, credit counselors with a Master's degree earn more than those without, at $49,355 annually. With a Bachelor's degree, credit counselors earn a median annual income of $45,176 compared to $39,901 for credit counselors with an Associate degree.
| Education | Salary |
|---|---|
| Master's Degree | $49,355 |
| High School Diploma or Less | $39,569 |
| Bachelor's Degree | $45,176 |
| Some College/ Associate Degree | $39,901 |
Credit counselor employment statistics
Most credit counselors work for a private in the finance industry.
Company size where credit counselors work
Below, you can see the size of companies where credit counselors work.
Credit counselor jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 9% |
| 50 - 100 employees | 23% |
| 100 - 500 employees | 23% |
| 500 - 1,000 employees | 11% |
| 1,000 - 10,000 employees | 15% |
| > 10,000 employees | 18% |
Credit counselor jobs by company type
Employees with the credit counselor job title have their preferences when it comes to working for a company. For instance, most credit counselors prefer to work at private companies over public companies.
Credit counselor jobs by sector
| Company type | Percentages |
|---|---|
| Education | 6% |
| Public | 25% |
| Private | 66% |
| Government | 2% |
Credit counselor jobs by industry
The most common industries for credit counselors are finance, professional and health care.
Credit counselor industry statistics
| Industry | Percentages |
|---|---|
| Finance | 35% |
| Professional | 10% |
| Fortune 500 | 10% |
| Health Care | 8% |
| Education | 5% |
| Technology | 5% |
| Retail | 4% |
| Non Profits | 4% |
| Media | 2% |
| Internet | 2% |
| Hospitality | 2% |
| Transportation | 2% |
| Government | 2% |
| Automotive | 2% |
| Utilities | 2% |
| Manufacturing | 2% |
| Telecommunication | 2% |
| Real Estate | 2% |
| Insurance | 2% |
| Construction | 1% |
| Energy | 1% |
Credit counselor turnover and employment statistics
Credit counselor unemployment rate over time
The unemployment rate for credit counselors between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Credit counselor unemployment rate by year
| Year | Credit counselor unemployment rate |
|---|---|
| 2010 | 7.62% |
| 2011 | 6.08% |
| 2012 | 4.66% |
| 2013 | 3.31% |
| 2014 | 4.27% |
| 2015 | 2.27% |
| 2016 | 2.06% |
| 2017 | 1.56% |
| 2018 | 1.99% |
| 2019 | 1.92% |
| 2020 | 1.62% |
| 2021 | 2.33% |
Average credit counselor tenure
The average credit counselor stays at their job for 1-2 years, based on the 1,290 credit counselors resumes in Zippia's database.
Credit counselor tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 22% |
| 1-2 years | 39% |
| 3-4 years | 15% |
| 5-7 years | 14% |
| 8-10 years | 5% |
| 11+ years | 6% |
Credit counselor LGBT ratio compared to similar jobs
Review the percent of credit counselors that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Risk Analyst | 7.33% | 71,284 |
| Corporate Accountant | 7.40% | 54,174 |
| Tax Advisor | 7.56% | 76,710 |
| Revenue Officer | 7.65% | 58,234 |
| Credit Counselor | 7.87% | - |
| Budget Examiner | 12.94% | 2,896 |
| Community Reinvestment ACT Officer | 19.38% | 66,311 |
Similar credit counselor jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Risk Analyst | 7.33% | 71,284 |
| Corporate Accountant | 7.40% | 54,174 |
| Tax Advisor | 7.56% | 76,710 |
| Revenue Officer | 7.65% | 58,234 |
| Budget Examiner | 12.94% | 2,896 |
| Community Reinvestment ACT Officer | 19.38% | 66,311 |
Foreign languages spoken by credit counselors
The most common foreign language among credit counselors is Spanish at 71.4%. The second-most popular foreign language spoken is Portuguese at 5.4% and Russian is the third-most popular at 5.4%.
- Spanish, 71.4%
- Portuguese, 5.4%
- Russian, 5.4%
- French, 3.6%
- Swedish, 1.8%
- Other, 12.4%
Credit counselor languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 71.4% |
| Portuguese | 5.4% |
| Russian | 5.4% |
| French | 3.6% |
| Swedish | 1.8% |
| Other | 12.4% |
