Credit Counselors and Loan Officers Salary in Massachusetts

$43,387 $140,803
10th pct Median: $81,862 90th pct
Percentile Annual Salary
10th (Entry Level)$43,387
25th Percentile$58,941
50th (Median)$81,862
75th Percentile$112,970
90th (Top Earners)$140,803
Source: U.S. Bureau of Labor Statistics OEWS, May 2024

Cost of Living Adjusted Salary

The Massachusetts median salary of $81,862 for Credit Counselors and Loan Officers has the purchasing power of approximately $57,568 in Missouri (the COL baseline state with index 100).

Massachusetts's higher cost of living (COL index: 142.2) reduces the real purchasing power of wages compared to lower-cost states.

COL data: MERIC 2024 State Cost of Living Index. Missouri = 100 baseline.

Frequently Asked Questions

How much do Credit Counselors and Loan Officers make in Massachusetts?
Credit Counselors and Loan Officers in Massachusetts earn a median annual salary of $81,862 per year ($39.36/hr) according to BLS OEWS data (May 2024). This is above the national median of $67,100.
Is Massachusetts a good state for Credit Counselors and Loan Officers?
Massachusetts pays above the national average for credit counselors and loan officers, making it a competitive market for this occupation. Cost of living in Massachusetts is higher average (COL index: 142.2).
What is the cost-of-living adjusted salary for Credit Counselors and Loan Officers in Massachusetts?
After adjusting for cost of living (COL index: 142.2 vs. Missouri baseline of 100), the $81,862 salary in Massachusetts has the purchasing power of approximately $57,568 in Missouri. Higher living costs in Massachusetts reduce real purchasing power.
How does Massachusetts compare to neighboring states for Credit Counselors and Loan Officers salaries?
For detailed comparison across all states, see the full Credit Counselors and Loan Officers salary page at the national level, which includes a complete 50-state salary table.

Top Paying Jobs in Massachusetts

# Job Title Median Annual
1 Radiologists $378,102
2 Orthopedic Surgeons, Except Pediatric $373,588
3 Neurologists $360,632
4 Surgeons, All Other $359,314
5 Ophthalmologists, Except Pediatric $331,694
6 Psychiatrists $304,754
7 Physicians, Pathologists $297,582
8 General Internal Medicine Physicians $296,875
Source: BLS OEWS May 2024

About Credit Counselors and Loan Officers in Massachusetts

Credit Counselors and Loan Officers work in their specialized field applying expertise and skills to deliver value in their organization. This occupation is part of the business finance sector of the U.S. economy.

Education Required: Bachelor's degree

View national Credit Counselors and Loan Officers salary data →