Credit Counselors and Loan Officers Salary in Rhode Island

$37,341 $121,183
10th pct Median: $70,455 90th pct
Percentile Annual Salary
10th (Entry Level)$37,341
25th Percentile$50,728
50th (Median)$70,455
75th Percentile$97,228
90th (Top Earners)$121,183
Source: U.S. Bureau of Labor Statistics OEWS, May 2024

Cost of Living Adjusted Salary

The Rhode Island median salary of $70,455 for Credit Counselors and Loan Officers has the purchasing power of approximately $58,324 in Missouri (the COL baseline state with index 100).

Rhode Island's higher cost of living (COL index: 120.8) 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 Rhode Island?
Credit Counselors and Loan Officers in Rhode Island earn a median annual salary of $70,455 per year ($33.87/hr) according to BLS OEWS data (May 2024). This is above the national median of $67,100.
Is Rhode Island a good state for Credit Counselors and Loan Officers?
Rhode Island pays above the national average for credit counselors and loan officers, making it a competitive market for this occupation. Cost of living in Rhode Island is higher average (COL index: 120.8).
What is the cost-of-living adjusted salary for Credit Counselors and Loan Officers in Rhode Island?
After adjusting for cost of living (COL index: 120.8 vs. Missouri baseline of 100), the $70,455 salary in Rhode Island has the purchasing power of approximately $58,324 in Missouri. Higher living costs in Rhode Island reduce real purchasing power.
How does Rhode Island 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 Rhode Island

# Job Title Median Annual
1 Anesthesiologists $348,810
2 Radiologists $325,416
3 Orthopedic Surgeons, Except Pediatric $321,531
4 Neurologists $310,380
5 Surgeons, All Other $309,246
6 Ophthalmologists, Except Pediatric $285,474
7 Psychiatrists $262,288
8 Physicians, Pathologists $256,116
Source: BLS OEWS May 2024

About Credit Counselors and Loan Officers in Rhode Island

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 →