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Business & Finance · Arkansas

How to Become a Credit Counselors in Arkansas

Credit Counselors in Arkansas earn a median salary of $40,410/year, which is 20% below the national average. Arkansas has a state income tax of ~3.5%. After taxes and rent, a credit counselors takes home approximately $1,346/month. Most positions require Bachelor's degree.

$40K
Median salary in Arkansas
-20%
vs. national average
3.5%
State income tax
60
Employed in Arkansas

What a credit counselors can afford in Arkansas

Gross annual salary$40,410
Est. monthly take-home (after fed + 3.5% state tax)$2,758/mo
Median 2BR rent (Arkansas)-$1,412/mo
Rent as % of take-home51.2% (above 30% guideline)
Cost-of-living adjusted salary$40,410/yr (RPP: 100)
Monthly remaining after rent$1,346/mo

Becoming a credit counselors in Arkansas

1

Meet education requirements

Credit Counselors positions in Arkansas typically require Bachelor's degree. Programs are available at colleges and training institutions across Arkansas. Research accredited programs in your area.

2

Gain required experience

Many credit counselors positions in Arkansas require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.

3

Obtain Arkansas licensure or certification

Arkansas may require specific licensing or professional certification for credit counselorss. Requirements vary by state — contact the Arkansas Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.

4

Find positions in Arkansas

Arkansas employs 60 credit counselors.

Credit Counselors salary range in Arkansas

10th percentile (entry)
$31K
25th percentile
$35K
Median (50th)
$40K
75th percentile
$57K
90th percentile (senior)
$66K
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Full credit counselors salary breakdown in Arkansas
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After federal + 3.5% state tax
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Credit Counselors careers in other states

Frequently asked questions

How much does a credit counselors make in Arkansas?

The median credit counselors salary in Arkansas is $40,410 per year ($19.43/hr). This is 20% below the national median of $50,480. Salaries range from $30,850 to $65,960.

What are the requirements to become a credit counselors in Arkansas?

Credit Counselors positions in Arkansas typically require Bachelor's degree. Arkansas may have specific licensing or certification requirements. Check with the Arkansas licensing board or department of labor for current requirements.

Can a credit counselors afford to live in Arkansas?

At the median salary of $40,410, a credit counselors in Arkansas would take home approximately $2,758/month after taxes. With median 2-bedroom rent at $1,412/month, that's 51.2% of take-home pay going to housing. This exceeds the recommended 30% guideline.

What are the best cities for credit counselors in Arkansas?

Check our location hub pages for detailed metro area data within Arkansas.

Does Arkansas have state income tax for credit counselors?

Yes, Arkansas has a state income tax rate of approximately 3.5%. On a $40,410 salary, this means roughly $1,408/year in state income tax. Use our take-home pay calculator for a detailed breakdown.