Credit Counselors Salary
Credit Counselors in Iowa City, IA make a median of $51,710 a year, or about $24.86 an hour. The range runs from $46K at the entry level to $77K for experienced workers. Cost of living is below average (RPP 91.51), which stretches that salary to about $56,507 in buying power. Rent on a 2-bedroom averages $962/month, or 28.3% of estimated take-home pay.
So what does $52K get you in Iowa City?
Groceries, utilities, transportation, and healthcare scaled from national averages by Iowa City’s Regional Price Parity (91.51). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About credit counselors
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What this looks like in Iowa City
Credit counselors pay in Iowa City tracks closely to the national median, $52K locally vs. $52K nationwide, a 1% difference. Rent runs $962/month for a 2-bedroom (HUD FMR), taking 28.1% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 91.51 (national = 100), meaning everyday costs run about 8% cheaper here. Your dollar stretches further than the headline salary suggests. Pay and costs are both near average, leaving limited margin for savings at the median wage.
Compared to nearby metros
Median pay for credit counselors in metros near Iowa City, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Des Moines-West Des Moines | $49K | $54K |
| Davenport-Moline-Rock Island | $46K | $52K |
| Chicago-Naperville-Elgin | $57K | $55K |
| Minneapolis-St. Paul-Bloomington | $60K | $57K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Iowa City, IA
Entry-level credit counselors (10th percentile) start around $46K. Mid-career wages sit at $52K. Top earners bring in $77K or more, a $31K spread from bottom to top.
Credit Counselors pay across states
Median income ranked highest to lowest, compared to the national figure
View Credit Counselors salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| California | $67K | +29% | 2,160 |
| Georgia | $64K | +23% | 460 |
| District of Columbia | $64K | +22% | 110 |
| Massachusetts | $63K | +21% | 770 |
| New York | $63K | +21% | 2,020 |
| Nebraska | $63K | +20% | 260 |
| Washington | $62K | +19% | 560 |
| Minnesota | $62K | +19% | 580 |
| Maryland | $60K | +16% | 350 |
| Oregon | $59K | +13% | 280 |
| New Hampshire | $59K | +13% | 170 |
| Rhode Island | $58K | +12% | 130 |
| Pennsylvania | $58K | +12% | 1,110 |
| New Jersey | $57K | +9% | 530 |
| Colorado | $57K | +9% | 360 |
| Maine | $55K | +6% | 170 |
| Nevada | $55K | +6% | 170 |
| Connecticut | $55K | +5% | 100 |
| South Carolina | $53K | +2% | 250 |
| Delaware | $53K | +1% | 40 |
| North Dakota | $52K | -0% | 30 |
| Michigan | $52K | -0% | 1,260 |
| Wisconsin | $52K | -0% | 770 |
| Illinois | $52K | -1% | 1,170 |
| Virginia | $52K | -1% | 760 |
| Arizona | $51K | -1% | 980 |
| Utah | $51K | -2% | 190 |
| Ohio | $51K | -2% | 890 |
| Idaho | $51K | -2% | 90 |
| New Mexico | $50K | -4% | 200 |
| South Dakota | $49K | -6% | N/A |
| Texas | $48K | -8% | 3,950 |
| Indiana | $48K | -8% | 740 |
| Kentucky | $48K | -8% | 220 |
| Iowa | $48K | -8% | 440 |
| Alabama | $48K | -8% | N/A |
| Louisiana | $47K | -10% | 130 |
| Oklahoma | $47K | -10% | 230 |
| Florida | $46K | -11% | 2,410 |
| North Carolina | $46K | -12% | 320 |
| Mississippi | $46K | -12% | 210 |
| West Virginia | $46K | -12% | 150 |
| Arkansas | $45K | -14% | 50 |
| Wyoming | $43K | -18% | 40 |
| Tennessee | $39K | -26% | 950 |
| Missouri | $31K | -41% | N/A |
Showing 1–10 of 46 states
BLS does not publish data for every state when sample sizes are too small
Track credit counselors salary changes
BLS updates this data quarterly. We'll email you when Iowa City numbers change.
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Frequently asked questions
Can a credit counselor afford a 2BR apartment alone in Iowa City?
Yes — at the median salary of $52K, rent takes 28.1% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $962/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for credit counselors in Iowa City?
The 10th-percentile wage — what new credit counselors typically earn — is $46K/year. Take-home on that works out to about $2,758/month. At HUD’s $962/month FMR, rent would take 35% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is credit counselor a high-paying job in Iowa City?
Pay here is roughly in line with the national average — $52K locally vs. $52K nationally, a 1% difference.
How does Iowa City compare to the national average for credit counselors?
Iowa City pays $52K median vs. the U.S. average of $52K — that’s -1%. After adjusting for local cost of living (RPP 91.51), the purchasing-power equivalent is $57K — still ahead of the national median.
How much do credit counselors make in Iowa City, IA?
The median is $51,710 a year, that works out to about $25 an hour. But the range is wide: entry-level workers start around $45,970, and experienced credit counselors can clear $76,830. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $52K enough to live in Iowa City?
On that salary, you'd take home roughly $3,422/month after taxes. A 2-bedroom here rents for about $962/month, which eats 28.1% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a credit counselors salary go in Iowa City?
Iowa City has a Regional Price Parity of 91.51 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median credit counselors salary is worth about $56,507 in national-average purchasing power.
Where do credit counselors get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.