Credit Counselors Salary
Credit Counselors in Massachusetts make a median of $63,240 a year, or about $30.41 an hour. The range runs from $45K at the entry level to $94K for experienced workers. Adjusted for local prices (RPP 100.09), that's roughly $63,183 in purchasing power. A 2-bedroom apartment runs $2,347/month, about 56.5% of take-home, which is tight.
Statewide average. Salary and cost of living vary significantly across Massachusetts. Jump to a metro for precise data:
So what does $63K get you in Massachusetts?
About credit counselors
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What this looks like in Massachusetts
Massachusetts sits well above the national pay line for credit counselors, local pay runs about 21% higher than the U.S. median of $52K. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $2,347/month, which is 56.7% of the median worker's take-home, past the 30% guideline most planners use. Cost of living (RPP 100.09) is near the national average, so spending patterns here track the typical American budget fairly closely. The pay premium is real, but so are the offsets.
Compensation breakdown
Annual earnings by percentile, Massachusetts
Entry-level credit counselors (10th percentile) start around $45K. Mid-career wages sit at $63K. Top earners bring in $94K or more, a $49K spread from bottom to top.
Credit Counselors salary by metro in Massachusetts
3 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Boston-Cambridge-Newton | $64K | +1% | 620 |
| Worcester | $61K | -4% | 60 |
| Springfield | $51K | -19% | 50 |
Compare to other states
Track credit counselors salary changes
BLS updates this data quarterly. We'll email you when Massachusetts numbers change.
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Frequently asked questions
Can a credit counselor afford a 2BR apartment alone in Massachusetts?
It’s a stretch — at the median salary of $63K, rent takes 56.7% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $2,347/month. The 30% guideline puts the comfortable ceiling at roughly $1,200/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for credit counselors in Massachusetts?
The 10th-percentile wage — what new credit counselors typically earn — is $45K/year. Take-home on that works out to about $2,684/month. At HUD’s $2,347/month FMR, rent would take 87% 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 Massachusetts?
Local pay is 21% above the national median — $63K here vs. $52K nationally.
How does Massachusetts compare to the national average for credit counselors?
Massachusetts pays $63K median vs. the U.S. average of $52K — that’s +21%. After adjusting for local cost of living (RPP 100.09), the purchasing-power equivalent is $63K — still ahead of the national median.
How much do credit counselors make in Massachusetts?
The median is $63,240 a year, that works out to about $30 an hour. But the range is wide: entry-level workers start around $44,730, and experienced credit counselors can clear $94,110. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $63K enough to live in Massachusetts?
On that salary, you'd take home roughly $4,141/month after taxes. A 2-bedroom here rents for about $2,347/month, which eats 56.7% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a credit counselors salary go in Massachusetts?
Massachusetts has a Regional Price Parity of 100.09 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median credit counselors salary is worth about $63,183 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.