Credit Counselors Salary
Credit Counselors in New York make a median of $63,030 a year, or about $30.3 an hour. The range runs from $49K at the entry level to $101K for experienced workers. Adjusted for local prices (RPP 98.21), that's roughly $64,179 in purchasing power. A 2-bedroom apartment runs $1,917/month, about 46.6% of take-home, which is tight.
Statewide average. Salary and cost of living vary significantly across New York. Jump to a metro for precise data:
So what does $63K get you in New York?
About credit counselors
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What this looks like in New York
New York 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 $1,917/month, which is 46.2% of the median worker's take-home, past the 30% guideline most planners use. Cost of living (RPP 98.21) 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, New York
Entry-level credit counselors (10th percentile) start around $49K. Mid-career wages sit at $63K. Top earners bring in $101K or more, a $52K spread from bottom to top.
Credit Counselors salary by metro in New York
7 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| New York-Newark-Jersey City | $63K | +0% | 1,610 |
| Ithaca | $63K | -0% | 40 |
| Kiryas Joel-Poughkeepsie-Newburgh | $62K | -1% | 50 |
| Albany-Schenectady-Troy | $61K | -4% | 120 |
| Rochester | $60K | -5% | 130 |
| Syracuse | $59K | -6% | 80 |
| Buffalo-Cheektowaga | $57K | -9% | 130 |
Compare to other states
Track credit counselors salary changes
BLS updates this data quarterly. We'll email you when New York numbers change.
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Frequently asked questions
Can a credit counselor afford a 2BR apartment alone in New York?
It’s a stretch — at the median salary of $63K, rent takes 46.2% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,917/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 New York?
The 10th-percentile wage — what new credit counselors typically earn — is $49K/year. Take-home on that works out to about $2,923/month. At HUD’s $1,917/month FMR, rent would take 66% 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 New York?
Local pay is 21% above the national median — $63K here vs. $52K nationally.
How does New York compare to the national average for credit counselors?
New York pays $63K median vs. the U.S. average of $52K — that’s +21%. After adjusting for local cost of living (RPP 98.21), the purchasing-power equivalent is $64K — still ahead of the national median.
How much do credit counselors make in New York?
The median is $63,030 a year, that works out to about $30 an hour. But the range is wide: entry-level workers start around $48,720, and experienced credit counselors can clear $100,720. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $63K enough to live in New York?
On that salary, you'd take home roughly $4,152/month after taxes. A 2-bedroom here rents for about $1,917/month, which eats 46.2% 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 New York?
New York has a Regional Price Parity of 98.21 (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 $64,179 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.