DOL Filings vs BLS Survey
What Employers File with DOL
This figure comes from 520 employer filings with the US Department of Labor under legal obligation. Employers file this salary when sponsoring workers for PERM green cards or H-1B visas.
What BLS Says the Market Pays
This figure comes from the BLS Occupational Employment and Wage Statistics survey of 28,110 establishments. This is an independent survey-based estimate of what all workers in this occupation earn.
Salary Distribution
Top Paying Employers for Credit Counselors
Ranked by median salary from DOL filings| Rank | Employer | Median Salary | Filings | vs Market |
|---|---|---|---|---|
| 1 | TOPONE MORTGAGE INC | $63,440 | 6 | +25.7% |
| 2 | Agricultural Bank of China Limited | $55,000 | 9 | +9% |
| 3 | PACIFIC CITY BANK | $50,000 | 7 | -1% |
| 4 | Victoria Financial Corp. | $50,000 | 6 | -1% |
| 5 | NANYANG COMMERCIAL BANK LTD | $49,200 | 5 | -2.5% |
| 6 | Ivy Mortgage Inc. | $48,000 | 12 | -4.9% |
| 7 | CTBC Bank USA | $45,609 | 26 | -9.7% |
| 8 | BANK SINOPAC | $45,000 | 5 | -10.9% |
| 9 | LAND BANK OF TAIWAN | $44,300 | 9 | -12.2% |
| 10 | CIRCLE SQUARE GROUP INC. | $42,000 | 8 | -16.8% |
| 11 | KEB Hana Bank New York Agency | $41,467 | 10 | -17.9% |
| 12 | New Millennium Bank | $40,934 | 9 | -18.9% |
| 13 | WORLD BUSINESS LENDERS, LLC | $40,000 | 33 | -20.8% |
| 14 | STERLING BANK & TRUST FSB | $39,853 | 7 | -21.1% |
| 15 | NOAH BANK | $39,790 | 21 | -21.2% |
| 16 | CHANG HWA COMMERCIAL BANK | $39,666 | 15 | -21.4% |
| 17 | ACCION USA, INC. | $38,000 | 5 | -24.7% |
| 18 | BANK OF TAIWAN NEW YORK BRANCH | $37,968 | 6 | -24.8% |
| 19 | ROYAL BUSINESS BANK | $36,005 | 8 | -28.7% |
| 20 | SHINHAN BANK AMERICA | $35,984 | 23 | -28.7% |
| 21 | Andrews University | $35,000 | 7 | -30.7% |
| 22 | HUA NAN COMMERCIAL BANK | $34,278 | 8 | -32.1% |
| 23 | Woori America Bank | $33,030 | 41 | -34.6% |
| 24 | BANKASIANA | $33,030 | 9 | -34.6% |
| 25 | American First National Bank | $31,000 | 6 | -38.6% |
Salary by Metro Area
| Metro Area | Median | vs National | Filings | Employers |
|---|---|---|---|---|
| New York, NE | $46,384 | +16% | 15 | 6 |
| JERSEY CITY, NJ | $45,000 | +12.5% | 13 | 2 |
| New York, NY | $39,957 | -0.1% | 142 | 45 |
| San Gabriel, CA | $37,440 | -6.4% | 10 | 2 |
| Los Angeles, CA | $36,629 | -8.4% | 26 | 12 |
| Palisades Park, NJ | $35,797 | -10.5% | 21 | 4 |
Salary by State
| State | Median | vs National | Filings |
|---|---|---|---|
| North Dakota | $60,000 | +19% | 1 |
| Texas | $48,000 | +2.3% | 11 |
| Massachusetts | $47,424 | -23.6% | 15 |
| Nebraska | $46,384 | -8.9% | 22 |
| Arizona | $45,760 | -3.3% | 1 |
| Maryland | $42,000 | -28% | 17 |
| New Jersey | $40,000 | -36.8% | 47 |
| Florida | $40,000 | -17.3% | 8 |
| New York | $39,957 | -35.7% | 173 |
| California | $38,293 | -41.8% | 55 |
| Louisiana | $37,500 | -20.3% | 1 |
| Illinois | $36,774 | -28.1% | 1 |
| Virginia | $36,500 | -28.9% | 5 |
| Michigan | $36,210 | -29% | 4 |
| Colorado | $34,592 | -33.1% | 3 |
| Missouri | $33,906 | -27.6% | 5 |
| Georgia | $33,772 | -41.1% | 2 |
| Minnesota | $33,072 | -43.6% | 1 |
| Washington | $32,427 | -47% | 3 |
| Utah | $30,430 | -38.2% | 1 |
Salary Trend - DOL Data
Education Requirements
From PERM filingsFor Credit Counselors positions, 84% of PERM filings required a Bachelor's degree, 6% required a Master's degree, and 10% required no formal degree.
Education by Top Employer
Most common minimum education from PERM filings| Employer | Most Common Education | Median Salary |
|---|---|---|
| Woori America Bank | Bachelor's | $33,030 |
| WORLD BUSINESS LENDERS, LLC | Not specified | $40,000 |
| CTBC Bank USA | Not specified | $45,609 |
| SHINHAN BANK AMERICA | Not specified | $35,984 |
| NOAH BANK | Bachelor's | $39,790 |
| CHANG HWA COMMERCIAL BANK | Master's | $39,666 |
| Ivy Mortgage Inc. | Not specified | $48,000 |
| KEB Hana Bank New York Agency | Bachelor's | $41,467 |
| LAND BANK OF TAIWAN | Not specified | $44,300 |
| Agricultural Bank of China Limited | Not specified | $55,000 |
Salary by Industry
Same occupation, different industries (NAICS)The highest-paying industry for Credit Counselors is Finance and Insurance at $42,979.
Frequently Asked Questions
Based on 520 DOL filings, the median salary for a Credit Counselors is $40,000, ranging from $35,797 to $47,000.
The 90th percentile salary is $77,920 according to BLS data.
Based on DOL filings, New York, NE offers the highest median at $46,384.
DOL filing data covers positions where the employer filed for PERM green card sponsorship or an H-1B visa. These filings represent a subset of all Credit Counselors positions. We compare this data against BLS OEWS data which covers all workers in this occupation.
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