Credit Counselors pay range in Memphis
New workers and the lowest-paid 10% earn about $39,460 a year or less, while the top 10% make $73,840 or more. The middle half of credit counselors in Memphis earn between $47,200 and $73,840.
- $39K10th
- $47K25th
- $60KMedian
- $74K75th
- $74K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $59,160 | $4,930 | $28.44 |
| Median | $60,210 | $5,018 | $28.95 |
| Entry level (25th percentile) | $47,200 | $3,933 | $22.69 |
| Experienced (75th percentile) | $73,840 | $6,153 | $35.50 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Credit Counselors pay in Memphis vs. Tennessee and the U.S.
Credit counselors in Memphis earn 9% more than the Tennessee average ($54,070) and 3% more than the U.S. average ($57,210). At the median the gap is +15% against the U.S. median of $52,230.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Memphis | $59,160 | $60,210 | $39,460 | $73,840 | 90 |
| Tennessee | $54,070 | $38,730 | $31,200 | $105,140 | 950 |
| United States | $57,210 | $52,230 | $38,350 | $80,440 | 27,770 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Credit Counselors salary after taxes in Memphis
On the average salary of $59,160, a single filer in Memphis takes home about $49,715 a year, or $4,143 a month and $1,912 every two weeks. Taxes take 16% of gross pay.
The Memphis, TN-MS-AR metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in TN | $49,715 | $4,143 |
| Working in MS | $48,081 | $4,007 |
| Working in AR | $48,014 | $4,001 |
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
Is Memphis a good place for credit counselors? Pay vs. cost of living
Prices in the Memphis area are 8% below the U.S. average (BEA price parity 92.2), so the average $59,160 buys what about $64,179 would buy in a typical U.S. metro. This job pays 1.3 times the median wage of all jobs in Memphis ($46,890). A typical home costs $247,229, or 4.2 years of this average salary before tax.
Credit Counselors salary in other Tennessee cities
Memphis ranks 2nd of 4 Tennessee metro areas for this job; Nashville pays the most ($65,070).
- Nashville$65,070
- Memphis$59,160
- Chattanooga$45,250
- Johnson City$42,530
Highest-paying cities for credit counselors
San Francisco, CA pays this job the most of the metro areas we cover ($85,720).
- San Francisco, CA$85,720
- Salt Lake City, UT$79,060
- San Jose, CA$77,410
- Sacramento, CA$76,900
- San Diego, CA$72,810
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Credit Counselors salary in Memphis: questions
How much do credit counselors make an hour in Memphis?
$28.44 an hour on average, and $28.95 at the median (BLS, May 2025).
What is the entry-level credit counselors salary in Memphis?
The lowest-paid 10% earn about $39,460 a year and the 25th percentile is $47,200, a fair guide to starting pay.
What is the credit counselors take-home pay in Memphis?
About $49,715 a year ($4,143 a month) for a single filer on the average salary of $59,160. Tennessee has no state income tax.
Do credit counselors earn more in Memphis than elsewhere?
The average here is 3% more than the U.S. average for this job ($57,210).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2071; area Memphis, TN-MS-AR (32820). Relative standard error of the mean wage: 3.4%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
- Job concentration: location quotient 0.84, this job is about as common as in the U.S. overall.
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