Financial Counselor Salary (United States)

A Financial Counselor earns an average wage of $15.48 per hour. Most people move on to other jobs if they have more than 20 years' experience in this career. A skill in Counseling is associated with high pay for this job.
Financial Counselor Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$29,028 - $57,082
(Median)
29K
34K
40K
48K
57K
MEDIAN: $40,349
10%
25%
50%
75%
90%
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Financial Counselor Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$11.81 - $20.23
(Median)
12
14
15
18
20
MEDIAN: $15.00
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$20K$40K$60K
Salary
$29,028 - $57,082  
   
Bonus
$0.00 - $1,968  
Profit Sharing
$0.25 - $2,043  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$25,563 - $49,372  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 530
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$10$20$30
Hourly Rate
$11.81 - $20.23  
   
Overtime
$9.60 - $29.56  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$20K$40K$60K
Bonus
$0.00 - $1,968  
   
Profit Sharing
$0.25 - $2,043  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$25,563 - $49,372  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 530
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Job Description for Financial Counselor

Financial counselors are responsible for providing key financial information to clients, offering financial assistance and arrangements as needed. They are in charge of establishing relationships to ensure satisfactory financial resolution for their organization. They provide one-on-one financial counseling to educate clients on their options, handle insurance information, and review documentation and financial information to approve reimbursements. Financial counselors also verify clients' eligibility for programs based on program requirements, as well as help secure payment agreements between their organization and external parties.
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Financial Counselor Tasks
  • Investigate insurance coverage, financial assistant options, and calculate out of pocket expenses.
  • Meet with clients to discuss finances, cost of services, interest and payment options.
  • Counsel individuals and families regarding various financial decisions, including budgeting, debt management and paying for medical treatment.

Financial Counselor Job Listings

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Popular Skills for Financial Counselor

Pay by Experience Level for Financial Counselor

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference By Location

Los Angeles
up arrow 24%
New York
up arrow 17%
Chicago
up arrow 12%
Dallas
up arrow 8%
Cleveland
up arrow 2%
National Average
$35,000
Tampa
up arrow 3%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

Experience Affects Financial Counselor Salaries

Late-Career
up arrow 18%
National Average
$35,000

Skills That Affect Financial Counselor Salaries

Counseling
up arrow 20%
Billing
up arrow 4%
National Average
$35,000
Customer Service
up arrow 2%
Insurance
up arrow 4%
Financial Advisor
up arrow 4%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 128 votes.

Gender

Female
82%
female alumni
 
Male
18%
male alumni

Years of Experience

Less than 1 year
2%
1-4 years
40%
5-9 years
30%
10-19 years
22%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 80% dental benefits Dental: 69%
vision benefits Vision: 58% employee benefits None: 16%
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