The average rate for a Financial Counselor is $15.37 per hour. Most people with this job move on to other positions after 20 years in this career.
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.
)
$29,250 - $57,008
(Median)
29K
34K
40K
49K
57K
MEDIAN: $40,373
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.
)
$11.70 - $20.03
(Median)
12
15
18
20
MEDIAN: $15.00
10%
50%
75%
90%
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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
$29,250 - $57,008  
   
Bonus
$0.00 - $1,546  
Profit Sharing
$0.71 - $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).
)
$25,114 - $48,598  
PayScale
Country: United States | Currency: USD | Updated: 21 Apr 2014 | Individuals Reporting: 460
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
$11.70 - $20.03  
   
Overtime
$7.73 - $29.38  
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 - $1,546  
   
Profit Sharing
$0.71 - $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).
)
$25,114 - $48,598  
PayScale
Country: United States | Currency: USD | Updated: 21 Apr 2014 | Individuals Reporting: 460
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Financial Counselor Job Listings

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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.
Pay by Experience Level for Financial Counselor
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
Honolulu
up arrow 38%
Los Angeles
up arrow 27%
New York
up arrow 15%
Seattle
up arrow 15%
Chicago
up arrow 10%
Dallas
up arrow 9%
Portland
up arrow 1%
National Average
$34,000
Atlanta
up arrow 6%
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%
Experienced
up arrow 7%
Mid-Career
up arrow 1%
National Average
$34,000
Entry-Level
up arrow 4%

Skills That Affect Financial Counselor Salaries

National Average
$34,000
Customer Service
up arrow 4%
Insurance
up arrow 7%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 111 votes.
Gender
Female
81%
female alumni
 
Male
19%
male alumni
Years of Experience
Less than 1 year
2%
1-4 years
41%
5-9 years
29%
10-19 years
23%
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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