Entry-Level Financial Counselor Salary

Entry-Level Financial Counselors take home an average $16.04 per hour. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Female Entry-Level Financial Counselors make up most of the survey respondents at 77 percent. Job satisfaction is high and work is enjoyable for most Entry-Level Financial Counselors. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$29,598 - $53,958
$30K
$40K
$54K
MEDIAN: $39,891
10%
50%
90%

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$12.17 - $20.33
$12
$16
$20
MEDIAN: $16.04
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$18K$36K$54K
Salary
$29,598 - $53,958  
   
Bonus
$0.00 - $11,157  
Profit Sharing
$1,150  
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).
)
$26,091 - $45,419  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 73
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$11$22$33
Hourly Rate
$12.17 - $20.33  
   
Overtime
$20.21 - $30.57  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$22K$44K$66K
Bonus
$0.00 - $11,157  
   
Profit Sharing
$1,150  
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).
)
$26,091 - $45,419  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 254

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Pay Difference by Location

National Average: $34,811

Larger city markers indicate a job is popular in that location.

Entry-Level Financial Counselors will find that Boston offers an impressive pay rate, one which exceeds the national average by 58 percent. Entry-Level Financial Counselors can also look forward to large paychecks in cities like Houston (+24 percent), New York (+17 percent), Los Angeles (+13 percent), and Knoxville (+13 percent). In Nashville, salaries are 2 percent below the national average and represent the lowest-paying market.

Financial Counselor Advice

Q: What do you wish you knew about your job when you first started out?

Financial Counselor in Rockville:
"Document and Follow Up."
Make sure to smile and show enthusiasm. Listen attentively. Document and take detailed notes often.

Key Stats for Financial Counselor

Gender

Female
77 %
Male
23 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 63 votes.
Less than 1 year
6%
1-4 years
75%
5-9 years
19%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Financial Counselor Salaries

Counseling
▲7%

National Average
$35,000


Insurance
▼3%

bill collections
▼3%

Collections
▼5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 63 votes.

Gender

Female
77 %
Male
23 %

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 79%
vision benefits
Vision: 68%
no benefits
None: 12%