Occupational Employment Statistics

Occupational Employment and Wages, 2002

13-2071 Loan Counselors

Provide guidance to prospective loan applicants who have problems qualifying for traditional loans. Guidance may include determining the best type of loan and explaining loan requirements or restrictions.

National estimates for this occupation
Industry profile for this occupation
State profile for this occupation
Metropolitan area profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
29,780 5.6 % $17.52 $36,450 1.2 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $10.96 $12.66 $15.39 $20.03 $27.60
Annual Wage (2) $22,800 $26,330 $32,010 $41,660 $57,400

Industry profile for this occupation: Top

Industries with the highest levels of employment in this occupation:

Industry Employment Hourly mean wage Annual mean wage Employment rank Wage rank
Nondepository credit intermediation 13,150 $17.65 $36,700 1 10
Depository credit intermediation 6,320 $17.74 $36,900 2 9
Colleges and universities 2,500 $16.71 $34,760 3 12
Activities related to credit intermediation 2,070 $20.88 $43,430 4 3
Management of companies and enterprises 1,200 $13.72 $28,530 5 22

Top paying industries for this occupation:

Industry Employment Hourly mean wage Annual mean wage Employment rank Wage rank
Automobile dealers 100 $30.44 $63,310 15 1
Local government (OES designation) 120 $23.15 $48,150 13 2
Activities related to credit intermediation 2,070 $20.88 $43,430 4 3
Other financial investment activities 120 $19.78 $41,140 14 4
Emergency and other relief services (6) $19.00 $39,510 (6) 5

State profile for this occupation: Top

States with the highest concentration of workers in this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment Wage rank within State
Maryland 1,920 $16.13 $33,540 0.079% 361
Minnesota 1,680 $16.63 $34,580 0.065% 368
New Jersey 2,210 $18.48 $38,450 0.057% 357
Oregon 840 $13.11 $27,270 0.054% 443
South Carolina 790 $16.74 $34,830 0.045% 256

Top paying States for this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment Wage rank within State
Arizona 750 $23.77 $49,450 0.033% 122
Connecticut 250 $22.01 $45,780 0.015% 217
Massachusetts 830 $20.76 $43,170 0.026% 267
Idaho 40 $20.55 $42,740 0.007% 137
Delaware 160 $20.31 $42,240 0.040% 180

Metropolitan area profile for this occupation: Top

Metropolitan areas with the highest concentration of workers in this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
Des Moines, IA MSA 490 $15.04 $31,270 0.174%
Lubbock, TX MSA 140 $23.98 $49,880 0.119%
Florence, SC MSA 70 $15.87 $33,010 0.113%
Columbia, SC MSA 310 $17.99 $37,420 0.108%
Portland-Vancouver, OR-WA PMSA 740 $12.99 $27,010 0.080%

Top paying Metropolitan areas for this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
Stamford-Norwalk, CT PMSA (6) $41.19 $85,670 (6)
Vallejo-Fairfield-Napa, CA PMSA 50 $26.50 $55,130 0.027%
Tampa-St. Petersburg-Clearwater, FL MSA 280 $26.51 $55,130 0.024%
Macon, GA MSA (6) $25.80 $53,670 (6)
Bergen-Passaic, NJ PMSA 90 $25.30 $52,620 0.014%

About 2002 National, State, and Metropolitan Area Occupational Employment and Wage Estimates

To see profiles of other occupations, select from the major groups below:

These estimates are calculated with data collected from employers in all industry sectors in metropolitan and non-metropolitan areas in every State and the District of Columbia. The top five employment and wage figures are provided above. The complete list is available in the downloadable Excel files(XLS).

Percentile wage estimates show the percentage of workers in an occupation that earn less than a given wage and the percentage that earn more. The median wage is the 50th percentile wage estimate—50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Data for detailed occupations does not sum to the totals because the totals include data for occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly mean wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(6) Estimates not released.

All Business and Financial Operations Occupations

2002 State Occupational Employment and Wage Estimates

2002 Metropolitan Area Occupational Employment and Wage Estimates

2002 National Industry-Specific Occupational Employment and Wage Estimates

List of Occupations in SOC Code Number Order

List of Occupations in Alphabetical Order

Download 2002 Occupational Employment and Wage Estimates in Zipped Excel files

Technical notes

Last Modified Date: November 26, 2003

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