Occupational Employment Statistics

Occupational Employment and Wages, May 2003

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)
30,810 6.2 % $18.12 $37,700 1.3 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $11.68 $13.24 $16.09 $20.62 $27.80
Annual Wage (2) $24,290 $27,530 $33,470 $42,880 $57,820

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 12,640 $18.28 $38,020 1 9
Depository credit intermediation 6,240 $18.51 $38,510 2 8
Colleges and universities 2,950 $17.30 $35,980 3 11
Activities related to credit intermediation 2,310 $21.72 $45,190 4 3
Management of companies and enterprises 1,310 $14.67 $30,510 5 22

Top paying industries for this occupation:

Industry Employment Hourly mean wage Annual mean wage Employment rank Wage rank
Automobile dealers 100 $29.22 $60,780 17 1
Local government (OES designation) 150 $22.67 $47,150 14 2
Activities related to credit intermediation 2,310 $21.72 $45,190 4 3
Other financial investment activities 170 $20.33 $42,280 13 4
Insurance carriers (6) $19.65 $40,870 (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 2,140 $17.63 $36,680 0.088% 349
Minnesota 1,800 $17.15 $35,670 0.069% 381
Oregon 930 $13.77 $28,650 0.060% 437
Colorado 1,220 $16.40 $34,120 0.058% 366
Missouri 1,400 $19.03 $39,580 0.053% 264

Top paying States for this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment Wage rank within State
Alaska 80 $36.19 $75,270 0.027% 32
Arizona 860 $24.67 $51,310 0.038% 120
Massachusetts 760 $23.51 $48,900 0.024% 224
Delaware 170 $22.41 $46,610 0.042% 156
South Dakota 60 $22.29 $46,370 0.017% 70

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
Florence, SC MSA 80 $16.19 $33,680 0.127%
Columbia, SC MSA 340 $18.41 $38,280 0.118%
Baltimore, MD PMSA 1,120 $19.41 $40,370 0.092%
Portland-Vancouver, OR-WA PMSA 840 $13.72 $28,530 0.091%
Minneapolis-St. Paul, MN-WI MSA 1,370 $16.74 $34,810 0.081%

Top paying Metropolitan areas for this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
Anchorage, AK MSA 60 $39.59 $82,340 0.044%
Stamford-Norwalk, CT PMSA 30 $36.17 $75,230 0.015%
Reading, PA MSA 30 $34.46 $71,680 0.019%
Los Angeles-Long Beach, CA PMSA 350 $28.35 $58,970 0.009%
Sacramento, CA PMSA 50 $28.11 $58,470 0.007%

About May 2003 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) Estimates for detailed occupations do not sum to the totals because the totals include 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

2003 May National Occupational Employment and Wage Estimates

2003 May State Occupational Employment and Wage Estimates

2003 May Metropolitan Area Occupational Employment and Wage Estimates

2003 May National Industry-Specific Occupational Employment and Wage Estimates

List of Occupations in SOC Code Number Order

List of Occupations in Alphabetical Order

Download May 2003 Occupational Employment and Wage Estimates in Zipped Excel files

Technical notes

Last Modified Date: May 7, 2004

Recommend this page using: