Credit Counselors in Minnesota
May 2025 wages · tax year 2026
You keep
$49,422
after federal, FICA and Minnesota tax
Tax takes
$12,738
20.5% of the whole
Worth, in national money
$50,217
Minnesota costs less than average
On that salary you would be around the 25th percentile for this work in Minnesota — roughly, since only five points along the band are published.
One filer, standard deduction, no dependants and nothing paid in before tax — the same household the rest of this page uses, so the comparison holds. City and school-district income taxes are not included.
Median here
$62,160
Kept after tax
$49,422
Worth in national money
$50,217
State rank
8
of 46 states
What this pays, and what it is worth
- Pay for credit counselors is strong here. Minnesota's middle earner gets $62,160, putting the state 8 of 46 — about 19.01% ahead of the national figure.
- Against other work in Minnesota, this sits in the middle: 264 of 490 occupations with published pay. Solidly ordinary for the state, which is not the same as ordinary nationally.
- Prices here sit close to the national average, so the adjustment changes little. From $62,160 the take-home is $49,422, which is worth about $50,217 in comparable money. Tax does most of the work here, not cost of living. The average is lower, $61,310, so pay clusters nearer the top than usual.
- For credit counselors, Minnesota sits in the upper band nationally: a median of $62,160, ranking 8 of 46 and running about 19.01% above the national midpoint. Nominal advantage of this size is usually, though not always, large enough to survive the state's own tax and price levels.
- Credit counselors ranks 264 of 490 occupations in Minnesota by median pay, in the middle bands. Within-state and national positions are separate measurements and a job commonly sits in different quartiles on each.
- Minnesota's price level is near the national average, so price deflation is close to neutral for credit counselors on its $62,160 median: $49,422 retained after tax becomes $50,217 in national-average terms. Where the price adjustment is small, the tax stack is the dominant determinant of the real outcome. The mean of $61,310 falls below the median, a left skew that is uncommon in wage data.
Compare this career across states
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Pay band: Credit Counselors
The state median for this job
| Lowest tenth earn under | $47,110 |
|---|---|
| Half earn under | $62,160 |
| Top tenth earn over | $74,140 |
| This salary | $62,160 |
Positions between the published tenth, quarter, half, three-quarter and ninetieth points are estimated by straight line.
The same pay, somewhere else
The state median for this job
| Take-home in Minnesota | $49,422 |
|---|---|
| Take-home in Texas | $52,126 |
| Once local prices are leveledBEA price parity | +$3,424 |
State income tax and state price levels only. No city income tax, and no housing market.
What you would need there
The state median for this job
| To match take-home only | $58,795 |
|---|---|
| You could take a cut of | −$4,141 |
| Prices in Texas | 97 vs 98 |
State taxes and state price levels only. No city tax, and no housing market.
Sources and assumptions
- Half the people doing this work in Minnesota earn less than $62,160. The published range is $47,110 up to $74,140, so an individual figure can sit a long way from the middle in either direction.
- In Minnesota the take-home figure of $49,422, from $62,160, assumes one filer, no dependants, and nothing paid into a pension before tax. Each of those lowers the bill, so treat it as the plain case. City and school-district income taxes are not included either, and in a few states those are real money. It ranks 264 of 490 occupations here.
- Two cautions on $50,217, the adjusted value of that $62,160 median. It levels out prices with a single number for all of Minnesota. No actual address matches that. The wage figures and price figures are also from different years. Each is published on its own timetable. This work sits at 264 of 490 locally.
- Reported values are medians; for credit counselors in Minnesota the tenth-to-ninetieth percentile band is $47,110 to $74,140. Neither the median nor the band is an offer rate, and neither accounts for hours, shift differentials or overtime.
- Take-home for Minnesota is computed for a single filer taking the standard deduction with no dependants and no pre-tax contributions, giving $49,422 from $62,160. Each omitted item reduces taxable income, so the figure is a lower bound on retained pay for this household shape. Municipal and school-district income taxes are excluded, which understates the burden materially in Ohio, Pennsylvania and Maryland. The occupation ranks 264 of 490 locally.
- This $50,217 adjusted figure, worked from $62,160, rests on a state-level price parity averaging over within-state dispersion larger than much of the between-state dispersion. Wage and price vintages differ by publication schedule. The result is directionally sound and not address-specific, for work at 264 of 490 in the state. The occupation ranks 264 of 490 locally.
Questions people ask
How much does pay for this job actually vary?
Less than you might expect. The bottom tenth earn $47,110 and the top tenth $74,140, so most people doing this work in Minnesota sit within a fairly tight band.
What does this pay actually buy where I live?
A smaller wage in a cheaper place is not automatically less. Adjusted for local prices, this is worth $50,217.
Where does the difference between the wage and my paycheck go?
Into four separate taxes, not one. Federal income tax, Social Security and Medicare apply everywhere, and Minnesota adds its own income tax on top — which is why $49,422 of this wage survives to your account.
Why is this job missing from some states?
The survey withholds small samples rather than publish an unreliable number. Pay appears for 46 states here, and a missing state means too few reports, not no jobs.
What is the dispersion of this occupation's wage distribution?
The tenth-to-ninetieth percentile span ($47,110 to $74,140) sits at or below the family's median dispersion, indicating relatively standardized compensation. Percentiles are published per state, so this dispersion is specific to Minnesota rather than a national figure.
What is this occupation's price-adjusted compensation in this state?
Minnesota's regional price parity is at or below the national average, so nominal wages understate purchasing power. Take-home deflated by the state price level is $50,217 in national-average terms. The adjustment uses an all-items index and does not isolate housing.
What accounts for the gap between gross wage and take-home here?
Take-home of $49,422 reflects federal income tax, OASDI, Medicare and Minnesota income tax for a single filer with no adjustments. The state layer is levied in addition to the federal one; only its rate and base differ between states.
Why does this occupation lack published estimates in every state?
BLS suppresses estimates failing disclosure or reliability criteria. This occupation has published state-level estimates in 46 of the fifty-one jurisdictions. Suppression reflects sample size and confidentiality rules, and cannot be read as an absence of employment.