Wages vary by the counselor's level of experience and formal training. In general, earnings increase with higher levels of experience and training. Those who work for the federal government may be on a fixed pay scale. They advance based on their experience and additional training. Financial aid counselors tend to earn lower wages than credit counselors.
Some employers provide benefits for full-time financial counselors. Typical benefits include health insurance, sick leave, paid vacation, and a retirement plan. Counselors who are self-employed must provide their own insurance and retirement plan.
Personal financial advisors (SOC 13-2052)
(1) Wage estimate isn't available.
Location |
Pay Period | |
||
25% |
Median |
75% |
||
Illinois | Hourly | $32.02 | $48.66 | $97.88 |
Yearly | $66,611 | $101,215 | $203,584 | |
Champaign Area | Hourly | $24.41 | $35.25 | $49.49 |
Yearly | $50,777 | $73,311 | $102,939 | |
Charleston-Effingham-Centralia Area | Hourly | $23.00 | $26.72 | $33.86 |
Yearly | $47,841 | $55,587 | $70,433 | |
Cook County | Hourly | $35.37 | $60.73 | (1) |
Yearly | $73,568 | $126,310 | (1) | |
Decatur Area | Hourly | $29.82 | $97.10 | (1) |
Yearly | $62,035 | $201,964 | (1) | |
Dekalb-Elgin-Aurora Area | Hourly | $25.21 | $50.67 | (1) |
Yearly | $52,432 | $105,395 | (1) | |
Du Page County | Hourly | $33.54 | $51.50 | (1) |
Yearly | $69,761 | $107,116 | (1) | |
Edwardsville Area | Hourly | $22.37 | $26.76 | $35.12 |
Yearly | $46,521 | $55,652 | $73,048 | |
Kankakee-Morris-Pontiac Area | Hourly | $26.80 | $32.05 | $47.70 |
Yearly | $55,749 | $66,660 | $99,218 | |
Lake County | Hourly | $26.43 | $37.37 | $55.10 |
Yearly | $54,980 | $77,735 | $114,613 | |
Mt. Vernon-Marion-Carbondale Area | Hourly | $28.04 | $33.44 | $39.06 |
Yearly | $58,318 | $69,558 | $81,244 | |
Northwest Illinois Area | Hourly | $25.05 | $28.27 | $33.75 |
Yearly | $52,105 | $58,807 | $70,207 | |
Peoria-Bloomington Area | Hourly | $30.19 | $37.88 | $60.14 |
Yearly | $62,798 | $78,782 | $125,087 | |
Quincy-Macomb-Galesburg Area | Hourly | $25.63 | $36.02 | (1) |
Yearly | $53,304 | $74,917 | (1) | |
Rock Island-Moline Area | Hourly | $33.35 | $46.38 | $71.86 |
Yearly | $69,371 | $96,468 | $149,479 | |
Rockford Area | Hourly | $25.07 | $35.88 | $50.94 |
Yearly | $52,137 | $74,634 | $105,960 | |
Springfield Area | Hourly | $29.05 | $40.06 | $69.49 |
Yearly | $60,417 | $83,329 | $144,549 | |
St. Louis-Belleville Area | Hourly | $32.95 | $40.57 | $50.13 |
Yearly | $68,541 | $84,389 | $104,265 | |
Vermilion County | Hourly | $14.34 | $19.29 | $29.47 |
Yearly | $29,837 | $40,122 | $61,306 | |
United States | Hourly | $27.78 | $42.24 | $74.27 |
Yearly | $57,780 | $87,850 | $154,480 |