As of September 01, 2026, the average annual salary for Loan Counselor in Michigan is $50,346, equivalent to $24 per hour, $968 weekly, or $4,196 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Loan Counselor in cities like San Jose, Santa Clara, and San Francisco.
Annually Salaries for Loan Counselor in Michigan vary widely, spanning from $43,054 to $59,979. Most professionals fall between the 25th percentile ($46,529) and 75th percentile ($55,389), while top earners (90th percentile) make $59,979 per year. This $8,860 pay gap underscores opportunities for salary growth through certifications, specialized skills like Customer Service or Data Entry, or targeting high-paying regions like District of Columbia or California.
Location and experience significantly influence earnings. For example, Michigan Loan Counselor often earn 1.5% lower than national averages due to demand from Fortune 28 companies. However, Michigan currently ranks 22 nationwide for Loan Counselor job salary. Professionals are advised to focus on high-growth sectors like to offset market challenges.
