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Credit Counselor Salary Information in Tennessee

The average annual and hourly salaries for credit counselors in the state of Tennessee are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of credit counselors amongst Tennessee areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

Table 1 & 2. Annual & Hourly Salary of Credit Counselors in Tennessee

Percentile BracketAverage Annual Salary
10th Percentile Wage
$22,080
25th Percentile Wage
$27,990
50th Percentile Wage
$36,490
75th Percentile Wage
$56,700
90th Percentile Wage
$85,890

Table 1 shows the average annual salary for credit counselors in Tennessee in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $85,890. The median (50th percentile) annual salary is $36,490. The average annual salary for the bottom 10 percent is $22,080.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$10.61
25th Percentile Wage
$13.46
50th Percentile Wage
$17.54
75th Percentile Wage
$27.26
90th Percentile Wage
$41.29

Table 2 shows the average hourly salary for credit counselors in Tennessee in 5 percentile scales. The average hourly salary for the 90th percentile is $41.29. The median hourly salary is $17.54. The average hourly salary for the bottom 10 percent is $10.61.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of credit counselors from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201636,490-7.43%19.35%
201539,20015.71%-
201433,0408.78%-
201330,1402.36%-
201229,430--

Table 3. Median Annual Salary of Credit Counselors in Tennessee Cities

Table 3 shows the median annual salary of credit counselors in some Tennessee cities and metropolitan areas. We note that the median annual salary of credit counselors in state of Tennessee ranges from $30,650 to $51,250. The highest paying area for credit counselors in Tennessee is Nashville-Davidson--Murfreesboro--Franklin with a median annual salary of $51,250. The second highest paying city/area in Tennessee State is Memphis (mean annual salary $42,480). The lowest paying area is Eastern Tennessee nonmetropolitan area with a median annual salary of $30,650.

Cities/Areas Median Annual Salary
Nashville-Davidson--Murfreesboro--Franklin
$51,250
Memphis
$42,480
Eastern Tennessee nonmetropolitan area
$30,650


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