The annual salary statistics of credit counselors in Palm Bay-Melbourne-Titusville, Florida is shown in Table 1. The wage data of credit counselors in Palm Bay-Melbourne-Titusville is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $31,880 |
| 25th Percentile Wage | $35,400 |
| 50th Percentile Wage | $41,230 |
| 75th Percentile Wage | $47,670 |
| 90th Percentile Wage | $66,310 |
Table 1 shows the average annual salary for credit counselors in Palm Bay-Melbourne-Titusville, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $66,310. The median (50th percentile) annual salary is $41,230. The average annual salary for the bottom 10 percent earners is $31,880.
The table and chart below show the trend of the median salary of credit counselors from 2012 to 2019.
| Year | Median Salary | Yearly Growth | 7-Year Growth |
|---|---|---|---|
| 2019 | $41,230 | 0.39% | 1.46% |
| 2018 | $41,070 | 4.58% | - |
| 2017 | $39,190 | 3.04% | - |
| 2016 | $38,000 | -1.58% | - |
| 2015 | $38,600 | -0.31% | - |
| 2014 | $38,720 | -4.93% | - |
| 2012 | $40,630 | - | - |
From Table 3 we note that the median annual salary of $41,230 in Palm Bay-Melbourne-Titusville is in the middle of salary range for credit counselors in state of Florida. In comparison, the annual salary of credit counselors in Palm Bay-Melbourne-Titusville is 16.7 percent (16.7%) lower than that in the highest paying Lakeland-Winter Haven and 8.3 percent (8.3%) higher than that in the lowest paying Naples-Marco Island.