The annual salary statistics of credit counselors in Des Moines-West Des Moines, Iowa is shown in Table 1. The wage statistics of credit counselors in Des Moines-West Des Moines 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 | $39,800 |
| 25th Percentile Wage | $44,250 |
| 50th Percentile Wage | $50,150 |
| 75th Percentile Wage | $53,840 |
| 90th Percentile Wage | $63,350 |
Table 1 shows the average annual salary for credit counselors in Des Moines-West Des Moines, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $63,350. The median (50th percentile) annual salary is $50,150. The average annual salary for the bottom 10 percent earners is $39,800.
The table and chart below show the trend of the median salary of credit counselors from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $50,150 | 3.47% | 25.74% |
| 2021 | $48,410 | 0.29% | - |
| 2020 | $48,270 | 7.23% | - |
| 2019 | $44,780 | 3.24% | - |
| 2018 | $43,330 | 8.47% | - |
| 2017 | $39,660 | -2.57% | - |
| 2016 | $40,680 | 5.16% | - |
| 2015 | $38,580 | 5.78% | - |
| 2014 | $36,350 | 3.91% | - |
| 2013 | $34,930 | -6.61% | - |
| 2012 | $37,240 | - | - |
From Table 3 we note that with a median annual salary of $50,150, Des Moines-West Des Moines is the highest paying city for credit counselors in state of Iowa, followed by Southwest Iowa nonmetropolitan area (median annual salary $49,710). In comparison, the median annual salary of credit counselors in Des Moines-West Des Moines is .9 percent (.9%) higher than that in Southwest Iowa nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Des Moines-West Des Moines | |
| Southwest Iowa nonmetropolitan area | |
| Ames | |
| Cedar Rapids | |
| Davenport-Moline-Rock Island | |
| Waterloo-Cedar Falls | |
| Southeast Iowa nonmetropolitan area | |
| Northwest Iowa nonmetropolitan area | |
| Northeast Iowa nonmetropolitan area |