The annual salary statistics of credit counselors in Indianapolis-Carmel, Indiana is shown in Table 1. The wage statistics of credit counselors in Indianapolis-Carmel 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 | $36,050 |
| 25th Percentile Wage | $40,240 |
| 50th Percentile Wage | $49,950 |
| 75th Percentile Wage | $58,790 |
| 90th Percentile Wage | $64,520 |
Table 1 shows the average annual salary for credit counselors in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $64,520. The median (50th percentile) annual salary is $49,950. The average annual salary for the bottom 10 percent earners is $36,050.
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 | $49,950 | 2.64% | 21.66% |
| 2021 | $48,630 | 29.02% | - |
| 2020 | $34,520 | 13.04% | - |
| 2019 | $30,020 | -46.34% | - |
| 2018 | $43,930 | 13.11% | - |
| 2017 | $38,170 | 0.79% | - |
| 2016 | $37,870 | -1.27% | - |
| 2015 | $38,350 | -5.11% | - |
| 2014 | $40,310 | 2.16% | - |
| 2013 | $39,440 | 0.79% | - |
| 2012 | $39,130 | - | - |
From Table 3 we note that with a median annual salary of $49,950, Indianapolis-Carmel is the highest paying city for credit counselors in state of Indiana, followed by Fort Wayne (median annual salary $38,110). In comparison, the median annual salary of credit counselors in Indianapolis-Carmel is 23.7 percent (23.7%) higher than that in Fort Wayne.
| Cities/Areas | Median Annual Salary |
|---|---|
| Indianapolis-Carmel | |
| Fort Wayne | |
| Terre Haute | |
| Southern Indiana nonmetropolitan area |