The annual salary statistics of credit counselors in Lexington-Fayette, Kentucky is shown in Table 1. The wage statistics of credit counselors in Lexington-Fayette 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 | $33,420 |
| 25th Percentile Wage | $39,410 |
| 50th Percentile Wage | $44,050 |
| 75th Percentile Wage | $47,380 |
| 90th Percentile Wage | $58,910 |
Table 1 shows the average annual salary for credit counselors in Lexington-Fayette, Kentucky in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $58,910. The median (50th percentile) annual salary is $44,050. The average annual salary for the bottom 10 percent earners is $33,420.
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 | $44,050 | -5.88% | 7.56% |
| 2021 | $46,640 | -6.28% | - |
| 2019 | $49,570 | 8.80% | - |
| 2018 | $45,210 | 7.12% | - |
| 2017 | $41,990 | 3.02% | - |
| 2016 | $40,720 | 5.13% | - |
| 2015 | $38,630 | 4.50% | - |
| 2014 | $36,890 | -10.38% | - |
| 2012 | $40,720 | - | - |
From Table 3 we note that with a median annual salary of $44,050, Lexington-Fayette is the highest paying city for credit counselors in state of Kentucky, followed by Louisville-Jefferson County (median annual salary $43,790). In comparison, the median annual salary of credit counselors in Lexington-Fayette is .6 percent (.6%) higher than that in Louisville-Jefferson County.
| Cities/Areas | Median Annual Salary |
|---|---|
| Lexington-Fayette | |
| Louisville-Jefferson County | |
| West Central Kentucky nonmetropolitan area | |
| Evansville | |
| Bowling Green | |
| Owensboro | |
| West Kentucky nonmetropolitan area |