The annual salary statistics of credit counselors in Baltimore-Towson, Maryland is shown in Table 1. The wage data of credit counselors in Baltimore-Towson 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 | $41,550 |
| 25th Percentile Wage | $46,340 |
| 50th Percentile Wage | $50,720 |
| 75th Percentile Wage | $62,630 |
| 90th Percentile Wage | $72,480 |
Table 1 shows the average annual salary for credit counselors in Baltimore-Towson, Maryland in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $72,480. The median (50th percentile) annual salary is $50,720. The average annual salary for the bottom 10 percent earners is $41,550.
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 | $50,720 | 5.24% | 4.02% |
| 2021 | $48,060 | 5.81% | - |
| 2020 | $45,270 | 7.60% | - |
| 2019 | $41,830 | -1.20% | - |
| 2018 | $42,330 | 3.80% | - |
| 2017 | $40,720 | 0.76% | - |
| 2016 | $40,410 | 2.13% | - |
| 2015 | $39,550 | -0.99% | - |
| 2014 | $39,940 | -13.70% | - |
| 2013 | $45,410 | -7.20% | - |
| 2012 | $48,680 | - | - |
From Table 3 we note that with a median annual salary of $50,720, Baltimore-Towson is the second highest paying city for credit counselors in state of Maryland, following the highest paying city Bethesda-Rockville-Frederick (median annual salary of $60,960). Compared with Bethesda-Rockville-Frederick, the median annual salary of credit counselors in Baltimore-Towson is 16.8 percent (16.8%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Bethesda-Rockville-Frederick | |
| Baltimore-Towson | |
| Salisbury |