The annual salary statistics of credit counselors in Portland-South Portland-Biddeford, Maine is shown in Table 1. The wage information of credit counselors in Portland-South Portland-Biddeford 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 | $41,410 |
| 25th Percentile Wage | $41,410 |
| 50th Percentile Wage | $44,320 |
| 75th Percentile Wage | $50,290 |
| 90th Percentile Wage | $61,820 |
Table 1 shows the average annual salary for credit counselors in Portland-South Portland-Biddeford, Maine in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $61,820. The median (50th percentile) annual salary is $44,320. The average annual salary for the bottom 10 percent earners is $41,410.
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 | $44,320 | -8.48% | 34.52% |
| 2021 | $48,080 | 10.44% | - |
| 2020 | $43,060 | 3.67% | - |
| 2019 | $41,480 | 0.65% | - |
| 2018 | $41,210 | -4.17% | - |
| 2017 | $42,930 | 4.91% | - |
| 2016 | $40,820 | 8.13% | - |
| 2015 | $37,500 | 3.89% | - |
| 2014 | $36,040 | 6.60% | - |
| 2013 | $33,660 | 13.78% | - |
| 2012 | $29,020 | - | - |
From Table 3 we note that with a median annual salary of $44,320, Portland-South Portland-Biddeford is the second highest paying city for credit counselors in state of Maine, following the highest paying city Southwest Maine nonmetropolitan area (median annual salary of $44,550). Compared with Southwest Maine nonmetropolitan area, the median annual salary of credit counselors in Portland-South Portland-Biddeford is .5 percent (.5%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Southwest Maine nonmetropolitan area | |
| Portland-South Portland-Biddeford |