The annual salary statistics of credit authorizers, checkers, and clerks in Detroit-Warren-Livonia, Michigan is shown in Table 1. The wage data of credit authorizers, checkers, and clerks in Detroit-Warren-Livonia 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 | $49,610 |
| 25th Percentile Wage | $50,120 |
| 50th Percentile Wage | $50,280 |
| 75th Percentile Wage | $59,340 |
| 90th Percentile Wage | $62,820 |
Table 1 shows the average annual salary for credit authorizers, checkers, and clerks in Detroit-Warren-Livonia, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $62,820. The median (50th percentile) annual salary is $50,280. The average annual salary for the bottom 10 percent earners is $49,610.
The table and chart below show the trend of the median salary of credit authorizers, checkers, and clerks from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $50,280 | 3.86% | 19.43% |
| 2021 | $48,340 | 6.52% | - |
| 2020 | $45,190 | -9.80% | - |
| 2019 | $49,620 | 14.47% | - |
| 2018 | $42,440 | 8.32% | - |
| 2017 | $38,910 | 7.84% | - |
| 2016 | $35,860 | -0.45% | - |
| 2015 | $36,020 | -6.97% | - |
| 2014 | $38,530 | -11.13% | - |
| 2013 | $42,820 | 5.39% | - |
| 2012 | $40,510 | - | - |
From Table 3 we note that with a median annual salary of $50,280, Detroit-Warren-Livonia is the highest paying city for credit authorizers, checkers, and clerks in state of Michigan, followed by Kalamazoo-Portage (median annual salary $46,720). In comparison, the median annual salary of credit authorizers, checkers, and clerks in Detroit-Warren-Livonia is 7.1 percent (7.1%) higher than that in Kalamazoo-Portage.
| Cities/Areas | Median Annual Salary |
|---|---|
| Detroit-Warren-Livonia | |
| Kalamazoo-Portage | |
| Detroit-Livonia-Dearborn | |
| Lansing-East Lansing | |
| Warren-Troy-Farmington Hills | |
| Grand Rapids-Wyoming | |
| Flint | |
| South Bend-Mishawaka | |
| Northwest Lower Peninsula of Michigan nonmetropolitan area |