The annual salary statistics of credit counselors in Albany-Schenectady-Troy, New York is shown in Table 1. The wage data of credit counselors in Albany-Schenectady-Troy 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 | $41,070 |
| 25th Percentile Wage | $46,240 |
| 50th Percentile Wage | $52,050 |
| 75th Percentile Wage | $73,200 |
| 90th Percentile Wage | $85,460 |
Table 1 shows the average annual salary for credit counselors in Albany-Schenectady-Troy, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $85,460. The median (50th percentile) annual salary is $52,050. The average annual salary for the bottom 10 percent earners is $41,070.
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 | $52,050 | 4.21% | 23.63% |
| 2021 | $49,860 | -3.81% | - |
| 2020 | $51,760 | 4.48% | - |
| 2019 | $49,440 | 2.81% | - |
| 2018 | $48,050 | 1.54% | - |
| 2017 | $47,310 | -5.83% | - |
| 2016 | $50,070 | 3.99% | - |
| 2015 | $48,070 | 0.10% | - |
| 2014 | $48,020 | 15.24% | - |
| 2013 | $40,700 | 2.33% | - |
| 2012 | $39,750 | - | - |
From Table 3 we note that the median annual salary of $52,050 in Albany-Schenectady-Troy is in the middle of salary range for credit counselors in state of New York. In comparison, the annual salary of credit counselors in Albany-Schenectady-Troy is 17.3 percent (17.3%) lower than that in the highest paying New York-Northern New Jersey-Long Island and 20.7 percent (20.7%) higher than that in the lowest paying Utica-Rome.
| Cities/Areas | Median Annual Salary |
|---|---|
| New York-Northern New Jersey-Long Island | |
| Ithaca | |
| New York-White Plains-Wayne | |
| Albany-Schenectady-Troy | |
| Southwest New York nonmetropolitan area | |
| Syracuse | |
| Central East New York nonmetropolitan area | |
| Rochester | |
| Capital-Northern New York nonmetropolitan area | |
| Buffalo-Niagara Falls | |
| Nassau-Suffolk | |
| Binghamton | |
| Utica-Rome |