The annual salary statistics of credit counselors in Buffalo-Niagara Falls, New York is shown in Table 1. The wage statistics of credit counselors in Buffalo-Niagara Falls 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 | $44,760 |
| 25th Percentile Wage | $47,260 |
| 50th Percentile Wage | $49,090 |
| 75th Percentile Wage | $64,390 |
| 90th Percentile Wage | $80,930 |
Table 1 shows the average annual salary for credit counselors in Buffalo-Niagara Falls, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $80,930. The median (50th percentile) annual salary is $49,090. The average annual salary for the bottom 10 percent earners is $44,760.
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 | $49,090 | 0.29% | 13.93% |
| 2021 | $48,950 | -11.30% | - |
| 2020 | $54,480 | 1.98% | - |
| 2019 | $53,400 | 0.96% | - |
| 2018 | $52,890 | 22.76% | - |
| 2017 | $40,850 | -18.65% | - |
| 2016 | $48,470 | 1.51% | - |
| 2015 | $47,740 | -10.24% | - |
| 2014 | $52,630 | 8.28% | - |
| 2013 | $48,270 | 12.47% | - |
| 2012 | $42,250 | - | - |
From Table 3 we note that the median annual salary of $49,090 in Buffalo-Niagara Falls is in the middle of salary range for credit counselors in state of New York. In comparison, the annual salary of credit counselors in Buffalo-Niagara Falls is 22.0 percent (22.0%) lower than that in the highest paying New York-Northern New Jersey-Long Island and 15.9 percent (15.9%) higher than that in the lowest paying Utica-Rome.