The annual salary statistics of credit counselors in Cleveland-Elyria-Mentor, Ohio is shown in Table 1. The wage statistics of credit counselors in Cleveland-Elyria-Mentor 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 | $37,690 |
| 25th Percentile Wage | $40,620 |
| 50th Percentile Wage | $48,310 |
| 75th Percentile Wage | $59,280 |
| 90th Percentile Wage | $78,280 |
Table 1 shows the average annual salary for credit counselors in Cleveland-Elyria-Mentor, Ohio in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $78,280. The median (50th percentile) annual salary is $48,310. The average annual salary for the bottom 10 percent earners is $37,690.
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 | $48,310 | -0.25% | 12.75% |
| 2021 | $48,430 | 2.64% | - |
| 2020 | $47,150 | -8.50% | - |
| 2019 | $51,160 | 6.43% | - |
| 2018 | $47,870 | -0.10% | - |
| 2017 | $47,920 | 12.75% | - |
| 2016 | $41,810 | -4.26% | - |
| 2015 | $43,590 | 4.54% | - |
| 2014 | $41,610 | -4.42% | - |
| 2013 | $43,450 | 2.99% | - |
| 2012 | $42,150 | - | - |
From Table 3 we note that the median annual salary of $48,310 in Cleveland-Elyria-Mentor is in the middle of salary range for credit counselors in state of Ohio. In comparison, the annual salary of credit counselors in Cleveland-Elyria-Mentor is 7.4 percent (7.4%) lower than that in the highest paying Eastern Ohio nonmetropolitan area and 17.3 percent (17.3%) higher than that in the lowest paying Other Ohio nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Eastern Ohio nonmetropolitan area | |
| Akron | |
| Cleveland-Elyria-Mentor | |
| Dayton | |
| Toledo | |
| Columbus | |
| Southern Ohio nonmetropolitan area | |
| Cincinnati-Middletown | |
| Canton-Massillon | |
| Other Ohio nonmetropolitan area |