The annual salary statistics of credit counselors in Philadelphia-Camden-Wilmington, Pennsylvania is shown in Table 1. The wage data of credit counselors in Philadelphia-Camden-Wilmington 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 | $40,940 |
| 25th Percentile Wage | $45,780 |
| 50th Percentile Wage | $49,410 |
| 75th Percentile Wage | $61,870 |
| 90th Percentile Wage | $70,010 |
Table 1 shows the average annual salary for credit counselors in Philadelphia-Camden-Wilmington, Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $70,010. The median (50th percentile) annual salary is $49,410. The average annual salary for the bottom 10 percent earners is $40,940.
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 | $49,410 | 5.06% | 11.66% |
| 2021 | $46,910 | -15.54% | - |
| 2020 | $54,200 | 2.27% | - |
| 2019 | $52,970 | -3.70% | - |
| 2018 | $54,930 | -0.15% | - |
| 2017 | $55,010 | -8.47% | - |
| 2016 | $59,670 | 10.76% | - |
| 2015 | $53,250 | 5.97% | - |
| 2014 | $50,070 | 8.83% | - |
| 2013 | $45,650 | 4.38% | - |
| 2012 | $43,650 | - | - |
From Table 3 we note that the median annual salary of $49,410 in Philadelphia-Camden-Wilmington is in the middle of salary range for credit counselors in state of Pennsylvania. In comparison, the annual salary of credit counselors in Philadelphia-Camden-Wilmington is 17.0 percent (17.0%) lower than that in the highest paying Newark-Union and 27.2 percent (27.2%) higher than that in the lowest paying Erie.