The annual salary statistics of credit counselors in Nashville-Davidson--Murfreesboro--Franklin, Tennessee is shown in Table 1. The wage statistics of credit counselors in Nashville-Davidson--Murfreesboro--Franklin 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 | $37,380 |
| 25th Percentile Wage | $39,460 |
| 50th Percentile Wage | $47,580 |
| 75th Percentile Wage | $61,860 |
| 90th Percentile Wage | $67,430 |
Table 1 shows the average annual salary for credit counselors in Nashville-Davidson--Murfreesboro--Franklin, Tennessee in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $67,430. The median (50th percentile) annual salary is $47,580. The average annual salary for the bottom 10 percent earners is $37,380.
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 | $47,580 | -0.42% | 29.87% |
| 2021 | $47,780 | 15.91% | - |
| 2020 | $40,180 | 2.39% | - |
| 2019 | $39,220 | -11.09% | - |
| 2018 | $43,570 | -14.53% | - |
| 2017 | $49,900 | -2.71% | - |
| 2016 | $51,250 | 22.28% | - |
| 2015 | $39,830 | 9.14% | - |
| 2014 | $36,190 | 5.72% | - |
| 2013 | $34,120 | 2.20% | - |
| 2012 | $33,370 | - | - |
From Table 3 we note that the median annual salary of $47,580 in Nashville-Davidson--Murfreesboro--Franklin is in the middle of salary range for credit counselors in state of Tennessee. In comparison, the annual salary of credit counselors in Nashville-Davidson--Murfreesboro--Franklin is 21.2 percent (21.2%) lower than that in the highest paying Chattanooga and 27.8 percent (27.8%) higher than that in the lowest paying Johnson City.
| Cities/Areas | Median Annual Salary |
|---|---|
| Chattanooga | |
| Memphis | |
| Knoxville | |
| Nashville-Davidson--Murfreesboro--Franklin | |
| Clarksville | |
| North Central Tennessee nonmetropolitan area | |
| Western Tennessee nonmetropolitan area | |
| Eastern Tennessee nonmetropolitan area | |
| Johnson City |