The annual salary statistics of credit counselors in Western Tennessee nonmetropolitan area, Tennessee is shown in Table 1. The wage data of credit counselors in Western Tennessee nonmetropolitan area 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 | $31,000 |
| 25th Percentile Wage | $31,000 |
| 50th Percentile Wage | $42,040 |
| 75th Percentile Wage | $46,460 |
| 90th Percentile Wage | $59,890 |
Table 1 shows the average annual salary for credit counselors in Western Tennessee nonmetropolitan area, Tennessee in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $59,890. The median (50th percentile) annual salary is $42,040. The average annual salary for the bottom 10 percent earners is $31,000.
The table and chart below show the trend of the median salary of credit counselors from 2012 to 2022. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 4-Year Growth |
|---|---|---|---|
| 2022 | $42,040 | 3.26% | -0.29% |
| 2020 | $40,670 | -6.84% | - |
| 2019 | $43,450 | 2.97% | - |
| 2018 | $42,160 | - | - |
From Table 3 we note that the median annual salary of $42,040 in Western Tennessee nonmetropolitan area is in the middle of salary range for credit counselors in state of Tennessee. In comparison, the annual salary of credit counselors in Western Tennessee nonmetropolitan area is 30.4 percent (30.4%) lower than that in the highest paying Chattanooga and 18.3 percent (18.3%) 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 |