Average Credit Counselors Salary in Albany-Schenectady-Troy, NY
Yes, Albany-Schenectady-Troy, NY is a highly lucrative market for Credit Counselorss. With an average annual salary of $62,010, professionals here earn significantly more than the national norm. Notably, Albany-Schenectady-Troy, NY is a key hub for this profession, with a job concentration 1.43x higher than average.
Executive Summary
- Average Salary: $62,010 per year.
- Growth Trend: Salaries have shifted 2.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $81,130.
- Outlook: The current demand for Credit Counselorss is stable, with a local workforce of approximately 120 professionals. This role remains a specialized component of the broader Albany-Schenectady-Troy, NY economy.
Salary Overview
The average Credit Counselors in Albany-Schenectady-Troy, NY earns+11.9%above the national average.
$29.8
$1,193
$5,168
Credit Counselors Salary Trends (2020-2024)
Over the past 4 years, Credit Counselors salaries in Albany-Schenectady-Troy, NY have remained stable with a modest increase of 2.9%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Credit Counselors Salary Distribution in Albany-Schenectady-Troy, NY
The earning potential for Credit Counselorss in Albany-Schenectady-Troy, NY varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $47,560, while highly experienced professionals can command wages upwards of $81,130.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,560 | $22.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $46,508 | $22.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $58,720 | $28.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $77,513 | $37.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $81,130 | $39 |
Detailed Credit Counselors Market Analysis
Relocation Context
Nominal Salary
$62,010
Gross Pay
Real Wage (Purchasing Power)
$62,010
Adjusted for COL (100)
In Albany-Schenectady-Troy, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $62,010 to $62,010.
Job Market Context
120
Total Jobs
0.261
Per 1K Jobs
1.43
Location Quotient
With a location quotient of 1.43, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Credit Counselors roles compared to the national norm.
120 people work as Credit Counselors in Albany-Schenectady-Troy, NY.
Only 0.261 out of every 1,000 local jobs are Credit Counselors roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Credit Counselors
| City | Salary | Dist. |
|---|---|---|
| Southwest New York nonmetropolitan area Credit Counselors Salary | $59,870↓ 3% | 68 mi |
| Central East New York nonmetropolitan area Credit Counselors Salary | $67,270↑ 8% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
Hiring Credit Counselorss?
Frequently Asked Questions
How much does a Credit Counselors make in Albany-Schenectady-Troy, NY?
The median annual salary for a Credit Counselors in Albany-Schenectady-Troy, NY is $62,010. This typically ranges from $47,560 for entry-level positions to $81,130 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albany-Schenectady-Troy, NY is 11.9% higher than the national median of $55,430.
Is Albany-Schenectady-Troy, NY a good place for Credit Counselorss?
Yes, Albany-Schenectady-Troy, NY is an excellent location for Credit Counselorss. It offers both higher-than-average salaries ($62,010) and a high concentration of job opportunities. See distinct detailed breakdown below.
Is Albany-Schenectady-Troy, NY a good place to live for Credit Counselors?
The Cost of Living Index in Albany-Schenectady-Troy, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Albany-Schenectady-Troy, NY?
Some top paying nearby cities include Southwest New York nonmetropolitan area ($59,870) and Central East New York nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 120 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.261 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Credit Counselors • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY