Average Credit Counselors Salary in Baltimore-Columbia-Towson, MD
Yes, Baltimore-Columbia-Towson, MD is a highly lucrative market for Credit Counselorss. With an average annual salary of $63,520, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $63,520 per year.
- Growth Trend: Salaries have shifted 36.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $77,460.
- Outlook: The current demand for Credit Counselorss is stable, with a local workforce of approximately 170 professionals. This role remains a specialized component of the broader Baltimore-Columbia-Towson, MD economy.
Salary Overview
The average Credit Counselors in Baltimore-Columbia-Towson, MD earns+14.6%above the national average.
$30.5
$1,222
$5,293
Credit Counselors Salary Trends (2020-2024)
Over the past 4 years, Credit Counselors salaries in Baltimore-Columbia-Towson, MD have experienced a rapid surge, growing by 36.5%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Credit Counselors Salary Distribution in Baltimore-Columbia-Towson, MD
The earning potential for Credit Counselorss in Baltimore-Columbia-Towson, MD 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 $49,150, while highly experienced professionals can command wages upwards of $77,460.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,150 | $23.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $47,640 | $22.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $57,240 | $27.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $79,400 | $38.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $77,460 | $37.2 |
Detailed Credit Counselors Market Analysis
Relocation Context
Nominal Salary
$63,520
Gross Pay
Real Wage (Purchasing Power)
$63,520
Adjusted for COL (100)
In Baltimore-Columbia-Towson, MD, the Cost of Living Index is 100. This increases your effective purchasing power from $63,520 to $63,520.
Job Market Context
170
Total Jobs
0.129
Per 1K Jobs
0.71
Location Quotient
Baltimore-Columbia-Towson, MD has 0.71x the national average concentration of Credit Counselors jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
170 people work as Credit Counselors in Baltimore-Columbia-Towson, MD.
Only 0.129 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. |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV Credit Counselors Salary | $69,320↑ 9% | 35 mi |
| Lancaster, PA Credit Counselors Salary | $44,830↓ 29% | 55 mi |
Comparing salaries near Baltimore-Columbia-Towson, MD
Hiring Credit Counselorss?
Frequently Asked Questions
How much does a Credit Counselors make in Baltimore-Columbia-Towson, MD?
The median annual salary for a Credit Counselors in Baltimore-Columbia-Towson, MD is $63,520. This typically ranges from $49,150 for entry-level positions to $77,460 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Baltimore-Columbia-Towson, MD is 14.6% higher than the national median of $55,430.
Is Baltimore-Columbia-Towson, MD a good place for Credit Counselorss?
Yes, Baltimore-Columbia-Towson, MD is financially attractive for Credit Counselorss. The average salary of $63,520 exceeds the national average. See distinct detailed breakdown below.
Is Baltimore-Columbia-Towson, MD a good place to live for Credit Counselors?
The Cost of Living Index in Baltimore-Columbia-Towson, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Baltimore-Columbia-Towson, MD?
Some top paying nearby cities include Washington-Arlington-Alexandria, DC-VA-MD-WV ($69,320) and Lancaster, PA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 170 employees in the Baltimore-Columbia-Towson, MD area with a job density of 0.129 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 Baltimore-Columbia-Towson, MD