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Credit Analyst Salary Information in Illinois

The average annual and hourly salaries for credit analysts in the state of Illinois are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of credit analysts among Illinois metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Credit Analysts in Illinois

Percentile BracketAverage Annual Salary
10th Percentile Wage
$38,540
25th Percentile Wage
$51,250
50th Percentile Wage
$64,800
75th Percentile Wage
$83,960
90th Percentile Wage
$121,510

Table 1 shows the average annual salary for credit analysts in Illinois in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $121,510. The median (50th percentile) annual salary is $64,800. The average annual salary for the bottom 10 percent is $38,540.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of credit analysts from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$64,800
3.53% 4.27%
2016
$62,510
-1.60% -
2015
$63,510
-2.65% -
2014
$65,190
1.73% -
2013
$64,060
3.17% -
2012
$62,030
- -

Table 3. Median Annual Salary of Credit Analysts in Illinois Cities

Table 3 shows the median annual salary of credit analysts in some Illinois cities and metropolitan areas. We note that the median annual salary of credit analysts in state of Illinois ranges from $46,460 to $67,640. The highest paying area for credit analysts in Illinois is Chicago-Joliet-Naperville (IL Metropolitan Division) with a median annual salary of $67,640. The second highest paying city/area in Illinois State is Champaign-Urbana (mean annual salary $67,600). The lowest paying area is West Central Illinois nonmetropolitan area with a median annual salary of $46,460.

Cities/Areas Median Annual Salary
Chicago-Joliet-Naperville (IL Metropolitan Division)
$67,640
Champaign-Urbana
$67,600
Chicago-Joliet-Naperville (IL-IN-WI Area)
$65,570
Springfield
$64,340
East Central Illinois nonmetropolitan area
$59,040
Peoria
$59,010
Northwest Illinois nonmetropolitan area
$52,670
Bloomington-Normal
$51,190
Rockford
$49,830
West Central Illinois nonmetropolitan area
$46,460




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