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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 amongst Illinois 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 2016 and published in April 2017 [1].

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$36,690
25th Percentile Wage
$48,910
50th Percentile Wage
$62,510
75th Percentile Wage
$79,630
90th Percentile Wage
$105,770

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 $105,770. The median (50th percentile) annual salary is $62,510. The average annual salary for the bottom 10 percent is $36,690.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$17.64
25th Percentile Wage
$23.51
50th Percentile Wage
$30.05
75th Percentile Wage
$38.28
90th Percentile Wage
$50.85

Table 2 shows the average hourly salary for credit analysts in Illinois in 5 percentile scales. The average hourly salary for the 90th percentile is $50.85. The median hourly salary is $30.05. The average hourly salary for the bottom 10 percent is $17.64.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of credit analysts from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201662,510-1.60%0.77%
201563,510-2.65%-
201465,1901.73%-
201364,0603.17%-
201262,030--

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 $49,060 to $64,240. The highest paying area for credit analysts in Illinois is Chicago-Joliet-Naperville (IL Metropolitan Division) with a median annual salary of $64,240. The second highest paying city/area in Illinois State is Peoria (mean annual salary $62,660). The lowest paying area is West Central Illinois nonmetropolitan area with a median annual salary of $49,060.

Cities/Areas Median Annual Salary
Chicago-Joliet-Naperville (IL Metropolitan Division)
$64,240
Peoria
$62,660
Chicago-Joliet-Naperville (IL-IN-WI Area)
$62,410
Bloomington-Normal
$51,190
Rockford
$49,830
West Central Illinois nonmetropolitan area
$49,060


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