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Credit Analyst Salary Information in New York

The average annual and hourly salaries for credit analysts in the state of New York are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of credit analysts among New York 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 2014 and published in May 2015 [1].

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

Percentile BracketAverage Annual Salary
90th Percentile Wage
No Data
75th Percentile Wage
$147,080
50th Percentile Wage
$97,130
25th Percentile Wage
$68,940
10th Percentile Wage
$50,890

Table 1 shows the average annual salary for credit analysts in New York in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $147,080. The median (50th percentile) annual salary is $97,130. The average annual salary for the bottom 10 percent is $50,890.

Percentile BracketAverage Hourly Salary
90th Percentile Wage
No Data
75th Percentile Wage
$70.70
50th Percentile Wage
$46.70
25th Percentile Wage
$33.14
10th Percentile Wage
$24.47

Table 2 shows the average hourly salary for credit analysts in New York in 5 percentile scales. The average hourly salary for the 75th percentile wage is $70.70. The median hourly salary is $46.70. The average hourly salary for the bottom 10 percent is $24.47.

Table 3. Salary Trend

YearAverage Annual SalaryGrowth (%)
2014 $97,130 0.24%
2013 $96,900 8.86%
2012 $89,010 2.10%
2011 $87,180 0.95%
2010 $86,360 -

Table 3 shows the salary trend for credit analysts in state of New York from 2010 to 2014. We note that from 2010 to 2014 the average salary has increased by 12.47%. We note that in 2013 the average salary increased by 8.86%. We also note that the average annual wage had a moderate growth of 2.10% in the year 2012 and a small increase of 0.95% in 2011.

Table 4. Average Credit Analyst Wage in New York vs. Related Jobs

OccupationAverage Wage
Credit Analysts
$97,130
Financial Analysts
$96,180
Personal Financial Advisors
$113,640
Insurance Underwriters
$78,610
Financial Examiners
$99,140
Credit Counselors
$51,950
Loan Officers
$78,880

Table 5. Median Annual Salary of Credit Analysts in New York Cities

Table 5 shows the median annual salary of credit analysts in some New York cities and metropolitan areas. We note that the median annual salary of credit analysts in state of New York ranges from $46,270 to $105,110. The highest paying area for credit analysts in New York is New York-White Plains-Wayne with a median annual salary of $105,110. The second highest paying city/area in New York State is New York-Northern New Jersey-Long Island (mean annual salary $94,050). The lowest paying area is Southwest New York nonmetropolitan area with a median annual salary of $46,270.

Cities/Areas Median Annual Salary
New York-White Plains-Wayne
$105,110
New York-Northern New Jersey-Long Island
$94,050
Syracuse
$76,370
Albany-Schenectady-Troy
$74,390
Nassau-Suffolk
$69,410
Buffalo-Niagara Falls
$63,030
Rochester
$60,860
Southwest New York nonmetropolitan area
$46,270

Credit Analyst Salary by State

Alabama       Arizona       Arkansas       California       Colorado       Connecticut       Delaware       D.C.       Florida       Georgia       Hawaii       Idaho       Illinois       Indiana       Iowa       Kansas       Kentucky       Louisiana       Maine       Maryland       Massachusetts       Michigan       Minnesota       Mississippi       Missouri       Montana       Nebraska       Nevada       New Hampshire       New Jersey       New Mexico       New York       North Carolina       North Dakota       Ohio       Oklahoma       Oregon       Pennsylvania       Puerto Rico       Rhode Island       South Carolina       South Dakota       Tennessee       Texas       Utah       Vermont       Virginia       Washington       West Virginia       Wisconsin      

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