Credit Analyst Salary Information

The salary statistics of credit analysts are shown in Table 1. In the next few tables we compare the average salaries of credit analysts within different industry sectors and in the 50 states of the United States. The credit analysts annual salary statistics are from the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

Table 1. Credit Analyst Salary in the United States

Percentile BracketAverage Annual Salary
10th Percentile Wage
$40,860
25th Percentile Wage
$52,510
50th Percentile Wage
$69,930
75th Percentile Wage
$96,910
90th Percentile Wage
$137,730

Table 1 shows the average annual salary for credit analysts. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) credit analysts is $137,730. The median annual salary (50th percentile) is $69,930. The average annual salary for the bottom 10 percent is $40,860. We note that in the United States, the annual salary of the 90th percentile (the top 10 percent of the highest paid) is almost 237% higher than that of the bottom 10 percent.

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
201669,9300.36%12.66%
201569,6803.82%-
201467,0204.46%-
201364,0304.61%-
201261,080--

Table 2. Credit Analyst Salary by Industry Sector

The average salaries of credit analysts in 17 major industry sectors are shown in Table 2. We note that the salaries vary considerably within different industry sectors. The highest paying industry sector for credit analysts occupations is the utilities sector with an annual salary $82,230. The lowest paying sector is the real estate and rental and leasing sector (annual salary $56,390).

Industry Sector Median Annual Salary
Utilities
$82,230
Construction
$79,800
Retail Trade
$78,610
Health Care and Social Assistance
$77,470
Transportation and Warehousing
$72,530
Finance and Insurance
$71,470
Other Services (except Federal, State, and Local Government)
$71,310
Management of Companies and Enterprises
$71,040
Information
$68,940
Professional, Scientific, and Technical Services
$67,290
Administrative and Support and Waste Management and Remediation Services
$64,930
Federal, State, and Local Government
$62,960
Wholesale Trade
$59,590
Manufacturing
$59,550
Educational Services
$58,810
Accommodation and Food Services
$57,510
Real Estate and Rental and Leasing
$56,390

Table 3. Median Annual Wage of Credit Analysts by States

From the above tables we note that not only credit analysts salaries vary considerably based on one's education and experience, and the industry sectors, they also change considerably from state to state. In the following table we compare the median salary of credit analysts in all 50 states of the United States. We note that the median annual salaries range from $35,260 to $101,190. The highest paying state for credit analysts is New York with a median annual salary of $101,190. The lowest paying state is Puerto Rico with a median annual salary of $35,260. For more salary information of credit analysts profession in a specific state, use the links in the table.

State Name Median Annual Salary
New York
$101,190
District of Columbia
$98,100
North Carolina
$78,490
Virginia
$77,880
Connecticut
$77,360
Washington
$76,400
California
$76,050
Minnesota
$75,060
New Jersey
$71,970
Massachusetts
$71,180
Texas
$70,680
Oregon
$70,120
Florida
$70,030
New Hampshire
$69,740
Colorado
$69,240
Arizona
$68,700
Maine
$67,660
Louisiana
$67,440
Nevada
$67,140
Kentucky
$64,000
Pennsylvania
$63,760
Ohio
$63,690
Maryland
$63,120
Nebraska
$63,110
Missouri
$62,610
Illinois
$62,510
Iowa
$62,320
Rhode Island
$61,600
Georgia
$61,160
Tennessee
$60,460
Idaho
$59,440
Wisconsin
$59,320
South Carolina
$59,260
Alabama
$59,020
Delaware
$58,340
Hawaii
$57,890
Mississippi
$57,770
South Dakota
$56,900
West Virginia
$56,390
North Dakota
$55,960
Kansas
$55,090
Indiana
$53,110
New Mexico
$52,710
Montana
$51,130
Arkansas
$51,060
Vermont
$50,850
Michigan
$50,810
Oklahoma
$50,680
Utah
$48,970
Puerto Rico
$35,260


Related:

Highest paying states for credit analysts

Highest paying cities for credit analysts

Highest paying industries for credit analysts.