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 2017 and published in April 2018 [1].

Table 1. Credit Analyst Salary in the United States

Percentile BracketAverage Annual Salary
10th Percentile Wage
$42,010
25th Percentile Wage
$53,590
50th Percentile Wage
$71,290
75th Percentile Wage
$99,040
90th Percentile Wage
$140,880

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 $140,880. The median annual salary (50th percentile) is $71,290. The average annual salary for the bottom 10 percent is $42,010. Note that in the United States, the annual salary of the 90th percentile (the top 10 percent of the highest paid) is almost 235% higher than that of the bottom 10 percent.

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
$71,290
1.91% 14.32%
2016
$69,930
0.36% -
2015
$69,680
3.82% -
2014
$67,020
4.46% -
2013
$64,030
4.61% -
2012
$61,080
- -

Table 2. Credit Analyst Salary by Industry Sector

The average salaries of credit analysts in 18 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 health care and social assistance sector with an annual salary $79,660. The lowest paying sector is the arts, entertainment, and recreation sector (annual salary $52,050).

Industry Sector Median Annual Salary
Health Care and Social Assistance
$79,660
Construction
$78,830
Retail Trade
$77,890
Utilities
$75,240
Finance and Insurance
$72,910
Management of Companies and Enterprises
$72,460
Transportation and Warehousing
$71,410
Information
$70,480
Other Services (except Federal, State, and Local Government)
$68,070
Professional, Scientific, and Technical Services
$67,120
Administrative and Support and Waste Management and Remediation Services
$66,830
Educational Services
$63,290
Federal, State, and Local Government
$62,830
Wholesale Trade
$60,800
Real Estate and Rental and Leasing
$59,960
Accommodation and Food Services
$59,370
Manufacturing
$59,070
Arts, Entertainment, and Recreation
$52,050

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 $39,430 to $105,960. The highest paying state for credit analysts is New York with a median annual salary of $105,960. The lowest paying state is Puerto Rico with a median annual salary of $39,430. 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
$105,960
District of Columbia
$99,410
Virginia
$81,540
California
$77,540
New Jersey
$76,450
Connecticut
$75,750
New Hampshire
$75,080
Minnesota
$74,850
North Carolina
$74,640
Washington
$74,490
Massachusetts
$73,200
Colorado
$73,100
Texas
$72,740
Pennsylvania
$72,690
Kentucky
$71,820
Florida
$70,840
Oregon
$68,580
Ohio
$67,370
Maine
$66,740
Alabama
$65,140
Illinois
$64,800
Maryland
$63,670
Iowa
$63,500
North Dakota
$63,140
Wisconsin
$63,050
Missouri
$62,890
Nevada
$62,540
Hawaii
$61,900
Mississippi
$61,850
Georgia
$61,780
Tennessee
$61,750
Rhode Island
$61,690
South Carolina
$60,630
Nebraska
$60,540
Louisiana
$60,310
Delaware
$59,930
Kansas
$58,300
West Virginia
$57,210
South Dakota
$56,950
Vermont
$56,820
Montana
$56,810
Arizona
$55,330
Idaho
$54,950
New Mexico
$54,650
Michigan
$54,570
Utah
$52,810
Arkansas
$52,320
Indiana
$51,690
Guam
$49,360
Oklahoma
$48,370
Wyoming
$46,570
Puerto Rico
$39,430



Related:

💰 Highest paying states for credit analysts

💰 Highest paying cities for credit analysts

💰 Highest paying industries for credit analysts.