The annual salary statistics of credit analysts in Birmingham-Hoover, Alabama is shown in Table 1. The wage statistics of credit analysts in Birmingham-Hoover is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $45,100 |
| 25th Percentile Wage | $56,320 |
| 50th Percentile Wage | $69,430 |
| 75th Percentile Wage | $92,640 |
| 90th Percentile Wage | $128,560 |
Table 1 shows the average annual salary for credit analysts in Birmingham-Hoover, Alabama in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $128,560. The median (50th percentile) annual salary is $69,430. The average annual salary for the bottom 10 percent earners is $45,100.
The table and chart below show the trend of the median salary of credit analysts from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $69,430 | -10.67% | 17.41% |
| 2021 | $76,840 | -8.49% | - |
| 2020 | $83,360 | 2.65% | - |
| 2019 | $81,150 | 6.38% | - |
| 2018 | $75,970 | 5.83% | - |
| 2017 | $71,540 | 9.27% | - |
| 2016 | $64,910 | 3.39% | - |
| 2015 | $62,710 | 11.27% | - |
| 2014 | $55,640 | -2.89% | - |
| 2013 | $57,250 | -0.16% | - |
| 2012 | $57,340 | - | - |
From Table 3 we note that the median annual salary of $69,430 in Birmingham-Hoover is in the middle of salary range for credit analysts in state of Alabama. In comparison, the annual salary of credit analysts in Birmingham-Hoover is 8.7 percent (8.7%) lower than that in the highest paying Huntsville and 46.3 percent (46.3%) higher than that in the lowest paying Southwest Alabama nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Huntsville | |
| Mobile | |
| Montgomery | |
| Birmingham-Hoover | |
| Northwest Alabama nonmetropolitan area | |
| Tuscaloosa | |
| Northeast Alabama nonmetropolitan area | |
| Southwest Alabama nonmetropolitan area |