The annual salary statistics of credit analysts in Phoenix-Mesa-Glendale, Arizona is shown in Table 1. The wage statistics of credit analysts in Phoenix-Mesa-Glendale 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 | $44,360 |
| 25th Percentile Wage | $51,000 |
| 50th Percentile Wage | $63,660 |
| 75th Percentile Wage | $78,680 |
| 90th Percentile Wage | $109,940 |
Table 1 shows the average annual salary for credit analysts in Phoenix-Mesa-Glendale, Arizona in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $109,940. The median (50th percentile) annual salary is $63,660. The average annual salary for the bottom 10 percent earners is $44,360.
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 | $63,660 | 10.13% | 8.94% |
| 2021 | $57,210 | -4.86% | - |
| 2020 | $59,990 | 10.97% | - |
| 2019 | $53,410 | -4.25% | - |
| 2018 | $55,680 | 0.59% | - |
| 2017 | $55,350 | -23.36% | - |
| 2016 | $68,280 | -3.46% | - |
| 2015 | $70,640 | -12.17% | - |
| 2014 | $79,240 | 12.67% | - |
| 2013 | $69,200 | 16.23% | - |
| 2012 | $57,970 | - | - |
From Table 3 we note that with a median annual salary of $63,660, Phoenix-Mesa-Glendale is the lowest paying city for credit analysts in state of Arizona, following city of North Arizona nonmetropolitan area (median annual salary of $92,430). Also we note that in comparison, the annual salary of credit analysts in Phoenix-Mesa-Glendale is about 31.1 percent (31.1%) lower than that of the highest paying city North Arizona nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| North Arizona nonmetropolitan area | |
| Tucson | |
| Phoenix-Mesa-Glendale |