The annual salary statistics of credit analysts in Champaign-Urbana, Illinois is shown in Table 1. The wage data of credit analysts in Champaign-Urbana 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 | $47,720 |
| 25th Percentile Wage | $57,400 |
| 50th Percentile Wage | $74,000 |
| 75th Percentile Wage | $96,440 |
| 90th Percentile Wage | $97,780 |
Table 1 shows the average annual salary for credit analysts in Champaign-Urbana, Illinois in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $97,780. The median (50th percentile) annual salary is $74,000. The average annual salary for the bottom 10 percent earners is $47,720.
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 | $74,000 | 32.96% | 8.65% |
| 2021 | $49,610 | -20.76% | - |
| 2020 | $59,910 | -12.84% | - |
| 2016 | $67,600 | 6.55% | - |
| 2015 | $63,170 | 6.21% | - |
| 2013 | $59,250 | -14.09% | - |
| 2012 | $67,600 | - | - |
From Table 3 we note that the median annual salary of $74,000 in Champaign-Urbana is in the middle of salary range for credit analysts in state of Illinois. In comparison, the annual salary of credit analysts in Champaign-Urbana is 8.7 percent (8.7%) lower than that in the highest paying Chicago-Joliet-Naperville (IL-IN-WI Area) and 30.8 percent (30.8%) higher than that in the lowest paying Bloomington-Normal.