The annual salary statistics of credit analysts in Elkhart-Goshen, Indiana is shown in Table 1. The wage statistics of credit analysts in Elkhart-Goshen 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 | $37,930 |
| 25th Percentile Wage | $48,060 |
| 50th Percentile Wage | $63,020 |
| 75th Percentile Wage | $63,870 |
| 90th Percentile Wage | $80,270 |
Table 1 shows the average annual salary for credit analysts in Elkhart-Goshen, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $80,270. The median (50th percentile) annual salary is $63,020. The average annual salary for the bottom 10 percent earners is $37,930.
The table and chart below show the trend of the median salary of credit analysts from 2012 to 2021.
| Year | Median Salary | Yearly Growth | 9-Year Growth |
|---|---|---|---|
| 2021 | $63,020 | 22.20% | 15.31% |
| 2020 | $49,030 | 1.94% | - |
| 2019 | $48,080 | -11.00% | - |
| 2013 | $53,370 | 0.00% | - |
| 2012 | $53,370 | - | - |
From Table 3 we note that with a median annual salary of $63,020, Elkhart-Goshen is the second highest paying city for credit analysts in state of Indiana, following the highest paying city Indianapolis-Carmel (median annual salary of $65,610). Compared with Indianapolis-Carmel, the median annual salary of credit analysts in Elkhart-Goshen is 3.9 percent (3.9%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Indianapolis-Carmel | |
| Elkhart-Goshen | |
| Central Indiana nonmetropolitan area | |
| Southern Indiana nonmetropolitan area | |
| Northern Indiana nonmetropolitan area | |
| Gary | |
| Muncie | |
| Fort Wayne |