The annual salary statistics of credit analysts in Indianapolis-Carmel, Indiana is shown in Table 1. The wage information of credit analysts in Indianapolis-Carmel 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 | $44,020 |
| 25th Percentile Wage | $51,010 |
| 50th Percentile Wage | $65,610 |
| 75th Percentile Wage | $79,770 |
| 90th Percentile Wage | $106,550 |
Table 1 shows the average annual salary for credit analysts in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $106,550. The median (50th percentile) annual salary is $65,610. The average annual salary for the bottom 10 percent earners is $44,020.
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 | $65,610 | 1.43% | 18.91% |
| 2021 | $64,670 | 1.36% | - |
| 2020 | $63,790 | 6.21% | - |
| 2019 | $59,830 | 0.32% | - |
| 2018 | $59,640 | 10.21% | - |
| 2017 | $53,550 | -3.90% | - |
| 2016 | $55,640 | -8.63% | - |
| 2015 | $60,440 | 3.01% | - |
| 2014 | $58,620 | 6.02% | - |
| 2013 | $55,090 | 3.43% | - |
| 2012 | $53,200 | - | - |
From Table 3 we note that with a median annual salary of $65,610, Indianapolis-Carmel is the highest paying city for credit analysts in state of Indiana, followed by Elkhart-Goshen (median annual salary $63,020). In comparison, the median annual salary of credit analysts in Indianapolis-Carmel is 3.9 percent (3.9%) higher than that in Elkhart-Goshen.
| 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 |