The annual salary statistics of credit analysts in West Kentucky nonmetropolitan area, Kentucky is shown in Table 1. The wage statistics of credit analysts in West Kentucky nonmetropolitan area 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 | $45,380 |
| 25th Percentile Wage | $50,550 |
| 50th Percentile Wage | $66,320 |
| 75th Percentile Wage | $99,500 |
| 90th Percentile Wage | $141,730 |
Table 1 shows the average annual salary for credit analysts in West Kentucky nonmetropolitan area, Kentucky in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $141,730. The median (50th percentile) annual salary is $66,320. The average annual salary for the bottom 10 percent earners is $45,380.
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 | $66,320 | -11.01% | 8.16% |
| 2021 | $73,620 | 31.15% | - |
| 2020 | $50,690 | -9.25% | - |
| 2019 | $55,380 | -23.35% | - |
| 2017 | $68,310 | 10.83% | - |
| 2016 | $60,910 | 4.63% | - |
| 2015 | $58,090 | -4.85% | - |
| 2012 | $60,910 | - | - |
From Table 3 we note that the median annual salary of $66,320 in West Kentucky nonmetropolitan area is in the middle of salary range for credit analysts in state of Kentucky. In comparison, the annual salary of credit analysts in West Kentucky nonmetropolitan area is 34.7 percent (34.7%) lower than that in the highest paying Elizabethtown and 2.4 percent (2.4%) higher than that in the lowest paying Evansville.
| Cities/Areas | Median Annual Salary |
|---|---|
| Elizabethtown | |
| Bowling Green | |
| East Kentucky nonmetropolitan area | |
| Lexington-Fayette | |
| Louisville-Jefferson County | |
| South Central Kentucky nonmetropolitan area | |
| West Central Kentucky nonmetropolitan area | |
| West Kentucky nonmetropolitan area | |
| Evansville |