The annual salary statistics of credit analysts in Detroit-Livonia-Dearborn, Michigan is shown in Table 1. The wage statistics of credit analysts in Detroit-Livonia-Dearborn 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 | $50,630 |
| 25th Percentile Wage | $59,420 |
| 50th Percentile Wage | $72,370 |
| 75th Percentile Wage | $89,430 |
| 90th Percentile Wage | $111,290 |
Table 1 shows the average annual salary for credit analysts in Detroit-Livonia-Dearborn, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $111,290. The median (50th percentile) annual salary is $72,370. The average annual salary for the bottom 10 percent earners is $50,630.
The table and chart below show the trend of the median salary of credit analysts from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $72,370 | -3.91% | 40.49% |
| 2016 | $75,200 | 9.39% | - |
| 2015 | $68,140 | 4.23% | - |
| 2014 | $65,260 | 29.30% | - |
| 2013 | $46,140 | 6.65% | - |
| 2012 | $43,070 | - | - |
From Table 3 we note that with a median annual salary of $72,370, Detroit-Livonia-Dearborn is the second highest paying city for credit analysts in state of Michigan, following the highest paying city Detroit-Warren-Livonia (median annual salary of $77,280). Compared with Detroit-Warren-Livonia, the median annual salary of credit analysts in Detroit-Livonia-Dearborn is 6.4 percent (6.4%) lower.