The annual salary statistics of credit analysts in Kalamazoo-Portage, Michigan is shown in Table 1. The wage data of credit analysts in Kalamazoo-Portage 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 | $39,180 |
| 25th Percentile Wage | $48,930 |
| 50th Percentile Wage | $55,740 |
| 75th Percentile Wage | $63,960 |
| 90th Percentile Wage | $77,350 |
Table 1 shows the average annual salary for credit analysts in Kalamazoo-Portage, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $77,350. The median (50th percentile) annual salary is $55,740. The average annual salary for the bottom 10 percent earners is $39,180.
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 | $55,740 | -13.56% | 4.05% |
| 2020 | $63,300 | 11.11% | - |
| 2017 | $56,270 | 4.96% | - |
| 2016 | $53,480 | -6.10% | - |
| 2015 | $56,740 | 5.75% | - |
| 2012 | $53,480 | - | - |
From Table 3 we note that the median annual salary of $55,740 in Kalamazoo-Portage is in the middle of salary range for credit analysts in state of Michigan. In comparison, the annual salary of credit analysts in Kalamazoo-Portage is 27.9 percent (27.9%) lower than that in the highest paying Detroit-Warren-Livonia and 33.1 percent (33.1%) higher than that in the lowest paying Holland-Grand Haven.