The annual salary statistics of credit analysts in Lansing-East Lansing, Michigan is shown in Table 1. The wage data of credit analysts in Lansing-East Lansing 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 | $46,370 |
| 25th Percentile Wage | $54,220 |
| 50th Percentile Wage | $61,580 |
| 75th Percentile Wage | $78,960 |
| 90th Percentile Wage | $93,990 |
Table 1 shows the average annual salary for credit analysts in Lansing-East Lansing, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $93,990. The median (50th percentile) annual salary is $61,580. The average annual salary for the bottom 10 percent earners is $46,370.
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 | $61,580 | -0.73% | 27.15% |
| 2021 | $62,030 | 21.23% | - |
| 2019 | $48,860 | -0.94% | - |
| 2018 | $49,320 | 0.79% | - |
| 2017 | $48,930 | -14.33% | - |
| 2014 | $55,940 | 4.00% | - |
| 2013 | $53,700 | 16.46% | - |
| 2012 | $44,860 | - | - |
From Table 3 we note that the median annual salary of $61,580 in Lansing-East Lansing is in the middle of salary range for credit analysts in state of Michigan. In comparison, the annual salary of credit analysts in Lansing-East Lansing is 20.3 percent (20.3%) lower than that in the highest paying Detroit-Warren-Livonia and 39.4 percent (39.4%) higher than that in the lowest paying Holland-Grand Haven.