The annual salary statistics of credit analysts in South Bend-Mishawaka, Michigan is shown in Table 1. The wage statistics of credit analysts in South Bend-Mishawaka 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 | $48,370 |
| 25th Percentile Wage | $48,940 |
| 50th Percentile Wage | $62,020 |
| 75th Percentile Wage | $79,560 |
| 90th Percentile Wage | $101,330 |
Table 1 shows the average annual salary for credit analysts in South Bend-Mishawaka, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $101,330. The median (50th percentile) annual salary is $62,020. The average annual salary for the bottom 10 percent earners is $48,370.
The table and chart below show the trend of the median salary of credit analysts from 2012 to 2021.
| Year | Median Salary | Yearly Growth | 9-Year Growth |
|---|---|---|---|
| 2021 | $62,020 | -15.90% | 17.46% |
| 2020 | $71,880 | 27.80% | - |
| 2015 | $51,900 | 0.19% | - |
| 2014 | $51,800 | 1.37% | - |
| 2013 | $51,090 | -0.20% | - |
| 2012 | $51,190 | - | - |
From Table 3 we note that the median annual salary of $62,020 in South Bend-Mishawaka is in the middle of salary range for credit analysts in state of Michigan. In comparison, the annual salary of credit analysts in South Bend-Mishawaka is 19.7 percent (19.7%) lower than that in the highest paying Detroit-Warren-Livonia and 39.9 percent (39.9%) higher than that in the lowest paying Holland-Grand Haven.