The annual salary statistics of credit analysts in Mankato-North Mankato, Minnesota is shown in Table 1. The wage data of credit analysts in Mankato-North Mankato 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 | $51,900 |
| 25th Percentile Wage | $51,910 |
| 50th Percentile Wage | $66,100 |
| 75th Percentile Wage | $78,410 |
| 90th Percentile Wage | $99,230 |
Table 1 shows the average annual salary for credit analysts in Mankato-North Mankato, Minnesota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $99,230. The median (50th percentile) annual salary is $66,100. The average annual salary for the bottom 10 percent earners is $51,900.
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 | $66,100 | 8.40% | 17.73% |
| 2021 | $60,550 | -0.63% | - |
| 2020 | $60,930 | -3.13% | - |
| 2019 | $62,840 | -4.49% | - |
| 2018 | $65,660 | -9.67% | - |
| 2017 | $72,010 | 15.90% | - |
| 2016 | $60,560 | -18.59% | - |
| 2015 | $71,820 | 10.72% | - |
| 2014 | $64,120 | 2.67% | - |
| 2013 | $62,410 | 12.87% | - |
| 2012 | $54,380 | - | - |
From Table 3 we note that with a median annual salary of $66,100, Mankato-North Mankato is the second highest paying city for credit analysts in state of Minnesota, following the highest paying city Southwest Minnesota nonmetropolitan area (median annual salary of $72,440). Compared with Southwest Minnesota nonmetropolitan area, the median annual salary of credit analysts in Mankato-North Mankato is 8.8 percent (8.8%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Southwest Minnesota nonmetropolitan area | |
| Mankato-North Mankato | |
| Rochester | |
| St Cloud | |
| Northwest Minnesota nonmetropolitan area | |
| Southeast Minnesota nonmetropolitan area |