National » Credit Analysts » Southeast Minnesota , MN

Credit Analyst Salary in Southeast Minnesota nonmetropolitan area, Minnesota

The annual salary statistics of credit analysts in Southeast Minnesota nonmetropolitan area, Minnesota is shown in Table 1. The wage data of credit analysts in Southeast Minnesota nonmetropolitan area is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].

Table 1. Annual Salary of Credit Analysts in Southeast Minnesota nonmetropolitan area, Minnesota

Percentile Bracket	Average Annual Salary
10th Percentile Wage	$43,310
25th Percentile Wage	$45,820
50th Percentile Wage	$56,570
75th Percentile Wage	$73,350
90th Percentile Wage	$98,200

Table 1 shows the average annual salary for credit analysts in Southeast Minnesota nonmetropolitan area, Minnesota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $98,200. The median (50th percentile) annual salary is $56,570. The average annual salary for the bottom 10 percent earners is $43,310.

Median salary trend (2012 to 2022)

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	$56,570	-12.50%	20.56%
2021	$63,640	-5.08%	-
2020	$66,870	-0.46%	-
2019	$67,180	-1.12%	-
2018	$67,930	3.99%	-
2017	$65,220	11.79%	-
2016	$57,530	-3.58%	-
2015	$59,590	12.59%	-
2014	$52,090	8.20%	-
2013	$47,820	6.02%	-
2012	$44,940	-	-

Table 2. Compare Credit Analyst Salary in Southeast Minnesota nonmetropolitan area with Other Minnesota Cities

From Table 3 we note that with a median annual salary of $56,570, Southeast Minnesota nonmetropolitan area is the lowest paying city for credit analysts in state of Minnesota, following city of Southwest Minnesota nonmetropolitan area (median annual salary of $72,440). In comparison, the median annual salary of credit analysts in Southeast Minnesota nonmetropolitan area is 21.9 percent (21.9%) lower than that in the highest paying city Southwest Minnesota nonmetropolitan area.

Cities/Areas	Median Annual Salary
Southwest Minnesota nonmetropolitan area	$72,440
Mankato-North Mankato	$66,100
Rochester	$61,240
St Cloud	$60,230
Northwest Minnesota nonmetropolitan area	$58,910
Southeast Minnesota nonmetropolitan area	$56,570