The annual salary statistics of credit analysts in Albany-Schenectady-Troy, New York is shown in Table 1. The wage information of credit analysts in Albany-Schenectady-Troy 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 | $53,800 |
| 25th Percentile Wage | $65,090 |
| 50th Percentile Wage | $89,190 |
| 75th Percentile Wage | $134,740 |
| 90th Percentile Wage | $188,180 |
Table 1 shows the average annual salary for credit analysts in Albany-Schenectady-Troy, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $188,180. The median (50th percentile) annual salary is $89,190. The average annual salary for the bottom 10 percent earners is $53,800.
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 | $89,190 | 14.54% | 12.80% |
| 2021 | $76,220 | 5.77% | - |
| 2020 | $71,820 | 1.35% | - |
| 2019 | $70,850 | 1.43% | - |
| 2018 | $69,840 | 1.37% | - |
| 2017 | $68,880 | -0.17% | - |
| 2016 | $69,000 | 1.33% | - |
| 2015 | $68,080 | -9.27% | - |
| 2014 | $74,390 | -2.41% | - |
| 2013 | $76,180 | -2.09% | - |
| 2012 | $77,770 | - | - |
From Table 3 we note that the median annual salary of $89,190 in Albany-Schenectady-Troy is in the middle of salary range for credit analysts in state of New York. In comparison, the annual salary of credit analysts in Albany-Schenectady-Troy is 30.7 percent (30.7%) lower than that in the highest paying New York-Northern New Jersey-Long Island and 47.5 percent (47.5%) higher than that in the lowest paying Capital-Northern New York nonmetropolitan area.