The annual salary statistics of credit analysts in Buffalo-Niagara Falls, New York is shown in Table 1. The wage data of credit analysts in Buffalo-Niagara Falls 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 | $61,280 |
| 25th Percentile Wage | $76,110 |
| 50th Percentile Wage | $86,470 |
| 75th Percentile Wage | $99,330 |
| 90th Percentile Wage | $128,650 |
Table 1 shows the average annual salary for credit analysts in Buffalo-Niagara Falls, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $128,650. The median (50th percentile) annual salary is $86,470. The average annual salary for the bottom 10 percent earners is $61,280.
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 | $86,470 | 5.98% | 23.64% |
| 2021 | $81,300 | 4.88% | - |
| 2020 | $77,330 | 0.62% | - |
| 2019 | $76,850 | 5.54% | - |
| 2018 | $72,590 | -0.90% | - |
| 2017 | $73,240 | 7.11% | - |
| 2016 | $68,030 | 7.35% | - |
| 2014 | $63,030 | -6.82% | - |
| 2013 | $67,330 | 1.93% | - |
| 2012 | $66,030 | - | - |
From Table 3 we note that the median annual salary of $86,470 in Buffalo-Niagara Falls is in the middle of salary range for credit analysts in state of New York. In comparison, the annual salary of credit analysts in Buffalo-Niagara Falls is 32.8 percent (32.8%) lower than that in the highest paying New York-Northern New Jersey-Long Island and 45.9 percent (45.9%) higher than that in the lowest paying Capital-Northern New York nonmetropolitan area.