The annual salary statistics of credit analysts in Cleveland-Elyria-Mentor, Ohio is shown in Table 1. The wage data of credit analysts in Cleveland-Elyria-Mentor 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 | $46,290 |
| 25th Percentile Wage | $61,700 |
| 50th Percentile Wage | $78,700 |
| 75th Percentile Wage | $96,640 |
| 90th Percentile Wage | $119,500 |
Table 1 shows the average annual salary for credit analysts in Cleveland-Elyria-Mentor, Ohio in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $119,500. The median (50th percentile) annual salary is $78,700. The average annual salary for the bottom 10 percent earners is $46,290.
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 | $78,700 | -1.49% | 24.02% |
| 2021 | $79,870 | -2.45% | - |
| 2020 | $81,830 | -1.81% | - |
| 2019 | $83,310 | 0.65% | - |
| 2018 | $82,770 | 6.46% | - |
| 2017 | $77,420 | 8.23% | - |
| 2016 | $71,050 | 0.41% | - |
| 2015 | $70,760 | 4.15% | - |
| 2014 | $67,820 | 10.54% | - |
| 2013 | $60,670 | 1.43% | - |
| 2012 | $59,800 | - | - |
From Table 3 we note that with a median annual salary of $78,700, Cleveland-Elyria-Mentor is the second highest paying city for credit analysts in state of Ohio, following the highest paying city Columbus (median annual salary of $81,980). Compared with Columbus, the median annual salary of credit analysts in Cleveland-Elyria-Mentor is 4.0 percent (4.0%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Columbus | |
| Cleveland-Elyria-Mentor | |
| Cincinnati-Middletown | |
| Akron | |
| Canton-Massillon | |
| Dayton | |
| Southern Ohio nonmetropolitan area | |
| Other Ohio nonmetropolitan area | |
| West Northwestern Ohio nonmetropolitan area | |
| Toledo |