The annual salary statistics of credit analysts in Newark-Union, Pennsylvania is shown in Table 1. The wage statistics of credit analysts in Newark-Union 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 | $54,960 |
| 25th Percentile Wage | $66,970 |
| 50th Percentile Wage | $83,960 |
| 75th Percentile Wage | $109,910 |
| 90th Percentile Wage | $126,760 |
Table 1 shows the average annual salary for credit analysts in Newark-Union, Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $126,760. The median (50th percentile) annual salary is $83,960. The average annual salary for the bottom 10 percent earners is $54,960.
The table and chart below show the trend of the median salary of credit analysts from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $83,960 | 9.53% | 17.95% |
| 2016 | $75,960 | 2.54% | - |
| 2015 | $74,030 | 8.37% | - |
| 2014 | $67,830 | -4.64% | - |
| 2013 | $70,980 | 2.94% | - |
| 2012 | $68,890 | - | - |
From Table 3 we note that with a median annual salary of $83,960, Newark-Union is the highest paying city for credit analysts in state of Pennsylvania, followed by Philadelphia (median annual salary $82,160). In comparison, the median annual salary of credit analysts in Newark-Union is 2.1 percent (2.1%) higher than that in Philadelphia.