The annual salary statistics of credit analysts in Norwich-New London, Rhode Island is shown in Table 1. The wage statistics of credit analysts in Norwich-New London 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 | $42,110 |
| 25th Percentile Wage | $46,920 |
| 50th Percentile Wage | $63,490 |
| 75th Percentile Wage | $80,260 |
| 90th Percentile Wage | $98,820 |
Table 1 shows the average annual salary for credit analysts in Norwich-New London, Rhode Island in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $98,820. The median (50th percentile) annual salary is $63,490. The average annual salary for the bottom 10 percent earners is $42,110.
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 | $63,490 | -14.79% | 20.08% |
| 2021 | $72,880 | 18.08% | - |
| 2019 | $59,700 | -20.69% | - |
| 2018 | $72,050 | 15.43% | - |
| 2017 | $60,930 | 2.94% | - |
| 2016 | $59,140 | 5.87% | - |
| 2015 | $55,670 | 3.63% | - |
| 2014 | $53,650 | 0.24% | - |
| 2013 | $53,520 | 5.19% | - |
| 2012 | $50,740 | - | - |
From Table 3 we note that with a median annual salary of $63,490, Norwich-New London is the second highest paying city for credit analysts in state of Rhode Island, following the highest paying city Providence-Fall River-Warwick (median annual salary of $82,110). Compared with Providence-Fall River-Warwick, the median annual salary of credit analysts in Norwich-New London is 22.7 percent (22.7%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Providence-Fall River-Warwick | |
| Norwich-New London |