The annual salary statistics of credit analysts in McAllen-Edinburg-Mission, Texas is shown in Table 1. The wage statistics of credit analysts in McAllen-Edinburg-Mission 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 | $38,540 |
| 25th Percentile Wage | $47,830 |
| 50th Percentile Wage | $58,280 |
| 75th Percentile Wage | $75,380 |
| 90th Percentile Wage | $82,470 |
Table 1 shows the average annual salary for credit analysts in McAllen-Edinburg-Mission, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $82,470. The median (50th percentile) annual salary is $58,280. The average annual salary for the bottom 10 percent earners is $38,540.
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 | $58,280 | -9.57% | 24.14% |
| 2021 | $63,860 | 6.40% | - |
| 2020 | $59,770 | 2.48% | - |
| 2018 | $58,290 | -0.53% | - |
| 2017 | $58,600 | 10.05% | - |
| 2015 | $52,710 | 5.71% | - |
| 2014 | $49,700 | -3.12% | - |
| 2013 | $51,250 | 13.74% | - |
| 2012 | $44,210 | - | - |
From Table 3 we note that the median annual salary of $58,280 in McAllen-Edinburg-Mission is in the middle of salary range for credit analysts in state of Texas. In comparison, the annual salary of credit analysts in McAllen-Edinburg-Mission is 28.9 percent (28.9%) lower than that in the highest paying Austin-Round Rock-San Marcos and 17.7 percent (17.7%) higher than that in the lowest paying Gulf Coast Texas nonmetropolitan area.