The annual salary statistics of credit analysts in Southwestern Virginia nonmetropolitan area, Virginia is shown in Table 1. The wage data of credit analysts in Southwestern Virginia nonmetropolitan area 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 | $27,530 |
| 25th Percentile Wage | $30,210 |
| 50th Percentile Wage | $36,870 |
| 75th Percentile Wage | $50,260 |
| 90th Percentile Wage | $77,020 |
Table 1 shows the average annual salary for credit analysts in Southwestern Virginia nonmetropolitan area, Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $77,020. The median (50th percentile) annual salary is $36,870. The average annual salary for the bottom 10 percent earners is $27,530.
The table and chart below show the trend of the median salary of credit analysts from 2012 to 2020.
| Year | Median Salary | Yearly Growth | 8-Year Growth |
|---|---|---|---|
| 2020 | $36,870 | 7.24% | -50.18% |
| 2018 | $34,200 | -61.90% | - |
| 2015 | $55,370 | 13.49% | - |
| 2014 | $47,900 | -25.39% | - |
| 2013 | $60,060 | 7.81% | - |
| 2012 | $55,370 | - | - |
From Table 3 we note that with a median annual salary of $36,870, Southwestern Virginia nonmetropolitan area is the lowest paying city for credit analysts in state of Virginia, following city of Richmond (median annual salary of $99,340). Also we note that in comparison, the annual salary of credit analysts in Southwestern Virginia nonmetropolitan area is about 62.9 percent (62.9%) lower than that of the highest paying city Richmond.
| Cities/Areas | Median Annual Salary |
|---|---|
| Richmond | |
| Kingsport-Bristol-Bristol | |
| Virginia Beach-Norfolk-Newport News | |
| Roanoke | |
| Northwestern Virginia nonmetropolitan area | |
| Southwestern Virginia nonmetropolitan area |