The annual salary statistics of credit analysts in Virginia Beach-Norfolk-Newport News, Virginia is shown in Table 1. The wage data of credit analysts in Virginia Beach-Norfolk-Newport News 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 | $38,490 |
| 25th Percentile Wage | $51,180 |
| 50th Percentile Wage | $76,420 |
| 75th Percentile Wage | $107,430 |
| 90th Percentile Wage | $153,550 |
Table 1 shows the average annual salary for credit analysts in Virginia Beach-Norfolk-Newport News, Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $153,550. The median (50th percentile) annual salary is $76,420. The average annual salary for the bottom 10 percent earners is $38,490.
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 | $76,420 | -0.80% | 24.56% |
| 2021 | $77,030 | -5.88% | - |
| 2020 | $81,560 | 2.13% | - |
| 2019 | $79,820 | 7.02% | - |
| 2018 | $74,220 | 3.40% | - |
| 2017 | $71,700 | 22.11% | - |
| 2016 | $55,850 | -5.44% | - |
| 2015 | $58,890 | 3.96% | - |
| 2014 | $56,560 | 3.52% | - |
| 2013 | $54,570 | -5.64% | - |
| 2012 | $57,650 | - | - |
From Table 3 we note that the median annual salary of $76,420 in Virginia Beach-Norfolk-Newport News is in the middle of salary range for credit analysts in state of Virginia. In comparison, the annual salary of credit analysts in Virginia Beach-Norfolk-Newport News is 23.1 percent (23.1%) lower than that in the highest paying Richmond and 51.8 percent (51.8%) higher than that in the lowest paying Southwestern Virginia nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Richmond | |
| Kingsport-Bristol-Bristol | |
| Virginia Beach-Norfolk-Newport News | |
| Roanoke | |
| Northwestern Virginia nonmetropolitan area | |
| Southwestern Virginia nonmetropolitan area |