Average Credit Analysts Salary in the United States
The national median salary for Credit Analysts is $80,970 per year. The middle 50% earn between $63,850 and $113,850, with 67,370 workers employed nationally.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics survey, May 2024 estimates . Data covers 51 states and 168 metro areas.
Wage range
Pay distribution
Here is how Credit Analysts pay is distributed across workers nationally. The 10th percentile typically reflects entry-level or early-career pay, the median is the midpoint, and the 90th percentile represents the top earners in the field.
- 10th
- $52,930
- 25th
- $63,850
- Median
- $80,970
- 75th
- $113,850
- 90th
- $168,840
All values are percentiles of annual wages.
Pay is well above the national median for all US workers. This is an upper-income occupation.
The pay band is unusually wide for this occupation. Experience, employer, and specialization can double or even triple an early-career salary, so what credit analysts earn depends heavily on where they are in their career and who they work for.
BLS projections
Job outlook
BLS projects employment for credit analysts from 2024 to 2034. This occupation is projected to shrink. Workers may face more competition for fewer openings, and the role may see automation or consolidation pressure.
- Projected growth
- -4.4%
- -3,000 net jobs over the projection period.
- Annual openings
- 3,700
- Includes growth plus replacements for workers who leave.
- Typical entry education
- Bachelor's degree
A bachelor's degree is the typical entry requirement for credit analysts.
Where Credit Analysts earn the most
Location matters a lot. The gap between top-paying and bottom-paying states is large, so where credit analysts work can reshape their total compensation. Right now, the top-paying state is New York at $132,690, about 63.9% above the national median. At the metro level, New York-Newark-Jersey City, NY-NJ leads with a median of $133,180.
By state
Top-paying states
| State | Median salary | Employment |
|---|---|---|
| New York | $132,690 | 7,900 |
| District of Columbia | $103,530 | 60 |
| Alabama | $101,050 | 310 |
| New Jersey | $100,210 | 1,810 |
| Delaware | $99,030 | 630 |
| Virginia | $97,590 | 2,060 |
| Colorado | $95,670 | 950 |
| Massachusetts | $88,490 | 1,740 |
By metro
Top-paying metros
| Metro area | Median salary | Employment |
|---|---|---|
| New York-Newark-Jersey City, NY-NJ | $133,180 | 7,820 |
| San Francisco-Oakland-Fremont, CA | $127,470 | 1,090 |
| Winston-Salem, NC | $124,520 | 100 |
| Birmingham, AL | $105,510 | 190 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $105,010 | 1,060 |
| Bridgeport-Stamford-Danbury, CT | $101,880 | 180 |
| Denver-Aurora-Centennial, CO | $100,670 | 700 |
| Richmond, VA | $100,460 | 550 |
Compare two locations side by side
Pick two states or metros to see credit analysts pay in each, along with a cost-of-living adjusted view.
Salary trend and related occupations
Between 2019 and 2024, the national median salary for Credit Analysts rose from $73,650 to $80,970, a gain of +9.9% in nominal dollars.
Over the same period, US consumer prices rose by +22.7%. Just to keep pace with inflation, the 2019 median of $73,650 would need to be worth $90,368 in 2024 dollars.
The actual 2024 median of $80,970 is −$9,398 below that inflation-adjusted benchmark, a real change of -10.4% in purchasing power.
Adjusted for inflation, pay has lost ground. Nominal growth of 9.9% has not kept up with rising prices.
- Nominal change
- +9.9%
- 2019–2024
- Cumulative inflation
- +22.7%
- US CPI, 2019–2024
- Real change
- -10.4%
- After adjusting for inflation
Annual history
Median salary over time
Credit Analysts median pay by year, going back through the available BLS releases.
- 2019
- $73,650
- 2020
- $74,970
- 2021
- $77,440
- 2022
- $78,850
- 2023
- $79,420
- 2024
- $80,970
Similar jobs
Related occupations
Other occupations in the same field, with median pay for comparison.
- Accountants And Auditors
- $81,680
- Financial Specialists, All Other
- $80,190
- Insurance Underwriters
- $79,880
- Loan Officers
- $74,180
- Budget Analysts
- $87,930
- Financial Examiners
- $90,400
- Financial And Investment Analysts
- $101,350
Common salary questions for Credit Analysts
What does the median salary mean? +
The median is the midpoint of all wages. Half of Credit Analysts workers earn more and half earn less. It is a better measure of typical pay than the average, which can be skewed by very high or very low earners.
Why does pay vary so much by location? +
Local labor markets, cost of living, industry concentration, and employer competition all affect wages. High-cost metros like San Francisco and New York often pay more in nominal terms, though some of that premium is offset by higher living costs.
How current is this salary data? +
This page uses the May 2024 BLS Occupational Employment and Wage Statistics release. BLS publishes OEWS data once per year, typically in the spring for the previous May reference period.
What do the percentile ranges tell me? +
The 10th and 90th percentiles show the full pay band. The 25th to 75th percentile range, the middle 50%, is where most workers fall. A wide spread usually means experience, specialization, or location matter a lot for this occupation.