Credit Analyst Salary in the United States
Based on 67K+ data points from BLS and H-1B filings
Median Annual Salary
$78,827
$37.898/hr
▲ 4.5% vs 2023Salary Range
$76K – $232K
10th – 90th percentile
Total Employed
67K
workers nationwide
The median credit analyst salary in the United States is $78,827 per year, reflecting compensation for professionals who evaluate creditworthiness and manage financial risk for lending institutions. With approximately 67,370 workers employed in this role nationwide, credit analysts represent a significant portion of the financial services workforce. Salaries in this field vary considerably based on experience, employer type, and geographic location.
Several factors influence credit analyst salary in the United States, including years of professional experience, educational credentials, and industry specialization. Employers range from large banks and credit card companies to smaller lending firms, each offering different compensation packages. Geographic location, regulatory environment, and individual performance metrics also play important roles in determining earning potential, with salaries spanning from $75,940 to $231,560 depending on these variables.
Salary Distribution — Credit Analyst
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $75,940 |
| 25th percentile | $96,070 |
| Median (50th percentile) | $78,827 |
| 75th percentile | $181,160 |
| 90th percentile | $231,560 |
Credit Analyst Salary by State
Top 10 Highest-Paying States for Credit Analyst
| # | State | Median Salary | vs National | Employed |
|---|---|---|---|---|
| 1 | New York | $132,690 | +68.3% | 8K |
| 2 | District of Columbia | $103,530 | +31.3% | 60 |
| 3 | Alabama | $101,050 | +28.2% | 310 |
| 4 | New Jersey | $100,210 | +27.1% | 2K |
| 5 | Delaware | $99,030 | +25.6% | 630 |
| 6 | Virginia | $97,590 | +23.8% | 2K |
| 7 | Colorado | $95,670 | +21.4% | 950 |
| 8 | Massachusetts | $88,490 | +12.3% | 2K |
| 9 | California | $88,360 | +12.1% | 6K |
| 10 | North Carolina | $88,230 | +11.9% | 3K |
Historical Salary Trend — Credit Analyst
| Year | Median Salary (United States) |
|---|---|
| 2022 | $73,733 |
| 2023 | $75,422 |
| 2024 | $78,827 |
Credit Analyst Salary by Experience Level
Frequently Asked Questions
How much do credit analysts make per hour in the United States?
- Credit analysts earn a median of $38 per hour in the United States, which translates to an annual salary of $78,827. However, hourly rates can vary significantly depending on experience, location, and employer, with some positions paying considerably more.
What city pays credit analysts the most?
- New York is the top paying city for credit analysts, offering a median salary of $132,690 per year. This is substantially higher than the national median of $78,827, reflecting the higher cost of living and concentration of financial institutions in the area.
What is the salary range for credit analysts?
- Credit analyst salaries in the United States range from $75,940 to $231,560 per year, depending on factors such as experience level, qualifications, and employer type. The median salary falls at $78,827, indicating most positions cluster toward the lower end of this range.
How many credit analysts are employed in the US?
- There are approximately 67,370 credit analysts employed throughout the United States, making it a moderately sized profession within the financial services industry.