Credit Analyst Salary in Alabama
Based on 370+ workers in Alabama
Median Annual Salary (AL)
$79,970
$38.45/hr
vs National Average
$81,630
-2.0% vs national median
Salary Range (10th–90th)
$53K – $139K
370 employed in Alabama
Credit Analysts in Alabama earn a median salary of $101,050 per year, which is notably 28% above the national average. With approximately 310 professionals working in this field across the state, the position represents a solid career opportunity. Salaries in this role typically range from $53,160 to $167,640 annually, reflecting the significant variation based on experience and employer type.
Several factors influence credit analyst salary in Alabama, including years of experience, educational background, and the industry sector. Larger financial institutions and banks tend to offer higher compensation than smaller lenders or credit unions. Additionally, specialized certifications, advanced analytical skills, and the complexity of accounts managed all play important roles in determining where professionals fall within the salary range. Geographic location within Alabama and an individual's track record in risk assessment can also impact earning potential.
Salary Distribution — Credit Analyst in Alabama
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $52,790 |
| 25th percentile | $63,950 |
| Median (50th percentile) | $79,970 |
| 75th percentile | $110,920 |
| 90th percentile | $138,570 |
Top-Paying Industries for Credit Analyst (U.S.)
Which industries pay Credit Analysts the most — nationwide figures (industry-level data is not available by state). Credit Analysts in Alabama tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Finance and Insurance | $87,260 | 46K |
| Real Estate and Rental and Leasing | $87,020 | 460 |
| Administrative and Support Services | $83,480 | 2K |
| Utilities | $83,320 | 90 |
| Management of Companies and Enterprises | $83,190 | 8K |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Credit Analyst in Alabama vs National
| Year | Median Salary (Alabama) |
|---|---|
| 2022 | $63,510 |
| 2023 | $82,860 |
| 2024 | $101,050 |
| 2025 | $79,970 |
| 2026 (projected) | $79,970 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Alabama Median | National Median |
|---|---|---|
| 2022 | $63,510 | $73,733 |
| 2023 | $82,860 | $75,422 |
| 2024 | $101,050 | $78,827 |
| 2025 | $79,970 | $81,630 |
| 2026 (projected) | $79,970 | $81,630 |
Credit Analyst Salary by Experience Level in Alabama
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $63,950 |
| Mid-level | 3-5 yrs | $79,970 |
| Senior | 6-9 yrs | $110,920 |
| Staff / Lead | 10+ yrs | $138,570 |
Credit Analyst Salary in Other States
Related Credit Analyst Salaries in Alabama
How other high-demand occupations in Alabama compare to Credit Analyst ($79,970 median).
| Occupation | Median Salary | vs Credit Analyst | Hourly |
|---|---|---|---|
| Financial Manager in AL | $140,500 | +75.7% | $67.55/hr |
| Actuary in AL | $136,950 | +71.3% | $65.84/hr |
| Economist in AL | $129,960 | +62.5% | $62.48/hr |
| Budget Analyst in AL | $99,490 | +24.4% | $47.83/hr |
| Financial Analyst in AL | $91,290 | +14.2% | $43.89/hr |
| Tax Examiner in AL | $87,110 | +8.9% | $41.88/hr |
| Personal Financial Advisor in AL | $77,990 | -2.5% | $37.50/hr |
| Accountant in AL | $74,880 | -6.4% | $36.00/hr |
| Compliance Officer in AL | $72,990 | -8.7% | $35.09/hr |
| Loan Officer in AL | $66,710 | -16.6% | $32.07/hr |
| Insurance Sales Agent in AL | $65,510 | -18.1% | $31.50/hr |
| Securities Sales Agent in AL | $49,230 | -38.4% | $23.67/hr |
Frequently Asked Questions
How much do credit analysts make in Alabama?
- Credit analysts in Alabama earn a median salary of $101,050 per year, or approximately $49 per hour. This is significantly higher than the national average, representing a 28.2% premium for the role in this state.
What is the salary range for a credit analyst in Alabama?
- Credit analysts in Alabama can expect salaries ranging from $53,160 at the lower end to $167,640 at the upper end of the pay scale. The median falls at $101,050, indicating substantial variation based on experience and employer.
Is being a credit analyst in Alabama better paid than the national average?
- Yes, credit analysts in Alabama are paid 28.2% more than the national average, with a median salary of $101,050 compared to lower national figures. This makes Alabama a particularly attractive location for this profession.
How many credit analyst jobs are available in Alabama?
- There are approximately 310 credit analysts currently employed in Alabama. This represents the total workforce for this position in the state.