Credit Analyst Salary in Indiana
Based on 860+ workers in Indiana
Median Annual Salary (IN)
$62,660
$30.13/hr
vs National Average
$81,630
-23.2% vs national median
Salary Range (10th–90th)
$48K – $102K
860 employed in Indiana
The median credit analyst salary in Indiana is $62,660 per year, which is approximately 23% below the national average. Currently, around 860 credit analysts work throughout the state. While Indiana's median falls below the national benchmark, the field still offers competitive compensation for professionals managing credit risk and financial analysis across the state's banking and lending sectors.
Several factors influence credit analyst salary in Indiana, including years of experience, industry sector, employer size, and specific certifications held. Professionals working in larger financial institutions or specialized lending environments typically earn toward the higher end of the range, which spans from $47,850 to $101,560 annually. Educational background and demonstrated expertise in credit evaluation also play significant roles in determining individual compensation levels within the state.
Salary Distribution — Credit Analyst in Indiana
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $47,850 |
| 25th percentile | $55,420 |
| Median (50th percentile) | $62,660 |
| 75th percentile | $78,160 |
| 90th percentile | $101,560 |
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 Indiana 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 Indiana vs National
| Year | Median Salary (Indiana) |
|---|---|
| 2022 | $61,120 |
| 2023 | $64,490 |
| 2024 | $64,230 |
| 2025 | $62,660 |
| 2026 (projected) | $62,660 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Indiana Median | National Median |
|---|---|---|
| 2022 | $61,120 | $73,733 |
| 2023 | $64,490 | $75,422 |
| 2024 | $64,230 | $78,827 |
| 2025 | $62,660 | $81,630 |
| 2026 (projected) | $62,660 | $81,630 |
Credit Analyst Salary by Experience Level in Indiana
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $55,420 |
| Mid-level | 3-5 yrs | $62,660 |
| Senior | 6-9 yrs | $78,160 |
| Staff / Lead | 10+ yrs | $101,560 |
Credit Analyst Salary in Other States
Related Credit Analyst Salaries in Indiana
How other high-demand occupations in Indiana compare to Credit Analyst ($62,660 median).
| Occupation | Median Salary | vs Credit Analyst | Hourly |
|---|---|---|---|
| Financial Manager in IN | $135,840 | +116.8% | $65.31/hr |
| Actuary in IN | $100,690 | +60.7% | $48.41/hr |
| Tax Examiner in IN | $92,410 | +47.5% | $44.43/hr |
| Personal Financial Advisor in IN | $87,710 | +40.0% | $42.17/hr |
| Budget Analyst in IN | $82,080 | +31.0% | $39.46/hr |
| Financial Analyst in IN | $81,760 | +30.5% | $39.31/hr |
| Financial Examiner in IN | $81,300 | +29.7% | $39.09/hr |
| Economist in IN | $80,750 | +28.9% | $38.82/hr |
| Compliance Officer in IN | $78,770 | +25.7% | $37.87/hr |
| Accountant in IN | $77,720 | +24.0% | $37.37/hr |
| Loan Officer in IN | $72,960 | +16.4% | $35.08/hr |
| Securities Sales Agent in IN | $68,290 | +9.0% | $32.83/hr |
Frequently Asked Questions
How much do credit analysts make in Indiana?
- Credit analysts in Indiana earn a median salary of $62,660 per year, or $30 per hour. This is 23.2% lower than the national average for this position. Salaries in Indiana for this role typically range from $47,850 to $101,560 depending on experience and employer.
What is the salary range for a credit analyst job in Indiana?
- The salary range for credit analysts in Indiana spans from $47,850 at the lower end to $101,560 at the upper end. The median falls at $62,660 annually, positioning most credit analysts in Indiana within a fairly broad band of compensation levels.
Is the credit analyst salary in Indiana below the national average?
- Yes, Indiana's median credit analyst salary of $62,660 is 23.2% below the national average. This means credit analysts in Indiana typically earn significantly less than their counterparts in other states for the same role.
How many credit analyst jobs are available in Indiana?
- There are approximately 860 credit analysts currently employed in Indiana. This represents the total workforce in this position across the state.