Credit Analyst Salary in Kentucky
Based on 370+ workers in Kentucky
Median Annual Salary (KY)
$79,290
$38.12/hr
vs National Average
$81,630
-2.9% vs national median
Salary Range (10th–90th)
$52K – $130K
370 employed in Kentucky
The median credit analyst salary in Kentucky is $79,290 per year, representing a competitive compensation level for financial professionals in the state. With approximately 370 credit analysts currently employed across Kentucky, this position offers stable career prospects. However, Kentucky salaries run about 3% below the national average, reflecting regional economic differences and cost-of-living variations compared to higher-paying states.
Several factors influence credit analyst compensation in Kentucky, including years of experience, educational credentials, and employer size. Financial institutions, banks, and credit unions in urban centers like Louisville and Lexington typically offer higher salaries than rural areas. Industry certifications, analytical skills, and the complexity of accounts managed also impact earning potential, with experienced analysts commanding salaries toward the upper range of $130,200 annually.
Salary Distribution — Credit Analyst in Kentucky
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $51,980 |
| 25th percentile | $63,750 |
| Median (50th percentile) | $79,290 |
| 75th percentile | $101,950 |
| 90th percentile | $130,200 |
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 Kentucky 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 Kentucky vs National
| Year | Median Salary (Kentucky) |
|---|---|
| 2022 | $79,930 |
| 2023 | $74,640 |
| 2024 | $75,320 |
| 2025 | $79,290 |
| 2026 (projected) | $83,469 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Kentucky Median | National Median |
|---|---|---|
| 2022 | $79,930 | $73,733 |
| 2023 | $74,640 | $75,422 |
| 2024 | $75,320 | $78,827 |
| 2025 | $79,290 | $81,630 |
| 2026 (projected) | $83,469 | $85,933 |
Credit Analyst Salary by Experience Level in Kentucky
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $63,750 |
| Mid-level | 3-5 yrs | $79,290 |
| Senior | 6-9 yrs | $101,950 |
| Staff / Lead | 10+ yrs | $130,200 |
Credit Analyst Salary in Other States
Related Credit Analyst Salaries in Kentucky
How other high-demand occupations in Kentucky compare to Credit Analyst ($79,290 median).
| Occupation | Median Salary | vs Credit Analyst | Hourly |
|---|---|---|---|
| Financial Manager in KY | $130,650 | +64.8% | $62.81/hr |
| Actuary in KY | $120,400 | +51.8% | $57.88/hr |
| Financial Analyst in KY | $81,660 | +3.0% | $39.26/hr |
| Budget Analyst in KY | $76,860 | -3.1% | $36.95/hr |
| Financial Examiner in KY | $76,260 | -3.8% | $36.66/hr |
| Accountant in KY | $75,270 | -5.1% | $36.19/hr |
| Economist in KY | $71,400 | -10.0% | $34.33/hr |
| Compliance Officer in KY | $69,240 | -12.7% | $33.29/hr |
| Personal Financial Advisor in KY | $67,150 | -15.3% | $32.28/hr |
| Tax Examiner in KY | $65,690 | -17.2% | $31.58/hr |
| Loan Officer in KY | $62,090 | -21.7% | $29.85/hr |
| Insurance Sales Agent in KY | $60,880 | -23.2% | $29.27/hr |
Frequently Asked Questions
How much do credit analysts make in Kentucky?
- The median salary for credit analysts in Kentucky is $79,290 per year, or $38 per hour. This is slightly below the national average, representing a difference of -2.9%.
What is the salary range for credit analysts in Kentucky?
- Credit analysts in Kentucky earn between $51,980 and $130,200 annually, depending on experience, employer, and other factors. This represents a significant range of nearly $80,000 between entry-level and top-earning positions.
Is the Kentucky credit analyst salary competitive compared to the national average?
- Kentucky's median credit analyst salary of $79,290 is slightly below the national average by 2.9%. While not the highest-paying state, it remains a solid salary for the position in the region.
How many credit analyst jobs are available in Kentucky?
- There are approximately 370 credit analysts currently employed in Kentucky, indicating moderate job availability in the state for this profession.