Credit Analyst Salary in Maryland
Based on 700+ workers in Maryland
Median Annual Salary (MD)
$75,390
$36.25/hr
vs National Average
$81,630
-7.6% vs national median
Salary Range (10th–90th)
$47K – $124K
700 employed in Maryland
Credit Analyst salary in Maryland averages $75,390 annually, according to current labor data. This represents a 8% decrease compared to the national average for the role. Approximately 700 credit analysts work throughout Maryland, with salaries ranging from $47,410 to $124,380 depending on experience and employer.
Several factors influence credit analyst compensation in Maryland's financial sector. Years of experience, certifications like the National Association of Certified Public Accountants credential, and employer size significantly impact earning potential. Working for larger institutions or specialized lending firms typically offers higher salaries than smaller regional banks or credit unions. Geographic proximity to Baltimore's financial hub and individual educational background also play important roles in determining final compensation.
Salary Distribution — Credit Analyst in Maryland
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $47,410 |
| 25th percentile | $59,320 |
| Median (50th percentile) | $75,390 |
| 75th percentile | $97,580 |
| 90th percentile | $124,380 |
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 Maryland 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 Maryland vs National
| Year | Median Salary (Maryland) |
|---|---|
| 2022 | $77,170 |
| 2023 | $80,280 |
| 2024 | $80,940 |
| 2025 | $75,390 |
| 2026 (projected) | $75,390 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Maryland Median | National Median |
|---|---|---|
| 2022 | $77,170 | $73,733 |
| 2023 | $80,280 | $75,422 |
| 2024 | $80,940 | $78,827 |
| 2025 | $75,390 | $81,630 |
| 2026 (projected) | $75,390 | $81,630 |
Credit Analyst Salary by Experience Level in Maryland
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $59,320 |
| Mid-level | 3-5 yrs | $75,390 |
| Senior | 6-9 yrs | $97,580 |
| Staff / Lead | 10+ yrs | $124,380 |
Credit Analyst Salary in Other States
Related Credit Analyst Salaries in Maryland
How other high-demand occupations in Maryland compare to Credit Analyst ($75,390 median).
| Occupation | Median Salary | vs Credit Analyst | Hourly |
|---|---|---|---|
| Financial Manager in MD | $158,750 | +110.6% | $76.32/hr |
| Economist in MD | $144,680 | +91.9% | $69.56/hr |
| Actuary in MD | $126,950 | +68.4% | $61.03/hr |
| Budget Analyst in MD | $106,020 | +40.6% | $50.97/hr |
| Financial Examiner in MD | $102,980 | +36.6% | $49.51/hr |
| Tax Examiner in MD | $101,400 | +34.5% | $48.75/hr |
| Financial Analyst in MD | $100,370 | +33.1% | $48.25/hr |
| Personal Financial Advisor in MD | $99,880 | +32.5% | $48.02/hr |
| Accountant in MD | $89,370 | +18.5% | $42.97/hr |
| Compliance Officer in MD | $84,720 | +12.4% | $40.73/hr |
| Loan Officer in MD | $73,580 | -2.4% | $35.38/hr |
| Securities Sales Agent in MD | $61,660 | -18.2% | $29.64/hr |
Frequently Asked Questions
How much do credit analysts make in Maryland?
- Credit analysts in Maryland earn a median salary of $75,390 per year, or $36 per hour. This is 7.6% below the national average for this position. Salaries in the state range from $47,410 to $124,380 depending on experience and employer.
What is the salary range for a credit analyst in Maryland?
- The salary range for credit analysts in Maryland spans from $47,410 on the lower end to $124,380 on the higher end. The median falls at $75,390 annually, providing a good benchmark for what most professionals in this role earn across the state.
Is Maryland's credit analyst salary higher or lower than the national average?
- Maryland's credit analyst salary is 7.6% lower than the national average, with the state median at $75,390 compared to the higher national average. Despite this difference, there are still opportunities for higher-paying positions that reach up to $124,380 in the state.
How many credit analysts are employed in Maryland?
- There are approximately 700 credit analysts employed throughout Maryland. This represents a stable job market for professionals seeking positions in this field within the state.