Credit Analyst Salary in Massachusetts
Based on 1K+ workers in Massachusetts
Median Annual Salary (MA)
$97,080
$46.67/hr
vs National Average
$81,630
+18.9% vs national median
Salary Range (10th–90th)
$65K – $174K
1K employed in Massachusetts
The median Credit Analyst salary in Massachusetts is $97,080 per year, positioning the state well above the national average at 19% higher than comparable roles across the country. With approximately 1,400 credit analysts employed throughout Massachusetts, the state maintains a robust job market for financial professionals in this field.
Several factors influence credit analyst compensation in Massachusetts, including years of experience, educational background, and specific employer industry. Geographic proximity to major financial hubs, particularly Boston's established banking sector, also drives wages higher than national benchmarks. Company size, certifications, and individual performance metrics further shape salary ranges within the state.
Salary Distribution — Credit Analyst in Massachusetts
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $64,530 |
| 25th percentile | $74,110 |
| Median (50th percentile) | $97,080 |
| 75th percentile | $131,030 |
| 90th percentile | $173,680 |
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 Massachusetts 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 Massachusetts vs National
| Year | Median Salary (Massachusetts) |
|---|---|
| 2022 | $75,520 |
| 2023 | $85,950 |
| 2024 | $88,490 |
| 2025 | $97,080 |
| 2026 (projected) | $102,905 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Massachusetts Median | National Median |
|---|---|---|
| 2022 | $75,520 | $73,733 |
| 2023 | $85,950 | $75,422 |
| 2024 | $88,490 | $78,827 |
| 2025 | $97,080 | $81,630 |
| 2026 (projected) | $102,905 | $86,528 |
Credit Analyst Salary by Experience Level in Massachusetts
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $74,110 |
| Mid-level | 3-5 yrs | $97,080 |
| Senior | 6-9 yrs | $131,030 |
| Staff / Lead | 10+ yrs | $173,680 |
Credit Analyst Salary in Other States
Related Credit Analyst Salaries in Massachusetts
How other high-demand occupations in Massachusetts compare to Credit Analyst ($97,080 median).
| Occupation | Median Salary | vs Credit Analyst | Hourly |
|---|---|---|---|
| Financial Manager in MA | $206,760 | +113.0% | $99.40/hr |
| Actuary in MA | $126,040 | +29.8% | $60.60/hr |
| Personal Financial Advisor in MA | $125,670 | +29.4% | $60.42/hr |
| Financial Examiner in MA | $111,110 | +14.5% | $53.42/hr |
| Financial Analyst in MA | $111,040 | +14.4% | $53.38/hr |
| Economist in MA | $106,380 | +9.6% | $51.14/hr |
| Compliance Officer in MA | $102,060 | +5.1% | $49.07/hr |
| Loan Officer in MA | $101,600 | +4.7% | $48.85/hr |
| Securities Sales Agent in MA | $100,310 | +3.3% | $48.23/hr |
| Tax Examiner in MA | $99,970 | +3.0% | $48.06/hr |
| Accountant in MA | $99,460 | +2.5% | $47.82/hr |
| Budget Analyst in MA | $92,260 | -5.0% | $44.36/hr |
Frequently Asked Questions
How much do credit analysts make in Massachusetts?
- The median salary for credit analysts in Massachusetts is $97,080 per year, or $47 per hour. This is 18.9% higher than the national average, making it a well-compensated position in the state.
What is the salary range for credit analysts in Massachusetts?
- Credit analysts in Massachusetts earn between $64,530 and $173,680 annually, depending on experience, employer, and individual qualifications. This wide range reflects differences in career progression and specialization within the field.
How many credit analysts are employed in Massachusetts?
- There are approximately 1,400 credit analysts currently employed in Massachusetts. This represents a stable job market for professionals seeking positions in this field.
Is the credit analyst salary in Massachusetts higher than the national average?
- Yes, Massachusetts credit analysts earn 18.9% more than the national average, with a median salary of $97,080 compared to the national median. This premium reflects the state's strong financial services industry and cost of living.