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Credit Analyst salary
Average credit analyst salary
$61,422
How much does a credit analyst make?
The average credit analyst salary in the United States is $61,422. Credit analyst salaries typically range between $40,000 and $93,000 yearly. The average hourly rate for credit analysts is $29.53 per hour.
Credit analyst salary is impacted by location, education, and experience. Credit analysts earn the highest average salary in New York.
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Where can a Credit Analyst earn more?
Credit Analyst salary estimates from across the web
Average credit analyst salary by state
Highest paying states for credit analysts
Rank  | State | Avg. Salary | Hourly Rate |
|---|---|---|---|
| 1 | New York | $101,509 | $48.80 |
| 2 | Delaware | $76,318 | $36.69 |
| 3 | District of Columbia | $77,048 | $37.04 |
| 4 | Massachusetts | $75,930 | $36.50 |
| 5 | Rhode Island | $71,499 | $34.37 |
| 6 | Connecticut | $75,385 | $36.24 |
| 7 | New Jersey | $74,225 | $35.69 |
| 8 | Virginia | $68,610 | $32.99 |
| 9 | Pennsylvania | $69,479 | $33.40 |
| 10 | Maryland | $69,356 | $33.34 |
| 11 | New Hampshire | $75,141 | $36.13 |
| 12 | Vermont | $72,486 | $34.85 |
| 13 | North Carolina | $65,469 | $31.48 |
| 14 | Wyoming | $66,344 | $31.90 |
| 15 | Minnesota | $63,273 | $30.42 |
| 16 | California | $65,846 | $31.66 |
| 17 | Ohio | $60,087 | $28.89 |
| 18 | Illinois | $59,763 | $28.73 |
| 19 | Nevada | $62,025 | $29.82 |
| 20 | West Virginia | $63,227 | $30.40 |
| 21 | Oregon | $60,398 | $29.04 |
| 22 | Colorado | $57,831 | $27.80 |
| 23 | North Dakota | $56,075 | $26.96 |
| 24 | Washington | $60,958 | $29.31 |
| 25 | Maine | $62,679 | $30.13 |
| 26 | Iowa | $59,976 | $28.83 |
| 27 | Wisconsin | $57,205 | $27.50 |
| 28 | South Dakota | $55,960 | $26.90 |
| 29 | Florida | $56,804 | $27.31 |
| 30 | Texas | $52,365 | $25.18 |
| 31 | Michigan | $53,515 | $25.73 |
| 32 | Arizona | $49,805 | $23.94 |
| 33 | Hawaii | $49,352 | $23.73 |
| 34 | Alabama | $53,867 | $25.90 |
| 35 | Montana | $54,428 | $26.17 |
| 36 | Kentucky | $55,197 | $26.54 |
| 37 | South Carolina | $54,568 | $26.23 |
| 38 | Kansas | $52,468 | $25.23 |
| 39 | Georgia | $52,803 | $25.39 |
| 40 | Nebraska | $50,782 | $24.41 |
| 41 | Alaska | $46,699 | $22.45 |
| 42 | Missouri | $47,179 | $22.68 |
| 43 | Indiana | $48,345 | $23.24 |
| 44 | Utah | $43,609 | $20.97 |
| 45 | Tennessee | $47,012 | $22.60 |
| 46 | New Mexico | $47,793 | $22.98 |
| 47 | Arkansas | $45,329 | $21.79 |
| 48 | Idaho | $42,866 | $20.61 |
| 49 | Mississippi | $44,673 | $21.48 |
| 50 | Oklahoma | $44,715 | $21.50 |
| 51 | Louisiana | $42,563 | $20.46 |
Highest paying cities for credit analysts
The highest-paying cities for credit analysts are New York, NY, Washington, DC, and Wilmington, DE.
| Rank | City | Avg. Salary | Hourly Rate |
|---|---|---|---|
| 1 | New York, NY | $101,682 | $48.89 |
| 2 | Washington, DC | $77,123 | $37.08 |
| 3 | Wilmington, DE | $76,456 | $36.76 |
| 4 | Boston, MA | $75,899 | $36.49 |
| 5 | Stamford, CT | $75,291 | $36.20 |
| 6 | Philadelphia, PA | $69,849 | $33.58 |
| 7 | Arlington, VA | $69,634 | $33.48 |
| 8 | San Francisco, CA | $69,324 | $33.33 |
| 9 | Gaithersburg, MD | $69,166 | $33.25 |
| 10 | Wilmington, NC | $64,974 | $31.24 |
| 11 | Portland, ME | $63,346 | $30.45 |
| 12 | Minneapolis, MN | $63,261 | $30.41 |
| 13 | Las Vegas, NV | $61,645 | $29.64 |
| 14 | Seattle, WA | $61,288 | $29.47 |
| 15 | Portland, OR | $60,121 | $28.90 |
| 16 | Chicago, IL | $60,050 | $28.87 |
| 17 | Columbus, OH | $59,877 | $28.79 |
| 18 | Denver, CO | $57,834 | $27.80 |
| 19 | Milwaukee, WI | $57,311 | $27.55 |
| 20 | Coral Gables, FL | $56,612 | $27.22 |
Credit Analysts are the most in-demand in these five cities:
Credit Analyst salary details
A credit analyst's salary ranges from $40,000 a year at the 10th percentile to $93,000 at the 90th percentile.
What is a credit analyst's salary?
| Percentile | Annual Salary | Monthly Salary | Hourly Rate |
|---|---|---|---|
| 90th Percentile | $93,000 | $7,750 | $45 |
| 75th Percentile | $76,000 | $6,333 | $37 |
| Average | $61,422 | $5,119 | $30 |
| 25th Percentile | $49,000 | $4,083 | $24 |
| 10th Percentile | $40,000 | $3,333 | $19 |
Highest paying credit analyst jobs
The highest paying types of credit analysts are credit officer, investigative analyst, and senior fraud analyst.
| Job Title | Annual Salary | Monthly Salary | Hourly Rate | Job Openings |
|---|---|---|---|---|
| Accounts Receivable Analyst | $43,692 | $3,641 | $21.01 | 26,558 |
| Credit Officer | $129,478 | $10,790 | $62.25 | 60,323 |
| Investment Banking Analyst | $60,598 | $5,050 | $29.13 | 52,791 |
| Credit Representative | $39,268 | $3,272 | $18.88 | 73,520 |
| Loan Analyst | $37,857 | $3,155 | $18.20 | 24,756 |
| Investment Analyst | $79,056 | $6,588 | $38.01 | 63,003 |
Top companies hiring credit analysts now:
Which companies pay credit analysts the most?
Credit analyst salaries at Apollo Global Management and Google are the highest-paying according to our most recent salary estimates. In addition, the average credit analyst salary at companies like Oak Hill Advisors and Pacific Investment Management Company LLC are highly competitive.
| Rank | Company | Average Salary | Hourly Rate |
|---|---|---|---|
| 1 | Apollo Global Management | $126,470 | $60.80 |
| 2 | $122,871 | $59.07 | |
| 3 | Oak Hill Advisors | $122,652 | $58.97 |
| 4 | Pacific Investment Management Company LLC | $117,477 | $56.48 |
| 5 | Cadence Design Systems | $116,391 | $55.96 |
| 6 | PayPal | $115,763 | $55.66 |
| 7 | Moody's | $112,668 | $54.17 |
| 8 | First Republic Bank | $110,683 | $53.21 |
| 9 | PBF Energy | $107,697 | $51.78 |
| 10 | Standard Chartered | $106,638 | $51.27 |
| 11 | Barclays | $106,475 | $51.19 |
| 12 | Western Alliance Bank | $106,374 | $51.14 |
| 13 | Silicon Valley Bank | $106,131 | $51.02 |
| 14 | Credit Suisse | $106,032 | $50.98 |
| 15 | CIBC World Markets | $105,611 | $50.77 |
| 16 | Jefferies | $104,455 | $50.22 |
| 17 | Deutsche Bank | $104,333 | $50.16 |
| 18 | Goldman Sachs | $104,305 | $50.15 |
| 19 | UBS | $104,172 | $50.08 |
| 20 | Bunge | $103,961 | $49.98 |
Wage gap by gender, race and education
Credit Analyst salary trends
The average credit analyst salary has risen by $11,667 over the last ten years. In 2014, the average credit analyst earned $49,755 annually, but today, they earn $61,422 a year. That works out to a 7% change in pay for credit analysts over the last decade.
Compare credit analyst salaries for cities or states with the national average over time.
Average credit analyst salary over time
Compare credit analyst salaries for individual cities or states with the national average.
- National Average
- Columbus, OH
Credit Analyst salary by year
| Year | Avg. Salary | Hourly Rate | % Change |
|---|---|---|---|
| 2025 | $61,400 | $29.53 | +1.8% |
| 2024 | $60,300 | $29.01 | +2.9% |
| 2023 | $58,600 | $28.17 | +0.3% |
| 2022 | $58,400 | $28.08 | +1.9% |
| 2021 | $57,300 | $27.54 | +0.4% |
Recently added credit analyst salaries
| Company | Job | Location | Date Added | Salary |
|---|---|---|---|---|
| Cobank | Credit Analyst-Regional Agribusiness Banking Group | Wichita, KS | 12/18/2024 | $63,631 |
| First Western Trust Bank | Credit Analyst | Boulder, CO | 12/18/2024 | $63,215 |
| Huttig | Credit Specialist 2 | Fruitland, ID | 12/17/2024 | $47,000 |
| Us Bank | Credit Analyst-Automotive | Los Angeles, CA | 12/17/2024 | $92,140 |
| Pharmerica | Credit Balance Specialist II-Infusion Pharmacy | Englewood, CO | 12/16/2024 | $37,566 |
| Riverview Bancorp Inc. | Credit Analyst I | Vancouver, WA | 12/16/2024 | $50,088 |
| U.S. Bank | Credit Review Specialist | Knoxville, TN | 12/16/2024 | $43,556 |
| Cobank | Credit Analyst-Power, Energy & Utilities | Greenwood Village, CO | 12/16/2024 | $63,631 |
| United Auto Credit | Junior Credit Analyst | Buffalo, NY | 12/16/2024 | $35,479 |
| Dish | Corporate Credit Specialist | Englewood, CO | 12/16/2024 | $63,150 |
Credit Analyst salary FAQs
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