Credit Analyst Salary (September 2024)

Average credit analyst salary

$61,422

$29.53 hourly rate

Entry-level credit analyst salary

$40,000 yearly salary

Updated June 25, 2024

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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Credit analyst salary by:

Where can a Credit Analyst earn more?

Compare salary by location

127k

107k

87k

67k

47k

27k

New York$101,682

Coral Gables, FL$56,612

Credit Analyst salary estimates from across the web

Based on the latest salary information compiled by Zippia, Salary.com, Indeed, Glassdoor, Ziprecruiter, Comparably, Payscale and CareerExplorer, the average salary for a credit analyst typically falls between $57,901 and $121,747.

zippia

$61,422yearly

glassdoor[1]

$72,494yearly

indeed[2]

$69,212yearly

comparably[3]

$121,747yearly

Salary.com[4]

$58,298yearly

ZipRecruiter[5]

$64,697yearly

payscale[6]

$57,901yearly

CareerExplorer[7]

$77,440yearly

Average credit analyst salary by state

The average credit analyst salary in New York, Delaware, and Massachusetts are the highest in the U.S. The lowest average credit analyst salary states are Arkansas, Oklahoma, and Mississippi.

State View
County View

Average Salary:

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

Top credit analyst jobs near you

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.

Credit Analyst Salary (September 2024) - Zippia (2)

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	Google	$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

$68,000$66,400$64,800$63,200$61,600$60,000

MaleFemale

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.

Credit Analyst salary by year

Year	Avg. Salary	Hourly Rate	% Change
2024	$61,400	$29.53	+1.8%
2023	$60,300	$29.01	+2.9%
2022	$58,600	$28.17	+0.3%
2021	$58,400	$28.08	+1.9%
2020	$57,300	$27.54	+0.4%

Recently added credit analyst salaries

Company	Job	Location	Date Added	Salary
Transcend Solutions	Credit Card Specialist	Ridgefield Park, NJ	07/03/2023	$52,175
Princeperelson and Associates	Energy Credit Analyst	Cove, UT	07/03/2023	$80,000
Pharmerica	Credit Balance Categorization Specialist	Englewood, CO	07/02/2023	$37,566
Voya Financial	Private Credit Settlement Analyst	Atlanta, GA	07/02/2023	$80,000
Amalgamated Bank of Ny	C&I Credit Analyst	San Francisco, CA	07/02/2023	$84,900
Sumitomo Mitsui Banking Corporation	Credit Analyst	New York, NY	07/02/2023	$57,000
Bio-Rad Laboratories	Title: Credit Analyst	California, MD	07/01/2023	$71,600
First Western	Credit Analyst	Boulder, CO	07/01/2023	$56,000
The Symicor Group	Credit Analyst-To 80K-Hybrid Remote-Job # 3087	Pittsburgh, PA	07/01/2023	$80,000
Tiffany & Co	Credit Professional	Parsippany-Troy Hills, NJ	06/30/2023	$100,000

Credit Analyst salary FAQs

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