What is the average hourly wage for Credit Analysts?

The median hourly wage for Credit Analysts is $36.67 per hour. This translates to approximately $76,270 per year working full-time.

What states pay Credit Analysts the most?

Salaries for Credit Analysts vary significantly by location. Use the state-by-state table above to see which states offer the highest median wages for this occupation.

What education is needed to become a credit analyst?

Typical education required: Bachelor's degree.

Credit Analysts Salary

Name: Credit Analysts Salary Data
Creator: U.S. Bureau of Labor Statistics
License: https://www.bls.gov/bls/linksite.htm

Official U.S. Bureau of Labor Statistics Data - May 2024

Median Annual Salary

$76,270

$36.67 / hour

▲ 7% (Faster than average)

Salary Range

$40,423 - $131,184

10th to 90th percentile

Total Employed

79,720

workers nationally

🏛️ Data Source: U.S. Bureau of Labor Statistics OEWS, May 2024 | Updated: Annual | Methodology

Credit Analysts Salary by Percentile

$40,423 $131,184

10th pct Median: $76,270 90th pct

Percentile	Annual Salary	Hourly Rate
10th (Entry Level)	$40,423	$19.43
25th Percentile	$54,914	$26.40
50th (Median)	$76,270	$36.67
75th Percentile	$105,253	$50.60
90th (Top Earners)	$131,184	$63.07
Source: U.S. Bureau of Labor Statistics OEWS, May 2024

Top Paying States for Credit Analysts

#	State	Median Annual	Median Hourly
1	District of Columbia (DC)	$100,676	$48.40
2	California (CA)	$95,338	$45.84
3	Massachusetts (MA)	$93,049	$44.74
4	New York (NY)	$93,049	$44.74
5	New Jersey (NJ)	$91,524	$44.00
6	Connecticut (CT)	$89,999	$43.27
7	Maryland (MD)	$89,999	$43.27
8	Hawaii (HI)	$87,711	$42.17
9	Alaska (AK)	$85,422	$41.07
10	Washington (WA)	$85,422	$41.07
Source: BLS OEWS May 2024

About Credit Analysts

Credit Analysts work in their specialized field applying expertise and skills to deliver value in their organization. This occupation is part of the business finance sector of the U.S. economy.

Education Requirements

Typical Entry-Level Education: Bachelor's degree

Job Outlook for Credit Analysts

Projected Growth

+7%

2022-2032

▲ 7% (Faster than average)

Annual Job Openings

980,200

projected annually

Outlook data based on BLS Employment Projections program. Growth rate is projected change in employment 2022-2032.

Frequently Asked Questions

How much do Credit Analysts make?

The median annual salary for Credit Analysts is $76,270 (BLS OEWS May 2024). Entry-level workers earn around $40,423, while the top 10% earn $131,184 or more.

What is the hourly wage for Credit Analysts?

Credit Analysts earn a median hourly wage of $36.67 per hour. Working full-time (40 hrs/week, 52 weeks), this equals approximately $76,270 annually.

Is Credit Analysts a good-paying career?

With a median salary of $76,270, Credit Analysts earns above the U.S. median household income. Job outlook: Faster than average (7% growth, 2022-2032).

What education do Credit Analysts need?

Typical entry-level education: Bachelor's degree. Requirements vary by employer and specialization - check with specific employers and BLS OOH for detailed requirements.