Average credit analyst salary
$61,422
$29.53 hourly rate
Entry-level credit analyst salary
$40,000 yearly salary
Updated April 5, 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.
On This Page
Where can a Credit Analyst earn more?
Compare salary by location
Vs
127k
107k
87k
67k
47k
27k
Ashburn, VA$101,682
Coral Gables, FL$56,612
Compare salary by company
Vs
154k
134k
114k
94k
74k
Apollo Global Management$126,470
Bunge$103,961
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.
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.
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
$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% |
Show more
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 |
Show more
Credit Analyst salary FAQs
What state pays Credit Analysts the most?
How do I know if I'm being paid fairly as a Credit Analyst?
Have more questions?
See all answers to common business and financial questions.Search for credit analyst jobs
Credit Analyst Related Salaries
- Accounts Receivable Analyst Salary
- Analyst Salary
- Collection Analyst Salary
- Commercial Analyst Salary
- Commercial Credit Analyst Salary
- Credit Administrator Salary
- Credit And Collections Analyst Salary
- Credit Assistant Salary
- Credit Manager Salary
- Credit Officer Salary
- Credit Representative Salary
- Credit Risk Analyst Salary
- Investigative Analyst Salary
- Investment Analyst Salary
- Investment Banking Analyst Salary
Credit Analyst Related Careers
Credit Analyst Related Jobs
What Similar Roles Do
- What Does an Accounts Receivable Analyst Do
- What Does an Analyst Do
- What Does a Collection Analyst Do
- What Does a Commercial Analyst Do
- What Does a Commercial Credit Analyst Do
- What Does a Credit Administrator Do
- What Does a Credit And Collections Analyst Do
- What Does a Credit Assistant Do
- What Does a Credit Manager Do
- What Does a Credit Officer Do
- What Does a Credit Representative Do
- What Does a Credit Risk Analyst Do
- What Does an Investigative Analyst Do
- What Does an Investment Analyst Do
- What Does an Investment Banking Analyst Do
- Zippia Careers
- Business and Financial Industry
- Credit Analyst
- Credit Analyst Salary
Updated April 5, 2024
