Credit Analyst Salary
Credit Analysts earn a median $83,510 a year nationally. Business and Financial Operations Occupations
U.S. median
$83,510
$40.15 per hour
Range
$56,250 – $169,230
10th to 90th percentile
Employed
64,390
across the U.S.
▲3.1%
Pay trend: The median for credit analysts in the U.S. rose from $80,970 (May 2024) to $83,510 (May 2025). That beat inflation (2.4%), a real raise of about 0.7%.
What credit analysts do
Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decisionmaking.
- Typical education
- Bachelor's degree
- Work experience
- None required
- On-the-job training
- None
- Job outlook, 2025–35
- -4.3% (declining)
- Openings per year
- 3,100
Employment of credit analysts is projected to shrink 4.3% from 2025 to 2035, slower than the 3.5% average for all occupations. About 3,100 openings are expected each year, on average, including jobs left by workers who retire or switch careers.
Source: BLS Standard Occupational Classification and Employment Projections, 2025–35.
Credit Analyst take-home pay calculator
Starts at the national median. Pick your state to see your real paycheck.
Your take-home pay
$67,579
per year · effective tax rate 19.1%
$5,632Monthly
$2,816Twice a month
$2,599Every 2 weeks
$32.49Hourly
- Federal income tax$9,542
- Social Security (6.2%)$5,178
- Medicare (1.45%)$1,211
- Texas income tax$0
- Take-home pay$67,579
Marginal rate: 22% federal + 0.00% state
Pay by experience
| Percentile | Salary | Hourly | Take-home (no state tax) |
|---|---|---|---|
| 10th percentile (entry level) | $56,250 | $27.04 | $47,377 |
| 25th percentile | $65,210 | $31.35 | $54,576 |
| Median (50th) | $83,510 | $40.15 | $67,579 |
| 75th percentile | $122,460 | $58.88 | $94,967 |
| 90th percentile (top earners) | $169,230 | $81.36 | $126,935 |
Best cities for credit analysts (after tax & cost of living)
| # | Metro area | Median | Take-home | Real value* | Jobs |
|---|---|---|---|---|---|
| 1 | New York, NY | $136,500 | $97,551 | $86,663 | 7,530 |
| 2 | Chicago, IL | $92,900 | $69,731 | $67,312 | 2,560 |
| 3 | Dallas, TX | $80,530 | $65,483 | $63,520 | 3,210 |
*Take-home pay in U.S.-average dollars (BEA Regional Price Parities).
Highest-paying cities
- New York, NY — $136,500
- Chicago, IL — $92,900
- Dallas, TX — $80,530
Credit Analyst salary by state
| State | Median | 1-yr change | Take-home | Range | Jobs |
|---|---|---|---|---|---|
| New York | $133,270 | +0.4% | $95,533 | $76,730 – $239,200+ | 7,960 |
| District of Columbia | $132,590 | +28.1% | $93,590 | $68,020 – $210,220 | 50 |
| Virginia | $102,430 | +5.0% | $75,814 | $63,220 – $164,750 | 2,460 |
| New Jersey | $100,940 | +0.7% | $75,601 | $71,590 – $169,490 | 1,220 |
| Hawaii | $98,900 | +28.8% | $72,420 | $51,620 – $148,840 | 130 |
| Connecticut | $98,230 | +13.5% | $74,107 | $65,540 – $140,830 | 560 |
| California | $97,860 | +10.8% | $71,531 | $61,380 – $194,760 | 5,260 |
| Massachusetts | $97,080 | +9.7% | $72,492 | $64,530 – $173,680 | 1,400 |
| Delaware | $94,680 | −4.4% | $70,530 | $64,830 – $166,040 | 720 |
| North Carolina | $94,570 | +7.2% | $72,095 | $62,620 – $164,140 | 3,270 |
| Washington | $91,160 | +6.4% | $72,961 | $59,800 – $151,970 | 1,280 |
| Rhode Island | $85,920 | +2.9% | $66,670 | $59,860 – $134,850 | 160 |
| Illinois | $84,990 | +4.4% | $64,558 | $58,400 – $172,180 | 3,130 |
| Minnesota | $82,630 | +4.2% | $62,865 | $60,530 – $131,610 | 1,110 |
| Maine | $81,750 | +2.6% | $61,992 | $61,430 – $123,490 | 280 |
| Alaska | $81,340 | +31.3% | $66,053 | $56,910 – $97,110 | 40 |
| Colorado | $81,270 | −15.1% | $63,136 | $61,950 – $176,230 | 870 |
| Oregon | $80,380 | +2.2% | $59,174 | $62,310 – $129,830 | 650 |
| Pennsylvania | $80,280 | −0.5% | $62,842 | $50,750 – $155,360 | 1,930 |
| Alabama | $79,970 | −20.9% | $61,355 | $52,790 – $138,570 | 370 |
| Nebraska | $79,730 | −1.8% | $62,172 | $50,200 – $110,380 | 510 |
| Ohio | $79,720 | +17.3% | $63,503 | $50,460 – $133,700 | 2,790 |
| Idaho | $79,650 | +21.6% | $61,751 | $58,770 – $139,990 | 330 |
| Kentucky | $79,290 | +5.3% | $61,953 | $51,980 – $130,200 | 370 |
| Texas | $78,730 | +1.8% | $64,217 | $50,600 – $134,860 | 6,130 |
| Florida | $78,360 | +2.8% | $63,956 | $55,170 – $134,350 | 4,040 |
| Georgia | $77,990 | +6.4% | $60,271 | $51,500 – $155,910 | 1,790 |
| New Hampshire | $77,980 | −3.4% | $63,689 | $60,370 – $156,480 | 230 |
| South Carolina | $77,530 | +1.9% | $59,878 | $49,300 – $125,680 | 690 |
| Arizona | $77,020 | +3.3% | $61,297 | $55,890 – $125,980 | 2,260 |
| Iowa | $76,760 | +0.4% | $60,566 | $56,470 – $117,160 | 480 |
| Maryland | $75,390 | −6.9% | $58,649 | $47,410 – $124,380 | 700 |
| Oklahoma | $75,330 | +16.2% | $58,980 | $47,530 – $178,350 | 550 |
| Mississippi | $74,880 | +3.9% | $59,245 | $47,020 – $164,010 | 280 |
| North Dakota | $74,810 | −9.0% | $61,259 | $51,920 – $123,460 | 300 |
| Montana | $74,650 | +13.6% | $58,489 | $57,350 – $124,010 | 190 |
| Michigan | $74,640 | +2.8% | $58,418 | $51,170 – $108,870 | 1,510 |
| Utah | $74,430 | +2.7% | $58,808 | $49,160 – $164,900 | 750 |
| Louisiana | $73,210 | −3.4% | $58,523 | $46,680 – $134,670 | 290 |
| Kansas | $73,120 | +4.4% | $56,990 | $52,990 – $132,120 | 520 |
| Nevada | $73,090 | +13.3% | $60,249 | $58,400 – $137,960 | 390 |
| South Dakota | $73,040 | +6.9% | $60,214 | $51,690 – $134,230 | 430 |
| Tennessee | $72,550 | +8.3% | $59,869 | $49,080 – $134,980 | 1,480 |
| New Mexico | $72,160 | −6.2% | $57,369 | $53,960 – $133,310 | 90 |
| Arkansas | $71,370 | +10.0% | $56,468 | $43,520 – $118,500 | 300 |
| Vermont | $71,220 | −13.2% | $56,693 | $55,910 – $150,030 | 90 |
| Wisconsin | $68,690 | −2.8% | $54,893 | $50,780 – $126,640 | 1,770 |
| Missouri | $65,350 | +3.0% | $52,555 | $50,020 – $113,280 | 1,160 |
| Indiana | $62,660 | −2.4% | $50,708 | $47,850 – $101,560 | 860 |
| Wyoming | $62,210 | −13.5% | $52,166 | $49,140 – $91,920 | 40 |
| West Virginia | $57,320 | +2.7% | $46,391 | $48,170 – $95,870 | 220 |
Related jobs
| Job | Median salary | Education | Growth 2025–35 |
|---|---|---|---|
| Accountant and Auditor | $83,680 | Bachelor's degree | +5.0% |
| Insurance Underwriter | $81,370 | Bachelor's degree | -3.8% |
| Financial Specialists, All Other | $81,100 | Bachelor's degree | +4.1% |
| Loan Officer | $76,690 | Bachelor's degree | +1.1% |
| Budget Analyst | $91,640 | Bachelor's degree | +1.9% |
| Financial Examiner | $94,160 | Bachelor's degree | +9.3% |
| Property Appraiser and Assessor | $67,960 | Bachelor's degree | +3.5% |
| Financial and Investment Analyst | $102,740 | Bachelor's degree | +7.2% |
| Tax Examiners and Collectors, and Revenue Agents | $62,370 | Bachelor's degree | -1.0% |
| Personal Financial Advisor | $105,070 | Bachelor's degree | +1.4% |
Frequently asked questions
How much does a credit analyst make?
The national median salary for credit analysts is $83,510 a year ($40.15 an hour). The lowest-paid 10% earn under $56,250 and the top 10% earn over $169,230. Source: BLS, May 2025.
Which state pays credit analysts the most?
New York has the highest median pay at $133,270. After taxes and local prices, New York, NY offers the best real take-home pay of any metro area.
How many credit analysts are there in the U.S.?
About 64,390 people work as credit analysts nationwide.