Credit Analyst Salary in Chicago, IL
Credit Analysts in the Chicago-Naperville-Elgin, IL-IN metro area earn a median $92,900 a year — 11% more than the national median. After 2026 taxes, that is $69,731 take-home, or $5,811 a month.
Take-home pay calculator
Pre-filled with the median credit analyst salary in Chicago, IL. Enter your own offer to see your paycheck.
- Federal income tax$11,608
- Social Security (6.2%)$5,760
- Medicare (1.45%)$1,347
- Illinois income tax$4,454
- Take-home pay$69,731
Marginal rate: 22% federal + 4.95% state
The Chicago-Naperville-Elgin, IL-IN metro spans Illinois, Indiana. Pick the state you live in — state income tax follows your residence.
Credit Analyst pay by experience in Chicago, IL
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $61,190 | $29.42 | $48,462 | $4,039 |
| 25th percentile | $68,050 | $32.72 | $53,479 | $4,457 |
| Median (50th) | $92,900 | $44.66 | $69,731 | $5,811 |
| 75th percentile | $131,000 | $62.98 | $94,465 | $7,872 |
| 90th percentile (top earners) | $172,180 | $82.78 | $120,573 | $10,048 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Illinois resident, 2026 tax rules.
What $92,900 buys in Chicago, IL
Prices in Chicago, IL are 3.6% higher than the U.S. average (housing costs are 1.12× the national average). Adjusted for local prices, a median credit analyst's $69,731 take-home pay has the buying power of $67,312 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Chicago, IL has 1.4× the national concentration of credit analyst jobs — a strong local market for this occupation.
Best-paying cities for credit analysts, adjusted for cost of living
Chicago, IL ranks #10 of 30 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | New York, NY | $136,500 | $97,551 | $86,663 |
| 2 | Charlotte, NC | $100,640 | $76,123 | $78,197 |
| 3 | Buffalo, NY | $99,640 | $74,088 | $77,301 |
| 4 | Washington, DC | $114,700 | $82,740 | $75,990 |
| 5 | San Francisco, CA | $122,590 | $86,291 | $74,638 |
| 6 | Boston, MA | $101,890 | $75,635 | $69,860 |
| 7 | Philadelphia, PA | $92,460 | $71,037 | $69,268 |
| 8 | Jacksonville, FL | $83,160 | $67,333 | $67,682 |
| 10 | Chicago, IL | $92,900 | $69,731 | $67,312 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 30 metros →
Frequently asked questions
How much does a credit analyst make in Chicago, IL?
The median credit analyst salary in the Chicago-Naperville-Elgin, IL-IN metro area is $92,900 a year, or about $44.66 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $68,050 and $131,000.
What is a credit analyst’s take-home pay in Chicago, IL?
On the median $92,900 salary, a single filer living in Illinois takes home about $69,731 a year ($5,811 a month) after federal tax, Social Security, Medicare and $4,454 in Illinois taxes in 2026.
Is Chicago, IL a good place to work as a credit analyst?
Pay here is 11% above the national median of $83,510. Local prices are 3.6% above the U.S. average, so the take-home pay buys what $67,312 would in a typical U.S. city. Chicago, IL ranks #10 of 30 metro areas for cost-of-living-adjusted pay in this job.
Can a credit analyst afford rent in Chicago, IL?
HUD’s fair market rent for a one-bedroom in Chicago, IL is $1,534 a month ($1,743 for two bedrooms) — 26% of a median credit analyst’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in Chicago, IL
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