Credit Analyst Salary Overview
The Credit Analyst is a sought-after profession in the United States with a median annual salary of $72,600. Compensation typically ranges from $42,800 for entry-level positions to $117,400 for experienced professionals in high-demand markets.Salary Range: The typical Credit Analyst in the US earns between $42,800 and $117,400 per year, with a median of $72,600.
Credit Analyst Salary by Experience
Entry-level credit analysts earn around $47,190, while those with 10+ years of experience can earn $98,010 or more.
| Level | Salary | Hourly | Take-Home |
|---|---|---|---|
| Entry | $47,190 | $23/hr | $38,834 |
| Mid | $72,600 | $35/hr | $56,554 |
| Senior | $90,750 | $44/hr | $67,651 |
| Lead | $110,352 | $53/hr | $79,618 |
Credit Analyst Salary by State (After Tax)
Gross salary, federal tax, state tax, and estimated take-home pay for a Credit Analyst in each US state.
Pay for credit analysts varies significantly by state, with coastal and high-cost-of-living areas generally offering higher salaries to offset expenses.
| State | Gross | Federal | State Tax | FICA | Take-Home | Rate |
|---|---|---|---|---|---|---|
| Alabama | $72,600 | $7,586 | $3,465 | $5,554 | $55,995 | 22.9% |
| Alaska | $72,600 | $7,586 | $0 | $5,554 | $59,460 | 18.1% |
| Arizona | $72,600 | $7,586 | $1,450 | $5,554 | $58,010 | 20.1% |
| Arkansas | $72,600 | $7,586 | $2,968 | $5,554 | $56,492 | 22.2% |
| California | $72,600 | $7,586 | $2,906 | $5,554 | $56,554 | 22.1% |
| Colorado | $72,600 | $7,586 | $2,534 | $5,554 | $56,926 | 21.6% |
| Connecticut | $72,600 | $7,586 | $3,243 | $5,554 | $56,217 | 22.6% |
| Delaware | $72,600 | $7,586 | $3,561 | $5,554 | $55,900 | 23.0% |
| District of Columbia | $72,600 | $7,586 | $3,370 | $5,554 | $56,090 | 22.7% |
| Florida | $72,600 | $7,586 | $0 | $5,554 | $59,460 | 18.1% |
| Georgia | $72,600 | $7,586 | $3,327 | $5,554 | $56,133 | 22.7% |
| Hawaii | $72,600 | $7,586 | $5,062 | $5,554 | $54,398 | 25.1% |
| Idaho | $72,600 | $7,586 | $3,364 | $5,554 | $56,096 | 22.7% |
| Illinois | $72,600 | $7,586 | $3,456 | $5,554 | $56,004 | 22.9% |
| Indiana | $72,600 | $7,586 | $2,214 | $5,554 | $57,246 | 21.1% |
| Iowa | $72,600 | $7,586 | $2,759 | $5,554 | $56,701 | 21.9% |
| Kansas | $72,600 | $7,586 | $3,481 | $5,554 | $55,979 | 22.9% |
| Kentucky | $72,600 | $7,586 | $2,778 | $5,554 | $56,682 | 21.9% |
| Louisiana | $72,600 | $7,586 | $2,504 | $5,554 | $56,956 | 21.5% |
| Maine | $72,600 | $7,586 | $3,668 | $5,554 | $55,793 | 23.2% |
| Maryland | $72,600 | $7,586 | $3,275 | $5,554 | $56,185 | 22.6% |
| Massachusetts | $72,600 | $7,586 | $3,410 | $5,554 | $56,050 | 22.8% |
| Michigan | $72,600 | $7,586 | $2,848 | $5,554 | $56,613 | 22.0% |
| Minnesota | $72,600 | $7,586 | $3,486 | $5,554 | $55,974 | 22.9% |
| Mississippi | $72,600 | $7,586 | $2,834 | $5,554 | $56,626 | 22.0% |
| Missouri | $72,600 | $7,586 | $2,614 | $5,554 | $56,846 | 21.7% |
| Montana | $72,600 | $7,586 | $3,176 | $5,554 | $56,284 | 22.5% |
| Nebraska | $72,600 | $7,586 | $2,719 | $5,554 | $56,741 | 21.8% |
| Nevada | $72,600 | $7,586 | $0 | $5,554 | $59,460 | 18.1% |
| New Hampshire | $72,600 | $7,586 | $0 | $5,554 | $59,460 | 18.1% |
| New Jersey | $72,600 | $7,586 | $2,519 | $5,554 | $56,941 | 21.6% |
| New Mexico | $72,600 | $7,586 | $2,562 | $5,554 | $56,898 | 21.6% |
| New York | $72,600 | $7,586 | $3,565 | $5,554 | $55,895 | 23.0% |
| North Carolina | $72,600 | $7,586 | $2,693 | $5,554 | $56,767 | 21.8% |
| North Dakota | $72,600 | $7,586 | $1,131 | $5,554 | $58,329 | 19.7% |
| Ohio | $72,600 | $7,586 | $1,278 | $5,554 | $58,182 | 19.9% |
| Oklahoma | $72,600 | $7,586 | $2,958 | $5,554 | $56,502 | 22.2% |
| Oregon | $72,600 | $7,586 | $5,827 | $5,554 | $53,633 | 26.1% |
| Pennsylvania | $72,600 | $7,586 | $2,229 | $5,554 | $57,231 | 21.2% |
| Rhode Island | $72,600 | $7,586 | $2,327 | $5,554 | $57,133 | 21.3% |
| South Carolina | $72,600 | $7,586 | $3,019 | $5,554 | $56,441 | 22.3% |
| South Dakota | $72,600 | $7,586 | $0 | $5,554 | $59,460 | 18.1% |
| Tennessee | $72,600 | $7,586 | $0 | $5,554 | $59,460 | 18.1% |
| Texas | $72,600 | $7,586 | $0 | $5,554 | $59,460 | 18.1% |
| Utah | $72,600 | $7,586 | $3,376 | $5,554 | $56,084 | 22.7% |
| Vermont | $72,600 | $7,586 | $2,851 | $5,554 | $56,609 | 22.0% |
| Virginia | $72,600 | $7,586 | $3,658 | $5,554 | $55,802 | 23.1% |
| Washington | $72,600 | $7,586 | $0 | $5,554 | $59,460 | 18.1% |
| West Virginia | $72,600 | $7,586 | $2,829 | $5,554 | $56,631 | 22.0% |
| Wisconsin | $72,600 | $7,586 | $2,760 | $5,554 | $56,700 | 21.9% |
| Wyoming | $72,600 | $7,586 | $0 | $5,554 | $59,460 | 18.1% |
Top Cities for Credit Analyst Pay
The highest-paying metro areas for credit analysts tend to be major metropolitan centers with strong industry demand and higher costs of living.
| City | Avg Salary |
|---|---|
| New York, NY | $79,860 |
| Hartford, CT | $79,860 |
| San Francisco, CA | $79,860 |
| Boston, MA | $79,860 |
| Chicago, IL | $79,860 |
Calculate Credit Analyst Take-Home Pay
Adjust the state and filing status to see your estimated after-tax income.
Estimated Take-Home Pay
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Tax Breakdown
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Pay Frequency Breakdown
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How to Become a Credit Analyst
Becoming a credit analyst typically requires relevant education, training, or certification in the field. Many employers also value practical experience, professional development, and industry-specific credentials.Credit Analyst Career Outlook
Employment of credit analysts is projected to grow steadily over the next decade, driven by continued demand across industries. Professionals who stay current with evolving requirements and build specialized expertise will find the strongest job prospects.Credit Analyst Salary FAQ
The median annual salary for credit analysts in the US is $72,600, with a typical range from $42,800 to $117,400 depending on experience and location.
The highest-paying states for credit analysts include NY, NJ, CT. These states typically have strong demand and higher costs of living.
Entry-level credit analysts can expect to earn around $47,190 per year, with salary increasing as they gain experience and expertise.
Being a credit analyst can be a rewarding career with solid compensation and growth potential. Job outlook is generally positive across most regions.
The median hourly rate for credit analysts is approximately $34.90, though this varies based on experience, location, and employer.