Credit Analyst Salary (2025)
Credit analysts assess the creditworthiness of loan applicants.
The median Credit Analyst salary is $73,000 per year ($35/hour). Entry-level Credit Analysts earn around $48,000 while experienced Credit Analysts earn $110,000 or more annually.
Salary variation for Credit Analysts is driven by experience, specialization, and geographic location. Entry-level positions start at $48,000, while senior roles can reach $110,000. Specializations in commercial credit or risk management tend to offer higher salaries, particularly in regions like New York and California, where demand and cost of living are significantly higher.
AI-generated insight based on BLS data · For reference only
Salary Range
Median: $73,000 — positioned between entry and senior
Top Paying States for Credit Analysts
| State | Est. Annual Salary | vs. National |
|---|---|---|
| Hawaii | $104,000 | +42% |
| California | $101,000 | +38% |
| New York | $93,000 | +27% |
| Alaska | $91,000 | +25% |
| Massachusetts | $91,000 | +25% |
| New Jersey | $88,000 | +21% |
| Connecticut | $86,000 | +18% |
| Washington | $84,000 | +15% |
Estimates based on cost-of-living index adjustments. Actual salaries vary by employer and experience.
How to Become a Credit Analyst
Most Credit Analyst positions require: Bachelor's in Finance. Salaries typically increase significantly with experience and specialization.
Credit Analyst Salary by State
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Frequently Asked Questions
What is the average Credit Analyst salary?
The median Credit Analyst salary is $73,000 per year, which works out to approximately $35/hour based on a 40-hour work week.
How much does an entry-level Credit Analyst make?
Entry-level Credit Analysts typically earn around $48,000 per year. Salaries grow significantly with experience and specialization.
What is a senior Credit Analyst's salary?
Experienced Credit Analysts can earn up to $110,000 or more annually depending on location, employer, and specialization.
What education is required to become a Credit Analyst?
Most Credit Analyst positions require: Bachelor's in Finance.