Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, aged to 2026 using compounded market movement. State selections show BLS state-level figures where published. Actual pay varies with experience, industry, and organization size.
Long-term incentive is not shown for this role. Equity awards are only disclosed publicly for the named executive officers of public companies, so no market figure exists for most jobs. See executive pay disclosures.
Typical experience: 0 to 3 years at the Analyst / Associate level, per widely used corporate career-level norms (Radford, Mercer, and SHRM career-level frameworks). Actual expectations vary by function, industry, and company size.
Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
Generate financial ratios, using computer programs, to evaluate customers' financial status.
Prepare reports that include the degree of risk involved in extending credit or lending money.
Analyze financial data, such as income growth, quality of management, and market share to determine expected profitability of loans.
Top skills:Critical ThinkingSpeakingReading ComprehensionActive LearningActive ListeningMathematics
Includes information from O*NET OnLine by the U.S. Department of Labor, Employment and Training Administration (CC BY 4.0).
Credit Analyst pay by experience level
Entry level$58,000
Typical starting pay (about the 10th percentile)
Early career$67,500
A few years in (about the 25th percentile)
Experienced$86,500
Mid-career median pay
Senior$126,500
Seasoned professionals (about the 75th percentile)
Top earners$175,000
Highest earners (about the 90th percentile)
Experience tiers are derived from the BLS wage percentile distribution for this occupation, aged to 2026. Actual pay varies by employer, location, and specialization.
Job outlook
-4.4%
projected change in jobs, 2024–2034
3,700
projected openings per year
Declining
Source: U.S. Bureau of Labor Statistics, Employment Projections program (2024–2034). Openings include growth and replacement needs.
Credit Analyst salary by industry
Credit Intermediation and Related Activities
40,370 workers
$101,500
Credit Intermediation and Related Activities (5221 and 5223 only)
30,150 workers
$103,000
Nondepository Credit Intermediation
10,220 workers
$98,000
Management of Companies and Enterprises
7,830 workers
$101,000
Management of Companies and Enterprises
7,830 workers
$101,000
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
National sector-level figures, BLS OEWS May 2025, aged to 2026.
Pay trend
National median annual wage, 2020 to 2025: $74,970 to $83,510.
+11.4% over this period
Medians as published each May in the BLS Occupational Employment and Wage Statistics national estimates. Nominal dollars, not adjusted for inflation. Source: U.S. Bureau of Labor Statistics, OEWS.
Pay by experience level
How annual pay for this occupation spreads from newcomers to the highest paid, aged to 2026.
Entry10th percentile
$58,000
Early career25th percentile
$67,500
Median50th percentile
$86,500
Experienced75th percentile
$126,500
Top earners90th percentile
$175,000
Bands are the 10th, 25th, 50th, 75th, and 90th percentile annual wages for this occupation nationally. Percentiles reflect the full mix of tenure, employer, and location, so they approximate but do not equal years of experience. Source: U.S. Bureau of Labor Statistics, OEWS national estimates.
Where this job pays most
Top-paying states for this occupation, average annual wage aged to 2026.
State averages for this occupation from the BLS OEWS state estimates. Cost of living differs by state; a higher wage does not always mean more buying power.
Source: U.S. Department of Labor, O*NET occupational database.
Typical duties and FLSA status
Core duties
Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
Generate financial ratios, using computer programs, to evaluate customers' financial status.
Prepare reports that include the degree of risk involved in extending credit or lending money.
Analyze financial data, such as income growth, quality of management, and market share to determine expected profitability of loans.
FLSA classification (typical)
Varies (typically Exempt if salaried) · Depends on duties and pay basis
Entry-level roles paid on a salary basis above the threshold typically qualify for the Professional or Administrative exemption. Roles paid hourly are Non-exempt regardless of duties. Actual classification depends on the specific job duties, salary basis, and any applicable state or local rules. The current federal salary threshold for exemption is $684 per week ($35,568 per year), per the 2020 Department of Labor rule; the 2024 rule that would have raised the threshold was struck down by federal court in November 2024.
Pay outlook
Five-year pay outlook for this title
2026$104,500
2027$108,000
2028$112,000
2029$116,000
2030$120,000
2031$124,000
Projection assumes market wages keep rising about 3.5% a year, consistent with recent wage growth measured by the BLS Employment Cost Index. It reflects market movement for the title, not individual raises or promotions, which vary.
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Sources and assumptions
Modeled market estimate, aged to 2026. Underlying source families are BLS OEWS May 2025 for BLS-mapped occupations and the 2018–19 collection for corporate titles. Annual aging is compounded at approximately 3–4%; geographic, industry and company-size repricing are modeled. See the role details and methodology for the applicable source and assumptions.
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The median market pay for a Credit Analyst in the United States is about $104,500 per year in 2026, based on WePayFairly's market model.
What is the salary range for a Credit Analyst?
Most Credit Analyst pay falls between about $67,500 (25th percentile) and $126,500 (75th percentile), with top earners above $175,000.
What does a Credit Analyst do?
Core responsibilities include: analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money; and complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
Is pay for Credit Analyst roles growing?
Yes. The national median wage for this occupation moved from $74,970 in 2020 to $83,510 in 2025, a change of +11.4% in nominal dollars.
How this role compares
Credit Analyst pays 11% above the average across 47 roles in the Business and Financial Operations job family (family average $94,500).
Similar-paying roles in Business and Financial Operations
Related occupations from O*NET OnLine, U.S. Department of Labor.
Frequently asked questions
How much does a Credit Analyst make?
The average base salary for a Credit Analyst in the United States is $104,500 per year, or about $50.24 per hour.
What is the typical salary range?
Pay typically falls between $67,500 and $127,000 per year (25th to 75th percentile) depending on experience, location, industry, and organization size.
How does this compare with other Business and Financial Operations roles?
The Business and Financial Operations job family averages $94,500 across 47 roles tracked by WePayFairly.
Need a defensible market price for this role? WePayFairly data is compiled from published survey sources and maintained by compensation professionals.
Need Credit Analyst pay benchmarked for your organization, or defensible compensation analysis for a dispute or valuation? Grahall builds it from primary sources, backed by an expert who testifies.
