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Credit Analyst

Average base salary, Arkansas
$85,500 / year
$7,150 per month · $41.11 per hour

BLS May 2025 state data for Arkansas · median $74,000
25th percentile
$54,000
Average
$85,500
75th percentile
$99,000
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.
Credit Analyst salary by state
Alabama$96,500
Alaska$81,000
Arizona$87,000
Arkansas$85,500
California$117,500
Colorado$102,500
Connecticut$106,000
Delaware$109,000
Florida$93,000
Georgia$92,500
Hawaii$108,000
Idaho$89,500
Illinois$106,500
Indiana$73,500
Iowa$84,500
Kansas$87,500
Kentucky$90,500
Louisiana$84,000
Maine$90,000
Maryland$87,500
Michigan$80,500
Minnesota$95,000
Missouri$78,500
Montana$87,500
Nebraska$86,500
Nevada$86,500
New Jersey$116,500
New Mexico$83,000
New York$155,500
Ohio$92,000
Oklahoma$92,500
Oregon$93,500
Tennessee$84,500
Texas$91,500
Utah$89,500
Vermont$99,000
Virginia$121,500
Washington$102,000
Wisconsin$83,000
Wyoming$68,500
About this role

Credit Analyst is a professional role in the Business and Financial Operations job family, focused on Credit Analyst work. Pay for this title reflects both its level and its scope; see our Title Level and Organization Responsibility guides for how WePayFairly defines them.

What Credit Analysts do

Typical education: Bachelor's Degree

  • 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 Thinking Speaking Reading Comprehension Active Learning Active Listening Mathematics

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

5,330 workers

$160,500

Administrative and Support Services

2,170 workers

$107,500

Merchant Wholesalers, Durable Goods

2,150 workers

$81,500

Merchant Wholesalers, Durable Goods (4232, 4233, 4235, 4236, 4237, and 4239 only)

1,310 workers

$78,500

Business Support Services

1,110 workers

$136,000

National sector-level figures, BLS OEWS May 2025, aged to 2026.
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).

Careers related to Credit Analyst
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.

Explore Market DataOur Methodology

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