How much does a credit analyst make?
a year · about $40 an hour
A typical credit analyst in the United States makes $83,510 a year, about $40 an hour, about 1.6× a typical US worker (median, May 2025, US Bureau of Labor Statistics).
What do they do?
At a computer, they examine a person’s or company’s financial statements and credit history, then calculate ratios to judge lending risk. They prepare a risk report and may send a loan summary to a committee.
Did you know? Credit analysts may compare a business with similar businesses in the same industry and area before judging its credit risk.
Is that a lot?
Compared with jobs you knowIf 100 people had this job
Most earn between $56,250 and $169,230How do you become one?
Most U.S. credit analysts need a bachelor’s degree and often begin after college, usually in their early 20s. The optional NACM Credit Business Associate credential shows knowledge of accounting, financial-statement analysis, and business credit.
School needed: Usually a bachelor's degree
Good for people who like keeping things organized and leading and selling
Why does pay differ?
In the United States, credit analysts with more experience or education may earn more than newcomers. Pay also differs by location and industry, so analysts working for different kinds of employers or in different places may be paid differently.
Where does it pay most?
Highest in New York ($133,270), lowest in Indiana ($62,660).
See every state
Top 5 and bottom 3 states, typical (median) yearly pay.
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Data table and sources
| Lower earner (10th from bottom) | Typical person (median) | Higher earner (10th from top) | People in this job |
|---|---|---|---|
| $56,250 | $83,510 | $169,230 | about 64,000 |
| State | Typical person (median) | People in this job |
|---|---|---|
| New York | $133,270 | about 8,000 |
| Virginia | $102,430 | about 2,000 |
| New Jersey | $100,940 | about 1,000 |
| Connecticut | $98,230 | about 560 |
| California | $97,860 | about 5,000 |
Official definition: Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decisionmaking. Excludes “Financial Risk Specialists” (13-2054).
Source: US Bureau of Labor Statistics, OEWS May 2025 (bls.gov); descriptions and related jobs from O*NET 31.0. Figures as of May 2025, full-time yearly pay (hourly × 2,080 hours). bls.gov/oes · O*NET OnLine
Pages used for the text
- www.onetonline.org/link/details/13-2041.00
- www.mynextmove.org/profile/summary/13-2041.00
- nacm.org/certification/cba.html
- www.bls.gov/oes/earnings.htm
- nces.ed.gov/pubs/96158.pdf
Data: US BLS OEWS, May 2025 · 1 USD = 150 JPY