How much does a credit analyst make?
Answer: A typical credit analyst in the United States makes $83,510 a year (median, May 2025, US Bureau of Labor Statistics).
Line up 100 people; this is the one in the middle (median). about 64,000 people work in this job. Well above the US-wide typical pay ($50,980).
If 100 people had this job
Lowest at bottom-left, highest at top-rightHover over a person to see their yearly pay
Credit analyst pay in the United States (May 2025, median and spread)
| 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 |
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.
What if you lived in a different state?
Pay varies a lot by state in the USTop 5 and bottom 3 states, typical (median) yearly pay.
What does a credit analyst do?
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).
What's a typical day like?
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.
How to get this job
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.
Usually a bachelor's degree (preparation level 4 of 5)
Good for people who like keeping things organized and leading and selling.
Did you know?
Credit analysts may compare a business with similar businesses in the same industry and area before judging its credit risk.
Similar jobs
Jobs using similar skills (O*NET)Earn more in the same field
Business and Financial Operations jobs that pay a bit moreSources and data
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