The average salary for a credit analyst in Michigan is around $71,070 per year.
Avg Salary
Credit analysts earn an average yearly salary of $71,070.
Wages typically start from $39,250 and go up to $128,686.
23% above national average Updated in 2018
Credit analyst earnings by seniority
90th percentile
Top-level credit analyst earnings begin at:
$61.87 per hour
$128,686 per year
75th percentile
Senior-level credit analyst earnings begin at:
$46.70 per hour
$97,139 per year
50th percentile
Mid-level credit analyst earnings begin at:
$34.17 per hour
$71,070 per year
25th percentile
Junior-level credit analyst earnings begin at:
$25.00 per hour
$51,997 per year
10th percentile
Starting level credit analyst earnings begin at:
$18.87 per hour
$39,250 per year
Approximate values based on highest and lowest earning segments.
Credit analyst salary by state
| State Name | Average Salary |
|---|---|
| Virginia | $80,380 |
| Hawaii | $79,230 |
| California | $79,210 |
| New Hampshire | $77,840 |
| New Jersey | $77,530 |
| Connecticut | $76,510 |
| Massachusetts | $76,220 |
| North Carolina | $74,050 |
| Minnesota | $73,910 |
| Florida | $72,120 |
| Washington | $71,420 |
| Pennsylvania | $71,292 |
| Michigan | $71,070 |
| Kentucky | $70,860 |
| Nevada | $70,540 |
| Ohio | $70,500 |
| Oregon | $70,450 |
| Colorado | $69,810 |
| Texas | $69,270 |
| Illinois | $69,075 |
| Rhode Island | $66,140 |
| North Dakota | $65,430 |
| Alabama | $64,787 |
| Montana | $64,730 |
| Missouri | $64,290 |
| Maryland | $64,100 |
| Maine | $63,850 |
| Georgia | $63,700 |
| Vermont | $62,450 |
| Idaho | $62,356 |
| Iowa | $62,150 |
| Wisconsin | $61,670 |
| South Carolina | $60,850 |
| Louisiana | $60,280 |
| Kansas | $60,110 |
| Indiana | $59,555 |
| Nebraska | $59,490 |
| West Virginia | $59,420 |
| Utah | $59,260 |
| South Dakota | $58,980 |
| New Mexico | $58,640 |
| Wyoming | $57,180 |
| Tennessee | $57,020 |
| Arizona | $55,760 |
| Delaware | $55,290 |
| Arkansas | $52,590 |
| Mississippi | $50,830 |
| Oklahoma | $49,670 |
| Guam | $49,360 |
| Puerto Rico | $32,450 |
| District of Columbia | $106,750 |
| New York | $102,620 |
How do credit analyst salaries compare to similar careers?
Credit analysts earn about the same as related careers in Michigan. On average, they make less than actuaries but more than auditors.
| Career | Median Salary |
|---|---|
| Actuary salary | $80K |
| Business analyst salary | $79K |
| Operations research analyst salary | $88K |
| Financial analyst salary | $78K |
| Statistician salary | $78K |
| Credit analyst salary | $71K |
| Securities and commodities broker salary | $51K |
| Stock trader salary | $51K |
| Budget analyst salary | $79K |
| Auditor salary | $66K |
Source: CareerExplorer (Aggregated)