Credit Analysts
Credit Analysts earn an average annual salary of $110,532, making it one of the higher-paying occupations. Professionals in this field are primarily employed in industries such as Cross-industry and Cross-industry, Private Ownership only. The field combines competitive compensation with strong employment opportunities, making it an attractive career path.
Key Statistics
Employment
Employment and salary information for the Credit Analysts workforce.
Employment Over Time
6,400 Workforce in 2023
The Credit Analysts workforce has been growing over time.
Historical employment trends for Credit Analysts.
Yearly Wage Ranking
$110,532 Average Wage
In 2023, Credit Analysts earned an average of $110,532.
Wage ranking compared to other occupations.
Wage Distribution
This chart shows the distribution of average salaries by income buckets for Credit Analysts.
Salary distribution for Credit Analysts.
Employment Growth Projections
-2.4% Compound Annual Growth Rate (CAGR)
21,155 Projected Employment (5 years)
Projected growth: -11.6%
18,695 Projected Employment (10 years)
Projected growth: -21.9%
This occupation is experiencing a decline. Consider related fields with better growth prospects.
Historical employment trends and future projections for Credit Analysts.
Industry
Information on the industries that employ Credit Analysts and on wages for those in the field.
Occupations by Industries
This graphic shows the share of Credit Analysts employed by various industries.
Industry distribution for Credit Analysts.
Wage Trends by Industry
6.5% Average Annual Wage Growth Rate
Historical wage growth trends by industry for Credit Analysts.
Geographic Distribution
Employment and wage information by geographic location for Credit Analysts.
Metropolitan employment on this page is from the California OEWS extract. Area names omit state codes; all listed metros are in California, so the state chart shows California totals (not a multi-state ranking).
Top States by Employment
Top States by Employment:
- CA: 5,550 employees, $107,867 avg wage
Top 10 states by employment for Credit Analysts.
Top Metropolitan Areas
Top Metropolitan Areas:
- Los Angeles-Long Beach-Glendale MD: 1,920 employees, $98,030 avg wage
- Anaheim-Santa Ana-Irvine MD: 810 employees, $94,912 avg wage
- San Francisco-San Mateo-Redwood City MD: 610 employees, $148,300 avg wage
- Oakland-Fremont-Berkeley MD: 440 employees, $143,970 avg wage
- San Diego-Chula Vista-Carlsbad MSA: 420 employees, $99,909 avg wage
- San Jose-Sunnyvale-Santa Clara MSA: 390 employees, $119,658 avg wage
- Sacramento-Roseville-Folsom MSA: 300 employees, $105,399 avg wage
- Riverside-San Bernardino-Ontario MSA: 180 employees, $90,783 avg wage
- Oxnard-Thousand Oaks-Ventura MSA: 110 employees, $87,747 avg wage
- Fresno MSA: 80 employees, $86,087 avg wage
Top 10 metropolitan statistical areas by employment for Credit Analysts.
Diversity
Demographic information on Credit Analysts in the US.
Gender and Age
The workforce of Credit Analysts in 2023 was 6,400 people, with 62.0% women and 38.0% men.
Gender and age distribution for Credit Analysts.
Races
Racial and ethnic shares when present in the career dataset. If the chart area shows a notice instead, occupational race/ethnicity fields are not yet populated for this extract.
Race and ethnicity distribution for Credit Analysts.
Education & Skills
Data on higher education choices and required skills for Credit Analysts.
Majors
The most common majors achieved by Credit Analysts in 2023 were Business Administration, Business, Social Sciences.
Common majors for Credit Analysts.
Education Levels
The main educational levels achieved by Credit Analysts workers.
Education level distribution for Credit Analysts.
Skills
Credit Analysts need many skills, but most especially Critical Thinking, Active Learning, Speaking, Reading Comprehension, Active Listening.
Required skills for Credit Analysts.
Knowledge & Abilities
Knowledge areas and abilities required for Credit Analysts.
Knowledge Areas
The most important knowledge areas for Credit Analysts include Economics and Accounting, Mathematics, English Language, Law and Government, Administrative.
Knowledge areas required for Credit Analysts.
Abilities
Key abilities needed for Credit Analysts include Oral Expression, Inductive Reasoning, Written Comprehension, Oral Comprehension, Number Facility.
Required abilities for Credit Analysts.
Work Activities
Common work activities performed by Credit Analysts.
Daily Activities
Credit Analysts spend their time on activities such as Analyzing Data or Information, Getting Information, Working with Computers, Processing Information, Communicating with Supervisors, Peers, or Subordinates.
Most important work activities for Credit Analysts.
About
Credit Analysts
The average yearly wage for Credit Analysts was $110,532 in 2023.
SOC Code
13-2041 - Credit Analysts
Insights and Analysis
High earnings profile: Credit Analysts reports an average salary of $110,532, placing it among stronger-paying occupations.
Labor market presence: The current workforce is approximately 6,400 workers, indicating sustained demand.
Forward outlook: Projected annual decline is -2.4%, which should inform long-term career planning.
Data Sources
This page uses data from the following sources:
- College Scorecard - U.S. Department of Education
- Institutional characteristics, costs, completion rates, and earnings data
- Data years: 2015-2024
- Source: collegescorecard.ed.gov
- Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
- Employment and wage data by occupation
- Latest data: May 2024
- Source: bls.gov/oes
- O*NET Online - U.S. Department of Labor
- Occupational skills, knowledge, abilities, and work activities
- Database version: 28.0 (August 2023)
- Source: onetcenter.org
- IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
- Institutional data, completions, enrollment, and financial aid
- Data years: 2015-2024
- Source: nces.ed.gov/ipeds
- Census Bureau American Community Survey (ACS)
- Demographic and workforce data
- Latest data: 2023 ACS 5-Year Estimates
- Source: census.gov/acs
Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.
Last Updated: Data reflects the most recent available information as of January 2025.
Methodology
Data for this profile is sourced from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS), Census Bureau American Community Survey (ACS), and O*NET Online.
All wage figures represent annual averages and may vary by location, industry, and experience level.