TL;DR

About 67,370 credit analysts nationally earn a mean of $110,532. Projections imply about 2.4% annual decline; CA accounts for about 5,550 jobs in our geographic extract.

Key Statistics

67,370
2023 Workforce
None
Average Age
$110,532
Average Salary

Credit Analysts: what the data shows

Common questions about credit analysts careers, answered from BLS OEWS and O*NET in this repository.

What is a credit analysts?

Credit Analysts is tracked by the Bureau of Labor Statistics under SOC 13-2041.

U.S. employment in our OEWS extract is about 67,370 workers.

What does a credit analysts do?

O*NET work activities rated highest for this occupation include Analyzing Data or Information, Getting Information, Working with Computers, Processing Information, Communicating with Supervisors, Peers, or Subordinates, Making Decisions and Solving Problems, and related tasks. See Work Activities for the full list.

How much does a credit analysts make?

BLS national median annual wage: $80,970 (May 2024 in our extract).

Mean annual wage in our occupational extract: $110,532 — higher than the median, which often reflects top earners in the distribution.

Wage percentileAnnual wage
10th percentile$61,367
25th percentile$68,242
Median (50th)$89,998
75th percentile$132,563
90th percentile$197,852

What education do you need?

For Credit Analysts, O*NET incumbent surveys in our extract most often report: Some college (29%), High School or Equivalent (27%), Bachelors Degree (22%).

These are education levels of current workers, not minimum legal requirements.

What skills do you need?

O*NET ratings for this occupation emphasize skills such as Critical Thinking, Active Learning, Speaking, Reading Comprehension, Active Listening, Mathematics, and knowledge areas including Economics and Accounting, Mathematics, English Language, Law and Government. See Education & Skills for detail.

Is credit analysts in demand?

Historical employment trend in our series implies about 2.4% annual decline (compound rate in the extract).

Five-year projected employment change: -11.6%.

Ten-year projected employment change: -21.9%.

Current U.S. headcount: 67,370.

We report federal series only—compare wages, growth, and openings against your target market.

Where do credit analystss work?

Top industries by employment share in our OEWS industry extract:

IndustryEmploymentShare
Cross-industry67,37019.8%
Cross-industry, Private Ownership only67,05019.7%
Finance and Insurance48,61014.3%
Credit Intermediation and Related Activities41,85012.3%
Credit Intermediation and Related Activities (5221 and 5223 only)32,0409.4%
Securities, Commodity Contracts, and Other Financial Investments and Related Activities11,4203.4%

See Industry for charts.

What degrees lead to this career?

Common majors for Credit Analysts in O*NET:

See Related degrees.

What careers are related?

Other occupations linked through shared degree pathways in our mapping:

OccupationU.S. employmentMedian wage
Computer Hardware Engineers75,710$155,020
Computer Systems Analysts497,800$103,790
Electronics Engineers, Except Computer93,940$127,590
Information Security Analysts179,430$124,910
Budget Analysts47,170$87,930

Employment

Employment and salary information for the Credit Analysts workforce.

Employment Over Time

67,370 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 67,370 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 67,370 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.