Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Occupational Employment and Wage Statistics

Occupational Employment and Wages, May 2022

13-2041 Credit Analysts

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).


National estimates for Credit Analysts
Industry profile for Credit Analysts
Geographic profile for Credit Analysts

National estimates for Credit Analysts:

Employment estimate and mean wage estimates for Credit Analysts:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
71,960 1.5 % $ 44.32 $ 92,180 0.5 %

Percentile wage estimates for Credit Analysts:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $ 23.06 $ 28.99 $ 37.91 $ 50.91 $ 77.79
Annual Wage (2) $ 47,960 $ 60,290 $ 78,850 $ 105,900 $ 161,800


Industry profile for Credit Analysts:

Industries with the highest published employment and wages for Credit Analysts are provided. For a list of all industries with employment in Credit Analysts, see the Create Customized Tables function.

Industries with the highest levels of employment in Credit Analysts:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Credit Intermediation and Related Activities (5221 and 5223 only) 32,220 1.59 $ 43.30 $ 90,050
Nondepository Credit Intermediation 11,970 1.94 $ 41.96 $ 87,280
Management of Companies and Enterprises 9,550 0.36 $ 46.99 $ 97,740
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 5,260 0.52 $ 67.10 $ 139,570
Merchant Wholesalers, Durable Goods (4232, 4233, 4235, 4236, 4237, and 4239 only) 1,270 0.09 $ 32.32 $ 67,220

Industries with the highest concentration of employment in Credit Analysts:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Nondepository Credit Intermediation 11,970 1.94 $ 41.96 $ 87,280
Credit Intermediation and Related Activities (5221 and 5223 only) 32,220 1.59 $ 43.30 $ 90,050
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 5,260 0.52 $ 67.10 $ 139,570
Monetary Authorities-Central Bank 80 0.38 $ 58.88 $ 122,480
Management of Companies and Enterprises 9,550 0.36 $ 46.99 $ 97,740

Top paying industries for Credit Analysts:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 5,260 0.52 $ 67.10 $ 139,570
Monetary Authorities-Central Bank 80 0.38 $ 58.88 $ 122,480
Business Support Services 1,130 0.14 $ 50.93 $ 105,930
Automobile Dealers 1,080 0.09 $ 50.16 $ 104,330
Management of Companies and Enterprises 9,550 0.36 $ 46.99 $ 97,740


Geographic profile for Credit Analysts:

States and areas with the highest published employment, location quotients, and wages for Credit Analysts are provided. For a list of all areas with employment in Credit Analysts, see the Create Customized Tables function.



Map of employment of credit analysts by state, May 2022


States with the highest employment level in Credit Analysts:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
California 7,960 0.45 0.93 $ 47.10 $ 97,970
New York 7,520 0.83 1.70 $ 66.91 $ 139,170
Texas 6,450 0.50 1.02 $ 39.98 $ 83,170
Illinois 3,950 0.67 1.38 $ 46.19 $ 96,070
Florida 3,790 0.41 0.85 $ 40.98 $ 85,240


Map of location quotient of credit analysts by state, May 2022


States with the highest concentration of jobs and location quotients in Credit Analysts:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 7,520 0.83 1.70 $ 66.91 $ 139,170
South Dakota 350 0.81 1.67 $ 33.35 $ 69,360
North Carolina 3,320 0.71 1.47 $ 47.79 $ 99,400
Minnesota 1,930 0.68 1.40 $ 41.61 $ 86,540
Iowa 1,030 0.68 1.39 $ 43.34 $ 90,140


Map of annual mean wages of credit analysts by state, May 2022


Top paying states for Credit Analysts:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 7,520 0.83 1.70 $ 66.91 $ 139,170
Virginia 2,260 0.58 1.20 $ 49.75 $ 103,480
Rhode Island 120 0.25 0.52 $ 48.59 $ 101,060
North Carolina 3,320 0.71 1.47 $ 47.79 $ 99,400
California 7,960 0.45 0.93 $ 47.10 $ 97,970



Map of employment of credit analysts by area, May 2022


Metropolitan areas with the highest employment level in Credit Analysts:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-Newark-Jersey City, NY-NJ-PA 7,760 0.84 1.74 $ 66.98 $ 139,310
Los Angeles-Long Beach-Anaheim, CA 3,400 0.56 1.14 $ 43.03 $ 89,510
Chicago-Naperville-Elgin, IL-IN-WI 3,210 0.73 1.49 $ 48.51 $ 100,900
Dallas-Fort Worth-Arlington, TX 3,120 0.82 1.69 $ 41.45 $ 86,210
Charlotte-Concord-Gastonia, NC-SC 2,590 2.04 4.19 $ 48.91 $ 101,730
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1,830 0.66 1.36 $ 44.69 $ 92,940
Phoenix-Mesa-Scottsdale, AZ 1,810 0.81 1.67 $ 35.11 $ 73,020
Denver-Aurora-Lakewood, CO 1,430 0.92 1.90 $ 45.98 $ 95,630
San Francisco-Oakland-Hayward, CA 1,390 0.58 1.19 $ 60.55 $ 125,940
Minneapolis-St. Paul-Bloomington, MN-WI 1,380 0.73 1.50 $ 44.91 $ 93,420


Map of location quotient of credit analysts by area, May 2022


Metropolitan areas with the highest concentration of jobs and location quotients in Credit Analysts:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Charlotte-Concord-Gastonia, NC-SC 2,590 2.04 4.19 $ 48.91 $ 101,730
Des Moines-West Des Moines, IA 640 1.72 3.53 $ 49.19 $ 102,310
Richmond, VA 940 1.49 3.05 $ 50.03 $ 104,060
St. Cloud, MN 120 1.24 2.55 $ 31.89 $ 66,330
Sioux Falls, SD 200 1.22 2.52 $ 34.10 $ 70,940
Fond du Lac, WI 50 1.07 2.20 $ 35.60 $ 74,050
Fargo, ND-MN 140 0.99 2.03 $ 39.09 $ 81,310
Dalton, GA 60 0.97 2.00 $ 21.82 $ 45,390
Denver-Aurora-Lakewood, CO 1,430 0.92 1.90 $ 45.98 $ 95,630
Wausau, WI 60 0.90 1.85 $ 33.48 $ 69,640


Map of annual mean wages of credit analysts by area, May 2022


Top paying metropolitan areas for Credit Analysts:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-Newark-Jersey City, NY-NJ-PA 7,760 0.84 1.74 $ 66.98 $ 139,310
San Francisco-Oakland-Hayward, CA 1,390 0.58 1.19 $ 60.55 $ 125,940
San Jose-Sunnyvale-Santa Clara, CA 380 0.34 0.70 $ 54.38 $ 113,120
Danbury, CT 40 0.58 1.19 $ 54.29 $ 112,930
Modesto, CA 50 0.28 0.57 $ 53.30 $ 110,860
Coeur d'Alene, ID 40 0.56 1.15 $ 51.35 $ 106,800
Bridgeport-Stamford-Norwalk, CT 270 0.68 1.39 $ 51.32 $ 106,750
Washington-Arlington-Alexandria, DC-VA-MD-WV 1,210 0.40 0.82 $ 51.10 $ 106,280
Cape Coral-Fort Myers, FL 50 0.19 0.38 $ 50.39 $ 104,810
Kennewick-Richland, WA 40 0.37 0.76 $ 50.26 $ 104,540

Nonmetropolitan areas with the highest employment in Credit Analysts:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
South Central Wisconsin nonmetropolitan area 140 0.71 1.45 $ 26.67 $ 55,470
West Central Illinois nonmetropolitan area 130 0.82 1.68 $ 34.57 $ 71,910
Kansas nonmetropolitan area 90 0.24 0.49 $ 29.43 $ 61,220
Southwest Minnesota nonmetropolitan area 80 0.72 1.48 $ 37.04 $ 77,040
Western Pennsylvania nonmetropolitan area 80 0.60 1.23 $ 32.03 $ 66,630

Nonmetropolitan areas with the highest concentration of jobs and location quotients in Credit Analysts:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
West Central Illinois nonmetropolitan area 130 0.82 1.68 $ 34.57 $ 71,910
Southwest Minnesota nonmetropolitan area 80 0.72 1.48 $ 37.04 $ 77,040
South Central Wisconsin nonmetropolitan area 140 0.71 1.45 $ 26.67 $ 55,470
West Montana nonmetropolitan area 50 0.65 1.33 $ 34.13 $ 70,980
North Missouri nonmetropolitan area 60 0.62 1.27 $ 27.04 $ 56,240

Top paying nonmetropolitan areas for Credit Analysts:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
East Kentucky nonmetropolitan area 30 0.33 0.67 $ 43.36 $ 90,190
South Central Kentucky nonmetropolitan area 50 0.32 0.65 $ 41.24 $ 85,780
Southeast Oklahoma nonmetropolitan area 30 0.20 0.40 $ 39.16 $ 81,450
North Central Tennessee nonmetropolitan area 50 0.48 0.98 $ 38.78 $ 80,650
Piedmont North Carolina nonmetropolitan area 30 0.12 0.26 $ 38.66 $ 80,410


About May 2022 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.

The percentile wage estimate is the value of a wage below which a certain percent of workers fall. The median wage is the 50th percentile wage estimate—50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.


Other OEWS estimates and related information:

May 2022 National Occupational Employment and Wage Estimates

May 2022 State Occupational Employment and Wage Estimates

May 2022 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2022 National Industry-Specific Occupational Employment and Wage Estimates

May 2022 Occupation Profiles

Technical Notes

 

Last Modified Date: April 25, 2023