Credit Analysts
Wages & Outlook
Typical Wages
Wages listed below are for a variety of experience and education levels. Make sure that you research the typical entry-level education and work experience and training requirements for this occupation.
This is a very high-wage career. It pays well above the statewide median wage.
Wages for Credit Analysts *
U S |
$29.57 | $38.66 | $51.92 |
|---|---|---|---|
Minnesota |
$29.53 | $38.88 | $50.73 |
Central Minnesota |
$27.07 | $29.53 | $38.62 |
Northeast Minnesota |
$23.41 | $24.63 | $32.58 |
Northwest Minnesota |
$25.52 | $29.98 | $42.67 |
Southeast Minnesota |
$24.22 | $29.62 | $38.80 |
Southwest Minnesota |
$25.46 | $32.43 | $39.65 |
Seven County Mpls-St Paul, MN |
$32.97 | $40.92 | $51.99 |
* "Low" indicates 25% of workers earn less and 75% earn more.
"Median" indicates 50% of workers earn less and 50% earn more.
"High" indicates 75% of workers earn less and 25% earn more.
Employment
In Minnesota, there are 1,930 workers employed in this small career.
Where do Credit Analysts most often work?
- Credit Intermediation and Related Activities
- Management of Companies and Enterprises
- Telecommunications
- Merchant Wholesalers, Durable Goods
- Insurance Carriers and Related Activities
Current Demand
This career is currently in moderate demand.
Future Demand
This career is shrinking.
There will be a need for about 1,739 new Credit Analysts to meet market demand between 2020-2030. This includes the demand due to replacement (workers leaving the occupation or retiring) as well as growth.
| U S | 73,000 | 68,800 | -4,300 | -5.8% |
|---|---|---|---|---|
| Minnesota | 2,274 | 2,154 | -120 | -5.3% |
| Central Minnesota | 271 | 258 | -13 | -4.8% |
| Northeast Minnesota | 34 | 35 | 1 | 2.9% |
| Northwest Minnesota | 113 | 110 | -3 | -2.7% |
| Southeast Minnesota | 197 | 187 | -10 | -5.1% |
| Southwest Minnesota | 174 | 169 | -5 | -2.9% |
| Seven County Mpls-St Paul, MN | 1,430 | 1,338 | -92 | -6.4% |
Source: You can learn about our data sources in the About Us section.