The average salary for a credit analyst in Illinois is around $84,990 per year.
Avg Salary
Credit analysts earn an average yearly salary of $84,990.
Wages typically start from $58,400 and go up to $172,180.
42% above national average Updated in 2025
Credit analyst earnings by seniority
Top-level credit analyst earnings begin at:
$82.78 per hour
$172,180 per year
Senior-level credit analyst earnings begin at:
$61.86 per hour
$128,660 per year
Mid-level credit analyst earnings begin at:
$40.86 per hour
$84,990 per year
Junior-level credit analyst earnings begin at:
$32.49 per hour
$67,580 per year
Starting level credit analyst earnings begin at:
$28.08 per hour
$58,400 per year
Approximate values based on highest and lowest earning segments.
Credit analyst salary by state
| State Name | Average Salary |
|---|---|
| Hawaii | $98,900 |
| Connecticut | $98,230 |
| California | $97,860 |
| Massachusetts | $97,080 |
| Delaware | $94,680 |
| North Carolina | $94,570 |
| Washington | $91,160 |
| Rhode Island | $85,920 |
| Illinois | $84,990 |
| Minnesota | $82,630 |
| Maine | $81,750 |
| Alaska | $81,340 |
| Colorado | $81,270 |
| Oregon | $80,380 |
| Pennsylvania | $80,280 |
| Alabama | $79,970 |
| Nebraska | $79,730 |
| Ohio | $79,720 |
| Idaho | $79,650 |
| Kentucky | $79,290 |
| Texas | $78,730 |
| Florida | $78,360 |
| Georgia | $77,990 |
| New Hampshire | $77,980 |
| South Carolina | $77,530 |
| Arizona | $77,020 |
| Iowa | $76,760 |
| Maryland | $75,390 |
| Oklahoma | $75,330 |
| Mississippi | $74,880 |
| North Dakota | $74,810 |
| Montana | $74,650 |
| Michigan | $74,640 |
| Utah | $74,430 |
| Louisiana | $73,210 |
| Kansas | $73,120 |
| Nevada | $73,090 |
| South Dakota | $73,040 |
| Tennessee | $72,550 |
| New Mexico | $72,160 |
| Arkansas | $71,370 |
| Vermont | $71,220 |
| Wisconsin | $68,690 |
| Missouri | $65,350 |
| Indiana | $62,660 |
| Wyoming | $62,210 |
| West Virginia | $57,320 |
| Guam | $49,360 |
| Puerto Rico | $37,270 |
| New York | $133,270 |
| District of Columbia | $132,590 |
| Virginia | $102,430 |
| New Jersey | $100,940 |
How do credit analyst salaries compare to similar careers?
Credit analysts earn about the same as related careers in Illinois. On average, they make less than securities and commodities brokers but more than risk management specialists.
| Career | Median Salary |
|---|---|
| Securities and commodities broker salary | $100K |
| Stock trader salary | $100K |
| Fundraising manager salary | $106K |
| Business analyst salary | $104K |
| Financial analyst salary | $101K |
| Credit analyst salary | $85K |
| Underwriter salary | $90K |
| Budget analyst salary | $95K |
| Consultant salary | $82K |
| Risk management specialist salary | $81K |
Source: CareerExplorer (Aggregated)