Credit Analysts Pay Range in Minnesota
Pay distribution across experience levels
- 10th Percentile — Entry Level$60,530
- 25th Percentile — Junior$73,080
- 50th Percentile — Median$82,630
- 75th Percentile — Senior$102,030
- 90th Percentile — Top Earners$131,610
Half of Credit Analysts in Minnesota earn more than $82,630. The top 10% make $131,610 or more, while entry-level workers start around $60,530.
Credit Analysts in Minnesota: Key Facts
Source: BLS OEWS May 2025
- Minnesota ranks 19th of 51 states for Credit Analysts pay, at $91,890 per year (8.9% below the U.S. average of $100,850).
- 1,110 people work as Credit Analysts in Minnesota — 1.7% of all U.S. Credit Analysts jobs.
- Location quotient 0.91: Credit Analysts jobs are less concentrated in Minnesota than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $60,530; the top 10% earn over $131,610.
- Hourly equivalent: $44.18 per hour (2,080 hours/year).
- The highest-paying state is New York at $150,390.
- Among business jobs in Minnesota, Personal Financial Advisors pays the most ($141,760).
Credit Analysts Job Market in Minnesota
Key factors affecting compensation
Minnesota's key industries are Healthcare, Finance, Manufacturing, and its job market is rated strong. Credit Analysts here earn $91,890 on average, placing the state 19th nationally.
With a cost-of-living index of 1.0 (U.S. = 1.00), a Minnesota salary of $91,890 is roughly equivalent to $91,890 at the national average cost of living.
Compared with nearby states in the pay ranking, Vermont ($95,670), Rhode Island ($93,620), Alabama ($93,100) are the closest alternatives for Credit Analysts weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Business Jobs in Minnesota
Related career salary benchmarks
- Personal Financial Advisors $141,760/yr Minnesota +54.3% vs this role
- Financial and Investment Analysts $108,280/yr Minnesota +17.8% vs this role
- Management Analysts $107,090/yr Minnesota +16.5% vs this role
- Financial Examiners $106,670/yr Minnesota +16.1% vs this role
- Loan Officers $104,700/yr Minnesota +13.9% vs this role
- Project Management Specialists $101,580/yr Minnesota +10.5% vs this role
- Budget Analysts $94,810/yr Minnesota +3.2% vs this role
- Appraisers and Assessors of Real Estate $94,700/yr Minnesota +3.1% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Credit Analysts salary in Minnesota?
The average Credit Analysts salary in Minnesota is $91,890 per year (median $82,630), which is 8.9% below the national average of $100,850.
How does Minnesota rank for Credit Analysts pay?
Minnesota ranks 19th out of 51 states. The highest-paying state is New York ($150,390/yr).
How much do entry-level Credit Analysts make in Minnesota?
The lowest-paid 10% of Credit Analysts in Minnesota earn about $60,530 per year and the 25th percentile is $73,080.
How much do Credit Analysts make per hour in Minnesota?
About $44.18 per hour, based on the $91,890 annual average and 2,080 working hours per year.
How many Credit Analysts work in Minnesota?
BLS counts 1,110 Credit Analysts jobs in Minnesota (OEWS May 2025).
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