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Occupational Employment and Wage Statistics
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Occupational Employment and Wages, May 2021

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)
68,770 1.5 % $ 42.32 $ 88,030 0.8 %

Percentile wage estimates for Credit Analysts:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $ 22.90 $ 29.08 $ 37.23 $ 48.68 $ 73.83
Annual Wage (2) $ 47,630 $ 60,490 $ 77,440 $ 101,250 $ 153,560


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) 32,060 1.60 $ 41.79 $ 86,920
Nondepository Credit Intermediation 12,540 2.02 $ 40.19 $ 83,600
Management of Companies and Enterprises 8,670 0.34 $ 44.39 $ 92,330
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 4,250 0.44 $ 59.98 $ 124,770
Business Support Services 1,270 0.15 $ 48.69 $ 101,260

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 12,540 2.02 $ 40.19 $ 83,600
Credit Intermediation and Related Activities (5221 and 5223 only) 32,060 1.60 $ 41.79 $ 86,920
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 4,250 0.44 $ 59.98 $ 124,770
Management of Companies and Enterprises 8,670 0.34 $ 44.39 $ 92,330
Monetary Authorities-Central Bank 60 0.31 $ 65.80 $ 136,860

Top paying industries for Credit Analysts:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Monetary Authorities-Central Bank 60 0.31 $ 65.80 $ 136,860
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 4,250 0.44 $ 59.98 $ 124,770
Automotive Equipment Rental and Leasing (8) (8) $ 49.68 $ 103,340
Business Support Services 1,270 0.15 $ 48.69 $ 101,260
Management, Scientific, and Technical Consulting Services 250 0.02 $ 47.41 $ 98,610


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 2021


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 7,090 0.43 0.88 $ 44.25 $ 92,050
New York 6,810 0.79 1.61 $ 62.24 $ 129,460
Texas 5,630 0.46 0.94 $ 38.95 $ 81,010
Florida 3,780 0.44 0.90 $ 39.83 $ 82,850
Illinois 3,370 0.60 1.23 $ 41.18 $ 85,660


Map of location quotient of credit analysts by state, May 2021


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)
South Dakota 420 0.99 2.02 $ 32.53 $ 67,670
New York 6,810 0.79 1.61 $ 62.24 $ 129,460
North Carolina 3,150 0.71 1.46 $ 44.73 $ 93,040
Missouri 1,870 0.68 1.40 $ 38.37 $ 79,810
Colorado 1,720 0.66 1.34 $ 43.72 $ 90,940


Map of annual mean wages of credit analysts by state, May 2021


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 6,810 0.79 1.61 $ 62.24 $ 129,460
Connecticut 740 0.47 0.96 $ 47.32 $ 98,430
New Jersey 2,390 0.62 1.27 $ 46.19 $ 96,080
Virginia 2,070 0.55 1.13 $ 46.15 $ 95,990
Iowa 760 0.51 1.05 $ 44.90 $ 93,390



Map of employment of credit analysts by area, May 2021


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 7,370 0.85 1.74 $ 61.99 $ 128,950
Los Angeles-Long Beach-Anaheim, CA 3,040 0.53 1.09 $ 41.74 $ 86,820
Dallas-Fort Worth-Arlington, TX 2,730 0.76 1.56 $ 41.81 $ 86,960
Chicago-Naperville-Elgin, IL-IN-WI 2,700 0.64 1.31 $ 43.09 $ 89,630
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2,490 0.94 1.92 $ 43.07 $ 89,580
Charlotte-Concord-Gastonia, NC-SC 2,270 1.88 3.85 $ 46.32 $ 96,350
Phoenix-Mesa-Scottsdale, AZ 1,420 0.67 1.37 $ 32.02 $ 66,600
San Francisco-Oakland-Hayward, CA 1,330 0.59 1.22 $ 56.67 $ 117,860
Denver-Aurora-Lakewood, CO 1,320 0.90 1.84 $ 46.31 $ 96,320
Minneapolis-St. Paul-Bloomington, MN-WI 1,240 0.68 1.39 $ 44.20 $ 91,940


Map of location quotient of credit analysts by area, May 2021


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 2,270 1.88 3.85 $ 46.32 $ 96,350
Sioux Falls, SD 250 1.61 3.30 $ 34.09 $ 70,910
Richmond, VA 990 1.60 3.28 $ 47.11 $ 97,980
Trenton, NJ 290 1.29 2.65 $ 42.50 $ 88,400
St. Cloud, MN 120 1.21 2.48 $ 31.00 $ 64,480
Des Moines-West Des Moines, IA 400 1.12 2.29 $ 50.84 $ 105,740
Tulsa, OK 440 1.04 2.14 $ 32.09 $ 66,760
Jacksonville, FL 690 1.01 2.07 $ 40.05 $ 83,300
Spokane-Spokane Valley, WA 230 0.99 2.02 $ 37.11 $ 77,200
Cleveland, TN 40 0.95 1.95 (8) (8)


Map of annual mean wages of credit analysts by area, May 2021


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 7,370 0.85 1.74 $ 61.99 $ 128,950
Danbury, CT 50 0.67 1.37 $ 58.44 $ 121,560
San Francisco-Oakland-Hayward, CA 1,330 0.59 1.22 $ 56.67 $ 117,860
Bridgeport-Stamford-Norwalk, CT 310 0.81 1.67 $ 52.58 $ 109,360
Des Moines-West Des Moines, IA 400 1.12 2.29 $ 50.84 $ 105,740
Cedar Rapids, IA 110 0.81 1.66 $ 49.05 $ 102,020
Atlanta-Sandy Springs-Roswell, GA 890 0.34 0.71 $ 47.14 $ 98,040
Durham-Chapel Hill, NC 140 0.43 0.89 $ 47.11 $ 97,980
Richmond, VA 990 1.60 3.28 $ 47.11 $ 97,980
Charlotte-Concord-Gastonia, NC-SC 2,270 1.88 3.85 $ 46.32 $ 96,350

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)
West Central Illinois nonmetropolitan area 120 0.75 1.54 $ 32.82 $ 68,260
North Northeastern Ohio nonmetropolitan area (noncontiguous) 110 0.35 0.72 $ 31.23 $ 64,960
Southeast Minnesota nonmetropolitan area 100 0.64 1.31 $ 40.09 $ 83,380
North Texas Region of Texas nonmetropolitan area 90 0.34 0.70 $ 29.22 $ 60,770
Southwest Minnesota nonmetropolitan area 90 0.76 1.55 $ 34.28 $ 71,300

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)
Southwest Minnesota nonmetropolitan area 90 0.76 1.55 $ 34.28 $ 71,300
West Central Illinois nonmetropolitan area 120 0.75 1.54 $ 32.82 $ 68,260
East South Dakota nonmetropolitan area 80 0.67 1.37 $ 29.50 $ 61,370
Southeast Minnesota nonmetropolitan area 100 0.64 1.31 $ 40.09 $ 83,380
Western Pennsylvania nonmetropolitan area 70 0.49 1.00 $ 31.67 $ 65,870

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)
Southeast Coastal North Carolina nonmetropolitan area 30 0.14 0.29 $ 44.19 $ 91,920
Southwest Colorado nonmetropolitan area 40 0.36 0.74 $ 41.48 $ 86,290
Southeast Minnesota nonmetropolitan area 100 0.64 1.31 $ 40.09 $ 83,380
Southern Pennsylvania nonmetropolitan area 40 0.23 0.47 $ 39.42 $ 81,990
Northwest Colorado nonmetropolitan area 40 0.34 0.69 $ 39.32 $ 81,790


About May 2021 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.

(8) Estimate not released.

(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 2021 National Occupational Employment and Wage Estimates

May 2021 State Occupational Employment and Wage Estimates

May 2021 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2021 National Industry-Specific Occupational Employment and Wage Estimates

May 2021 Occupation Profiles

Technical Notes

 

Last Modified Date: March 31, 2022