Business and Financial Operations Occupations
BLS May 2025 wages Wide pay band SOC 13-2041

Credit Analysts

The published band from $56,250 to $169,230 is the distinctive signal for this role, not a twin of Personal Financial Advisors.

Full salary details → About this data

Same-major-group titles next to Credit Analysts: Personal Financial Advisors ($105K) , Market Research Analysts and Marketing Specialists ($79K) , Business Operations Specialists, All Other ($83K) , Financial Examiners ($94K) . Hash-ordered per card so residual SOC siblings do not share an identical peer sentence.

What Credit Analysts publish as work

O*NET task statements for SOC 13-2041 - occupation-level descriptions, not every employer's posting. Sibling cards diverge here because the task set is entity-keyed.

  1. 1. Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money
  2. 2. Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval
  3. 3. Generate financial ratios, using computer programs, to evaluate customers' financial status
  4. 4. Prepare reports that include the degree of risk involved in extending credit or lending money
  5. 5. Analyze financial data, such as income growth, quality of management, and market share to determine expected profitability of loans
  6. 6. Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same…
  7. 7. Contact customers to collect payments on delinquent accounts
  8. 8. Evaluate customer records and recommend payment plans, based on earnings, savings data, payment history, and purchase activity
  9. 9. Review individual or commercial customer files to identify and select delinquent accounts for collection
  10. 10. Confer with credit association and other business representatives to exchange credit information
  11. 11. Consult with customers to resolve complaints and verify financial and credit transactions

Credit Analysts: O*NET ranks Critical Thinking first

Importance-ranked O*NET profile for SOC 13-2041 - lead skill Critical Thinking at 3.9 ; lead knowledge Economics and Accounting. Sibling cards diverge here even when peer titles overlap.

Top skills

  1. 1. Critical Thinking 3.9
  2. 2. Reading Comprehension 3.6
  3. 3. Speaking 3.6
  4. 4. Active Learning 3.6
  5. 5. Active Listening 3.5
  6. 6. Mathematics 3.4
  7. 7. Writing 3.1
  8. 8. Judgment and Decision Making 3.1

Knowledge areas

  1. 1. Economics and Accounting 4.5
  2. 2. Mathematics 3.9
  3. 3. English Language 3.9
  4. 4. Law and Government 3.3
  5. 5. Administrative 3.0
  6. 6. Customer and Personal Service 2.9
Published pay band (10th to 90th)
$56,250 to $169,230
median $83,510 · ~3.0× spread
$84K
National median
↓ -4%
Growth 2024-2034
3,700
Annual openings
64,390
Estimated US jobs
Personal Financial Advisors
Highest-pay peer · $105K

Typical Entry and Preparation Assignments

Entry education Bachelor's degree

Top Paying States for Credit Analysts

1. Virginia $102,430
2. Connecticut $98,230
3. Hawaii $98,900
4. New York $133,270
5. Massachusetts $97,080
6. District of Columbia $132,590
7. New Jersey $100,940
8. Delaware $94,680
9. North Carolina $94,570
10. California $97,860

Other Business and Financial Operations Occupations titles

  1. 1. Business Operations Specialists, All Other $83,050
  2. 2. Personal Financial Advisors $105,070
  3. 3. Market Research Analysts and Marketing Specialists $78,760
  4. 4. Financial Examiners $94,160
  5. 5. Financial Specialists, All Other $81,100
  6. 6. Budget Analysts $91,640

The OEWS band for Credit Analysts runs from $56,250 (10th) to $169,230 (90th), about 3.0× wide, with median $83,510. That spread, not the midpoint alone, is the distinctive published fact.

Employment Projections expect -4% change between 2024 and 2034 (declining vs baseline 3.1%). About 3,700 annual openings are projected. BLS assigns Bachelor's degree as typical education needed for entry. These are occupation-level assignments, not universal requirements. BLS does not publish a separate occupation-specific safety rate for this role; its broad SOC-group rate is excluded from this career card's grade.

Highest published state median in this ranking: Virginia at $102,430. The table records differences without proving causes. Highest-pay peer shown here: Personal Financial Advisors at $105,070. Compare the same statistic in the relevant local wage area before treating the national median as a personal benchmark; OEWS excludes employer benefits.

Credit Analysts pay-rank #10 in Business and Financial Operations Occupations

Among 32 detailed Business and Financial Operations Occupations with a published OEWS median, Credit Analysts is pay-rank #10, the upper third of that major group. The order is ROW_NUMBER on national median (title as tiebreak), not a worker-level percentile.

Other upper-third titles · closest medians

Full Salary Details Compare this role

Data from U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025. Projections from BLS Employment Projections program, 2024-2034.

The 10th-to-90th percentile spread for Credit Analysts is unusually wide, so the state map and peer comparison carry more signal than the median alone.

Credit Analysts salary map

State, metro, and percentile for SOC 13-2041

Virginia · top state for Credit Analysts

$102K published median

Connecticut · #2 state pay

$98K · behind Virginia

Personal Financial Advisors

Highest-pay peer vs Credit Analysts · $105K

Market Research Analysts and Marketing Specialists

Lower-pay peer beside Credit Analysts · $79K

Compare Credit Analysts

Head-to-head OEWS medians with another SOC
Compare Credit Analysts with another occupation →

Pay-band next reads

Entry-Level vs Experienced Pay

What percentile bands reveal

Using Salary Data for Negotiation

Leverage BLS percentiles

Frequently Asked Questions

Which Business and Financial Operations Occupations titles sit near Credit Analysts at the top of the pay table? ▼
Credit Analysts is pay-rank #10 of 32 detailed Business and Financial Operations Occupations with an OEWS median, upper third. Nearest upper-third titles: Accountants and Auditors ($84K), Business Operations Specialists, All Other ($83K), Budget Analysts ($92K), Financial Examiners ($94K). Rank is ROW_NUMBER on national median.
What do credit analysts do day to day? ▼
O*NET lists published task statements for Credit Analysts. Leading ones include: Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money; Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval; Generate financial ratios, using computer programs, to evaluate customers' financial status; Prepare reports that include the degree of risk involved in extending credit or lending money. These are occupation-level task descriptions, not every employer's job description.
Which O*NET skills rank highest for credit analysts? ▼
For SOC 13-2041, O*NET importance scores lead with Critical Thinking (3.9), Reading Comprehension (3.6), Speaking (3.6), Active Learning (3.6). Knowledge areas emphasize Economics and Accounting, Mathematics, English Language. These are occupation-level profiles, not a hiring checklist for every employer.
How wide is the published pay band for Credit Analysts? ▼
OEWS places the 10th percentile at $56,250 and the 90th at $169,230 for Credit Analysts (3.0× spread). The national median is $83,510. OEWS does not isolate experience, employer, or geography as the cause of that spread.
What employment change does BLS publish for Credit Analysts? ▼
The 2024-2034 projection for Credit Analysts is -4%. Projected annual openings: about 3,700. Relative to the current all-occupations baseline of 3.1%: declining.
What typical entry education does BLS assign to Credit Analysts? ▼
BLS assigns Bachelor's degree as the typical-education-needed-for-entry category for Credit Analysts. These are occupation-level labels, not every employer's hiring rule.
Which three states show the highest OEWS medians for Credit Analysts? ▼
Virginia ($102,430), Connecticut ($98,230), Hawaii ($98,900) lead this ranking. The table does not identify why those state estimates differ.

Source data and WageDex calculations are identified in context on this page. Wage and state figures use BLS OEWS May 2025; growth and education use BLS Employment Projections for 2024-2034; safety fields cite BLS CFOI/SOII; task statements cite O*NET where shown. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.

Disclaimer: Wage and outlook figures on this page are provided for informational purposes only and do not constitute career, financial, or salary-negotiation advice. Actual pay varies by employer, experience, and local conditions; consult a career counselor or the hiring employer for guidance specific to your situation.

Source: U.S. Bureau of Labor Statistics, OES Occupational wage estimates by area and industry · 2025

Federal sources on this Credit Analysts card
  • BLS Occupational Employment and Wage Statistics (OEWS / OES) - national median and percentiles for SOC 13-2041. bls.gov/oes
  • O*NET OnLine - task and skill statements for Credit Analysts. onetcenter.org
  • BLS Employment Projections - 2024-2034 change and openings for this occupation. bls.gov/emp
  • U.S. Census Bureau ACS - demographic and labor-force context for state and metro geography. census.gov/programs-surveys/acs
  • IRS Statistics of Income (SOI) - payroll-tax aggregate context for wage comparisons. irs.gov/statistics