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Credit Analysts Salary in Massachusetts

How much does a Credit Analysts make in Massachusetts?

Last updated: 2024 data from the Bureau of Labor Statistics

$88,490
Median Annual Salary
$100,260
Mean Salary
$88,490
Median Salary
$42.54
Hourly Rate
1,740 people work as Credit Analysts in Massachusetts

About This Job: 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.

Top Skills

Critical Thinking
3.88
Reading Comprehension
3.62
Speaking
3.62
Active Learning
3.62
Active Listening
3.5

Key Knowledge Areas

Economics and Accounting
4.5
Mathematics
3.9
English Language
3.9
Law and Government
3.28
Administrative
3.0
Typical Education: Bachelor's Degree (95.0% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Credit Analysts in Massachusetts

Salaries for Credit Analysts in Massachusetts range from $61,090 at the 10th percentile (entry level) to $162,360 at the 90th percentile (experienced). The middle 50% earn between $67,560 and $123,460.

Median $88,490
P10: $61,090 P25: $67,560 P75: $123,460 P90: $162,360
10th
$61,090
25th
$67,560
Median
$88,490
75th
$123,460
90th
$162,360
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $61,090 $29.37 $5,090
25th Percentile $67,560 $32.48 $5,630
Median (50th) $88,490 $42.54 $7,374
75th Percentile $123,460 $59.36 $10,288
90th Percentile (Experienced) $162,360 $78.06 $13,530

Note: The mean (average) salary of $100,260 differs from the median because salary distributions are typically skewed by high earners.

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What does this salary really buy? See Credit Analysts salary in Massachusetts adjusted for cost of living →

Credit Analysts Salary by State

Compare Credit Analysts pay across states — sorted by highest median salary.

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Frequently Asked Questions

How much does a Credit Analysts make in Massachusetts?
The median annual salary for a Credit Analysts in Massachusetts is $88,490 as of 2024. The average (mean) salary is $100,260.
What is the salary range for a Credit Analysts in Massachusetts?
Salaries for Credit Analysts in Massachusetts range from $61,090 at the 10th percentile to $162,360 at the 90th percentile. The middle 50%% earn between $67,560 and $123,460.
What is the starting salary for a Credit Analysts in Massachusetts?
Entry-level Credit Analysts positions in Massachusetts typically start around $61,090 (10th percentile). With some experience, salaries rise to $67,560 (25th percentile).
How many people work as Credit Analysts in Massachusetts?
According to 2024 BLS data, approximately 1,740 people are employed as Credit Analysts in Massachusetts.
What is the hourly rate for a Credit Analysts in Massachusetts?
Based on a standard 2,080-hour work year, the median hourly rate for a Credit Analysts in Massachusetts is approximately $42.54 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS