AmericaByNumbers.com

Credit Analysts Salary in Minnesota

How much does a Credit Analysts make in Minnesota?

Last updated: 2024 data from the Bureau of Labor Statistics

$79,280
Median Annual Salary
$87,690
Mean Salary
$79,280
Median Salary
$38.12
Hourly Rate
1,190 people work as Credit Analysts in Minnesota

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 Minnesota

Salaries for Credit Analysts in Minnesota range from $58,710 at the 10th percentile (entry level) to $129,660 at the 90th percentile (experienced). The middle 50% earn between $64,070 and $100,380.

Median $79,280
P10: $58,710 P25: $64,070 P75: $100,380 P90: $129,660
10th
$58,710
25th
$64,070
Median
$79,280
75th
$100,380
90th
$129,660
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $58,710 $28.23 $4,892
25th Percentile $64,070 $30.80 $5,339
Median (50th) $79,280 $38.12 $6,606
75th Percentile $100,380 $48.26 $8,365
90th Percentile (Experienced) $129,660 $62.34 $10,805

Note: The mean (average) salary of $87,690 differs from the median because salary distributions are typically skewed by high earners.

🚀 What To Do Next

Some links may be affiliate links. See our Affiliate Disclosure.

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

Credit Analysts Salary by State

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

View all 50 states →

Frequently Asked Questions

How much does a Credit Analysts make in Minnesota?
The median annual salary for a Credit Analysts in Minnesota is $79,280 as of 2024. The average (mean) salary is $87,690.
What is the salary range for a Credit Analysts in Minnesota?
Salaries for Credit Analysts in Minnesota range from $58,710 at the 10th percentile to $129,660 at the 90th percentile. The middle 50%% earn between $64,070 and $100,380.
What is the starting salary for a Credit Analysts in Minnesota?
Entry-level Credit Analysts positions in Minnesota typically start around $58,710 (10th percentile). With some experience, salaries rise to $64,070 (25th percentile).
How many people work as Credit Analysts in Minnesota?
According to 2024 BLS data, approximately 1,190 people are employed as Credit Analysts in Minnesota.
What is the hourly rate for a Credit Analysts in Minnesota?
Based on a standard 2,080-hour work year, the median hourly rate for a Credit Analysts in Minnesota is approximately $38.12 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