Credit analysts

Detailed Occupation

Add Comparison
2021 Workforce
34.3k
Average Age
40.3
Estimated Job Growth
−4.94%
10-year projection
Average Salary
$81,831
Average Male Salary
$95,203
Average Female Salary
$70,020

About

Credit analysts are most often employed by the Banking & related activities industry. The average yearly wage for Credit analysts was $81,831 in 2021.

The locations that employ the most Credit analysts are St. Cloud City PUMA, MN, Bellevue City PUMA, NE, and Kent County (Southeast) PUMA, MI. The locations with a relatively high concentration of Credit analysts are York Township PUMA, IL, St. Cloud City PUMA, MN, and Kent County (Southeast) PUMA, MI.

briefcaseEmployment

Employment and salary information for the Credit analysts workforce. Credit analysts workforce in 2021 was 34,300 people, of which 53.1% were women and 46.9% were men. Credit analysts are paid most in Fairfield, New Canaan, Wilton, Weston & Easton Towns PUMA, CT but are relatively concentrated in York Township PUMA, IL.

Employment Over Time

Metric
Grouping
16,087
Male Workforce
± 3.11k
18,213
Female Workforce
± 3.31k

The Credit analysts workforce in 2021 was 34,300 people (53.1% women and 46.9% men). This implies an average annual growth of 27% between 2014 (27,003) and 2021 (34,300).

View Data
Save Image
Add Data to Cart

Employment by Location

Level
Metric

This map shows the states in the United States shaded by average wage for Credit analysts.

During 2021, the states that concentrated the best average annual wage were Montana ($235,468), Connecticut ($187,833), and New York ($141,414).

View Data
Save Image
Add Data to Cart

Yearly Wage Ranking

$81,831
AVERAGE WAGE
#106 in the ranking (2021)
$59,596
NATIONAL AVERAGE WAGE
For all occupations across the US

In 2021, Credit analysts earned an average of $81,831, $22,235 more than the average national salary of $59,596

The graph shows the ranking of Credit analysts in relation to all Detailed Occupation in 2021.

View Data
Save Image
Add Data to Cart

Wage Distribution

Gender
0.375
WAGE GINI

In 2021, Credit analysts had a wage GINI coefficient of 0.375, which is lower than the national average of 0.478. In other words, wages are distributed more evenly for Credit analysts (shown in red) than for the overall labor force (shown in gray).

The graphic shows the distribution of average salaries by buckets for Credit analysts compared to the entire workforce in the country.

View Data
Save Image

rigIndustry

Information on the industries that employ Credit analysts and on wages for those in the field. Banking & related activities is the industry that employs the most Credit analysts, both by share and by number, though the highest paid industry for Credit analysts, by average wage, is Securities, commodities, funds, trusts & other financial investments ($149,120).

Occupations by Industries

Metric
Value
34.3k
2021 Workforce
± 4,546
4.26%
1 YEAR GROWTH
± 18.2%

This graphic shows the share of Credit analysts employed by various industries. Banking & related activities employs the largest share of Credit analysts at 68%, followed by Nondepository credit & related activities with 25.8% and Securities, commodities, funds, trusts & other financial investments with 6.26%.

View Data
Save Image
Add Data to Cart

geosearchDiversity

Demographic information on Credit analysts in the US. The workforce of Credit analysts in 2021 was 34,300 people, with 53.1% woman, and 46.9% men. The average age of male Credit analysts in the workforce is 37.9 and of female Credit analysts is 42.5, and the most common race/ethnicity for Credit analysts is White.

Gender and Age

Metric

The workforce of Credit analysts in 2021 was 34,300 people, with 53.1% woman, and 46.9% men.

The age ranges that concentrated the largest workforce were 25 to 29 years (5,328 people), 40 to 44 years (4,753  people), and 35 to 39 years (4,472 people). Among them they concentrated 42.9% of the total workforce.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Ethnicity

Gender

In 2021, 11.5% of Credit analysts workers were Hispanic and 88.5% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (76.5%), Colombian (12.2)%, and All Other Spanish/Hispanic/Latino (11.3)%

You can review this information by gender using the selectors above.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Races

In 2021, 75.7% of the Credit analysts workforce were White, of which 49.9% were women and 50.1% men. Other races that concentrated a significant number of workers were Black (9.03%) and Asian (7.4%).

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

learningEducation & Skills

Data on higher education choices for Credit analysts from The Department of Education and Census Bureau. The most common major for Credit analysts is Business but the most specialized major according to RCA in 2021 were Business.

Among the necessary skills for Credit analysts, Critical Thinking stands, but the revealed comparative advantage (RCA) shows that Credit analysts need more than the average amount of Mathematics.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.
Type of Majors
Degree

The most common majors achieved by Credit analysts in 2021 (counting all academic degrees) were Business (14,716 people), Social Sciences (2,124 people), and Communications (661 people).

You can review this information for different academic grades by modifying the option selected in the selector above.

View Data
Save Image
Add Data to Cart

Education Levels

Metric

The main educational levels achieved by the Credit analysts workers were Bachelors Degree (18,541 people), Graduate Degree (5,434 people), and Some college (4,811 people).

The graphic shows the Credit analysts workforce by gender and educational level.

View Data
Save Image
Add Data to Cart

Skills

Chart
Value

Data on the critical and distinctive skills necessary for Credit analysts from the Bureau of Labor Statistics. Credit analysts need many skills, but most especially Critical Thinking, Reading Comprehension, Speaking.

View Data
Save Image
Add Data to Cart

timeline-line-chartProjections

Projections on job growth for Credit Analysts from the Bureau of Labor Statistics. The 10-year national workforce is projected to grow 3.71%, but Credit Analysts are expected to see a growth of −4.94% over the same period. This occupation is expected to grow less than the national average.

Job Growth

−4.94%
Estimated Job Growth
10-year Projection
3.71%
National Growth
10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Credit analysts. This profession is expected to grow less than than 3.71%, the average rate of national job growth.

View Data
Save Image