Credit Analysts Salary in Michigan
Credit Analysts in Michigan earn a median annual wage of $74,640 —10.6% below the national median of $83,510. That ranks MI #37 of 51 covered states and territories for this occupation.
Wage distribution
How earnings are spread across workers in this occupation, from the 10th to the 90th percentile.
Employment is only 0.83× as concentrated as the national average — this occupation is relatively scarce in Michigan.
Highest-paying states for credit analysts
All 51 states ranked by median annual wage. Michigan is highlighted.
| # | State | Median annual | Median hourly | Employment | Location quotient |
|---|---|---|---|---|---|
| 1 | New York | $133,270 | $64.07 | 7,960 | 1.98 |
| 2 | District of Columbia | $132,590 | $63.74 | 50 | 0.16 |
| 3 | Virginia | $102,430 | $49.25 | 2,460 | 1.45 |
| 4 | New Jersey | $100,940 | $48.53 | 1,220 | 0.69 |
| 5 | Hawaii | $98,900 | $47.55 | 130 | 0.51 |
| 6 | Connecticut | $98,230 | $47.23 | 560 | 0.80 |
| 7 | California | $97,860 | $47.05 | 5,260 | 0.70 |
| 8 | Massachusetts | $97,080 | $46.68 | 1,400 | 0.93 |
| 9 | Delaware | $94,680 | $45.52 | 720 | 3.57 |
| 10 | North Carolina | $94,570 | $45.46 | 3,270 | 1.60 |
Related occupations in Michigan
Occupations in the same job family, compared within Michigan.
| Occupation | Michigan median | U.S. median |
|---|---|---|
| Accountants and Auditors | $78,820 | $83,680 |
| Business Operations Specialists, All Other | $81,810 | $83,050 |
| Project Management Specialists | $100,970 | $102,320 |
| Human Resources Specialists | $69,520 | $75,940 |
| Market Research Analysts and Marketing Specialists | $66,780 | $78,760 |
| Management Analysts | $93,640 | $101,860 |
Frequently asked questions
How much do credit analysts make in Michigan?
The median annual wage for credit analysts in Michigan is $74,640, or $35.89 per hour. That is 10.6% below the national median of $83,510.
What is the entry-level credit analysts salary in Michigan?
Workers at the 10th percentile earn $51,170 per year ($24.60/hour). The 25th percentile is $61,520.
How many people work as credit analysts in Michigan?
About 1,510 people work in this occupation in Michigan, or 0.3 per 1,000 jobs statewide.
Is Michigan a good state for credit analysts?
Michigan ranks #37 of 51 states by median wage for this occupation. Employment is only 0.83x as concentrated as the national average, so this occupation is relatively scarce in Michigan.
Which state pays credit analysts the most?
New York has the highest median wage at $133,270 per year, followed by District of Columbia ($132,590) and Virginia ($102,430).