Business & Finance Dover, DE Pop. 39,403

Credit Analyst Salary in Dover, Delaware

The median credit analyst salary in Dover, DE is $77,730 per year, which is 1.0% above the national median and 4.7% below the Delaware state average.

City Median
$77,730
vs State Avg
$-3,848
vs National
+$770
Cost of Living
96%

Credit Analyst Pay in Dover: What to Expect (2026)

Dover offers a median credit analyst salary of $77,730, which is $3,848 below the Delaware state average of $81,578. Compared to the national median of $76,960, Dover pays above average for this role.

Dover's cost of living is 96% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for credit analysts in Dover spans from $46,460 at the 10th percentile to $126,250 at the 90th percentile — a $79,790 spread. Entry-level professionals start around $48,480, while senior credit analysts with 8+ years of experience can earn up to $121,200. Dover is a smaller market (pop. 39,403), which may mean fewer openings but also less competition for available positions.

Credit Analyst Salary in Dover by Experience

In Dover, an entry-level credit analyst earns around $48,480, while experienced professionals earn up to $121,200 per year. The local cost of living index is 96% of the national average.

Entry Level (0-2 yrs)
$48,480
+$480 vs national
Mid Level (3-7 yrs)
$78,780
+$780 vs national
Senior Level (8+ yrs)
$121,200
+$1,200 vs national

Salary Percentiles in Dover, DE

Percentile Dover
10th Percentile $46,460
25th Percentile $59,590
Median (50th) $77,730
75th Percentile $101,000
90th Percentile $126,250

Credit Analyst Salary in Other Delaware Cities

How to Become a Credit Analyst in Dover

Education

Most credit analyst positions require a bachelor's degree. Dover and the surrounding Delaware area have institutions offering relevant programs.

Key Skills

Financial AnalysisCredit RiskExcelFinancial StatementsReport WritingAttention to Detail

Job Outlook

Nationally, credit analyst employment is projected to grow 5% over the next decade (faster than average). Demand in Dover may vary based on local industry and population growth.

Find Credit Analyst Jobs in Dover

Browse open credit analyst positions in Dover, DE:

Frequently Asked Questions: Credit Analyst Salary in Dover

How much does a Credit Analyst make in Dover, DE? ▼
The median credit analyst salary in Dover, Delaware is $77,730 per year, which is 1.0% above the national median of $76,960. Salaries range from $46,460 (10th percentile) to $126,250 (90th percentile).
How much does a Credit Analyst make per hour in Dover? ▼
Based on the median annual salary of $77,730, a credit analyst in Dover earns approximately $37 per hour assuming a standard 2,080-hour work year.
How does Dover compare to the Delaware state average for credit analyst pay? ▼
Dover's median credit analyst salary of $77,730 is 4.7% below the Delaware state average of $81,578. The local cost of living index is 96% of the national average.
What is the cost of living in Dover, DE? ▼
Dover has a cost of living index of 96% compared to the national average. This means a credit analyst salary of $77,730 in Dover has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a credit analyst in Dover? ▼
Most credit analyst positions in Dover require a bachelor's degree. Key skills include Financial Analysis, Credit Risk, Excel, Financial Statements. The job market is projected to grow 5% nationally over the next decade.