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 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

Wilmington, DE
$84,656
Pop. 70,898
Newark, DE
$82,347
Pop. 33,398
Bear, DE
$80,038
Pop. 21,000
Middletown, DE
$79,269
Pop. 22,350

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.