Business & Finance Newark, DE Pop. 33,398

Credit Analyst Salary in Newark, Delaware

The median credit analyst salary in Newark, DE is $82,347 per year, which is 7.0% above the national median and 0.9% above the Delaware state average.

City Median
$82,347
vs State Avg
+$769
vs National
+$5,387
Cost of Living
102%

Credit Analyst Salary in Newark by Experience

In Newark, an entry-level credit analyst earns around $51,360, while experienced professionals earn up to $128,400 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$51,360
+$3,360 vs national
Mid Level (3-7 yrs)
$83,460
+$5,460 vs national
Senior Level (8+ yrs)
$128,400
+$8,400 vs national

Salary Percentiles in Newark, DE

Percentile Newark
10th Percentile $49,220
25th Percentile $63,130
Median (50th) $82,347
75th Percentile $107,000
90th Percentile $133,750

Credit Analyst Salary in Other Delaware Cities

Wilmington, DE
$84,656
Pop. 70,898
Bear, DE
$80,038
Pop. 21,000
Middletown, DE
$79,269
Pop. 22,350
Dover, DE
$77,730
Pop. 39,403

How to Become a Credit Analyst in Newark

Education

Most credit analyst positions require a bachelor's degree. Newark 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 Newark may vary based on local industry and population growth.