Business & Finance Illinois (IL) Rank #16 of 50

Credit Analyst Salary in Illinois

The median credit analyst salary in Illinois is $77,730 per year, which is 1.0% above the national median of $76,960.

Median Salary
$77,730
vs National
+$770
State Rank
#16 of 50
Cost of Living
95%

Credit Analyst Salary in Illinois by Experience

In Illinois, an entry-level credit analyst earns around $48,480, while experienced professionals earn up to $121,200 per year. The cost of living index in Illinois is 95% 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 Illinois

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

Credit Analyst Salary by City in Illinois

The largest employment areas for credit analysts in Illinois include Chicago, Aurora, Naperville, and Rockford. Salaries vary by city based on local cost of living and demand.

How to Become a Credit Analyst in Illinois

Education

Most credit analyst positions require a bachelor's degree. Illinois has several accredited institutions offering relevant programs.

Key Skills

Financial AnalysisCredit RiskExcelFinancial StatementsReport WritingAttention to Detail

Job Outlook in Illinois

Nationally, credit analyst employment is projected to grow 5% over the next decade (faster than average). Illinois's demand may vary based on local industry trends.