Credit Analyst Salary in Chicago, Illinois
The median credit analyst salary in Chicago, IL is $86,965 per year, which is 13.0% above the national median and 11.9% above the Illinois state average.
Credit Analyst Pay in Chicago: What to Expect (2026)
Chicago offers a median credit analyst salary of $86,965, which is $9,235 above the Illinois state average of $77,730. Compared to the national median of $76,960, Chicago pays above average for this role.
Chicago's cost of living is 107% 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 Chicago spans from $51,980 at the 10th percentile to $141,250 at the 90th percentile — a $89,270 spread. Entry-level professionals start around $54,240, while senior credit analysts with 8+ years of experience can earn up to $135,600. As a major metro area with a population of 2,693,976, Chicago typically offers more job opportunities and employer competition, which can drive salaries higher.
Credit Analyst Salary in Chicago by Experience
In Chicago, an entry-level credit analyst earns around $54,240, while experienced professionals earn up to $135,600 per year. The local cost of living index is 107% of the national average.
Salary Percentiles in Chicago, IL
| Percentile | Chicago |
|---|---|
| 10th Percentile | $51,980 |
| 25th Percentile | $66,670 |
| Median (50th) | $86,965 |
| 75th Percentile | $113,000 |
| 90th Percentile | $141,250 |
Credit Analyst Salary in Other Illinois Cities
How to Become a Credit Analyst in Chicago
Education
Most credit analyst positions require a bachelor's degree. Chicago and the surrounding Illinois area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, credit analyst employment is projected to grow 5% over the next decade (faster than average). Demand in Chicago may vary based on local industry and population growth.
Find Credit Analyst Jobs in Chicago
Browse open credit analyst positions in Chicago, IL: