Business & Finance Springfield, IL
Pop. 114,394
Credit Analyst Salary in Springfield, Illinois
The median credit analyst salary in Springfield, IL is $70,034 per year, which is 9% below the national median and 9.9% below the Illinois state average.
City Median
$70,034
vs State Avg
$-7,696
vs National
$-6,926
Cost of Living
85%
Credit Analyst Salary in Springfield by Experience
In Springfield, an entry-level credit analyst earns around $43,680, while experienced professionals earn up to $109,200 per year. The local cost of living index is 85% of the national average.
Entry Level (0-2 yrs)
$43,680
$-4,320 vs national
Mid Level (3-7 yrs)
$70,980
$-7,020 vs national
Senior Level (8+ yrs)
$109,200
$-10,800 vs national
Salary Percentiles in Springfield, IL
| Percentile | Springfield |
|---|---|
| 10th Percentile | $41,860 |
| 25th Percentile | $53,690 |
| Median (50th) | $70,034 |
| 75th Percentile | $91,000 |
| 90th Percentile | $113,750 |
Credit Analyst Salary in Other Illinois Cities
How to Become a Credit Analyst in Springfield
Education
Most credit analyst positions require a bachelor's degree. Springfield and the surrounding Illinois 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 Springfield may vary based on local industry and population growth.