Business & Finance Evansville, IN Pop. 117,429

Credit Analyst Salary in Evansville, Indiana

The median credit analyst salary in Evansville, IN is $64,646 per year, which is 16% below the national median and 6.7% below the Indiana state average.

City Median
$64,646
vs State Avg
$-4,618
vs National
$-12,314
Cost of Living
84%

Credit Analyst Pay in Evansville: What to Expect (2026)

Evansville offers a median credit analyst salary of $64,646, which is $4,618 below the Indiana state average of $69,264. Compared to the national median of $76,960, Evansville pays below the national benchmark for this role.

One of Evansville's biggest advantages is its low cost of living at 84% of the national average. This means the $64,646 salary stretches further here — equivalent to roughly $76,960 in an average-cost city. This makes Evansville an attractive option for credit analysts seeking strong real-dollar compensation.

The salary range for credit analysts in Evansville spans from $38,640 at the 10th percentile to $105,000 at the 90th percentile — a $66,360 spread. Entry-level professionals start around $40,320, while senior credit analysts with 8+ years of experience can earn up to $100,800. With a population of 117,429, Evansville is a mid-sized metro with a growing job market.

Credit Analyst Salary in Evansville by Experience

In Evansville, an entry-level credit analyst earns around $40,320, while experienced professionals earn up to $100,800 per year. The local cost of living index is 84% of the national average.

Entry Level (0-2 yrs)
$40,320
$-7,680 vs national
Mid Level (3-7 yrs)
$65,520
$-12,480 vs national
Senior Level (8+ yrs)
$100,800
$-19,200 vs national

Salary Percentiles in Evansville, IN

Percentile Evansville
10th Percentile $38,640
25th Percentile $49,560
Median (50th) $64,646
75th Percentile $84,000
90th Percentile $105,000

Credit Analyst Salary in Other Indiana Cities

Carmel, IN
$80,808
Pop. 99,757
Indianapolis, IN
$71,573
Pop. 887,642
Fort Wayne, IN
$65,416
Pop. 263,886
South Bend, IN
$63,877
Pop. 103,453

How to Become a Credit Analyst in Evansville

Education

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

Find Credit Analyst Jobs in Evansville

Browse open credit analyst positions in Evansville, IN:

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Frequently Asked Questions: Credit Analyst Salary in Evansville

How much does a Credit Analyst make in Evansville, IN? ▼
The median credit analyst salary in Evansville, Indiana is $64,646 per year, which is 16% below the national median of $76,960. Salaries range from $38,640 (10th percentile) to $105,000 (90th percentile).
How much does a Credit Analyst make per hour in Evansville? ▼
Based on the median annual salary of $64,646, a credit analyst in Evansville earns approximately $31 per hour assuming a standard 2,080-hour work year.
How does Evansville compare to the Indiana state average for credit analyst pay? ▼
Evansville's median credit analyst salary of $64,646 is 6.7% below the Indiana state average of $69,264. The local cost of living index is 84% of the national average.
What is the cost of living in Evansville, IN? ▼
Evansville has a cost of living index of 84% compared to the national average. This means a credit analyst salary of $64,646 in Evansville has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a credit analyst in Evansville? ▼
Most credit analyst positions in Evansville require a bachelor's degree. Key skills include Financial Analysis, Credit Risk, Excel, Financial Statements. The job market is projected to grow 5% nationally over the next decade.