Business & Finance Cedar Rapids, IA Pop. 137,710

Credit Analyst Salary in Cedar Rapids, Iowa

The median credit analyst salary in Cedar Rapids, IA is $67,725 per year, which is 12% below the national median and 1.1% below the Iowa state average.

City Median
$67,725
vs State Avg
$-769
vs National
$-9,235
Cost of Living
88%

Credit Analyst Salary in Cedar Rapids by Experience

In Cedar Rapids, an entry-level credit analyst earns around $42,240, while experienced professionals earn up to $105,600 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$42,240
$-5,760 vs national
Mid Level (3-7 yrs)
$68,640
$-9,360 vs national
Senior Level (8+ yrs)
$105,600
$-14,400 vs national

Salary Percentiles in Cedar Rapids, IA

Percentile Cedar Rapids
10th Percentile $40,480
25th Percentile $51,920
Median (50th) $67,725
75th Percentile $88,000
90th Percentile $110,000

Credit Analyst Salary in Other Iowa Cities

How to Become a Credit Analyst in Cedar Rapids

Education

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