Business & Finance Davenport, IA Pop. 101,724

Credit Analyst Salary in Davenport, Iowa

The median credit analyst salary in Davenport, IA is $66,186 per year, which is 14% below the national median and 3.4% below the Iowa state average.

City Median
$66,186
vs State Avg
$-2,308
vs National
$-10,774
Cost of Living
86%

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

Davenport offers a median credit analyst salary of $66,186, which is $2,308 below the Iowa state average of $68,494. Compared to the national median of $76,960, Davenport pays below the national benchmark for this role.

One of Davenport's biggest advantages is its low cost of living at 86% of the national average. This means the $66,186 salary stretches further here — equivalent to roughly $76,960 in an average-cost city. This makes Davenport an attractive option for credit analysts seeking strong real-dollar compensation.

The salary range for credit analysts in Davenport spans from $39,560 at the 10th percentile to $107,500 at the 90th percentile — a $67,940 spread. Entry-level professionals start around $41,280, while senior credit analysts with 8+ years of experience can earn up to $103,200. With a population of 101,724, Davenport is a mid-sized metro with a growing job market.

Credit Analyst Salary in Davenport by Experience

In Davenport, an entry-level credit analyst earns around $41,280, while experienced professionals earn up to $103,200 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$41,280
$-6,720 vs national
Mid Level (3-7 yrs)
$67,080
$-10,920 vs national
Senior Level (8+ yrs)
$103,200
$-16,800 vs national

Salary Percentiles in Davenport, IA

Percentile Davenport
10th Percentile $39,560
25th Percentile $50,740
Median (50th) $66,186
75th Percentile $86,000
90th Percentile $107,500

Credit Analyst Salary in Other Iowa Cities

Iowa City, IA
$73,112
Pop. 74,828
Des Moines, IA
$70,803
Pop. 214,133
Cedar Rapids, IA
$67,725
Pop. 137,710
Sioux City, IA
$64,646
Pop. 85,797

How to Become a Credit Analyst in Davenport

Education

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

Find Credit Analyst Jobs in Davenport

Browse open credit analyst positions in Davenport, IA:

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Frequently Asked Questions: Credit Analyst Salary in Davenport

How much does a Credit Analyst make in Davenport, IA? ▼
The median credit analyst salary in Davenport, Iowa is $66,186 per year, which is 14% below the national median of $76,960. Salaries range from $39,560 (10th percentile) to $107,500 (90th percentile).
How much does a Credit Analyst make per hour in Davenport? ▼
Based on the median annual salary of $66,186, a credit analyst in Davenport earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Davenport compare to the Iowa state average for credit analyst pay? ▼
Davenport's median credit analyst salary of $66,186 is 3.4% below the Iowa state average of $68,494. The local cost of living index is 86% of the national average.
What is the cost of living in Davenport, IA? ▼
Davenport has a cost of living index of 86% compared to the national average. This means a credit analyst salary of $66,186 in Davenport has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a credit analyst in Davenport? ▼
Most credit analyst positions in Davenport 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.