Business & Finance Covington, KY
Pop. 40,961
Credit Analyst Salary in Covington, Kentucky
The median credit analyst salary in Covington, KY is $67,725 per year, which is 12% below the national median and 1.2% above the Kentucky state average.
City Median
$67,725
vs State Avg
+$770
vs National
$-9,235
Cost of Living
88%
Credit Analyst Salary in Covington by Experience
In Covington, 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 Covington, KY
| Percentile | Covington |
|---|---|
| 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 Kentucky Cities
How to Become a Credit Analyst in Covington
Education
Most credit analyst positions require a bachelor's degree. Covington and the surrounding Kentucky 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 Covington may vary based on local industry and population growth.