Business & Finance Baltimore, MD Pop. 585,708

Credit Analyst Salary in Baltimore, Maryland

The median credit analyst salary in Baltimore, MD is $86,965 per year, which is 13.0% above the national median and 1.7% below the Maryland state average.

City Median
$86,965
vs State Avg
$-1,539
vs National
+$10,005
Cost of Living
108%

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

Baltimore offers a median credit analyst salary of $86,965, which is $1,539 below the Maryland state average of $88,504. Compared to the national median of $76,960, Baltimore pays above average for this role.

Baltimore's cost of living is 108% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for credit analysts in Baltimore spans from $51,980 at the 10th percentile to $141,250 at the 90th percentile — a $89,270 spread. Entry-level professionals start around $54,240, while senior credit analysts with 8+ years of experience can earn up to $135,600. As a major metro area with a population of 585,708, Baltimore typically offers more job opportunities and employer competition, which can drive salaries higher.

Credit Analyst Salary in Baltimore by Experience

In Baltimore, an entry-level credit analyst earns around $54,240, while experienced professionals earn up to $135,600 per year. The local cost of living index is 108% of the national average.

Entry Level (0-2 yrs)
$54,240
+$6,240 vs national
Mid Level (3-7 yrs)
$88,140
+$10,140 vs national
Senior Level (8+ yrs)
$135,600
+$15,600 vs national

Salary Percentiles in Baltimore, MD

Percentile Baltimore
10th Percentile $51,980
25th Percentile $66,670
Median (50th) $86,965
75th Percentile $113,000
90th Percentile $141,250

Credit Analyst Salary in Other Maryland Cities

Silver Spring, MD
$97,739
Pop. 81,015
Columbia, MD
$94,661
Pop. 104,681
Germantown, MD
$92,352
Pop. 90,676
Waldorf, MD
$84,656
Pop. 77,000

How to Become a Credit Analyst in Baltimore

Education

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

Find Credit Analyst Jobs in Baltimore

Browse open credit analyst positions in Baltimore, MD:

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Frequently Asked Questions: Credit Analyst Salary in Baltimore

How much does a Credit Analyst make in Baltimore, MD? ▼
The median credit analyst salary in Baltimore, Maryland is $86,965 per year, which is 13.0% above the national median of $76,960. Salaries range from $51,980 (10th percentile) to $141,250 (90th percentile).
How much does a Credit Analyst make per hour in Baltimore? ▼
Based on the median annual salary of $86,965, a credit analyst in Baltimore earns approximately $42 per hour assuming a standard 2,080-hour work year.
How does Baltimore compare to the Maryland state average for credit analyst pay? ▼
Baltimore's median credit analyst salary of $86,965 is 1.7% below the Maryland state average of $88,504. The local cost of living index is 108% of the national average.
What is the cost of living in Baltimore, MD? ▼
Baltimore has a cost of living index of 108% compared to the national average. This means a credit analyst salary of $86,965 in Baltimore has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a credit analyst in Baltimore? ▼
Most credit analyst positions in Baltimore 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.