Business & Finance Massachusetts (MA) Rank #2 of 50

Credit Analyst Salary in Massachusetts

The median credit analyst salary in Massachusetts is $109,283 per year, which is 42.0% above the national median of $76,960.

Median Salary
$109,283
vs National
+$32,323
State Rank
#2 of 50
Cost of Living
135%

Credit Analyst Salary in Massachusetts by Experience

In Massachusetts, an entry-level credit analyst earns around $68,160, while experienced professionals earn up to $170,400 per year. The cost of living index in Massachusetts is 135% of the national average.

Entry Level (0-2 yrs)
$68,160
+$20,160 vs national
Mid Level (3-7 yrs)
$110,760
+$32,760 vs national
Senior Level (8+ yrs)
$170,400
+$50,400 vs national

Salary Percentiles in Massachusetts

Percentile MA Salary
10th Percentile $65,320
25th Percentile $83,780
Median (50th) $109,283
75th Percentile $142,000
90th Percentile $177,500

Credit Analyst Salary by City in Massachusetts

The largest employment areas for credit analysts in Massachusetts include Boston, Worcester, Springfield, and Cambridge. Salaries vary by city based on local cost of living and demand.

How to Become a Credit Analyst in Massachusetts

Education

Most credit analyst positions require a bachelor's degree. Massachusetts has several accredited institutions offering relevant programs.

Key Skills

Financial AnalysisCredit RiskExcelFinancial StatementsReport WritingAttention to Detail

Job Outlook in Massachusetts

Nationally, credit analyst employment is projected to grow 5% over the next decade (faster than average). Massachusetts's demand may vary based on local industry trends.