Business & Finance Boston, MA Pop. 675,647

Credit Analyst Salary in Boston, Massachusetts

The median credit analyst salary in Boston, MA is $122,366 per year, which is 59.0% above the national median and 12.0% above the Massachusetts state average.

City Median
$122,366
vs State Avg
+$13,083
vs National
+$45,406
Cost of Living
152%

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

Boston offers a median credit analyst salary of $122,366, which is $13,083 above the Massachusetts state average of $109,283. Compared to the national median of $76,960, Boston pays above average for this role.

However, Boston's cost of living index is 152%, significantly above the national average. After adjusting for local costs, the $122,366 salary has an effective purchasing power of approximately $80,504. Housing, transportation, and food costs in Boston should be factored into any relocation or job-change decision.

The salary range for credit analysts in Boston spans from $73,140 at the 10th percentile to $198,750 at the 90th percentile — a $125,610 spread. Entry-level professionals start around $76,320, while senior credit analysts with 8+ years of experience can earn up to $190,800. As a major metro area with a population of 675,647, Boston typically offers more job opportunities and employer competition, which can drive salaries higher.

Credit Analyst Salary in Boston by Experience

In Boston, an entry-level credit analyst earns around $76,320, while experienced professionals earn up to $190,800 per year. The local cost of living index is 152% of the national average.

Entry Level (0-2 yrs)
$76,320
+$28,320 vs national
Mid Level (3-7 yrs)
$124,020
+$46,020 vs national
Senior Level (8+ yrs)
$190,800
+$70,800 vs national

Salary Percentiles in Boston, MA

Percentile Boston
10th Percentile $73,140
25th Percentile $93,810
Median (50th) $122,366
75th Percentile $159,000
90th Percentile $198,750

Credit Analyst Salary in Other Massachusetts Cities

How to Become a Credit Analyst in Boston

Education

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

Find Credit Analyst Jobs in Boston

Browse open credit analyst positions in Boston, MA:

Frequently Asked Questions: Credit Analyst Salary in Boston

How much does a Credit Analyst make in Boston, MA? ▼
The median credit analyst salary in Boston, Massachusetts is $122,366 per year, which is 59.0% above the national median of $76,960. Salaries range from $73,140 (10th percentile) to $198,750 (90th percentile).
How much does a Credit Analyst make per hour in Boston? ▼
Based on the median annual salary of $122,366, a credit analyst in Boston earns approximately $59 per hour assuming a standard 2,080-hour work year.
How does Boston compare to the Massachusetts state average for credit analyst pay? ▼
Boston's median credit analyst salary of $122,366 is 12.0% above the Massachusetts state average of $109,283. The local cost of living index is 152% of the national average.
What is the cost of living in Boston, MA? ▼
Boston has a cost of living index of 152% compared to the national average. This means a credit analyst salary of $122,366 in Boston has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a credit analyst in Boston? ▼
Most credit analyst positions in Boston 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.