Business & Finance Worcester, MA
Pop. 206,518
Credit Analyst Salary in Worcester, Massachusetts
The median credit analyst salary in Worcester, MA is $90,043 per year, which is 17.0% above the national median and 17.6% below the Massachusetts state average.
City Median
$90,043
vs State Avg
$-19,240
vs National
+$13,083
Cost of Living
110%
Credit Analyst Salary in Worcester by Experience
In Worcester, an entry-level credit analyst earns around $56,160, while experienced professionals earn up to $140,400 per year. The local cost of living index is 110% of the national average.
Entry Level (0-2 yrs)
$56,160
+$8,160 vs national
Mid Level (3-7 yrs)
$91,260
+$13,260 vs national
Senior Level (8+ yrs)
$140,400
+$20,400 vs national
Salary Percentiles in Worcester, MA
| Percentile | Worcester |
|---|---|
| 10th Percentile | $53,820 |
| 25th Percentile | $69,030 |
| Median (50th) | $90,043 |
| 75th Percentile | $117,000 |
| 90th Percentile | $146,250 |
Credit Analyst Salary in Other Massachusetts Cities
How to Become a Credit Analyst in Worcester
Education
Most credit analyst positions require a bachelor's degree. Worcester 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 Worcester may vary based on local industry and population growth.