Business & Finance Duluth, MN Pop. 90,884

Credit Analyst Salary in Duluth, Minnesota

The median credit analyst salary in Duluth, MN is $70,803 per year, which is 8% below the national median and 7.1% below the Minnesota state average.

City Median
$70,803
vs State Avg
$-5,387
vs National
$-6,157
Cost of Living
90%

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

Duluth offers a median credit analyst salary of $70,803, which is $5,387 below the Minnesota state average of $76,190. Compared to the national median of $76,960, Duluth pays below the national benchmark for this role.

Duluth's cost of living is 90% 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 Duluth spans from $42,320 at the 10th percentile to $115,000 at the 90th percentile — a $72,680 spread. Entry-level professionals start around $44,160, while senior credit analysts with 8+ years of experience can earn up to $110,400. Duluth is a smaller market (pop. 90,884), which may mean fewer openings but also less competition for available positions.

Credit Analyst Salary in Duluth by Experience

In Duluth, an entry-level credit analyst earns around $44,160, while experienced professionals earn up to $110,400 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$44,160
$-3,840 vs national
Mid Level (3-7 yrs)
$71,760
$-6,240 vs national
Senior Level (8+ yrs)
$110,400
$-9,600 vs national

Salary Percentiles in Duluth, MN

Percentile Duluth
10th Percentile $42,320
25th Percentile $54,280
Median (50th) $70,803
75th Percentile $92,000
90th Percentile $115,000

Credit Analyst Salary in Other Minnesota Cities

How to Become a Credit Analyst in Duluth

Education

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

Find Credit Analyst Jobs in Duluth

Browse open credit analyst positions in Duluth, MN:

Frequently Asked Questions: Credit Analyst Salary in Duluth

How much does a Credit Analyst make in Duluth, MN? ▼
The median credit analyst salary in Duluth, Minnesota is $70,803 per year, which is 8% below the national median of $76,960. Salaries range from $42,320 (10th percentile) to $115,000 (90th percentile).
How much does a Credit Analyst make per hour in Duluth? ▼
Based on the median annual salary of $70,803, a credit analyst in Duluth earns approximately $34 per hour assuming a standard 2,080-hour work year.
How does Duluth compare to the Minnesota state average for credit analyst pay? ▼
Duluth's median credit analyst salary of $70,803 is 7.1% below the Minnesota state average of $76,190. The local cost of living index is 90% of the national average.
What is the cost of living in Duluth, MN? ▼
Duluth has a cost of living index of 90% compared to the national average. This means a credit analyst salary of $70,803 in Duluth has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a credit analyst in Duluth? ▼
Most credit analyst positions in Duluth 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.