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 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.