Business & Finance Minneapolis, MN
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Credit Analyst Salary in Minneapolis, Minnesota
The median credit analyst salary in Minneapolis, MN is $82,347 per year, which is 7.0% above the national median and 8.1% above the Minnesota state average.
City Median
$82,347
vs State Avg
+$6,157
vs National
+$5,387
Cost of Living
105%
Credit Analyst Salary in Minneapolis by Experience
In Minneapolis, an entry-level credit analyst earns around $51,360, while experienced professionals earn up to $128,400 per year. The local cost of living index is 105% of the national average.
Entry Level (0-2 yrs)
$51,360
+$3,360 vs national
Mid Level (3-7 yrs)
$83,460
+$5,460 vs national
Senior Level (8+ yrs)
$128,400
+$8,400 vs national
Salary Percentiles in Minneapolis, MN
| Percentile | Minneapolis |
|---|---|
| 10th Percentile | $49,220 |
| 25th Percentile | $63,130 |
| Median (50th) | $82,347 |
| 75th Percentile | $107,000 |
| 90th Percentile | $133,750 |
Credit Analyst Salary in Other Minnesota Cities
How to Become a Credit Analyst in Minneapolis
Education
Most credit analyst positions require a bachelor's degree. Minneapolis 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 Minneapolis may vary based on local industry and population growth.