Business & Finance Minneapolis, MN Pop. 429,954

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.