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 Pay in Minneapolis: What to Expect (2026)

Minneapolis offers a median credit analyst salary of $82,347, which is $6,157 above the Minnesota state average of $76,190. Compared to the national median of $76,960, Minneapolis pays above average for this role.

Minneapolis's cost of living is 105% 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 Minneapolis spans from $49,220 at the 10th percentile to $133,750 at the 90th percentile — a $84,530 spread. Entry-level professionals start around $51,360, while senior credit analysts with 8+ years of experience can earn up to $128,400. With a population of 429,954, Minneapolis is a mid-sized metro with a growing job market.

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

Bloomington, MN
$80,038
Pop. 89,987
Saint Paul, MN
$78,499
Pop. 311,527
Rochester, MN
$76,960
Pop. 121,395
Duluth, MN
$70,803
Pop. 90,884

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.

Find Credit Analyst Jobs in Minneapolis

Browse open credit analyst positions in Minneapolis, MN:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Credit Analyst Salary in Minneapolis

How much does a Credit Analyst make in Minneapolis, MN? ▼
The median credit analyst salary in Minneapolis, Minnesota is $82,347 per year, which is 7.0% above the national median of $76,960. Salaries range from $49,220 (10th percentile) to $133,750 (90th percentile).
How much does a Credit Analyst make per hour in Minneapolis? ▼
Based on the median annual salary of $82,347, a credit analyst in Minneapolis earns approximately $40 per hour assuming a standard 2,080-hour work year.
How does Minneapolis compare to the Minnesota state average for credit analyst pay? ▼
Minneapolis's median credit analyst salary of $82,347 is 8.1% above the Minnesota state average of $76,190. The local cost of living index is 105% of the national average.
What is the cost of living in Minneapolis, MN? ▼
Minneapolis has a cost of living index of 105% compared to the national average. This means a credit analyst salary of $82,347 in Minneapolis has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a credit analyst in Minneapolis? ▼
Most credit analyst positions in Minneapolis 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.