Business & Finance Rochester, MN Pop. 121,395

Credit Analyst Salary in Rochester, Minnesota

The median credit analyst salary in Rochester, MN is $76,960 per year, which is 0.0% above the national median and 1.0% above the Minnesota state average.

City Median
$76,960
vs State Avg
+$770
vs National
+$0
Cost of Living
98%

Credit Analyst Salary in Rochester by Experience

In Rochester, an entry-level credit analyst earns around $48,000, while experienced professionals earn up to $120,000 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$48,000
+$0 vs national
Mid Level (3-7 yrs)
$78,000
+$0 vs national
Senior Level (8+ yrs)
$120,000
+$0 vs national

Salary Percentiles in Rochester, MN

Percentile Rochester
10th Percentile $46,000
25th Percentile $59,000
Median (50th) $76,960
75th Percentile $100,000
90th Percentile $125,000

Credit Analyst Salary in Other Minnesota Cities

How to Become a Credit Analyst in Rochester

Education

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