Business & Finance New Jersey (NJ) Rank #6 of 50

Credit Analyst Salary in New Jersey

The median credit analyst salary in New Jersey is $94,661 per year, which is 23.0% above the national median of $76,960.

Median Salary
$94,661
vs National
+$17,701
State Rank
#6 of 50
Cost of Living
115%

Credit Analyst Salary in New Jersey by Experience

In New Jersey, an entry-level credit analyst earns around $59,040, while experienced professionals earn up to $147,600 per year. The cost of living index in New Jersey is 115% of the national average.

Entry Level (0-2 yrs)
$59,040
+$11,040 vs national
Mid Level (3-7 yrs)
$95,940
+$17,940 vs national
Senior Level (8+ yrs)
$147,600
+$27,600 vs national

Salary Percentiles in New Jersey

Percentile NJ Salary
10th Percentile $56,580
25th Percentile $72,570
Median (50th) $94,661
75th Percentile $123,000
90th Percentile $153,750

Credit Analyst Salary by City in New Jersey

The largest employment areas for credit analysts in New Jersey include Newark, Jersey City, Paterson, and Elizabeth. Salaries vary by city based on local cost of living and demand.

How to Become a Credit Analyst in New Jersey

Education

Most credit analyst positions require a bachelor's degree. New Jersey has several accredited institutions offering relevant programs.

Key Skills

Financial AnalysisCredit RiskExcelFinancial StatementsReport WritingAttention to Detail

Job Outlook in New Jersey

Nationally, credit analyst employment is projected to grow 5% over the next decade (faster than average). New Jersey's demand may vary based on local industry trends.