Business & Finance Newark, NJ
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Credit Analyst Salary in Newark, New Jersey
The median credit analyst salary in Newark, NJ is $92,352 per year, which is 20.0% above the national median and 2.4% below the New Jersey state average.
City Median
$92,352
vs State Avg
$-2,309
vs National
+$15,392
Cost of Living
112%
Credit Analyst Salary in Newark by Experience
In Newark, an entry-level credit analyst earns around $57,600, while experienced professionals earn up to $144,000 per year. The local cost of living index is 112% of the national average.
Entry Level (0-2 yrs)
$57,600
+$9,600 vs national
Mid Level (3-7 yrs)
$93,600
+$15,600 vs national
Senior Level (8+ yrs)
$144,000
+$24,000 vs national
Salary Percentiles in Newark, NJ
| Percentile | Newark |
|---|---|
| 10th Percentile | $55,200 |
| 25th Percentile | $70,800 |
| Median (50th) | $92,352 |
| 75th Percentile | $120,000 |
| 90th Percentile | $150,000 |
Credit Analyst Salary in Other New Jersey Cities
How to Become a Credit Analyst in Newark
Education
Most credit analyst positions require a bachelor's degree. Newark and the surrounding New Jersey 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 Newark may vary based on local industry and population growth.