Business & Finance New York (NY) Rank #4 of 50

Credit Analyst Salary in New York

The median credit analyst salary in New York is $103,126 per year, which is 34.0% above the national median of $76,960.

Median Salary
$103,126
vs National
+$26,166
State Rank
#4 of 50
Cost of Living
122%

Credit Analyst Salary Overview in New York (2026)

New York ranks #4 out of 50 states for credit analyst compensation. This places New York in the top tier nationally, making it one of the best states for credit analysts seeking high pay. At $103,126 per year, credit analysts in New York earn $26,166 more than the national median of $76,960.

It's worth noting that New York's cost of living is 122% of the national average, which reduces the real purchasing power of the $103,126 salary. After adjusting for cost of living, the effective salary is closer to $84,530.

The salary spread in New York is significant: credit analysts at the 10th percentile earn $61,640, while those at the 90th percentile bring home $167,500 — a $105,860 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in New York for this role is New York City, where the median reaches $153,150.

Nationally, credit analyst employment is projected to grow 5% over the next decade (faster than average). This steady growth indicates stable demand for credit analysts across the country.

Credit Analyst Salary in New York by Experience

In New York, an entry-level credit analyst earns around $64,320, while experienced professionals earn up to $160,800 per year. The cost of living index in New York is 122% of the national average.

Entry Level (0-2 yrs)
$64,320
+$16,320 vs national
Mid Level (3-7 yrs)
$104,520
+$26,520 vs national
Senior Level (8+ yrs)
$160,800
+$40,800 vs national

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Salary Percentiles in New York

Percentile NY Salary
10th Percentile $61,640
25th Percentile $79,060
Median (50th) $103,126
75th Percentile $134,000
90th Percentile $167,500

Credit Analyst Salary by City in New York

The largest employment areas for credit analysts in New York include New York City, Buffalo, Rochester, and Yonkers. Salaries vary by city based on local cost of living and demand.

How to Become a Credit Analyst in New York

Education

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

Key Skills

Financial AnalysisCredit RiskExcelFinancial StatementsReport WritingAttention to Detail

Job Outlook in New York

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

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Frequently Asked Questions: Credit Analyst Salary in New York

How much does a Credit Analyst make in New York? ▼
The median credit analyst salary in New York is $103,126 per year, which is 34.0% above the national median of $76,960. Salaries range from $61,640 (10th percentile) to $167,500 (90th percentile).
How much does a Credit Analyst make per hour in New York? ▼
Based on the median annual salary of $103,126, a credit analyst in New York earns approximately $50 per hour assuming a standard 2,080-hour work year.
Is New York a good state for credit analysts? ▼
New York ranks #4 out of 50 states for credit analyst pay. The cost of living index is 122% of the national average. Entry-level credit analysts earn $64,320, while senior professionals earn $160,800.
How does New York compare to other states for credit analyst salary? ▼
The highest paying state for credit analysts is Hawaii at $130,832. New York's median of $103,126 ranks #4 nationally. Nearby-ranked states include Massachusetts ($109,283) and California ($106,205).
What is the entry-level credit analyst salary in New York? ▼
An entry-level credit analyst in New York earns approximately $64,320 per year. With 3-7 years of experience, pay increases to around $104,520. Senior-level professionals with 8+ years earn up to $160,800.
What city in New York pays credit analysts the most? ▼
New York City is the highest paying city in New York for credit analysts, with a median salary of $153,150. Other cities include Buffalo and Rochester.