Business & Finance Albany, NY Pop. 99,224

Credit Analyst Salary in Albany, New York

The median credit analyst salary in Albany, NY is $84,656 per year, which is 10.0% above the national median and 17.9% below the New York state average.

City Median
$84,656
vs State Avg
$-18,470
vs National
+$7,696
Cost of Living
98%

Credit Analyst Pay in Albany: What to Expect (2026)

Albany offers a median credit analyst salary of $84,656, which is $18,470 below the New York state average of $103,126. Compared to the national median of $76,960, Albany pays above average for this role.

Albany's cost of living is 98% 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 Albany spans from $50,600 at the 10th percentile to $137,500 at the 90th percentile — a $86,900 spread. Entry-level professionals start around $52,800, while senior credit analysts with 8+ years of experience can earn up to $132,000. Albany is a smaller market (pop. 99,224), which may mean fewer openings but also less competition for available positions.

Credit Analyst Salary in Albany by Experience

In Albany, an entry-level credit analyst earns around $52,800, while experienced professionals earn up to $132,000 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$52,800
+$4,800 vs national
Mid Level (3-7 yrs)
$85,800
+$7,800 vs national
Senior Level (8+ yrs)
$132,000
+$12,000 vs national

Salary Percentiles in Albany, NY

Percentile Albany
10th Percentile $50,600
25th Percentile $64,900
Median (50th) $84,656
75th Percentile $110,000
90th Percentile $137,500

Credit Analyst Salary in Other New York Cities

How to Become a Credit Analyst in Albany

Education

Most credit analyst positions require a bachelor's degree. Albany and the surrounding New York 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 Albany may vary based on local industry and population growth.

Find Credit Analyst Jobs in Albany

Browse open credit analyst positions in Albany, NY:

Frequently Asked Questions: Credit Analyst Salary in Albany

How much does a Credit Analyst make in Albany, NY? ▼
The median credit analyst salary in Albany, New York is $84,656 per year, which is 10.0% above the national median of $76,960. Salaries range from $50,600 (10th percentile) to $137,500 (90th percentile).
How much does a Credit Analyst make per hour in Albany? ▼
Based on the median annual salary of $84,656, a credit analyst in Albany earns approximately $41 per hour assuming a standard 2,080-hour work year.
How does Albany compare to the New York state average for credit analyst pay? ▼
Albany's median credit analyst salary of $84,656 is 17.9% below the New York state average of $103,126. The local cost of living index is 98% of the national average.
What is the cost of living in Albany, NY? ▼
Albany has a cost of living index of 98% compared to the national average. This means a credit analyst salary of $84,656 in Albany has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a credit analyst in Albany? ▼
Most credit analyst positions in Albany 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.