Business & Finance Ohio (OH) Rank #38 of 50

Credit Analyst Salary in Ohio

The median credit analyst salary in Ohio is $69,264 per year, which is 10% below the national median of $76,960.

Median Salary
$69,264
vs National
$-7,696
State Rank
#38 of 50
Cost of Living
90%

Credit Analyst Salary Overview in Ohio (2026)

Ohio ranks #38 out of 50 states for credit analyst compensation. Credit Analyst salaries in Ohio are below the national median, though the lower cost of living can offset the difference. At $69,264 per year, credit analysts in Ohio earn $7,696 less than the national median of $76,960.

A key advantage of working in Ohio is its below-average cost of living (90% of the national index). This means the $69,264 salary has the purchasing power of roughly $76,960 in an average-cost area.

The salary spread in Ohio is significant: credit analysts at the 10th percentile earn $41,400, while those at the 90th percentile bring home $112,500 — a $71,100 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Ohio for this role is Columbus, where the median reaches $73,112.

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 Ohio by Experience

In Ohio, an entry-level credit analyst earns around $43,200, while experienced professionals earn up to $108,000 per year. The cost of living index in Ohio is 90% of the national average.

Entry Level (0-2 yrs)
$43,200
$-4,800 vs national
Mid Level (3-7 yrs)
$70,200
$-7,800 vs national
Senior Level (8+ yrs)
$108,000
$-12,000 vs national

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Salary Percentiles in Ohio

Percentile OH Salary
10th Percentile $41,400
25th Percentile $53,100
Median (50th) $69,264
75th Percentile $90,000
90th Percentile $112,500

Credit Analyst Salary by City in Ohio

The largest employment areas for credit analysts in Ohio include Columbus, Cleveland, Cincinnati, and Toledo. Salaries vary by city based on local cost of living and demand.

How to Become a Credit Analyst in Ohio

Education

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

Key Skills

Financial AnalysisCredit RiskExcelFinancial StatementsReport WritingAttention to Detail

Job Outlook in Ohio

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

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Frequently Asked Questions: Credit Analyst Salary in Ohio

How much does a Credit Analyst make in Ohio? ▼
The median credit analyst salary in Ohio is $69,264 per year, which is 10% below the national median of $76,960. Salaries range from $41,400 (10th percentile) to $112,500 (90th percentile).
How much does a Credit Analyst make per hour in Ohio? ▼
Based on the median annual salary of $69,264, a credit analyst in Ohio earns approximately $33 per hour assuming a standard 2,080-hour work year.
Is Ohio a good state for credit analysts? ▼
Ohio ranks #38 out of 50 states for credit analyst pay. The cost of living index is 90% of the national average. Entry-level credit analysts earn $43,200, while senior professionals earn $108,000.
How does Ohio compare to other states for credit analyst salary? ▼
The highest paying state for credit analysts is Hawaii at $130,832. Ohio's median of $69,264 ranks #38 nationally. Nearby-ranked states include Michigan ($69,264) and North Dakota ($69,264).
What is the entry-level credit analyst salary in Ohio? ▼
An entry-level credit analyst in Ohio earns approximately $43,200 per year. With 3-7 years of experience, pay increases to around $70,200. Senior-level professionals with 8+ years earn up to $108,000.
What city in Ohio pays credit analysts the most? ▼
Columbus is the highest paying city in Ohio for credit analysts, with a median salary of $73,112. Other cities include Cleveland and Cincinnati.