Business & Finance Akron, OH Pop. 190,469

Credit Analyst Salary in Akron, Ohio

The median credit analyst salary in Akron, OH is $64,646 per year, which is 16% below the national median and 6.7% below the Ohio state average.

City Median
$64,646
vs State Avg
$-4,618
vs National
$-12,314
Cost of Living
84%

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

Akron offers a median credit analyst salary of $64,646, which is $4,618 below the Ohio state average of $69,264. Compared to the national median of $76,960, Akron pays below the national benchmark for this role.

One of Akron's biggest advantages is its low cost of living at 84% of the national average. This means the $64,646 salary stretches further here — equivalent to roughly $76,960 in an average-cost city. This makes Akron an attractive option for credit analysts seeking strong real-dollar compensation.

The salary range for credit analysts in Akron spans from $38,640 at the 10th percentile to $105,000 at the 90th percentile — a $66,360 spread. Entry-level professionals start around $40,320, while senior credit analysts with 8+ years of experience can earn up to $100,800. With a population of 190,469, Akron is a mid-sized metro with a growing job market.

Credit Analyst Salary in Akron by Experience

In Akron, an entry-level credit analyst earns around $40,320, while experienced professionals earn up to $100,800 per year. The local cost of living index is 84% of the national average.

Entry Level (0-2 yrs)
$40,320
$-7,680 vs national
Mid Level (3-7 yrs)
$65,520
$-12,480 vs national
Senior Level (8+ yrs)
$100,800
$-19,200 vs national

Salary Percentiles in Akron, OH

Percentile Akron
10th Percentile $38,640
25th Percentile $49,560
Median (50th) $64,646
75th Percentile $84,000
90th Percentile $105,000

Credit Analyst Salary in Other Ohio Cities

Columbus, OH
$73,112
Pop. 905,748
Cincinnati, OH
$69,264
Pop. 309,317
Cleveland, OH
$66,186
Pop. 372,624
Toledo, OH
$63,107
Pop. 270,871

How to Become a Credit Analyst in Akron

Education

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

Find Credit Analyst Jobs in Akron

Browse open credit analyst positions in Akron, OH:

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Frequently Asked Questions: Credit Analyst Salary in Akron

How much does a Credit Analyst make in Akron, OH? ▼
The median credit analyst salary in Akron, Ohio is $64,646 per year, which is 16% below the national median of $76,960. Salaries range from $38,640 (10th percentile) to $105,000 (90th percentile).
How much does a Credit Analyst make per hour in Akron? ▼
Based on the median annual salary of $64,646, a credit analyst in Akron earns approximately $31 per hour assuming a standard 2,080-hour work year.
How does Akron compare to the Ohio state average for credit analyst pay? ▼
Akron's median credit analyst salary of $64,646 is 6.7% below the Ohio state average of $69,264. The local cost of living index is 84% of the national average.
What is the cost of living in Akron, OH? ▼
Akron has a cost of living index of 84% compared to the national average. This means a credit analyst salary of $64,646 in Akron has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a credit analyst in Akron? ▼
Most credit analyst positions in Akron 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.