Business & Finance Cleveland, OH Pop. 372,624

Credit Analyst Salary in Cleveland, Ohio

The median credit analyst salary in Cleveland, OH is $66,186 per year, which is 14% below the national median and 4.4% below the Ohio state average.

City Median
$66,186
vs State Avg
$-3,078
vs National
$-10,774
Cost of Living
86%

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

Cleveland offers a median credit analyst salary of $66,186, which is $3,078 below the Ohio state average of $69,264. Compared to the national median of $76,960, Cleveland pays below the national benchmark for this role.

One of Cleveland's biggest advantages is its low cost of living at 86% of the national average. This means the $66,186 salary stretches further here — equivalent to roughly $76,960 in an average-cost city. This makes Cleveland an attractive option for credit analysts seeking strong real-dollar compensation.

The salary range for credit analysts in Cleveland spans from $39,560 at the 10th percentile to $107,500 at the 90th percentile — a $67,940 spread. Entry-level professionals start around $41,280, while senior credit analysts with 8+ years of experience can earn up to $103,200. With a population of 372,624, Cleveland is a mid-sized metro with a growing job market.

Credit Analyst Salary in Cleveland by Experience

In Cleveland, an entry-level credit analyst earns around $41,280, while experienced professionals earn up to $103,200 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$41,280
$-6,720 vs national
Mid Level (3-7 yrs)
$67,080
$-10,920 vs national
Senior Level (8+ yrs)
$103,200
$-16,800 vs national

Salary Percentiles in Cleveland, OH

Percentile Cleveland
10th Percentile $39,560
25th Percentile $50,740
Median (50th) $66,186
75th Percentile $86,000
90th Percentile $107,500

Credit Analyst Salary in Other Ohio Cities

Columbus, OH
$73,112
Pop. 905,748
Cincinnati, OH
$69,264
Pop. 309,317
Akron, OH
$64,646
Pop. 190,469
Toledo, OH
$63,107
Pop. 270,871

How to Become a Credit Analyst in Cleveland

Education

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

Find Credit Analyst Jobs in Cleveland

Browse open credit analyst positions in Cleveland, OH:

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Frequently Asked Questions: Credit Analyst Salary in Cleveland

How much does a Credit Analyst make in Cleveland, OH? ▼
The median credit analyst salary in Cleveland, Ohio is $66,186 per year, which is 14% below the national median of $76,960. Salaries range from $39,560 (10th percentile) to $107,500 (90th percentile).
How much does a Credit Analyst make per hour in Cleveland? ▼
Based on the median annual salary of $66,186, a credit analyst in Cleveland earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Cleveland compare to the Ohio state average for credit analyst pay? ▼
Cleveland's median credit analyst salary of $66,186 is 4.4% below the Ohio state average of $69,264. The local cost of living index is 86% of the national average.
What is the cost of living in Cleveland, OH? ▼
Cleveland has a cost of living index of 86% compared to the national average. This means a credit analyst salary of $66,186 in Cleveland has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a credit analyst in Cleveland? ▼
Most credit analyst positions in Cleveland 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.