Business & Finance Toledo, OH Pop. 270,871

Credit Analyst Salary in Toledo, Ohio

The median credit analyst salary in Toledo, OH is $63,107 per year, which is 18% below the national median and 8.9% below the Ohio state average.

City Median
$63,107
vs State Avg
$-6,157
vs National
$-13,853
Cost of Living
82%

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

Toledo offers a median credit analyst salary of $63,107, which is $6,157 below the Ohio state average of $69,264. Compared to the national median of $76,960, Toledo pays below the national benchmark for this role.

One of Toledo's biggest advantages is its low cost of living at 82% of the national average. This means the $63,107 salary stretches further here — equivalent to roughly $76,960 in an average-cost city. This makes Toledo an attractive option for credit analysts seeking strong real-dollar compensation.

The salary range for credit analysts in Toledo spans from $37,720 at the 10th percentile to $102,500 at the 90th percentile — a $64,780 spread. Entry-level professionals start around $39,360, while senior credit analysts with 8+ years of experience can earn up to $98,400. With a population of 270,871, Toledo is a mid-sized metro with a growing job market.

Credit Analyst Salary in Toledo by Experience

In Toledo, an entry-level credit analyst earns around $39,360, while experienced professionals earn up to $98,400 per year. The local cost of living index is 82% of the national average.

Entry Level (0-2 yrs)
$39,360
$-8,640 vs national
Mid Level (3-7 yrs)
$63,960
$-14,040 vs national
Senior Level (8+ yrs)
$98,400
$-21,600 vs national

Salary Percentiles in Toledo, OH

Percentile Toledo
10th Percentile $37,720
25th Percentile $48,380
Median (50th) $63,107
75th Percentile $82,000
90th Percentile $102,500

Credit Analyst Salary in Other Ohio Cities

How to Become a Credit Analyst in Toledo

Education

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

Find Credit Analyst Jobs in Toledo

Browse open credit analyst positions in Toledo, OH:

Frequently Asked Questions: Credit Analyst Salary in Toledo

How much does a Credit Analyst make in Toledo, OH? ▼
The median credit analyst salary in Toledo, Ohio is $63,107 per year, which is 18% below the national median of $76,960. Salaries range from $37,720 (10th percentile) to $102,500 (90th percentile).
How much does a Credit Analyst make per hour in Toledo? ▼
Based on the median annual salary of $63,107, a credit analyst in Toledo earns approximately $30 per hour assuming a standard 2,080-hour work year.
How does Toledo compare to the Ohio state average for credit analyst pay? ▼
Toledo's median credit analyst salary of $63,107 is 8.9% below the Ohio state average of $69,264. The local cost of living index is 82% of the national average.
What is the cost of living in Toledo, OH? ▼
Toledo has a cost of living index of 82% compared to the national average. This means a credit analyst salary of $63,107 in Toledo has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a credit analyst in Toledo? ▼
Most credit analyst positions in Toledo 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.