Business & Finance Rhode Island (RI) Rank #13 of 50

Credit Analyst Salary in Rhode Island

The median credit analyst salary in Rhode Island is $82,347 per year, which is 7.0% above the national median of $76,960.

Median Salary
$82,347
vs National
+$5,387
State Rank
#13 of 50
Cost of Living
105%

Credit Analyst Salary Overview in Rhode Island (2026)

Rhode Island ranks #13 out of 50 states for credit analyst compensation. Rhode Island falls in the middle of the pack for credit analyst pay, offering salaries near the national average. At $82,347 per year, credit analysts in Rhode Island earn $5,387 more than the national median of $76,960.

Rhode Island's cost of living is near the national average at 105%, meaning credit analyst salaries here translate closely to their face value in purchasing power.

The salary spread in Rhode Island is significant: credit analysts at the 10th percentile earn $49,220, while those at the 90th percentile bring home $133,750 — a $84,530 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Rhode Island for this role is Providence, where the median reaches $84,656.

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 Rhode Island by Experience

In Rhode Island, an entry-level credit analyst earns around $51,360, while experienced professionals earn up to $128,400 per year. The cost of living index in Rhode Island is 105% of the national average.

Entry Level (0-2 yrs)
$51,360
+$3,360 vs national
Mid Level (3-7 yrs)
$83,460
+$5,460 vs national
Senior Level (8+ yrs)
$128,400
+$8,400 vs national

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Salary Percentiles in Rhode Island

Percentile RI Salary
10th Percentile $49,220
25th Percentile $63,130
Median (50th) $82,347
75th Percentile $107,000
90th Percentile $133,750

Credit Analyst Salary by City in Rhode Island

The largest employment areas for credit analysts in Rhode Island include Providence, Warwick, Cranston, and Pawtucket. Salaries vary by city based on local cost of living and demand.

How to Become a Credit Analyst in Rhode Island

Education

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

Key Skills

Financial AnalysisCredit RiskExcelFinancial StatementsReport WritingAttention to Detail

Job Outlook in Rhode Island

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

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Frequently Asked Questions: Credit Analyst Salary in Rhode Island

How much does a Credit Analyst make in Rhode Island? ▼
The median credit analyst salary in Rhode Island is $82,347 per year, which is 7.0% above the national median of $76,960. Salaries range from $49,220 (10th percentile) to $133,750 (90th percentile).
How much does a Credit Analyst make per hour in Rhode Island? ▼
Based on the median annual salary of $82,347, a credit analyst in Rhode Island earns approximately $40 per hour assuming a standard 2,080-hour work year.
Is Rhode Island a good state for credit analysts? ▼
Rhode Island ranks #13 out of 50 states for credit analyst pay. The cost of living index is 105% of the national average. Entry-level credit analysts earn $51,360, while senior professionals earn $128,400.
How does Rhode Island compare to other states for credit analyst salary? ▼
The highest paying state for credit analysts is Hawaii at $130,832. Rhode Island's median of $82,347 ranks #13 nationally. Nearby-ranked states include Virginia ($83,886) and New Hampshire ($82,347).
What is the entry-level credit analyst salary in Rhode Island? ▼
An entry-level credit analyst in Rhode Island earns approximately $51,360 per year. With 3-7 years of experience, pay increases to around $83,460. Senior-level professionals with 8+ years earn up to $128,400.
What city in Rhode Island pays credit analysts the most? ▼
Providence is the highest paying city in Rhode Island for credit analysts, with a median salary of $84,656. Other cities include Warwick and Cranston.