Business & Finance Cranston, RI Pop. 82,934

Credit Analyst Salary in Cranston, Rhode Island

The median credit analyst salary in Cranston, RI is $78,499 per year, which is 2.0% above the national median and 4.7% below the Rhode Island state average.

City Median
$78,499
vs State Avg
$-3,848
vs National
+$1,539
Cost of Living
100%

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

Cranston offers a median credit analyst salary of $78,499, which is $3,848 below the Rhode Island state average of $82,347. Compared to the national median of $76,960, Cranston pays above average for this role.

Cranston's cost of living is 100% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for credit analysts in Cranston spans from $46,920 at the 10th percentile to $127,500 at the 90th percentile — a $80,580 spread. Entry-level professionals start around $48,960, while senior credit analysts with 8+ years of experience can earn up to $122,400. Cranston is a smaller market (pop. 82,934), which may mean fewer openings but also less competition for available positions.

Credit Analyst Salary in Cranston by Experience

In Cranston, an entry-level credit analyst earns around $48,960, while experienced professionals earn up to $122,400 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$48,960
+$960 vs national
Mid Level (3-7 yrs)
$79,560
+$1,560 vs national
Senior Level (8+ yrs)
$122,400
+$2,400 vs national

Salary Percentiles in Cranston, RI

Percentile Cranston
10th Percentile $46,920
25th Percentile $60,180
Median (50th) $78,499
75th Percentile $102,000
90th Percentile $127,500

Credit Analyst Salary in Other Rhode Island Cities

Providence, RI
$84,656
Pop. 190,934
Warwick, RI
$80,038
Pop. 82,823
East Providence, RI
$76,960
Pop. 47,139
Pawtucket, RI
$75,421
Pop. 75,604

How to Become a Credit Analyst in Cranston

Education

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

Find Credit Analyst Jobs in Cranston

Browse open credit analyst positions in Cranston, RI:

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Frequently Asked Questions: Credit Analyst Salary in Cranston

How much does a Credit Analyst make in Cranston, RI? ▼
The median credit analyst salary in Cranston, Rhode Island is $78,499 per year, which is 2.0% above the national median of $76,960. Salaries range from $46,920 (10th percentile) to $127,500 (90th percentile).
How much does a Credit Analyst make per hour in Cranston? ▼
Based on the median annual salary of $78,499, a credit analyst in Cranston earns approximately $38 per hour assuming a standard 2,080-hour work year.
How does Cranston compare to the Rhode Island state average for credit analyst pay? ▼
Cranston's median credit analyst salary of $78,499 is 4.7% below the Rhode Island state average of $82,347. The local cost of living index is 100% of the national average.
What is the cost of living in Cranston, RI? ▼
Cranston has a cost of living index of 100% compared to the national average. This means a credit analyst salary of $78,499 in Cranston has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a credit analyst in Cranston? ▼
Most credit analyst positions in Cranston 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.