Business & Finance Providence, RI Pop. 190,934

Credit Analyst Salary in Providence, Rhode Island

The median credit analyst salary in Providence, RI is $84,656 per year, which is 10.0% above the national median and 2.8% above the Rhode Island state average.

City Median
$84,656
vs State Avg
+$2,309
vs National
+$7,696
Cost of Living
108%

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

Providence offers a median credit analyst salary of $84,656, which is $2,309 above the Rhode Island state average of $82,347. Compared to the national median of $76,960, Providence pays above average for this role.

Providence's cost of living is 108% 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 Providence spans from $50,600 at the 10th percentile to $137,500 at the 90th percentile — a $86,900 spread. Entry-level professionals start around $52,800, while senior credit analysts with 8+ years of experience can earn up to $132,000. With a population of 190,934, Providence is a mid-sized metro with a growing job market.

Credit Analyst Salary in Providence by Experience

In Providence, an entry-level credit analyst earns around $52,800, while experienced professionals earn up to $132,000 per year. The local cost of living index is 108% of the national average.

Entry Level (0-2 yrs)
$52,800
+$4,800 vs national
Mid Level (3-7 yrs)
$85,800
+$7,800 vs national
Senior Level (8+ yrs)
$132,000
+$12,000 vs national

Salary Percentiles in Providence, RI

Percentile Providence
10th Percentile $50,600
25th Percentile $64,900
Median (50th) $84,656
75th Percentile $110,000
90th Percentile $137,500

Credit Analyst Salary in Other Rhode Island Cities

Warwick, RI
$80,038
Pop. 82,823
Cranston, RI
$78,499
Pop. 82,934
East Providence, RI
$76,960
Pop. 47,139
Pawtucket, RI
$75,421
Pop. 75,604

How to Become a Credit Analyst in Providence

Education

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

Find Credit Analyst Jobs in Providence

Browse open credit analyst positions in Providence, RI:

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Frequently Asked Questions: Credit Analyst Salary in Providence

How much does a Credit Analyst make in Providence, RI? ▼
The median credit analyst salary in Providence, Rhode Island is $84,656 per year, which is 10.0% above the national median of $76,960. Salaries range from $50,600 (10th percentile) to $137,500 (90th percentile).
How much does a Credit Analyst make per hour in Providence? ▼
Based on the median annual salary of $84,656, a credit analyst in Providence earns approximately $41 per hour assuming a standard 2,080-hour work year.
How does Providence compare to the Rhode Island state average for credit analyst pay? ▼
Providence's median credit analyst salary of $84,656 is 2.8% above the Rhode Island state average of $82,347. The local cost of living index is 108% of the national average.
What is the cost of living in Providence, RI? ▼
Providence has a cost of living index of 108% compared to the national average. This means a credit analyst salary of $84,656 in Providence has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a credit analyst in Providence? ▼
Most credit analyst positions in Providence 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.