Business & Finance South Carolina (SC) Rank #40 of 50

Credit Analyst Salary in South Carolina

The median credit analyst salary in South Carolina is $68,494 per year, which is 11% below the national median of $76,960.

Median Salary
$68,494
vs National
$-8,466
State Rank
#40 of 50
Cost of Living
89%

Credit Analyst Salary Overview in South Carolina (2026)

South Carolina ranks #40 out of 50 states for credit analyst compensation. Credit Analyst salaries in South Carolina are below the national median, though the lower cost of living can offset the difference. At $68,494 per year, credit analysts in South Carolina earn $8,466 less than the national median of $76,960.

A key advantage of working in South Carolina is its below-average cost of living (89% of the national index). This means the $68,494 salary has the purchasing power of roughly $76,960 in an average-cost area.

The salary spread in South Carolina is significant: credit analysts at the 10th percentile earn $40,940, while those at the 90th percentile bring home $111,250 — a $70,310 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in South Carolina for this role is Mount Pleasant, where the median reaches $80,808.

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 South Carolina by Experience

In South Carolina, an entry-level credit analyst earns around $42,720, while experienced professionals earn up to $106,800 per year. The cost of living index in South Carolina is 89% of the national average.

Entry Level (0-2 yrs)
$42,720
$-5,280 vs national
Mid Level (3-7 yrs)
$69,420
$-8,580 vs national
Senior Level (8+ yrs)
$106,800
$-13,200 vs national

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Salary Percentiles in South Carolina

Percentile SC Salary
10th Percentile $40,940
25th Percentile $52,510
Median (50th) $68,494
75th Percentile $89,000
90th Percentile $111,250

Credit Analyst Salary by City in South Carolina

The largest employment areas for credit analysts in South Carolina include Charleston, Columbia, Greenville, and North Charleston. Salaries vary by city based on local cost of living and demand.

How to Become a Credit Analyst in South Carolina

Education

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

Key Skills

Financial AnalysisCredit RiskExcelFinancial StatementsReport WritingAttention to Detail

Job Outlook in South Carolina

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

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Frequently Asked Questions: Credit Analyst Salary in South Carolina

How much does a Credit Analyst make in South Carolina? ▼
The median credit analyst salary in South Carolina is $68,494 per year, which is 11% below the national median of $76,960. Salaries range from $40,940 (10th percentile) to $111,250 (90th percentile).
How much does a Credit Analyst make per hour in South Carolina? ▼
Based on the median annual salary of $68,494, a credit analyst in South Carolina earns approximately $33 per hour assuming a standard 2,080-hour work year.
Is South Carolina a good state for credit analysts? ▼
South Carolina ranks #40 out of 50 states for credit analyst pay. The cost of living index is 89% of the national average. Entry-level credit analysts earn $42,720, while senior professionals earn $106,800.
How does South Carolina compare to other states for credit analyst salary? ▼
The highest paying state for credit analysts is Hawaii at $130,832. South Carolina's median of $68,494 ranks #40 nationally. Nearby-ranked states include Ohio ($69,264) and Iowa ($68,494).
What is the entry-level credit analyst salary in South Carolina? ▼
An entry-level credit analyst in South Carolina earns approximately $42,720 per year. With 3-7 years of experience, pay increases to around $69,420. Senior-level professionals with 8+ years earn up to $106,800.
What city in South Carolina pays credit analysts the most? ▼
Mount Pleasant is the highest paying city in South Carolina for credit analysts, with a median salary of $80,808. Other cities include Charleston and Columbia.