Business & Finance Mitchell, SD
Pop. 15,660
Credit Analyst Salary in Mitchell, South Dakota
The median credit analyst salary in Mitchell, SD is $63,107 per year, which is 18% below the national median and 6.8% below the South Dakota state average.
City Median
$63,107
vs State Avg
$-4,618
vs National
$-13,853
Cost of Living
82%
Credit Analyst Salary in Mitchell by Experience
In Mitchell, 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 Mitchell, SD
| Percentile | Mitchell |
|---|---|
| 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 South Dakota Cities
How to Become a Credit Analyst in Mitchell
Education
Most credit analyst positions require a bachelor's degree. Mitchell and the surrounding South Dakota 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 Mitchell may vary based on local industry and population growth.