Business & Finance Sioux Falls, SD Pop. 192,517

Credit Analyst Salary in Sioux Falls, South Dakota

The median credit analyst salary in Sioux Falls, SD is $70,803 per year, which is 8% below the national median and 4.5% above the South Dakota state average.

City Median
$70,803
vs State Avg
+$3,078
vs National
$-6,157
Cost of Living
92%

Credit Analyst Salary in Sioux Falls by Experience

In Sioux Falls, an entry-level credit analyst earns around $44,160, while experienced professionals earn up to $110,400 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$44,160
$-3,840 vs national
Mid Level (3-7 yrs)
$71,760
$-6,240 vs national
Senior Level (8+ yrs)
$110,400
$-9,600 vs national

Salary Percentiles in Sioux Falls, SD

Percentile Sioux Falls
10th Percentile $42,320
25th Percentile $54,280
Median (50th) $70,803
75th Percentile $92,000
90th Percentile $115,000

Credit Analyst Salary in Other South Dakota Cities

How to Become a Credit Analyst in Sioux Falls

Education

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