Business & Finance Chesapeake, VA Pop. 249,422

Credit Analyst Salary in Chesapeake, Virginia

The median credit analyst salary in Chesapeake, VA is $79,269 per year, which is 3.0% above the national median and 5.5% below the Virginia state average.

City Median
$79,269
vs State Avg
$-4,617
vs National
+$2,309
Cost of Living
98%

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

Chesapeake offers a median credit analyst salary of $79,269, which is $4,617 below the Virginia state average of $83,886. Compared to the national median of $76,960, Chesapeake pays above average for this role.

Chesapeake's cost of living is 98% 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 Chesapeake spans from $47,380 at the 10th percentile to $128,750 at the 90th percentile — a $81,370 spread. Entry-level professionals start around $49,440, while senior credit analysts with 8+ years of experience can earn up to $123,600. With a population of 249,422, Chesapeake is a mid-sized metro with a growing job market.

Credit Analyst Salary in Chesapeake by Experience

In Chesapeake, an entry-level credit analyst earns around $49,440, while experienced professionals earn up to $123,600 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$49,440
+$1,440 vs national
Mid Level (3-7 yrs)
$80,340
+$2,340 vs national
Senior Level (8+ yrs)
$123,600
+$3,600 vs national

Salary Percentiles in Chesapeake, VA

Percentile Chesapeake
10th Percentile $47,380
25th Percentile $60,770
Median (50th) $79,269
75th Percentile $103,000
90th Percentile $128,750

Credit Analyst Salary in Other Virginia Cities

How to Become a Credit Analyst in Chesapeake

Education

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

Find Credit Analyst Jobs in Chesapeake

Browse open credit analyst positions in Chesapeake, VA:

Frequently Asked Questions: Credit Analyst Salary in Chesapeake

How much does a Credit Analyst make in Chesapeake, VA? ▼
The median credit analyst salary in Chesapeake, Virginia is $79,269 per year, which is 3.0% above the national median of $76,960. Salaries range from $47,380 (10th percentile) to $128,750 (90th percentile).
How much does a Credit Analyst make per hour in Chesapeake? ▼
Based on the median annual salary of $79,269, a credit analyst in Chesapeake earns approximately $38 per hour assuming a standard 2,080-hour work year.
How does Chesapeake compare to the Virginia state average for credit analyst pay? ▼
Chesapeake's median credit analyst salary of $79,269 is 5.5% below the Virginia state average of $83,886. The local cost of living index is 98% of the national average.
What is the cost of living in Chesapeake, VA? ▼
Chesapeake has a cost of living index of 98% compared to the national average. This means a credit analyst salary of $79,269 in Chesapeake has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a credit analyst in Chesapeake? ▼
Most credit analyst positions in Chesapeake 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.