Business & Finance Norfolk, VA Pop. 238,005

Credit Analyst Salary in Norfolk, Virginia

The median credit analyst salary in Norfolk, VA is $77,730 per year, which is 1.0% above the national median and 7.3% below the Virginia state average.

City Median
$77,730
vs State Avg
$-6,156
vs National
+$770
Cost of Living
96%

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

Norfolk offers a median credit analyst salary of $77,730, which is $6,156 below the Virginia state average of $83,886. Compared to the national median of $76,960, Norfolk pays above average for this role.

Norfolk's cost of living is 96% 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 Norfolk spans from $46,460 at the 10th percentile to $126,250 at the 90th percentile — a $79,790 spread. Entry-level professionals start around $48,480, while senior credit analysts with 8+ years of experience can earn up to $121,200. With a population of 238,005, Norfolk is a mid-sized metro with a growing job market.

Credit Analyst Salary in Norfolk by Experience

In Norfolk, an entry-level credit analyst earns around $48,480, while experienced professionals earn up to $121,200 per year. The local cost of living index is 96% of the national average.

Entry Level (0-2 yrs)
$48,480
+$480 vs national
Mid Level (3-7 yrs)
$78,780
+$780 vs national
Senior Level (8+ yrs)
$121,200
+$1,200 vs national

Salary Percentiles in Norfolk, VA

Percentile Norfolk
10th Percentile $46,460
25th Percentile $59,590
Median (50th) $77,730
75th Percentile $101,000
90th Percentile $126,250

Credit Analyst Salary in Other Virginia Cities

How to Become a Credit Analyst in Norfolk

Education

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

Find Credit Analyst Jobs in Norfolk

Browse open credit analyst positions in Norfolk, VA:

Frequently Asked Questions: Credit Analyst Salary in Norfolk

How much does a Credit Analyst make in Norfolk, VA? ▼
The median credit analyst salary in Norfolk, Virginia is $77,730 per year, which is 1.0% above the national median of $76,960. Salaries range from $46,460 (10th percentile) to $126,250 (90th percentile).
How much does a Credit Analyst make per hour in Norfolk? ▼
Based on the median annual salary of $77,730, a credit analyst in Norfolk earns approximately $37 per hour assuming a standard 2,080-hour work year.
How does Norfolk compare to the Virginia state average for credit analyst pay? ▼
Norfolk's median credit analyst salary of $77,730 is 7.3% below the Virginia state average of $83,886. The local cost of living index is 96% of the national average.
What is the cost of living in Norfolk, VA? ▼
Norfolk has a cost of living index of 96% compared to the national average. This means a credit analyst salary of $77,730 in Norfolk has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a credit analyst in Norfolk? ▼
Most credit analyst positions in Norfolk 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.