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 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.