Credit Analysts in Massachusetts
Is Massachusetts a good place for you to work as a Credit Analyst?
You’re in luck! Jobs for Credit Analysts in Massachusetts are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Credit Analysts in Massachusetts is growing slower than average.
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Credit Analysts in Massachusetts earn higher salaries than the typical U.S. wage earner.
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How Many Credit Analysts Work in Massachusetts?
2,240 people worked as Credit Analysts in 2018 in this state.
There were 1,990 Credit Analysts employed in this state in 2017.
That’s growth of 250 jobs between 2017 and 2018.
The typical state has 845 Credit Analysts working in it, which means Massachusetts has more Credit Analysts than average.
Job Projections for Massachusetts
Jobs for Credit Analysts in this state are growing at a rate of 3.9% which is slower than the nationwide estimated projection of 8.3%.
Massachusetts Annual Job Openings
The BLS is projecting 440 annual Credit Analysts job openings in Massachusetts, and 5,270 total jobs in the year 2026.
Nationwide, the prediction is 6,800 annual jobs and 79,900 total jobs in 2026.
What do Credit Analysts Make in Massachusetts?
In 2018 wages for Credit Analysts ranged from $53,150 to $130,040 with $76,220 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $25.55 to $62.52. The median hourly rate was $36.65.
Workers in this field were paid a median of $35.19 an hour in 2017.
The hourly rate grew by $1.46.
The median salary in Massachusetts is higher than the nationwide median salary.
Top Massachusetts Metros for Credit Analysts
The table below shows some of the metros in this state with the most Credit Analysts.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Boston-Cambridge-Nashua, MA-NH | 2,030 | $76,890 |
| Providence-Warwick, RI-MA | 760 | $66,490 |
| Worcester, MA-CT | 140 | $78,490 |
| Springfield, MA-CT | 50 | $61,620 |
Top States for Credit Analysts Employment
View the list below to see where most Credit Analysts work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| California | 8,620 | $79,210 |
| Texas | 7,700 | $69,270 |
| New York | 7,440 | $102,620 |
| Illinois | 3,330 | $65,610 |
| Ohio | 2,980 | $70,500 |
| Florida | 2,890 | $72,120 |
| New Jersey | 2,690 | $77,530 |
| North Carolina | 2,560 | $74,050 |
| Pennsylvania | 2,330 | $76,610 |
| Georgia | 2,320 | $63,700 |
| Minnesota | 2,300 | $73,910 |
| Massachusetts | 2,240 | $76,220 |
| Missouri | 1,960 | $64,290 |
| Wisconsin | 1,820 | $61,670 |
| Virginia | 1,730 | $80,380 |
| Arizona | 1,710 | $55,760 |
| Colorado | 1,370 | $69,810 |
| Maryland | 1,310 | $64,100 |
| Washington | 1,310 | $71,420 |
| Michigan | 1,310 | $60,860 |
Below are the states where Credit Analysts get paid the most:
| State | Annual Median Salary |
|---|---|
| District of Columbia | $106,750 |
| New York | $102,620 |
| Virginia | $80,380 |
| Hawaii | $79,230 |
| California | $79,210 |
| New Hampshire | $77,840 |
| New Jersey | $77,530 |
| Pennsylvania | $76,610 |
| Connecticut | $76,510 |
| Massachusetts | $76,220 |
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Pixabay under License
More about our data sources and methodologies.
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