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Credit Analysts in Michigan

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Credit Analysts in Michigan

Get the information you need to know about working as a Credit Analyst.

8.6% Jobs Projection
$60,860 Median Salary
130 Job Openings

You’re in luck! Jobs for Credit Analysts in Michigan are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Credit Analysts in Michigan is growing faster than average.

  • Credit Analysts in Michigan earn higher salaries than the typical U.S. wage earner.

How Many Credit Analysts Work in Michigan?

In 2018, there were 1,310 Credit Analysts working in the state.

There were 1,340 Credit Analysts employed in this state in 2017.

That’s a decline of 30 jobs between 2017 and 2018.

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The typical state has 845 Credit Analysts working in it, which means Michigan has more Credit Analysts than average.

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Job Projections for Michigan

Jobs for Credit Analysts in this state are growing at a rate of 8.6% which is faster than the nationwide estimated projection of 8.3%.

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Michigan Annual Job Openings

The BLS is projecting 130 annual Credit Analysts job openings in Michigan, and 1,520 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 Michigan?

In 2018 wages for Credit Analysts ranged from $39,250 to $102,870 with $60,860 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $18.87 to $49.46. The median hourly rate was $29.26.

Workers in this field were paid a median of $26.24 an hour in 2017.

The hourly rate grew by $3.02.

The median salary in Michigan is higher than the nationwide median salary.

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Top Michigan 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
Detroit-Warren-Dearborn, MI 840 $63,870
Grand Rapids-Wyoming, MI 140 $54,360
Ann Arbor, MI 60 $58,530
Lansing-East Lansing, MI 50 $49,320

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

More about our data sources and methodologies.

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