Credit Analysts in Minnesota
Considering a career as a Credit Analyst in Minnesota?
You’re in luck! Jobs for Credit Analysts in Minnesota are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Credit Analysts in Minnesota is growing faster than average.
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Credit Analysts in Minnesota earn higher salaries than the typical U.S. wage earner.
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How Many Credit Analysts Work in Minnesota?
In Minnesota, there were 2,300 people working as Credit Analysts in the year 2018.
There were 3,060 Credit Analysts employed in this state in 2017.
That’s a decline of 760 jobs between 2017 and 2018.
The typical state has 845 Credit Analysts working in it, which means Minnesota has more Credit Analysts than average.
Job Projections for Minnesota
Jobs for Credit Analysts in this state are growing at a rate of 6.5% which is slower than the nationwide estimated projection of 8.3%.
Minnesota Annual Job Openings
The BLS estimates there will be 320 annual job openings, and 3,770 total jobs in 2026 for Credit Analysts in this state.
Nationwide, the prediction is 6,800 annual jobs and 79,900 total jobs in 2026.
What do Credit Analysts Make in Minnesota?
In 2018 wages for Credit Analysts ranged from $48,340 to $123,390 with $73,910 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $23.24 to $59.32. The median hourly rate was $35.53.
Workers in this field were paid a median of $35.99 an hour in 2017.
The hourly rate declined by $0.46.
The median salary in Minnesota is higher than the nationwide median salary.
Top Minnesota 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 |
|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI | 1,680 | $76,930 |
| St. Cloud, MN | 170 | $62,080 |
| Fargo, ND-MN | 90 | $64,060 |
| Rochester, MN | 60 | $71,690 |
| La Crosse-Onalaska, WI-MN | 40 | $49,790 |
| Duluth, MN-WI | 30 | $63,560 |
| Mankato-North Mankato, MN | 30 | $65,660 |
Top States for Credit Analysts Employment
The table below shows the states 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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