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Credit Analysts in Minnesota

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Credit Analysts in Minnesota

Considering a career as a Credit Analyst in Minnesota?

6.5% Jobs Projection
$73,910 Median Salary
320 Job Openings

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

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

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

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.

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

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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%.

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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.

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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

More about our data sources and methodologies.

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