Credit Analyst salary in Cedar Rapids, IA
Credit Analysts in the Cedar Rapids, IA metro area earn a median of $73,590 a year ($35.38 an hour), based on BLS data for 80 workers.
Pay ranges from $66,530 for the lowest-paid 10% to $94,880 for the top 10%. That is 12% lower than the national median of $83,510. Pay here is 4% lower than the Iowa statewide median of $76,760. There are 0.54 credit analysts per 1,000 jobs here — the job is 1.3× more common than nationally. The average (mean) salary is $77,140, above the median because a few high earners pull it up.
Pay range for credit analysts in Cedar Rapids, IA
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $66,530 | $31.99 |
| 25th percentile | $66,530 | $31.99 |
| Median | $73,590 | $35.38 |
| 75th percentile | $83,250 | $40.03 |
| 90th percentile (top earners) | $94,880 | $45.61 |
| Average (mean) | $77,140 | $37.09 |
Half of credit analysts earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $6,132.50 |
| Semi-monthly (24 a year) | $3,066.25 |
| Biweekly (26 a year) | $2,830.38 |
| Weekly | $1,415.19 |
| Hourly | $35.38 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Credit Analyst salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Omaha, NE-IA | $86,250 | 320 |
| Des Moines-West Des Moines, IA | $80,190 | 160 |
| Davenport-Moline-Rock Island, IA-IL | $78,090 | 50 |
Highest-paying states for credit analysts
| State | Median salary |
|---|---|
| New York | $133,270 |
| District of Columbia | $132,590 |
| Virginia | $102,430 |
| New Jersey | $100,940 |
| Hawaii | $98,900 |
| Connecticut | $98,230 |
| California | $97,860 |
| Massachusetts | $97,080 |
| Delaware | $94,680 |
| North Carolina | $94,570 |
See Credit Analyst pay in every state or the Iowa statewide figures.
Related jobs in Cedar Rapids, IA
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $77,180 | $37.11 |
| Personal Financial Advisor | $93,320 | $44.87 |
| Financial and Investment Analysts | $82,840 | $39.83 |
| Loan Officer | $85,990 | $41.34 |
| Financial Specialists, All Other | $77,240 | $37.13 |
| Insurance Underwriter | $77,440 | $37.23 |
| Financial Examiner | $82,620 | $39.72 |
| Tax Preparer | $51,820 | $24.92 |
| Financial Risk Specialist | $91,480 | $43.98 |
| Property Appraisers and Assessors | $89,270 | $42.92 |
| Market Research Analysts and Marketing Specialists | $63,630 | $30.59 |
| Project Management Specialist | $93,760 | $45.08 |
| Business Operations Specialists, All Other | $72,740 | $34.97 |
| Human Resources Specialist | $63,070 | $30.32 |
More: Business and Financial Operations Occupations · all salaries in Cedar Rapids, IA
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2041. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a credit analyst make in Cedar Rapids, IA?
The median salary for credit analysts in the Cedar Rapids, IA metro area is $73,590 a year, or $35.38 an hour. Pay ranges from $66,530 for the lowest-paid 10% to $94,880 for the top 10%.
How much do the highest-paid credit analysts make in Cedar Rapids, IA?
The top 10% of credit analysts in the Cedar Rapids, IA metro area earn at least $94,880 a year. The top 25% earn $83,250 or more.
What is the starting pay for credit analysts in Cedar Rapids, IA?
Entry-level pay (the 10th percentile) is about $66,530 a year, and a quarter of credit analysts earn $66,530 or less.
How many credit analysts work in Cedar Rapids, IA?
About 80 credit analysts are employed in the Cedar Rapids, IA metro area, not counting the self-employed.