Credit Analyst salary in Memphis, TN-MS-AR
Credit Analysts in the Memphis, TN-MS-AR metro area earn a median of $66,890 a year ($32.16 an hour), based on BLS data for 270 workers.
Pay ranges from $48,430 for the lowest-paid 10% to $134,010 for the top 10%. That is 20% lower than the national median of $83,510. Pay here is 8% lower than the Tennessee statewide median of $72,550. There are 0.45 credit analysts per 1,000 jobs here — close to the national average. The average (mean) salary is $83,390, above the median because a few high earners pull it up.
Pay range for credit analysts in Memphis, TN-MS-AR
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $48,430 | $23.29 |
| 25th percentile | $60,250 | $28.97 |
| Median | $66,890 | $32.16 |
| 75th percentile | $93,590 | $44.99 |
| 90th percentile (top earners) | $134,010 | $64.43 |
| Average (mean) | $83,390 | $40.09 |
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 | $5,574.17 |
| Semi-monthly (24 a year) | $2,787.08 |
| Biweekly (26 a year) | $2,572.69 |
| Weekly | $1,286.35 |
| Hourly | $32.16 |
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 |
|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin, TN | $78,410 | 510 |
| Hattiesburg, MS | $76,350 | 50 |
| Jackson, MS | $75,750 | 90 |
| Little Rock-North Little Rock-Conway, AR | $68,380 | 90 |
| Johnson City, TN | $63,790 | 40 |
| Chattanooga, TN-GA | $62,150 | 60 |
| Knoxville, TN | $58,550 | 280 |
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 Tennessee statewide figures.
Related jobs in Memphis, TN-MS-AR
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $76,960 | $37.00 |
| Tax Examiners and Collectors, and Revenue Agents | $49,440 | $23.77 |
| Loan Officer | $63,250 | $30.41 |
| Financial and Investment Analysts | $91,180 | $43.84 |
| Personal Financial Advisor | $100,120 | $48.13 |
| Financial Specialists, All Other | $72,090 | $34.66 |
| Property Appraisers and Assessors | $60,860 | $29.26 |
| Tax Preparer | $35,410 | $17.02 |
| Budget Analyst | $93,450 | $44.93 |
| Insurance Underwriter | $80,160 | $38.54 |
| Financial Risk Specialist | $88,910 | $42.74 |
| Credit Counselor | $60,210 | $28.95 |
| Financial Examiner | $102,420 | $49.24 |
| Human Resources Specialist | $69,150 | $33.24 |
More: Business and Financial Operations Occupations · all salaries in Memphis, TN-MS-AR
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 Memphis, TN-MS-AR?
The median salary for credit analysts in the Memphis, TN-MS-AR metro area is $66,890 a year, or $32.16 an hour. Pay ranges from $48,430 for the lowest-paid 10% to $134,010 for the top 10%.
How much do the highest-paid credit analysts make in Memphis, TN-MS-AR?
The top 10% of credit analysts in the Memphis, TN-MS-AR metro area earn at least $134,010 a year. The top 25% earn $93,590 or more.
What is the starting pay for credit analysts in Memphis, TN-MS-AR?
Entry-level pay (the 10th percentile) is about $48,430 a year, and a quarter of credit analysts earn $60,250 or less.
How many credit analysts work in Memphis, TN-MS-AR?
About 270 credit analysts are employed in the Memphis, TN-MS-AR metro area, not counting the self-employed.