Credit Analyst salary in Minnesota
Credit Analysts in Minnesota earn a median of $82,630 a year ($39.73 an hour), based on BLS data for 1,110 workers.
Pay ranges from $60,530 for the lowest-paid 10% to $131,610 for the top 10%. That is 1% lower than the national median of $83,510. Minnesota ranks 14th of 51 states for credit analysts pay. There are 0.38 credit analysts per 1,000 jobs here — close to the national average. The average (mean) salary is $91,890, above the median because a few high earners pull it up.
Pay range for credit analysts in Minnesota
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $60,530 | $29.10 |
| 25th percentile | $73,080 | $35.14 |
| Median | $82,630 | $39.73 |
| 75th percentile | $102,030 | $49.05 |
| 90th percentile (top earners) | $131,610 | $63.27 |
| Average (mean) | $91,890 | $44.18 |
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 | $6,885.83 |
| Semi-monthly (24 a year) | $3,442.92 |
| Biweekly (26 a year) | $3,178.08 |
| Weekly | $1,589.04 |
| Hourly | $39.73 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Credit Analyst salary in cities in Minnesota
| Metro area | Median salary | Workers |
|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI | $84,570 | 690 |
| Fargo, ND-MN | $83,720 | 150 |
| St. Cloud, MN | $74,170 | 80 |
| Sioux Falls, SD-MN | $66,000 | 200 |
| La Crosse-Onalaska, WI-MN | $65,620 | 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 |
Related jobs in Minnesota
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $81,600 | $39.23 |
| Financial and Investment Analysts | $102,990 | $49.52 |
| Loan Officer | $95,170 | $45.76 |
| Personal Financial Advisor | $102,660 | $49.36 |
| Insurance Underwriter | $80,700 | $38.80 |
| Property Appraisers and Assessors | $83,400 | $40.10 |
| Financial Examiner | $104,260 | $50.12 |
| Financial Risk Specialist | $105,420 | $50.68 |
| Tax Examiners and Collectors, and Revenue Agents | $79,000 | $37.98 |
| Tax Preparer | $59,200 | $28.46 |
| Financial Specialists, All Other | $83,280 | $40.04 |
| Credit Counselor | $62,160 | $29.89 |
| Budget Analyst | $85,970 | $41.33 |
| Market Research Analysts and Marketing Specialists | $87,510 | $42.07 |
More: Business and Financial Operations Occupations · all salaries in Minnesota
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 Minnesota?
The median salary for credit analysts in Minnesota is $82,630 a year, or $39.73 an hour. Pay ranges from $60,530 for the lowest-paid 10% to $131,610 for the top 10%.
How much do the highest-paid credit analysts make in Minnesota?
The top 10% of credit analysts in Minnesota earn at least $131,610 a year. The top 25% earn $102,030 or more.
What is the starting pay for credit analysts in Minnesota?
Entry-level pay (the 10th percentile) is about $60,530 a year, and a quarter of credit analysts earn $73,080 or less.
How many credit analysts work in Minnesota?
About 1,110 credit analysts are employed in Minnesota, not counting the self-employed.