Credit Analyst salary in Springfield, IL
Credit Analysts in the Springfield, IL metro area earn a median of $73,950 a year ($35.55 an hour), based on BLS data for 40 workers.
Pay ranges from $50,940 for the lowest-paid 10% to $154,200 for the top 10%. That is 11% lower than the national median of $83,510. Pay here is 13% lower than the Illinois statewide median of $84,990. There are 0.38 credit analysts per 1,000 jobs here — close to the national average. The average (mean) salary is $89,280, above the median because a few high earners pull it up.
Pay range for credit analysts in Springfield, IL
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $50,940 | $24.49 |
| 25th percentile | $60,210 | $28.95 |
| Median | $73,950 | $35.55 |
| 75th percentile | $119,070 | $57.24 |
| 90th percentile (top earners) | $154,200 | $74.14 |
| Average (mean) | $89,280 | $42.93 |
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 | $6,162.50 |
| Semi-monthly (24 a year) | $3,081.25 |
| Biweekly (26 a year) | $2,844.23 |
| Weekly | $1,422.12 |
| Hourly | $35.55 |
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 |
|---|---|---|
| Chicago-Naperville-Elgin, IL-IN | $92,900 | 2,560 |
| Champaign-Urbana, IL | $78,860 | 40 |
| Davenport-Moline-Rock Island, IA-IL | $78,090 | 50 |
| St. Louis, MO-IL | $73,850 | 520 |
| Peoria, IL | $66,910 | 30 |
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 Illinois statewide figures.
Related jobs in Springfield, IL
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $86,440 | $41.56 |
| Loan Officer | $78,600 | $37.79 |
| Financial Examiner | $76,790 | $36.92 |
| Financial and Investment Analysts | $83,490 | $40.14 |
| Personal Financial Advisor | $154,370 | $74.22 |
| Financial Specialists, All Other | $69,240 | $33.29 |
| Insurance Underwriter | $74,680 | $35.91 |
| Financial Risk Specialist | $74,360 | $35.75 |
| Business Operations Specialists, All Other | $95,990 | $46.15 |
| Human Resources Specialist | $78,840 | $37.90 |
| Management Analyst | $91,650 | $44.06 |
| Project Management Specialist | $100,030 | $48.09 |
| Market Research Analysts and Marketing Specialists | $65,090 | $31.29 |
| Training and Development Specialists | $69,590 | $33.46 |
More: Business and Financial Operations Occupations · all salaries in Springfield, IL
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 Springfield, IL?
The median salary for credit analysts in the Springfield, IL metro area is $73,950 a year, or $35.55 an hour. Pay ranges from $50,940 for the lowest-paid 10% to $154,200 for the top 10%.
How much do the highest-paid credit analysts make in Springfield, IL?
The top 10% of credit analysts in the Springfield, IL metro area earn at least $154,200 a year. The top 25% earn $119,070 or more.
What is the starting pay for credit analysts in Springfield, IL?
Entry-level pay (the 10th percentile) is about $50,940 a year, and a quarter of credit analysts earn $60,210 or less.
How many credit analysts work in Springfield, IL?
About 40 credit analysts are employed in the Springfield, IL metro area, not counting the self-employed.