Credit Analyst salary in Springfield, MA
Credit Analysts in the Springfield, MA metro area earn a median of $74,470 a year ($35.80 an hour), based on BLS data for 50 workers.
Pay ranges from $53,110 for the lowest-paid 10% to $110,490 for the top 10%. That is 11% lower than the national median of $83,510. Pay here is 23% lower than the Massachusetts statewide median of $97,080. There are 0.25 credit analysts per 1,000 jobs here — the job is less common than nationally (location quotient 0.60). The average (mean) salary is $80,510, above the median because a few high earners pull it up.
Pay range for credit analysts in Springfield, MA
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $53,110 | $25.54 |
| 25th percentile | $63,540 | $30.55 |
| Median | $74,470 | $35.80 |
| 75th percentile | $96,860 | $46.57 |
| 90th percentile (top earners) | $110,490 | $53.12 |
| Average (mean) | $80,510 | $38.71 |
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 | $6,205.83 |
| Semi-monthly (24 a year) | $3,102.92 |
| Biweekly (26 a year) | $2,864.23 |
| Weekly | $1,432.12 |
| Hourly | $35.80 |
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 |
|---|---|---|
| Boston-Cambridge-Newton, MA-NH | $101,890 | 1,080 |
| Providence-Warwick, RI-MA | $80,970 | 250 |
| Worcester, MA | $76,230 | 120 |
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 Massachusetts statewide figures.
Related jobs in Springfield, MA
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $92,010 | $44.24 |
| Financial and Investment Analysts | $103,200 | $49.61 |
| Personal Financial Advisor | $127,870 | $61.48 |
| Loan Officer | $89,480 | $43.02 |
| Insurance Underwriter | $115,420 | $55.49 |
| Financial Specialists, All Other | $76,270 | $36.67 |
| Budget Analyst | $81,360 | $39.11 |
| Property Appraisers and Assessors | $64,090 | $30.81 |
| Credit Counselor | $51,140 | $24.59 |
| Tax Examiners and Collectors, and Revenue Agents | $107,690 | $51.77 |
| Market Research Analysts and Marketing Specialists | $85,970 | $41.33 |
| Human Resources Specialist | $77,740 | $37.37 |
| Buyers and Purchasing Agents | $79,040 | $38.00 |
| Training and Development Specialists | $70,030 | $33.67 |
More: Business and Financial Operations Occupations · all salaries in Springfield, MA
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, MA?
The median salary for credit analysts in the Springfield, MA metro area is $74,470 a year, or $35.80 an hour. Pay ranges from $53,110 for the lowest-paid 10% to $110,490 for the top 10%.
How much do the highest-paid credit analysts make in Springfield, MA?
The top 10% of credit analysts in the Springfield, MA metro area earn at least $110,490 a year. The top 25% earn $96,860 or more.
What is the starting pay for credit analysts in Springfield, MA?
Entry-level pay (the 10th percentile) is about $53,110 a year, and a quarter of credit analysts earn $63,540 or less.
How many credit analysts work in Springfield, MA?
About 50 credit analysts are employed in the Springfield, MA metro area, not counting the self-employed.