Michigan ranks 34th of 51 states and D.C. for credit analysts pay, trailing top-paying New York ($132,690) by $60,070 — a 83% gap.
The 10th-to-90th percentile range runs from $49,160 to $128,610 — a $79,450 spread, 31% tighter than the national $115,910 range.
Credit Analysts are less concentrated in Michigan than the U.S. average — a location quotient of 0.66 means the occupation's share of local jobs is 1.52× below the national share.
Salary Range: 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly Wage |
|---|---|---|
| 10th percentile (entry-level) | $49,160 | $23.64 |
| 25th percentile | $60,840 | $29.25 |
| 50th percentile (median) | $72,620 | $34.92 |
| 75th percentile | $84,710 | $40.72 |
| 90th percentile (top earners) | $128,610 | $61.83 |
| Mean (average) | $80,130 | $38.53 |
How Michigan Compares
| State | Median Annual | vs. Michigan |
|---|---|---|
| Michigan (current) | $72,620 | n/a |
| New York | $132,690 | +83% |
| District of Columbia | $103,530 | +43% |
| Alabama | $101,050 | +39% |
| New Jersey | $100,210 | +38% |
| Delaware | $99,030 | +36% |
| Virginia | $97,590 | +34% |
| Colorado | $95,670 | +32% |
| Massachusetts | $88,490 | +22% |
Showing top-paying states with available data. View all states →
Related Occupations in Michigan
| Occupation | Median Annual | Employment |
|---|---|---|
| Electricians | $72,680 | 24,670 |
| Loan Officers | $72,680 | 10,910 |
| Dietitians and Nutritionists | $72,550 | 2,140 |
| Securities, Commodities, and Financial Services Sales Agents | $73,310 | 5,560 |
| Buyers and Purchasing Agents | $73,360 | 16,740 |
| Education Administrators, All Other | $73,760 | 910 |
Frequently Asked Questions
What is the average Credit Analysts salary in Michigan?
The mean credit analysts salary in Michigan is $80,130 per year. The median (middle) salary is $72,620 per year.
What is the starting salary for a Credit Analysts in Michigan?
Entry-level credit analystss (10th percentile) in Michigan typically earn around $49,160 per year. Workers at the 25th percentile earn approximately $60,840 per year.
What is the highest Credit Analysts salary in Michigan?
Top earners (90th percentile) in this occupation in Michigan make approximately $128,610 per year. Those in the 75th percentile earn around $84,710 per year.
How does the Michigan Credit Analysts salary compare to the national average?
The median credit analysts salary in Michigan is $72,620, which is -10% below national average of $80,970.