Credit Analysts

Definition

Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with this credit information for use in decisionmaking.

source: OOH; about this section

Significant Points

2004 employment: 68,000
Projected 2004-14 employment change: More slowly than average
Most significant source of postsecondary education or training: Bachelor's degree

source: OOH; about this section

Quick Stats

Credit analysts

2004 employment: 68,000
2014 projected employment: 70,000
Change — numeric: 2,000; percent: 3.6%
2004 median annual earnings: $47,260; earnings group: very high
2004 self-employed: 0.0%
2004 part-time employment: very low
2004 unemployment: low
Typical education and training: Bachelor's degree
Educational attainment — high school: 11.4%; some college: 23.3%; bachelor's degree: 65.3%

source: Employment Matrix; about this section

Earnings Graph

National Average and Percentile Annual Earnings, May 2005

Metropolitan area and State estimates.

source: Occupational Employment Statistics Program; about this section

Area and Industry Statistics

May 2005 Mean Annual Earnings and Employment, wage and salary workers

Credit analysts
— National
U.S.:	$58,110
— by State
AL:	$47,430
AK:	$55,640
AZ:	$47,440
AR:	$55,850
CA:	$67,290
CO:	n.a.
CT:	$70,810
DC:	$71,030
FL:	$55,840
GA:	$56,420
HI:	$55,230
ID:	$54,080
IL:	$55,370
IN:	$54,190
IA:	$50,350
KS:	$46,030
KY:	$53,120
LA:	$47,160
ME:	$41,480
MD:	$52,620
MA:	$55,880
MI:	$52,290
MN:	$56,670
MS:	$50,520
MO:	$48,390
MT:	$52,090
NE:	$43,300
NV:	$58,890
NH:	$48,270
NJ:	$53,210
NM:	$66,910
NY:	$81,060
NC:	$59,840
ND:	$47,960
OH:	$53,190
OK:	$45,640
OR:	$52,830
PA:	$50,340
SC:	$58,140
SD:	$47,080
TN:	$49,590
TX:	$57,920
UT:	$49,940
VT:	$53,800
VA:	$61,260
WA:	$53,970
WV:	$48,340
WI:	$49,130
WY:	$43,120
PR:	$32,580
— by NAICS Industry Sector
22	$73,720
23	$48,310
31-33	$51,070
42	$51,820
44-45	$72,880
48-49	$56,950
51	$56,350
52	$56,450
53	$57,170
54	$62,370
55	$54,580
56	$52,790
61	$52,070
62	$44,090
72	$49,560
81	$39,060
92	$49,760
Also see State and Metropolitan Area and industry estimates of employment and percentile earnings for credit analysts.

Width of bars indicates mean annual wages; color of bars indicates employment.

source: Occupational Employment Statistics Program; about this section

Census Statistics

1999 employment and earnings distribution, year-round full-time workers

Credit analysts

	Percentile earnings distribution
	10th	25th	50th	75th	90th
All workers employment: 24,870 average earnings: $41,000	$21,000	$27,000	$35,000	$45,000	$62,000
Men employment: 9,870 average earnings: $41,000	$25,000	$30,000	$40,000	$52,000	$75,000
Women employment: 15,000 average earnings: $36,000	$20,000	$25,000	$32,000	$40,000	$52,000

source: Bureau of the Census; about this section

Also see Credit analysts in the 2004-05 edition of the Occupational Outlook Handbook
Visit the ocouha weblog
See the Occupational Outlook Handbook in print.