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Updated May 25, 2024

Credit Analysts Salaries

Rockford, Illinois, US

Average Base Pay


26.69% above national average

Additional Cash Compensation

Average: $55,520

Range: $35,810-$81,560


How much does a Credit Analysts role make in Rockford, Illinois, US?

Career Ladder Pay for Credit Analysts Roles

A person in an entry-level Credit Analysts role with under one year of job experience can expect to make an average annual salary of $35,810. A Credit Analysts candidate with 1-4 years of experience makes an average total salary of $44,010. A person in a mid-career Credit Analysts role with 5-9 years of experience makes an average salary of $55,520 a year. Credit Analysts with 10 or more years of experience make an average of $73,510. In their late career (over 20 years of experience), a person in a Credit Analysts role’s annual salary averages $81,560 per year.

What is the average Credit Analysts salary in Rockford, Illinois, US?

Average base salary, as of 2024 : $55,520

Salary Breakdown

  Average base salary (percentile)
Annual salary$13,880$27,760$41,640
Monthly salary$1,157$2,313$3,470
Weekly salary$289$578$868
Hourly salary$41$83$124

Where can a Credit Analysts role earn more money?



Will extra certification for Credit Analysts roles boost salary?

While certifications are not required for every Credit Analysts position, they can certainly increase your salary and lead to an easier recruitment process when applying to enterprises that favor candidates with additional certifications.

Is the Credit Analysts position in high demand?

The current Bureau of Labor Statistics states the salary is $55,520 higher than the national average for Credit Analysts positions.

Is there advancement potential for a Credit Analysts role?

Yes, there is strong potential for promotion — either with an additional educational degree or with continued years of experience. There are a multitude of other positions Credit Analysts roles that can advance both internally and with another company.

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