Credit Analyst salary in Chicago-Naperville-Elgin, IL-IN
Credit Analysts in the Chicago-Naperville-Elgin, IL-IN metro area earn a median of $92,900 a year ($44.67 an hour), based on BLS data for 2,560 workers.
Pay ranges from $61,190 for the lowest-paid 10% to $172,180 for the top 10%. That is 11% higher than the national median of $83,510. Pay here is 9% higher than the Illinois statewide median of $84,990. There are 0.57 credit analysts per 1,000 jobs here — the job is 1.4× more common than nationally. The average (mean) salary is $106,950, above the median because a few high earners pull it up.
Pay range for credit analysts in Chicago-Naperville-Elgin, IL-IN
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $61,190 | $29.42 |
| 25th percentile | $68,050 | $32.72 |
| Median | $92,900 | $44.67 |
| 75th percentile | $131,000 | $62.98 |
| 90th percentile (top earners) | $172,180 | $82.78 |
| Average (mean) | $106,950 | $51.42 |
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 | $7,741.67 |
| Semi-monthly (24 a year) | $3,870.83 |
| Biweekly (26 a year) | $3,573.08 |
| Weekly | $1,786.54 |
| Hourly | $44.67 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $92,900 salary, see how much house you can afford in Illinois at today's mortgage rates, or work out a payment with the mortgage calculator.
Credit Analyst salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Champaign-Urbana, IL | $78,860 | 40 |
| Davenport-Moline-Rock Island, IA-IL | $78,090 | 50 |
| Cincinnati, OH-KY-IN | $77,500 | 640 |
| Springfield, IL | $73,950 | 40 |
| St. Louis, MO-IL | $73,850 | 520 |
| Evansville, IN | $70,100 | 50 |
| South Bend-Mishawaka, IN-MI | $70,080 | 30 |
| Indianapolis-Carmel-Greenwood, IN | $69,960 | 280 |
| Peoria, IL | $66,910 | 30 |
| Louisville/Jefferson County, KY-IN | $63,020 | 160 |
| Elkhart-Goshen, IN | $62,660 | 40 |
| Fort Wayne, IN | $59,240 | 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 Chicago-Naperville-Elgin, IL-IN
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $82,360 | $39.60 |
| Financial and Investment Analysts | $101,750 | $48.92 |
| Personal Financial Advisor | $113,210 | $54.43 |
| Loan Officer | $80,040 | $38.48 |
| Financial Specialists, All Other | $81,740 | $39.30 |
| Insurance Underwriter | $99,840 | $48.00 |
| Financial Examiner | $98,470 | $47.34 |
| Financial Risk Specialist | $105,370 | $50.66 |
| Tax Preparer | $48,670 | $23.40 |
| Property Appraisers and Assessors | $76,520 | $36.79 |
| Credit Counselor | $57,210 | $27.51 |
| Tax Examiners and Collectors, and Revenue Agents | $93,590 | $45.00 |
| Budget Analyst | $88,460 | $42.53 |
| Management Analyst | $105,090 | $50.53 |
More: Business and Financial Operations Occupations · all salaries in Chicago-Naperville-Elgin, IL-IN
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 Chicago-Naperville-Elgin, IL-IN?
The median salary for credit analysts in the Chicago-Naperville-Elgin, IL-IN metro area is $92,900 a year, or $44.67 an hour. Pay ranges from $61,190 for the lowest-paid 10% to $172,180 for the top 10%.
How much do the highest-paid credit analysts make in Chicago-Naperville-Elgin, IL-IN?
The top 10% of credit analysts in the Chicago-Naperville-Elgin, IL-IN metro area earn at least $172,180 a year. The top 25% earn $131,000 or more.
What is the starting pay for credit analysts in Chicago-Naperville-Elgin, IL-IN?
Entry-level pay (the 10th percentile) is about $61,190 a year, and a quarter of credit analysts earn $68,050 or less.
How many credit analysts work in Chicago-Naperville-Elgin, IL-IN?
About 2,560 credit analysts are employed in the Chicago-Naperville-Elgin, IL-IN metro area, not counting the self-employed.