Credit Analyst salary in Indianapolis-Carmel-Greenwood, IN
Credit Analysts in the Indianapolis-Carmel-Greenwood, IN metro area earn a median of $69,960 a year ($33.64 an hour), based on BLS data for 280 workers.
Pay ranges from $50,670 for the lowest-paid 10% to $113,220 for the top 10%. That is 16% lower than the national median of $83,510. Pay here is 12% higher than the Indiana statewide median of $62,660. 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 $77,070, above the median because a few high earners pull it up.
Pay range for credit analysts in Indianapolis-Carmel-Greenwood, IN
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $50,670 | $24.36 |
| 25th percentile | $60,390 | $29.03 |
| Median | $69,960 | $33.64 |
| 75th percentile | $82,420 | $39.63 |
| 90th percentile (top earners) | $113,220 | $54.43 |
| Average (mean) | $77,070 | $37.05 |
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 | $5,830 |
| Semi-monthly (24 a year) | $2,915 |
| Biweekly (26 a year) | $2,690.77 |
| Weekly | $1,345.38 |
| Hourly | $33.64 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $69,960 salary, see how much house you can afford in Indiana 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 |
|---|---|---|
| Chicago-Naperville-Elgin, IL-IN | $92,900 | 2,560 |
| Cincinnati, OH-KY-IN | $77,500 | 640 |
| Evansville, IN | $70,100 | 50 |
| South Bend-Mishawaka, IN-MI | $70,080 | 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 Indiana statewide figures.
Related jobs in Indianapolis-Carmel-Greenwood, IN
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $79,290 | $38.12 |
| Personal Financial Advisor | $102,640 | $49.35 |
| Loan Officer | $74,790 | $35.96 |
| Financial and Investment Analysts | $80,470 | $38.69 |
| Financial Specialists, All Other | $95,410 | $45.87 |
| Insurance Underwriter | $79,280 | $38.12 |
| Tax Preparer | $45,780 | $22.01 |
| Property Appraisers and Assessors | $66,720 | $32.08 |
| Credit Counselor | $48,180 | $23.16 |
| Tax Examiners and Collectors, and Revenue Agents | $51,590 | $24.81 |
| Budget Analyst | $87,280 | $41.96 |
| Financial Risk Specialist | $101,910 | $48.99 |
| Financial Examiner | $83,570 | $40.18 |
| Human Resources Specialist | $67,300 | $32.36 |
More: Business and Financial Operations Occupations · all salaries in Indianapolis-Carmel-Greenwood, 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 Indianapolis-Carmel-Greenwood, IN?
The median salary for credit analysts in the Indianapolis-Carmel-Greenwood, IN metro area is $69,960 a year, or $33.64 an hour. Pay ranges from $50,670 for the lowest-paid 10% to $113,220 for the top 10%.
How much do the highest-paid credit analysts make in Indianapolis-Carmel-Greenwood, IN?
The top 10% of credit analysts in the Indianapolis-Carmel-Greenwood, IN metro area earn at least $113,220 a year. The top 25% earn $82,420 or more.
What is the starting pay for credit analysts in Indianapolis-Carmel-Greenwood, IN?
Entry-level pay (the 10th percentile) is about $50,670 a year, and a quarter of credit analysts earn $60,390 or less.
How many credit analysts work in Indianapolis-Carmel-Greenwood, IN?
About 280 credit analysts are employed in the Indianapolis-Carmel-Greenwood, IN metro area, not counting the self-employed.