Average Credit Analysts Salary in Austin-Round Rock-San Marcos, TX
Credit Analysts in the Austin-Round Rock-San Marcos, TX area earn an average annual salary of $94,980. This figure is slightly below the national average of $98,110, suggesting a localized market dynamic that influences compensation. Factors such as regional economic conditions and the specific demand within the Austin metropolitan area contribute to this pay scale.
Executive Summary
- Average Salary: $94,980 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $149,750.
- Outlook: The local job market for Credit Analysts in Austin-Round Rock-San Marcos, TX, while not exceptionally concentrated with a Location Quotient of 0.69, still represents a stable employment base with 380 professionals. The presence of 0.302 jobs per 1,000 workers indicates a consistent, albeit not booming, demand for these financial expertise roles within the region.
Salary Overview
The average Credit Analysts in Austin-Round Rock-San Marcos, TX earns-3.2%below the national average.
$45.7
$1,827
$7,915
Credit Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Credit Analyst salaries in Austin-Round Rock-San Marcos, TX have experienced growth over the past four years, mirroring national trends. Economic expansion and evolving financial landscapes typically drive upward adjustments in compensation for skilled professionals in this field.
Credit Analysts Salary Distribution in Austin-Round Rock-San Marcos, TX
Salary progression for Credit Analysts in Austin-Round Rock-San Marcos, TX is strongly tied to experience. Entry-level positions typically command lower salaries, while senior analysts with extensive experience and specialized skills can earn significantly more, often reaching into the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $57,040 | $27.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $71,235 | $34.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $82,100 | $39.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $118,725 | $57.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $149,750 | $72 |
Detailed Credit Analysts Market Analysis
Relocation Context
Nominal Salary
$94,980
Gross Pay
Real Wage (Purchasing Power)
$94,980
Adjusted for COL (100)
The average annual salary of $94,980 for Credit Analysts in Austin-Round Rock-San Marcos, TX aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a Credit Analyst's salary in this region is comparable to the national standard, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective.
Job Market Context
380
Total Jobs
0.302
Per 1K Jobs
0.69
Location Quotient
Austin-Round Rock-San Marcos, TX has 0.69x the national average concentration of Credit Analysts jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.69, the Austin-Round Rock-San Marcos, TX area has a lower concentration of Credit Analysts compared to the national average. This suggests that while the job market is present and stable, it may be less saturated than in other major financial hubs, potentially offering a competitive edge for skilled professionals seeking opportunities.
Nearby Job Markets
Nearby Cities for Credit Analysts
| City | Salary | Dist. |
|---|---|---|
| North Region of Texas nonmetropolitan area Credit Analysts Salary | $69,640↓ 27% | 53 mi |
Comparing salaries near Austin-Round Rock-San Marcos, TX
Hiring Credit Analystss?
Frequently Asked Questions
How much does a Credit Analysts make in Austin-Round Rock-San Marcos, TX?
The median annual salary for a Credit Analysts in Austin-Round Rock-San Marcos, TX is $94,980. This typically ranges from $57,040 for entry-level positions to $149,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Austin-Round Rock-San Marcos, TX is 3.2% lower than the national median of $98,110.
Is Austin-Round Rock-San Marcos, TX a lucrative place for Credit Analysts?
Yes, it offers a competitive salary relative to the cost of living.Credit Analysts in this region earn a substantial $94,980 annually, which holds its value due to a cost of living index matching the national average.
Is Austin-Round Rock-San Marcos, TX a good place to live for Credit Analysts?
The Cost of Living Index in Austin-Round Rock-San Marcos, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Austin-Round Rock-San Marcos, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($69,640) and others.
How does the Austin Credit Analyst salary compare to the national average?
The average salary for Credit Analysts in Austin-Round Rock-San Marcos, TX is $94,980, which is slightly lower than the national average of $98,110.
What is the cost of living in Austin-Round Rock-San Marcos, TX for Credit Analysts?
The cost of living in Austin-Round Rock-San Marcos, TX is exactly at the national average, with an index of 100.
How many Credit Analysts are there in the Austin-Round Rock-San Marcos, TX area?
There are approximately 380 Credit Analysts working in the Austin-Round Rock-San Marcos, TX metropolitan area.
Is the market for Credit Analysts concentrated in Austin-Round Rock-San Marcos, TX?
No, the market is less concentrated than the national average, with a Location Quotient of 0.69, indicating a stable but not overly saturated job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Austin-Round Rock-San Marcos, TX area with a job density of 0.302 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Credit Analysts • Data source: BLS OEWS 2024 •Jobs in Austin-Round Rock-San Marcos, TX