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Average Credit Analysts Salary in Birmingham, AL

Yes, Birmingham, AL is a highly lucrative market for Credit Analystss. With an average annual salary of $112,360, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $112,360 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $176,770.
  • Outlook: The current demand for Credit Analystss is stable, with a local workforce of approximately 190 professionals. This role remains a specialized component of the broader Birmingham, AL economy.
2024 Market Data

Salary Overview

$112,360

The average Credit Analysts in Birmingham, AL earns+14.5%above the national average.

BreakdownBased on 40h/week
Hourly

$54

Weekly

$2,161

Monthly

$9,363

Credit Analysts Salary Distribution in Birmingham, AL

The earning potential for Credit Analystss in Birmingham, AL varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $62,460, while highly experienced professionals can command wages upwards of $176,770.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$62,460$30
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$84,270$40.5
ManagerOversees team, compliance, and project delivery.50% (Median)$105,510$50.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$140,450$67.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$176,770$85

Detailed Credit Analysts Market Analysis

Relocation Context

Nominal Salary

$112,360

Gross Pay

Real Wage (Purchasing Power)

$112,360

Adjusted for COL (100)

In Birmingham, AL, the Cost of Living Index is 100. This increases your effective purchasing power from $112,360 to $112,360.

Job Market Context

190

Total Jobs

0.365

Per 1K Jobs

0.84

Location Quotient

Below Average

Birmingham, AL has 0.84x 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.

190 people work as Credit Analysts in Birmingham, AL.

Only 0.365 out of every 1,000 local jobs are Credit Analysts roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Credit Analystss?

Frequently Asked Questions

How much does a Credit Analysts make in Birmingham, AL?

The median annual salary for a Credit Analysts in Birmingham, AL is $112,360. This typically ranges from $62,460 for entry-level positions to $176,770 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Birmingham, AL is 14.5% higher than the national median of $98,110.

Is Birmingham, AL a good place for Credit Analystss?

Yes, Birmingham, AL is financially attractive for Credit Analystss. The average salary of $112,360 exceeds the national average. See distinct detailed breakdown below.

Is Birmingham, AL a good place to live for Credit Analysts?

The Cost of Living Index in Birmingham, AL is 100. While higher than average, this often correlates with higher wages.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 190 employees in the Birmingham, AL area with a job density of 0.365 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Credit Analysts • Data source: BLS OEWS 2024 •Jobs in Birmingham, AL