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Average Credit Analysts Salary in Dallas-Fort Worth-Arlington, TX

In the Dallas-Fort Worth-Arlington, TX metropolitan area, Credit Analysts earn an average annual salary of $89,190. This figure is notably below the national average of $98,110, suggesting that while the demand is present, local market dynamics or specific industry concentrations may influence compensation levels compared to the broader U.S. landscape.

Executive Summary

  • Average Salary: $89,190 per year.
  • Growth Trend: Salaries have shifted 14.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $134,170.
  • Outlook: The Dallas-Fort Worth-Arlington area supports a substantial workforce of 3,530 Credit Analysts, with a jobs-per-1,000-workers ratio of 0.881. The Location Quotient of 2.02 indicates a significant concentration of these roles compared to the national average, signaling robust demand and a potentially dynamic job market for skilled professionals in this sector within the region.
2024 Market Data

Salary Overview

$89,190

The average Credit Analysts in Dallas-Fort Worth-Arlington, TX earns-9.1%below the national average.

BreakdownBased on 40h/week
Hourly

$42.9

Weekly

$1,715

Monthly

$7,433

Credit Analysts Salary Distribution in Dallas-Fort Worth-Arlington, TX

Salary progression for Credit Analysts in Dallas-Fort Worth-Arlington typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. These percentile gaps clearly signify the career progression and increased earning potential available as one advances in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$52,580$25.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$66,893$32.2
ManagerOversees team, compliance, and project delivery.50% (Median)$79,620$38.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$111,488$53.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$134,170$64.5

Detailed Credit Analysts Market Analysis

Relocation Context

Nominal Salary

$89,190

Gross Pay

Real Wage (Purchasing Power)

$89,190

Adjusted for COL (100)

The average annual salary of $89,190 for Credit Analysts in Dallas-Fort Worth-Arlington aligns precisely with the national average cost of living index of 100. This means that the nominal salary holds its purchasing power effectively within the local market, offering a stable financial standing relative to national benchmarks without the added pressure of a higher or lower cost of living.

Job Market Context

3,530

Total Jobs

0.881

Per 1K Jobs

2.02

Location Quotient

Major Hub

Dallas-Fort Worth-Arlington, TX has 2.0x the national concentration of Credit Analysts jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 2.02, the Dallas-Fort Worth-Arlington metropolitan area demonstrates a concentration of Credit Analyst roles that is more than double the national average. This high quotient suggests a competitive and robust job market where demand for these financial professionals is particularly strong, potentially offering ample opportunities for both new entrants and experienced analysts.

Nearby Job Markets

Hiring Credit Analystss?

Frequently Asked Questions

How much does a Credit Analysts make in Dallas-Fort Worth-Arlington, TX?

The median annual salary for a Credit Analysts in Dallas-Fort Worth-Arlington, TX is $89,190. This typically ranges from $52,580 for entry-level positions to $134,170 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Dallas-Fort Worth-Arlington, TX is 9.1% lower than the national median of $98,110.

Is Dallas-Fort Worth-Arlington, TX a lucrative place for Credit Analysts?

Yes, with caveats.While the average salary of $89,190 is below the national average, the high concentration of roles (LQ 2.02) and a cost of living at the national average indicate strong local demand and stable purchasing power for Credit Analysts.

Is Dallas-Fort Worth-Arlington, TX a good place to live for Credit Analysts?

The Cost of Living Index in Dallas-Fort Worth-Arlington, TX is 100. While higher than average, this often correlates with higher wages.

How does the Dallas-Fort Worth-Arlington salary compare to the national average?

The average salary for Credit Analysts in Dallas-Fort Worth-Arlington is $89,190, which is approximately $8,920 less than the national average of $98,110.

What is the significance of the Location Quotient (LQ) for Credit Analysts in Dallas?

An LQ of 2.02 means that Credit Analyst jobs are more than twice as concentrated in the Dallas-Fort Worth-Arlington area compared to the national average, indicating a strong regional demand for these professionals.

Does the cost of living in Dallas-Fort Worth-Arlington affect the salary?

No, the cost of living in Dallas-Fort Worth-Arlington is exactly at the national average (100). This means the $89,190 salary has the same purchasing power as the national average salary.

How many Credit Analysts work in the Dallas-Fort Worth-Arlington area?

There are approximately 3,530 Credit Analysts employed within the Dallas-Fort Worth-Arlington metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,530 employees in the Dallas-Fort Worth-Arlington, TX area with a job density of 0.881 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Dallas-Fort Worth-Arlington, TX

Semantic Salary Analysis for Credit Analysts • Data source: BLS OEWS 2024 •Jobs in Dallas-Fort Worth-Arlington, TX