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Average Credit Analysts Salary in Denver-Aurora-Centennial, CO

Credit Analysts in Denver-Aurora-Centennial, CO, command an impressive average annual salary of $119,870, significantly outpacing the national average of $98,110. This elevated compensation reflects the dynamic economic landscape and the specific demand for financial expertise within the Denver metropolitan area, suggesting a strong correlation between local market needs and remuneration.

Executive Summary

  • Average Salary: $119,870 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $182,240.
  • Outlook: With a local workforce of 700 Credit Analysts and a Location Quotient of 0.99, the job market in Denver-Aurora-Centennial, CO, is nearly on par with the national concentration. This indicates a stable and consistent demand for these professionals, suggesting a robust employment environment where opportunities are readily available for skilled individuals.
2024 Market Data

Salary Overview

$119,870

The average Credit Analysts in Denver-Aurora-Centennial, CO earns+22.2%above the national average.

BreakdownBased on 40h/week
Hourly

$57.6

Weekly

$2,305

Monthly

$9,989

Credit Analysts Salary Distribution in Denver-Aurora-Centennial, CO

The salary spectrum for Credit Analysts in Denver-Aurora-Centennial, CO, naturally widens with experience. Entry-level positions typically fall within the lower percentiles, while seasoned professionals with extensive expertise and a proven track record can command salaries in the upper percentiles. These percentile gaps are indicative of significant career progression and the increasing value placed on advanced analytical skills.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$63,910$30.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$89,903$43.2
ManagerOversees team, compliance, and project delivery.50% (Median)$100,670$48.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$149,838$72
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$182,240$87.6

Detailed Credit Analysts Market Analysis

Relocation Context

Nominal Salary

$119,870

Gross Pay

Real Wage (Purchasing Power)

$119,870

Adjusted for COL (100)

Earning an average of $119,870 annually in Denver-Aurora-Centennial, CO, presents a favorable financial situation, especially considering the local Cost of Living Index is exactly at the national average of 100. This means your nominal salary effectively translates to purchasing power that is aligned with the rest of the country, offering a balanced lifestyle.

Job Market Context

700

Total Jobs

0.431

Per 1K Jobs

0.99

Location Quotient

Below Average

Denver-Aurora-Centennial, CO has 0.99x 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.

The Location Quotient of 0.99 for Credit Analysts in Denver-Aurora-Centennial, CO, signifies that the concentration of these roles is very close to the national average. This suggests a competitive yet accessible job market, where the number of available positions is well-balanced with the number of professionals, indicating steady hiring without extreme saturation.

Nearby Job Markets

Hiring Credit Analystss?

Frequently Asked Questions

How much does a Credit Analysts make in Denver-Aurora-Centennial, CO?

The median annual salary for a Credit Analysts in Denver-Aurora-Centennial, CO is $119,870. This typically ranges from $63,910 for entry-level positions to $182,240 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Denver-Aurora-Centennial, CO is 22.2% higher than the national median of $98,110.

Is Denver-Aurora-Centennial, CO a lucrative place for Credit Analysts?

Yes.Credit Analysts in Denver-Aurora-Centennial, CO, earn significantly above the national average salary ($119,870 vs $98,110) while maintaining a cost of living at the national average.

Is Denver-Aurora-Centennial, CO a good place to live for Credit Analysts?

The Cost of Living Index in Denver-Aurora-Centennial, CO is 100. While higher than average, this often correlates with higher wages.

How does the Denver Credit Analyst salary compare to the national average?

The average annual salary for Credit Analysts in Denver-Aurora-Centennial, CO, is $119,870, which is substantially higher than the national average of $98,110.

What is the concentration of Credit Analysts in Denver-Aurora-Centennial, CO?

The concentration, measured by the Location Quotient, is 0.99, indicating that the presence of Credit Analysts in this area is nearly identical to the national average.

How does the cost of living in Denver-Aurora-Centennial, CO affect salary perception?

With a Cost of Living Index of 100, the local cost of living matches the national average, meaning the higher Denver salary of $119,870 offers strong purchasing power.

What does the number of jobs per 1,000 workers suggest for Credit Analysts in Denver?

With 0.431 jobs per 1,000 workers, it indicates a moderate presence of Credit Analyst roles within the broader workforce, suggesting consistent opportunities.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 700 employees in the Denver-Aurora-Centennial, CO area with a job density of 0.431 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Denver-Aurora-Centennial, CO

Semantic Salary Analysis for Credit Analysts • Data source: BLS OEWS 2024 •Jobs in Denver-Aurora-Centennial, CO