Average Credit Analysts Salary in District of Columbia
Yes, District of Columbia is a highly lucrative market for Credit Analystss. With an average annual salary of $122,740, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $122,740 per year.
- Growth Trend: Salaries have shifted 14.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $204,790.
- Outlook: The current demand for Credit Analystss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader District of Columbia economy.
Salary Overview
The average Credit Analysts in District of Columbia earns+25.1%above the national average.
$59
$2,360
$10,228
Credit Analysts Salary Trends (2020-2024)
Over the past 4 years, Credit Analysts salaries in District of Columbia have shown healthy growth of 14.7%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Credit Analysts Salary Distribution in District of Columbia
The earning potential for Credit Analystss in District of Columbia varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.1x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $66,140, while highly experienced professionals can command wages upwards of $204,790.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $66,140 | $31.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $92,055 | $44.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $103,530 | $49.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $153,425 | $73.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $204,790 | $98.5 |
Detailed Credit Analysts Market Analysis
Relocation Context
Nominal Salary
$122,740
Gross Pay
Real Wage (Purchasing Power)
$82,542
Adjusted for COL (148.7)
While the average salary of $122,740 in District of Columbia is 25% higher than the national average, you should be aware of the cost of living. With a Cost of Living Index of 148.7, your real purchasing power is actually lower, effectively feeling like $82,542.
Job Market Context
60
Total Jobs
0.088
Per 1K Jobs
0.2
Location Quotient
At 0.20x, District of Columbia has a notably lower concentration of Credit Analysts jobs than the national average. Opportunities in this area are relatively scarce for this profession.
60 people work as Credit Analysts in District of Columbia.
Only 0.088 out of every 1,000 local jobs are Credit Analysts roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Credit Analysts
| City | Salary | Dist. |
|---|---|---|
| Baltimore-Columbia-Towson, MD Credit Analysts Salary | $99,180↓ 19% | 35 mi |
| Winchester, VA-WV Credit Analysts Salary | $92,370↓ 25% | 64 mi |
Comparing salaries near District of Columbia
Hiring Credit Analystss?
Frequently Asked Questions
How much does a Credit Analysts make in District of Columbia?
The median annual salary for a Credit Analysts in District of Columbia is $122,740. This typically ranges from $66,140 for entry-level positions to $204,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in District of Columbia is 25.1% higher than the national median of $98,110.
Is District of Columbia a good place for Credit Analystss?
Yes, District of Columbia is financially attractive for Credit Analystss. The average salary of $122,740 exceeds the national average. See distinct detailed breakdown below.
Is District of Columbia a good place to live for Credit Analysts?
The Cost of Living Index in District of Columbia is 148.7. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near District of Columbia?
Some top paying nearby cities include Baltimore-Columbia-Towson, MD ($99,180) and Winchester, VA-WV.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the District of Columbia area with a job density of 0.088 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 District of Columbia