Average Credit Analysts Salary in Durham-Chapel Hill, NC
The average salary for a Credit Analysts in Durham-Chapel Hill, NC is $91,110. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $91,110 per year.
- Growth Trend: Salaries have shifted 19.3% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $126,230.
- 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 Durham-Chapel Hill, NC economy.
Salary Overview
The average Credit Analysts in Durham-Chapel Hill, NC earns-7.1%below the national average.
$43.8
$1,752
$7,593
Credit Analysts Salary Trends (2020-2024)
Over the past 4 years, Credit Analysts salaries in Durham-Chapel Hill, NC have seen a slight adjustment of -19.3%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Credit Analysts Salary Distribution in Durham-Chapel Hill, NC
The earning potential for Credit Analystss in Durham-Chapel Hill, NC varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $60,560, while highly experienced professionals can command wages upwards of $126,230.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $60,560 | $29.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $68,333 | $32.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $80,380 | $38.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $113,888 | $54.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $126,230 | $60.7 |
Detailed Credit Analysts Market Analysis
Relocation Context
Nominal Salary
$91,110
Gross Pay
Real Wage (Purchasing Power)
$91,110
Adjusted for COL (100)
In Durham-Chapel Hill, NC, the Cost of Living Index is 100. This increases your effective purchasing power from $91,110 to $91,110.
Job Market Context
60
Total Jobs
0.181
Per 1K Jobs
0.41
Location Quotient
At 0.41x, Durham-Chapel Hill, NC 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 Durham-Chapel Hill, NC.
Only 0.181 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. |
|---|---|---|
| Raleigh-Cary, NC Credit Analysts Salary | $89,290↓ 2% | 18 mi |
| Greensboro-High Point, NC Credit Analysts Salary | $89,280↓ 2% | 52 mi |
Comparing salaries near Durham-Chapel Hill, NC
Hiring Credit Analystss?
Frequently Asked Questions
How much does a Credit Analysts make in Durham-Chapel Hill, NC?
The median annual salary for a Credit Analysts in Durham-Chapel Hill, NC is $91,110. This typically ranges from $60,560 for entry-level positions to $126,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Durham-Chapel Hill, NC is 7.1% lower than the national median of $98,110.
Is Durham-Chapel Hill, NC a good place for Credit Analystss?
It depends on your priorities. While the average Credit Analysts salary in Durham-Chapel Hill, NC is $91,110 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Durham-Chapel Hill, NC. See distinct detailed breakdown below.
Is Durham-Chapel Hill, NC a good place to live for Credit Analysts?
The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Durham-Chapel Hill, NC?
Some top paying nearby cities include Raleigh-Cary, NC ($89,290) and Greensboro-High Point, NC.
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 Durham-Chapel Hill, NC area with a job density of 0.181 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 Durham-Chapel Hill, NC