Average Credit Analysts Salary in Reading, PA
The average salary for a Credit Analysts in Reading, PA is $91,900. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $91,900 per year.
- Growth Trend: Salaries have shifted 10.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $167,490.
- Outlook: The current demand for Credit Analystss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Reading, PA economy.
Salary Overview
The average Credit Analysts in Reading, PA earns-6.3%below the national average.
$44.2
$1,767
$7,658
Credit Analysts Salary Trends (2020-2024)
Over the past 4 years, Credit Analysts salaries in Reading, PA have shown healthy growth of 10.6%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Credit Analysts Salary Distribution in Reading, PA
The earning potential for Credit Analystss in Reading, PA 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 $53,540, while highly experienced professionals can command wages upwards of $167,490.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $53,540 | $25.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $68,925 | $33.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,560 | $37.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $114,875 | $55.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $167,490 | $80.5 |
Detailed Credit Analysts Market Analysis
Relocation Context
Nominal Salary
$91,900
Gross Pay
Real Wage (Purchasing Power)
$91,900
Adjusted for COL (100)
In Reading, PA, the Cost of Living Index is 100. This increases your effective purchasing power from $91,900 to $91,900.
Job Market Context
50
Total Jobs
0.279
Per 1K Jobs
0.64
Location Quotient
Reading, PA has 0.64x 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.
50 people work as Credit Analysts in Reading, PA.
Only 0.279 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. |
|---|---|---|
| Lancaster, PA Credit Analysts Salary | $84,510↓ 8% | 29 mi |
| Allentown-Bethlehem-Easton, PA-NJ Credit Analysts Salary | $85,160↓ 7% | 30 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Credit Analysts Salary | $106,810↑ 16% | 48 mi |
Comparing salaries near Reading, PA
Hiring Credit Analystss?
Frequently Asked Questions
How much does a Credit Analysts make in Reading, PA?
The median annual salary for a Credit Analysts in Reading, PA is $91,900. This typically ranges from $53,540 for entry-level positions to $167,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Reading, PA is 6.3% lower than the national median of $98,110.
Is Reading, PA a good place for Credit Analystss?
It depends on your priorities. While the average Credit Analysts salary in Reading, PA is $91,900 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Reading, PA. See distinct detailed breakdown below.
Is Reading, PA a good place to live for Credit Analysts?
The Cost of Living Index in Reading, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Reading, PA?
Some top paying nearby cities include Lancaster, PA ($84,510) and Allentown-Bethlehem-Easton, PA-NJ.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Reading, PA area with a job density of 0.279 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Credit Analysts Salaries by State
Top Jobs in Reading, PA
- All Occupations Salary in Reading, PA
- Transportation and Material Moving Occupations Salary in Reading, PA
- Production Occupations Salary in Reading, PA
- Office and Administrative Support Occupations Salary in Reading, PA
- Food Preparation and Serving Related Occupations Salary in Reading, PA
- Sales and Related Occupations Salary in Reading, PA
- Management Occupations Salary in Reading, PA
- Healthcare Practitioners and Technical Occupations Salary in Reading, PA
- Healthcare Support Occupations Salary in Reading, PA
- Educational Instruction and Library Occupations Salary in Reading, PA
- Browse All Jobs in Reading, PA →
Semantic Salary Analysis for Credit Analysts • Data source: BLS OEWS 2024 •Jobs in Reading, PA