Average Credit Analysts Salary in Sacramento-Roseville-Folsom, CA
Credit Analysts in the Sacramento-Roseville-Folsom, CA area earn an impressive average annual salary of $103,480. This figure notably surpasses the national average of $98,110, indicating a premium for financial expertise within this specific metropolitan region. Local economic factors and demand dynamics likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $103,480 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $204,500.
- Outlook: The Sacramento-Roseville-Folsom area supports a local workforce of approximately 300 Credit Analysts. With a Location Quotient of 0.64, the concentration of these roles is slightly below the national average, suggesting a stable but not oversaturated market. The presence of 0.28 jobs per 1,000 workers indicates a consistent, albeit moderate, demand for skilled financial professionals in the region.
Salary Overview
The average Credit Analysts in Sacramento-Roseville-Folsom, CA earns+5.5%above the national average.
$49.8
$1,990
$8,623
Credit Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Credit Analysts in Sacramento-Roseville-Folsom have experienced growth over the past four years, mirroring national trends. Factors such as inflation, evolving financial regulations, and increasing demand for sophisticated risk assessment likely contribute to a positive salary trajectory for professionals in this field.
Credit Analysts Salary Distribution in Sacramento-Roseville-Folsom, CA
Salary progression for Credit Analysts in Sacramento-Roseville-Folsom typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while senior analysts with extensive experience and specialized skills can command salaries well into the upper percentiles. These percentile gaps highlight the substantial career growth and earning potential available as professionals advance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,200 | $28.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $77,610 | $37.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,120 | $38 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $129,350 | $62.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $204,500 | $98.3 |
Detailed Credit Analysts Market Analysis
Relocation Context
Nominal Salary
$103,480
Gross Pay
Real Wage (Purchasing Power)
$103,480
Adjusted for COL (100)
The average annual salary of $103,480 in Sacramento-Roseville-Folsom aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary earned by Credit Analysts in this area holds its purchasing power directly in line with the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
300
Total Jobs
0.28
Per 1K Jobs
0.64
Location Quotient
Sacramento-Roseville-Folsom, CA 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.
A Location Quotient of 0.64 for Credit Analysts in Sacramento-Roseville-Folsom suggests that this profession is less concentrated here compared to the national average. This indicates that while there is a solid presence of these roles, the market is not saturated, potentially offering good opportunities for skilled professionals without intense competition from a disproportionately large pool of local candidates.
Nearby Job Markets
Nearby Cities for Credit Analysts
| City | Salary | Dist. |
|---|---|---|
| Santa Rosa-Petaluma, CA Credit Analysts Salary | $93,530↓ 10% | 67 mi |
Comparing salaries near Sacramento-Roseville-Folsom, CA
Hiring Credit Analystss?
Frequently Asked Questions
How much does a Credit Analysts make in Sacramento-Roseville-Folsom, CA?
The median annual salary for a Credit Analysts in Sacramento-Roseville-Folsom, CA is $103,480. This typically ranges from $59,200 for entry-level positions to $204,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Sacramento-Roseville-Folsom, CA is 5.5% higher than the national median of $98,110.
Is Sacramento-Roseville-Folsom, CA a lucrative place for Credit Analysts?
Yes, it is a lucrative place for Credit Analysts.The average salary of $103,480 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong purchasing power for local professionals.
Is Sacramento-Roseville-Folsom, CA a good place to live for Credit Analysts?
The Cost of Living Index in Sacramento-Roseville-Folsom, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Sacramento-Roseville-Folsom, CA?
Some top paying nearby cities include Santa Rosa-Petaluma, CA ($93,530) and others.
How does the Sacramento Credit Analyst salary compare to the national average?
The average annual salary for Credit Analysts in Sacramento-Roseville-Folsom is $103,480, which is higher than the national average of $98,110.
What is the cost of living in Sacramento-Roseville-Folsom, CA?
The Cost of Living Index for Sacramento-Roseville-Folsom is 100, which is exactly the national average, meaning the cost of goods and services is comparable to the rest of the country.
How concentrated is the Credit Analyst job market in Sacramento?
The job market for Credit Analysts in Sacramento has a Location Quotient of 0.64, indicating it is less concentrated than the national average, suggesting a moderate level of demand relative to the national workforce distribution.
What is the total number of Credit Analysts in the Sacramento area?
There are approximately 300 Credit Analysts employed within the Sacramento-Roseville-Folsom 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 300 employees in the Sacramento-Roseville-Folsom, CA area with a job density of 0.28 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 Sacramento-Roseville-Folsom, CA