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Average Credit Analysts Salary in Scranton--Wilkes-Barre, PA

The average salary for Credit Analystss in Scranton--Wilkes-Barre, PA is $77,050. While this is lower than the national average, the cost of living in Scranton--Wilkes-Barre, PA may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $77,050 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $98,870.
  • Outlook: The current demand for Credit Analystss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Scranton--Wilkes-Barre, PA economy.
2024 Market Data

Salary Overview

$77,050

The average Credit Analysts in Scranton--Wilkes-Barre, PA earns-21.5%below the national average.

BreakdownBased on 40h/week
Hourly

$37

Weekly

$1,482

Monthly

$6,421

Credit Analysts Salary Distribution in Scranton--Wilkes-Barre, PA

The earning potential for Credit Analystss in Scranton--Wilkes-Barre, PA 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 $50,840, while highly experienced professionals can command wages upwards of $98,870.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$50,840$24.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$57,788$27.8
ManagerOversees team, compliance, and project delivery.50% (Median)$77,670$37.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$96,313$46.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$98,870$47.5

Detailed Credit Analysts Market Analysis

Relocation Context

Nominal Salary

$77,050

Gross Pay

Real Wage (Purchasing Power)

$77,050

Adjusted for COL (100)

In Scranton--Wilkes-Barre, PA, the Cost of Living Index is 100. This increases your effective purchasing power from $77,050 to $77,050.

Job Market Context

110

Total Jobs

0.421

Per 1K Jobs

0.96

Location Quotient

Below Average

Scranton--Wilkes-Barre, PA has 0.96x 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.

110 people work as Credit Analysts in Scranton--Wilkes-Barre, PA.

Only 0.421 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

Comparing salaries near Scranton--Wilkes-Barre, PA

Hiring Credit Analystss?

Frequently Asked Questions

How much does a Credit Analysts make in Scranton--Wilkes-Barre, PA?

The median annual salary for a Credit Analysts in Scranton--Wilkes-Barre, PA is $77,050. This typically ranges from $50,840 for entry-level positions to $98,870 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Scranton--Wilkes-Barre, PA is 21.5% lower than the national median of $98,110.

Is Scranton--Wilkes-Barre, PA a good place for Credit Analystss?

It depends on your priorities. While the average Credit Analysts salary in Scranton--Wilkes-Barre, PA is $77,050 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Scranton--Wilkes-Barre, PA. See distinct detailed breakdown below.

Is Scranton--Wilkes-Barre, PA a good place to live for Credit Analysts?

The Cost of Living Index in Scranton--Wilkes-Barre, PA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Scranton--Wilkes-Barre, PA?

Some top paying nearby cities include Allentown-Bethlehem-Easton, PA-NJ ($85,160) and Southwest New York nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Scranton--Wilkes-Barre, PA area with a job density of 0.421 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.