Average Credit Analysts Salary in Wichita, KS
The average salary for Credit Analystss in Wichita, KS is $77,650. While this is lower than the national average, the cost of living in Wichita, KS may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $77,650 per year.
- Growth Trend: Salaries have shifted 24.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,580.
- 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 Wichita, KS economy.
Salary Overview
The average Credit Analysts in Wichita, KS earns-20.9%below the national average.
$37.3
$1,493
$6,471
Credit Analysts Salary Trends (2020-2024)
Over the past 4 years, Credit Analysts salaries in Wichita, KS have experienced a rapid surge, growing by 24.3%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Credit Analysts Salary Distribution in Wichita, KS
The earning potential for Credit Analystss in Wichita, KS varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $48,120, while highly experienced professionals can command wages upwards of $124,580.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,120 | $23.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,238 | $28 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $71,050 | $34.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,063 | $46.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $124,580 | $59.9 |
Detailed Credit Analysts Market Analysis
Relocation Context
Nominal Salary
$77,650
Gross Pay
Real Wage (Purchasing Power)
$77,650
Adjusted for COL (100)
In Wichita, KS, the Cost of Living Index is 100. This increases your effective purchasing power from $77,650 to $77,650.
Job Market Context
110
Total Jobs
0.356
Per 1K Jobs
0.81
Location Quotient
Wichita, KS has 0.81x 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 Wichita, KS.
Only 0.356 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. |
|---|---|---|
| Kansas nonmetropolitan area Credit Analysts Salary | $72,420↓ 7% | 67 mi |
Comparing salaries near Wichita, KS
Hiring Credit Analystss?
Frequently Asked Questions
How much does a Credit Analysts make in Wichita, KS?
The median annual salary for a Credit Analysts in Wichita, KS is $77,650. This typically ranges from $48,120 for entry-level positions to $124,580 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wichita, KS is 20.9% lower than the national median of $98,110.
Is Wichita, KS a good place for Credit Analystss?
It depends on your priorities. While the average Credit Analysts salary in Wichita, KS is $77,650 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Wichita, KS. See distinct detailed breakdown below.
Is Wichita, KS a good place to live for Credit Analysts?
The Cost of Living Index in Wichita, KS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Wichita, KS?
Some top paying nearby cities include Kansas nonmetropolitan area ($72,420) and others.
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 Wichita, KS area with a job density of 0.356 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 Wichita, KS