Average Credit Analysts Salary in Winchester, VA-WV
The average salary for a Credit Analysts in Winchester, VA-WV is $92,370. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Winchester, VA-WV is a key hub for this profession, with a job concentration 1.56x higher than average.
Executive Summary
- Average Salary: $92,370 per year.
- Growth Trend: Salaries have shifted 63.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $153,220.
- 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 Winchester, VA-WV economy.
Salary Overview
The average Credit Analysts in Winchester, VA-WV earns-5.9%below the national average.
$44.4
$1,776
$7,698
Credit Analysts Salary Trends (2020-2024)
Over the past 4 years, Credit Analysts salaries in Winchester, VA-WV have experienced a rapid surge, growing by 63.3%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Credit Analysts Salary Distribution in Winchester, VA-WV
The earning potential for Credit Analystss in Winchester, VA-WV 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 $59,650, while highly experienced professionals can command wages upwards of $153,220.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,650 | $28.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $69,278 | $33.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,500 | $36.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $115,463 | $55.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $153,220 | $73.7 |
Detailed Credit Analysts Market Analysis
Relocation Context
Nominal Salary
$92,370
Gross Pay
Real Wage (Purchasing Power)
$92,370
Adjusted for COL (100)
In Winchester, VA-WV, the Cost of Living Index is 100. This increases your effective purchasing power from $92,370 to $92,370.
Job Market Context
50
Total Jobs
0.681
Per 1K Jobs
1.56
Location Quotient
Winchester, VA-WV has 1.6x the national concentration of Credit Analysts jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
50 people work as Credit Analysts in Winchester, VA-WV.
Only 0.681 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. |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV Credit Analysts Salary | $120,540↑ 30% | 64 mi |
Comparing salaries near Winchester, VA-WV
Hiring Credit Analystss?
Frequently Asked Questions
How much does a Credit Analysts make in Winchester, VA-WV?
The median annual salary for a Credit Analysts in Winchester, VA-WV is $92,370. This typically ranges from $59,650 for entry-level positions to $153,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Winchester, VA-WV is 5.9% lower than the national median of $98,110.
Is Winchester, VA-WV a good place for Credit Analystss?
Yes, Winchester, VA-WV is highly recommended due to strong job demand. While salaries are competitive ($92,370), the area is particularly notable for its high job density for Credit Analystss. See distinct detailed breakdown below.
Is Winchester, VA-WV a good place to live for Credit Analysts?
The Cost of Living Index in Winchester, VA-WV is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Winchester, VA-WV?
Some top paying nearby cities include Washington-Arlington-Alexandria, DC-VA-MD-WV ($120,540) 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 50 employees in the Winchester, VA-WV area with a job density of 0.681 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 Winchester, VA-WV