Average Credit Analysts Salary in Winston-Salem, NC
Yes, Winston-Salem, NC is a highly lucrative market for Credit Analystss. With an average annual salary of $126,350, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $126,350 per year.
- Growth Trend: Salaries have shifted 22.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $203,890.
- Outlook: The current demand for Credit Analystss is stable, with a local workforce of approximately 100 professionals. This role remains a specialized component of the broader Winston-Salem, NC economy.
Salary Overview
The average Credit Analysts in Winston-Salem, NC earns+28.8%above the national average.
$60.8
$2,430
$10,529
Credit Analysts Salary Trends (2020-2024)
Over the past 4 years, Credit Analysts salaries in Winston-Salem, NC have experienced a rapid surge, growing by 22.1%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Credit Analysts Salary Distribution in Winston-Salem, NC
The earning potential for Credit Analystss in Winston-Salem, NC varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $52,040, while highly experienced professionals can command wages upwards of $203,890.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $52,040 | $25 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $94,763 | $45.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $124,520 | $59.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $157,938 | $75.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $203,890 | $98 |
Detailed Credit Analysts Market Analysis
Relocation Context
Nominal Salary
$126,350
Gross Pay
Real Wage (Purchasing Power)
$126,350
Adjusted for COL (100)
In Winston-Salem, NC, the Cost of Living Index is 100. This increases your effective purchasing power from $126,350 to $126,350.
Job Market Context
100
Total Jobs
0.363
Per 1K Jobs
0.83
Location Quotient
Winston-Salem, NC has 0.83x 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.
100 people work as Credit Analysts in Winston-Salem, NC.
Only 0.363 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. |
|---|---|---|
| Greensboro-High Point, NC Credit Analysts Salary | $89,280↓ 29% | 23 mi |
Comparing salaries near Winston-Salem, NC
Hiring Credit Analystss?
Frequently Asked Questions
How much does a Credit Analysts make in Winston-Salem, NC?
The median annual salary for a Credit Analysts in Winston-Salem, NC is $126,350. This typically ranges from $52,040 for entry-level positions to $203,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Winston-Salem, NC is 28.8% higher than the national median of $98,110.
Is Winston-Salem, NC a good place for Credit Analystss?
Yes, Winston-Salem, NC is financially attractive for Credit Analystss. The average salary of $126,350 exceeds the national average. See distinct detailed breakdown below.
Is Winston-Salem, NC a good place to live for Credit Analysts?
The Cost of Living Index in Winston-Salem, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Winston-Salem, NC?
Some top paying nearby cities include Greensboro-High Point, NC ($89,280) 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 100 employees in the Winston-Salem, NC area with a job density of 0.363 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 Winston-Salem, NC