Credit Analysts Salary in Grand Rapids, MI

BLS Occupational Employment & Wage Statistics • May 2025 • Grand Rapids-Wyoming-Kentwood, MI

Median annual salary $62,990 -22.2% vs national
Median hourly $30.28
10th percentile $46,540
90th percentile $100,850
Employed locally 170
National median $80,970

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Credit Analysts
in
Grand Rapids, MI
vs

    Salary percentile breakdown

    10th
    $46,540
    25th
    $59,410
    50th (median)
    $62,990
    75th
    $77,640
    90th
    $100,850

    Grand Rapids economic context

    Unemployment rate 4.00% 2024 annual avg • BLS LAUS
    Median household income $80,296 2023 • Census ACS
    Credit Analysts salary vs area income 78% Median Credit Analysts salary is 22% below the area median household income

    Top-paying metros for Credit Analysts

    Metro areaMedian salary
    New York-Newark-Jersey City, NY-NJ $133,180
    New York $132,690
    San Francisco-Oakland-Fremont, CA $127,470
    Winston-Salem, NC $124,520
    Birmingham, AL $105,510
    Washington-Arlington-Alexandria, DC-VA-MD-WV $105,010

    Nearby metros — Credit Analysts salary comparison

    Metro areaMedian salary
    Birmingham, AL $105,510
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $87,730
    Minneapolis-St. Paul-Bloomington, MN-WI $81,090
    Bloomington, IL $79,820
    Minnesota $79,280
    Southwest Minnesota nonmetropolitan area $78,710

    Related occupations in Grand Rapids, MI

    OccupationMedian salary
    Accountants and Auditors$76,030
    Human Resources Specialists$63,840
    Market Research Analysts and Marketing Specialists$63,510
    Project Management Specialists$85,550
    Buyers and Purchasing Agents$69,000
    Business Operations Specialists, All Other$72,650

    Frequently asked questions

    How much do Credit Analysts make per hour in Grand Rapids?

    The median hourly wage for Credit Analysts in Grand Rapids, MI is $30.28, based on BLS OEWS 2025 data. Top earners (90th percentile) make $41.92 or more per hour.

    Is Grand Rapids above or below average for Credit Analysts salaries?

    The median Credit Analysts salary in Grand Rapids, MI is 22.2% below the national median of $80,970. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Credit Analysts in Grand Rapids?

    Entry-level Credit Analysts (10th percentile) earn around $46,540 per year in Grand Rapids, MI. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $59,410.