Occupational Employment and Wages, May 2011

13-2041 Credit Analysts

Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decision making.


National estimates for this occupation
Industry profile for this occupation
Geographic profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
59,140 1.8 % $33.48 $69,640 0.8 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $17.59 $22.06 $29.20 $40.01 $55.41
Annual Wage (2) $36,590 $45,880 $60,730 $83,210 $115,240


Industry profile for this occupation: Top

Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.

Industries with the highest levels of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Depository Credit Intermediation 16,810 0.98 $32.39 $67,360
Nondepository Credit Intermediation 11,640 2.07 $33.06 $68,760
Management of Companies and Enterprises 7,780 0.41 $33.71 $70,130
Activities Related to Credit Intermediation 3,050 1.17 $30.22 $62,860
Automobile Dealers 2,960 0.28 $37.63 $78,280

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Nondepository Credit Intermediation 11,640 2.07 $33.06 $68,760
Activities Related to Credit Intermediation 3,050 1.17 $30.22 $62,860
Depository Credit Intermediation 16,810 0.98 $32.39 $67,360
Monetary Authorities-Central Bank 90 0.44 $34.34 $71,430
Management of Companies and Enterprises 7,780 0.41 $33.71 $70,130

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Lessors of Real Estate 140 0.03 $55.89 $116,250
Other Financial Investment Activities 1,310 0.38 $55.29 $115,000
Securities and Commodity Contracts Intermediation and Brokerage 1,530 0.33 $47.36 $98,500
Agencies, Brokerages, and Other Insurance Related Activities 70 0.01 $41.86 $87,070
Basic Chemical Manufacturing 40 0.03 $41.15 $85,580


Geographic profile for this occupation: Top

States and areas with the highest published employment, location quotients, and wages for this occupation are provided. For a list of all areas with employment in this occupation, see the Create Customized Tables function.





States with the highest employment level in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
California 5,970 0.43 0.92 $37.73 $78,490
New York 4,750 0.56 1.22 $50.46 $104,970
Texas 4,640 0.45 0.98 $34.13 $70,980
Illinois 3,380 0.61 1.32 $32.45 $67,500
Florida 2,950 0.41 0.89 $30.07 $62,540




States with the highest concentration of jobs and location quotients in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Delaware 980 2.43 5.27 $30.32 $63,070
South Dakota 440 1.12 2.42 $25.57 $53,190
Connecticut 1,170 0.73 1.57 $49.01 $101,940
Arizona 1,730 0.73 1.58 $28.52 $59,330
North Carolina 2,620 0.69 1.49 $35.25 $73,330




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 4,750 0.56 1.22 $50.46 $104,970
Connecticut 1,170 0.73 1.57 $49.01 $101,940
Rhode Island 180 0.40 0.86 $45.89 $95,450
California 5,970 0.43 0.92 $37.73 $78,490
New Jersey 1,650 0.44 0.95 $35.34 $73,510





Metropolitan areas with the highest employment level in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-White Plains-Wayne, NY-NJ Metropolitan Division 3,700 0.73 1.58 $55.16 $114,730
Chicago-Joliet-Naperville, IL Metropolitan Division 2,560 0.72 1.55 $34.62 $72,010
Atlanta-Sandy Springs-Marietta, GA 1,870 0.84 1.82 $33.53 $69,750
Phoenix-Mesa-Glendale, AZ 1,660 0.98 2.12 $28.54 $59,370
Charlotte-Gastonia-Rock Hill, NC-SC 1,640 1.98 4.29 $36.39 $75,690
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 1,600 0.42 0.91 $37.23 $77,430
Dallas-Plano-Irving, TX Metropolitan Division 1,510 0.74 1.61 $38.86 $80,840
Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division 1,290 0.56 1.21 $35.56 $73,960
Minneapolis-St. Paul-Bloomington, MN-WI 1,230 0.72 1.56 $30.45 $63,340
Wilmington, DE-MD-NJ Metropolitan Division 990 3.10 6.73 $30.35 $63,130




Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Wilmington, DE-MD-NJ Metropolitan Division 990 3.10 6.73 $30.35 $63,130
Dalton, GA 150 2.37 5.15 $34.01 $70,740
Charlotte-Gastonia-Rock Hill, NC-SC 1,640 1.98 4.29 $36.39 $75,690
Sioux Falls, SD 240 1.81 3.93 $25.90 $53,870
Bridgeport-Stamford-Norwalk, CT 650 1.58 3.43 $57.07 $118,710
Danbury, CT 90 1.40 3.05 $41.35 $86,010
Jacksonville, FL 650 1.13 2.46 $28.44 $59,160
Framingham, MA NECTA Division 170 1.11 2.41 $29.60 $61,570
Racine, WI 70 0.98 2.12 $27.78 $57,780
Phoenix-Mesa-Glendale, AZ 1,660 0.98 2.12 $28.54 $59,370




Top paying metropolitan areas for this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Bridgeport-Stamford-Norwalk, CT 650 1.58 3.43 $57.07 $118,710
New York-White Plains-Wayne, NY-NJ Metropolitan Division 3,700 0.73 1.58 $55.16 $114,730
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 830 0.86 1.87 $49.01 $101,950
Providence-Fall River-Warwick, RI-MA 170 0.32 0.69 $46.74 $97,210
Tyler, TX 30 0.38 0.82 $43.72 $90,950
Danbury, CT 90 1.40 3.05 $41.35 $86,010
Oakland-Fremont-Hayward, CA Metropolitan Division 570 0.60 1.30 $40.61 $84,470
Naples-Marco Island, FL 40 0.36 0.78 $40.23 $83,680
Hartford-West Hartford-East Hartford, CT 260 0.48 1.04 $40.05 $83,310
Stockton, CA 60 0.30 0.64 $40.01 $83,210

Nonmetropolitan areas with the highest employment in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Eastern South Dakota nonmetropolitan area 130 1.03 2.24 $24.54 $51,040
Southeast Minnesota nonmetropolitan area 90 0.55 1.19 $22.43 $46,650
Other North Carolina nonmetropolitan area 90 0.30 0.64 $27.82 $57,870
Balance of Lower Peninsula of Michigan nonmetropolitan area 80 0.30 0.65 $24.89 $51,760
South Georgia nonmetropolitan area 80 0.42 0.92 $28.05 $58,340

Nonmetropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Eastern South Dakota nonmetropolitan area 130 1.03 2.24 $24.54 $51,040
Eastern Washington nonmetropolitan area 50 0.85 1.85 $22.88 $47,590
Southeast Minnesota nonmetropolitan area 90 0.55 1.19 $22.43 $46,650
Central Indiana nonmetropolitan area 70 0.46 1.00 $21.36 $44,430
South Georgia nonmetropolitan area 80 0.42 0.92 $28.05 $58,340

Top paying nonmetropolitan areas for this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Central New York nonmetropolitan area 30 0.27 0.59 $35.84 $74,540
Western Central North Carolina nonmetropolitan area 40 0.17 0.38 $34.63 $72,030
West Northwestern Ohio nonmetropolitan area 50 0.22 0.47 $33.88 $70,480
Northwest Lower Peninsula of Michigan nonmetropolitan area 40 0.30 0.66 $31.35 $65,210
Eastern Texas nonmetropolitan area 40 0.13 0.29 $28.79 $59,880


About May 2011 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.

The percentile wage estimate is the value of a wage below which a certain percent of workers fall. The median wage is the 50th percentile wage estimate--50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly mean wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.


Other OES estimates and related information:

May 2011 National Occupational Employment and Wage Estimates

May 2011 State Occupational Employment and Wage Estimates

May 2011 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2011 National Industry-Specific Occupational Employment and Wage Estimates

List of Occupations in SOC Code Number Order

List of Occupations in Alphabetical Order

Download May 2011 Occupational Employment and Wage Estimates in Zipped XLS files

Technical Notes

 

Last Modified Date: March 27, 2012