Salary AI Book a Demo
upper level job

Credit Analyst II Salary in the United States

How much does a Credit Analyst II make in the United States?

As of August 01, 2026, the average salary for a Credit Analyst II in the United States is $69,370 per year, which breaks down to an hourly rate of $33.

However, a Credit Analyst II's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $85,381
  • Majority Range (25th-75th percentile): $59,941 to $77,751
  • Entry-Level (10th percentile): $51,356
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Credit Analyst II Salaries

A Credit Analyst II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Credit Analyst II Salaries?

Experience is a primary driver of a Credit Analyst II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Credit Analyst I (0-2 years): $58,085
  • Credit Analyst II (2-4 years): $69,370
  • Credit Analyst III (4-7 years): $85,033
  • Credit Analysis Manager (7+ years): $117,654
  • VP of Credit Analysis (7+ years): $207,214
Job Role Years of Experience Average Salary
Credit Analyst I0-2 years$58,085
Credit Analyst II2-4 years$69,370
Credit Analyst III4-7 years$85,033
Credit Analysis Manager7+ years$117,654
VP of Credit Analysis7+ years$207,214
View as Graph

How Do Credit Analyst IIs Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Credit Analyst IIs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $76,806.
  • California: $76,515.
  • Massachusetts: $75,495.

Top Paying Cities for Credit Analyst II

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $87,496
  • San Francisco: $86,538
  • Oakland: $84,715

What Skills Can Increase a Credit Analyst II's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 17.96% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Microsoft Office (Mentioned in 2.45% Job Postings): Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
  • Loan Review (Mentioned in 1.02% Job Postings): Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.
Skills Demand Percentage
Analysis 17.96%
Microsoft Office 2.45%
Loan Review 1.02%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Credit Analyst II's salary.

  • Due Diligence: Can increase your salary by up to 8%.
  • Risk Management: Can increase your salary by up to 8%.
  • Commercial Banking: Can increase your salary by up to 5%.
Skill Salary Salary % Increase
Due Diligence $74,920
8%
Risk Management $74,920
8%
Commercial Banking $72,839
5%
Get Latest Data

Credit Analyst II Salary by Company Size: Startups vs. Enterprise

Credit Analyst II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $77,656. While startup companies pay approximate $65,695.

Credit Analyst II Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $65,695
Growth Stage 51~500 $69,480
Established 501~5000 $74,990
Enterprise 5000+ $77,656

Credit Analyst II Salary by Industry: Top Paying Sectors

For Credit Analyst II roles, the industry you choose can affect earning potential by as much as 83% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Financial Services sectors offer the strongest compensation, at 30% above the average. In contrast, Credit Analyst positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Credit Analyst II as a support function rather than a direct revenue driver.

The top paying industries for a Credit Analyst II

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Pharmaceuticals$90,181$43.030%
Financial Services$86,712$42.025%
Software & Networking$83,244$40.020%
Biotechnology$79,776$38.015%
Insurance$77,694$37.012%

How Education impacts an Credit Analyst II's Salary?

Your level of education can impact your salary potential. While many Credit Analyst II enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Credit Analyst II with a Bachelor's Degree is between $66,712 and $71,077.

Credit Analyst II Salaries by Degree Level

Typical Education for Credit Analyst II
Degree Level % of user with this level of education
No Diploma 8.2%
High School 8.2%
Associates 3.8%
Bachelors 57.7%
Masters 30.3%
Doctorate 0.0%
View as Graph

Credit Analyst II Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Credit Analyst II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026
$59,941
Average $69,370/year
$77,751
$4,995
Average $5,781/month
$6,479
$1,153
Average $1,334/week
$1,495
$29
Average $33/hour
$37
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $77,751 $6,479 $1,495 $37
Average $69,370 $5,781 $1,334 $33
25th Percentile $59,941 $4,995 $1,153 $29

Credit Analyst II Salary Growth & Career Path

Credit Analyst II

Next Role

Advancement

For a Credit Analyst II, the most direct path to higher earnings is advancing to the Credit Analyst III role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $85,033 - a projected growth of 23% over your current level.

Most common benefits for Credit Analyst II

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Credit Analyst II

Here are companies hiring for Credit Analyst II and their salaries, click below for more details.

Find Your Next Credit Analyst II Job

Ready to take the next step in your career? Browse thousands of current Credit Analyst II job openings on our job board. Use the search bar below to find your perfect match.

For Employees

Analyze the market and your qualifications to negotiate your salary with confidence.

Get a Salary Increase

Search thousands of open positions to find your next opportunity.

Search Job Openings

For Employers

Individualize employee pay based on unique job requirements and personal qualifications.

Adjust Employee Salary

Get the latest market price for benchmark jobs and jobs in your industry.

Price My Industry Jobs

FAQ about Credit Analyst II

1. Where can a Credit Analyst II earn the most?

A Credit Analyst II's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Credit Analyst II earns the most in San Jose, CA, where the annual salary of a Credit Analyst II is $87,496.

2. What is the highest pay for Credit Analyst II?

The highest pay for Credit Analyst II is $85,381.

3. What is the lowest pay for Credit Analyst II?

The lowest pay for Credit Analyst II is $51,356.

4. What are the responsibilities of Credit Analyst II?

Analyzes the creditworthiness of prospective and current customers. Examines credit history using credit agency tools and evaluates potential risks. Makes recommendations on credit extensions within established guidelines. Typically requires a bachelor's degree. Typically reports to a supervisor or manager. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Typically requires 2 to 4 years of related experience.

5. What industry pays the highest salary for Credit Analyst II?

The Pharmaceuticals industry offers the highest average compensation for Credit Analyst II roles, with salaries approximately 30% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
lower level job