Head of Credit Salary in Massachusetts

Head of Credit Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Head of Credit Salary $128,266 MA March 01, 2025
25th Percentile Head of Credit Salary $157,714 MA March 01, 2025
50th Percentile Head of Credit Salary $190,058 MA March 01, 2025
75th Percentile Head of Credit Salary $229,676 MA March 01, 2025
90th Percentile Head of Credit Salary $265,747 MA March 01, 2025
25% $157,714 10% $128,266 90% $265,747 75% $229,676 $190,058 50%(Median) Didn’t find job title? Click

How much does a Head of Credit earn in Massachusetts

As of March 01, 2025, a Head of Credit in Massachusetts earns an average salary of $190,058 per year.
A Head of Credit's salary in Massachusetts can be paid hourly, weekly or monthly depending on the company and job type. Most part-time jobs will be paid hourly or weekly. Using the salary calculator, the average pay comes out to be about $91 an hour or $3,655/week or $15,838/month.
The average salary of a Head of Credit ranges from $157,714 to $229,676. The average salary range for a Head of Credit varies widely, which indicates that there are many opportunities for advancement, promotions, and salary increases. These opportunities depend on many factors, including skills, education, certifications, location, and years of experience.
Massachusetts is ranked 5th out of 51 states nationwide for Head of Credit salaries. Salary.com helps you determine your exact pay target by estimating the most accurate annual salary range for Head of Credit jobs, with more online, real-time compensation data than any other website.

What is the Average Head of Credit Salary by City in Massachusetts?

Below is a list of the average salaries for a Head of Credit in 10 cities in Massachusetts. We've identified 169 cities where the typical salary for a Head of Credit job is above the average in Massachusetts. The top-paid city for Head of Credit is Hyde Park and the average salary for a Head of Credit job is earned $195,822 which is higher than the average in Massachusetts.
This is followed by Allston and Arlington in second and third places, which beat the average in Massachusetts by $5,765(3.03%) and $5,765(3.03%) respectively. In fourth place is Arlington Heights with a salary of $195,822, which is higher than the Massachusetts average salary. Auburndale and Babson Park continue the rankings.
Based on the summary of average salaries paid by cities in Massachusetts, the Head of Credit job market in Hyde Park is relatively active with a higher salary paid to compare to other cities in Massachusetts.
Finally, Head of Credit jobs pay differently by city, even if they are in Massachusetts. The cost of living might be a key factor when considering the location and salary of a Head of Credit position.
CITY Annual Salary Monthly Pay Weekly Pay Hourly Wage
Hyde Park $195,822 $16,319 $3,766 $94
Allston $195,822 $16,319 $3,766 $94
Arlington $195,822 $16,319 $3,766 $94
Arlington Heights $195,822 $16,319 $3,766 $94
Auburndale $195,822 $16,319 $3,766 $94
Babson Park $195,822 $16,319 $3,766 $94
Belmont $195,822 $16,319 $3,766 $94
Boston $195,822 $16,319 $3,766 $94
Brighton $195,822 $16,319 $3,766 $94
Brookline $195,822 $16,319 $3,766 $94

What Similar Jobs are Paid to Head of Credit in Massachusetts?

There are 11 jobs that we find are related to the Head of Credit job category,these similar jobs include Head Of Credit Risk,Credit Manager,Credit Analysis Manager,Letter of Credit Officer,Credit Risk Manager,Vice President of Credit,Senior Credit Officer,Credit Documentation Specialist,Credit Card Operations Supervisor,Credit Card Operations Manager,and Head of Treasury.
All of these 11 jobs are paid between $65,099 to $382,800, and the Head of Treasury gets the highest paid with $382,800 from them. Those similar job salaries are paid differently by many factors such as company size, department base, responsibility, and others. If you're qualified to be hired for one of these similar jobs to the Head of Credit, you could refer to the below list of job salaries based on market prices in Massachusetts.
JOB TITLE Annual Salary Monthly Pay Weekly Pay Hourly Wage
Head Of Credit Risk $171,715 $14,310 $3,302 $83
Credit Manager $130,800 $10,900 $2,515 $63
Credit Analysis Manager $130,758 $10,896 $2,515 $63
Letter of Credit Officer $72,149 $6,012 $1,387 $35
Credit Risk Manager $148,412 $12,368 $2,854 $71
Vice President of Credit $257,240 $21,437 $4,947 $124
Senior Credit Officer $257,301 $21,442 $4,948 $124
Credit Documentation Specialist $72,200 $6,017 $1,388 $35
Credit Card Operations Supervisor $65,099 $5,425 $1,252 $31
Credit Card Operations Manager $98,095 $8,175 $1,886 $47
Head of Treasury $382,800 $31,900 $7,362 $184
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