Credit Analysis Salaries in Michigan
How Much Does a Credit Analysis Make in Michigan?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Credit Analysis in Michigan is $48,784.
While Salary.com is seeing that Credit Analysis salary in MI can go up to $61,518
or down to $36,571, but most earn between $42,392 and $55,450.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Credit Analysis
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Similar Job Salaries to Credit Analysis by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Securian Financial Group
Credit Analysis Professional
|
$96,862/yr
|
RANGE: $88,318 - $105,406
|
|
1st Summit Bank
Credit Analysis II
|
$80,606/yr
|
RANGE: $71,494 - $89,717
|
|
JCW
Credit Analysis Expert
|
$91,542/yr
|
RANGE: $83,467 - $99,616
|
|
cathaybank
Credit Analysis Officer
|
$103,724/yr
|
RANGE: $94,542 - $112,906
|
|
JCW
Manager, Municipal Credit Analysis
|
$152,095/yr
|
RANGE: $139,972 - $164,218
|
|
City National Bank
CREDIT POLICY AND ANALYSIS OFFICER
|
$99,661/yr
|
RANGE: $88,396 - $110,926
|
|
Discover Bank
Director Credit Risk Analysis
|
$159,659/yr
|
RANGE: $146,106 - $173,212
|
|
JD Bank
CREDIT ANALYSIS & ABL DEPARTMENT MANAGER
|
$82,634/yr
|
RANGE: $74,269 - $90,998
|
|
Title One Inc.
Escrow Analysis
|
$52,580/yr
|
RANGE: $47,980 - $57,179
|
|
GreenStone Farm Credit Services
Credit Manager
|
$92,573/yr
|
RANGE: $82,326 - $102,821
|
Top 10 Highest Paying Cities For Credit Analysis Jobs in Michigan
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Credit Analysis can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Credit Analysis job salaries in Michigan.
Some cities can pay higher salaries for Credit Analysis jobs, which can indicate that there is a large demand for Credit Analysis positions in this city.
The following table shows top 10 cities where the Credit Analysis salary is higher than other cities in Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Credit Analysis salary is $50,712 in Ann Arbor,
which is higher than the national average. There are 18 cities' Credit Analysis salary higher than national average in Michigan.
The average salary for a Credit Analysis in Michigan is $48,784,
but we found that the city with the highest salary for Credit Analysis jobs is Ann Arbor, MI, and it is higher than Canton.
Credit Analysis jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Ann Arbor | $50,712 | $4,226 | $975 | $24 |
| Canton | $50,613 | $4,218 | $973 | $24 |
| Novi | $50,465 | $4,205 | $970 | $24 |
| Westland | $50,070 | $4,172 | $963 | $24 |
| West Bloomfield | $49,872 | $4,156 | $959 | $24 |
| Detroit | $49,822 | $4,152 | $958 | $24 |
| Warren | $49,822 | $4,152 | $958 | $24 |
| Dearborn | $49,822 | $4,152 | $958 | $24 |
| Waterford | $49,822 | $4,152 | $958 | $24 |
| Dearborn Heights | $49,773 | $4,148 | $957 | $24 |
What Does a Credit Analysis Do?
The credit analysis process involves collecting information from the borrower, analyzing the information provided, and making a decision on whether or not to approve the loan.
Updated November 28, 2021
The first stage in the credit analysis process is to collect information about the applicant’s credit history.
Updated December 19, 2021
In simple terms, a lender conducts credit analysis on potential borrowers to determine their creditworthiness and the level of.
Updated December 08, 2021
One objective of credit analysis is to look at both the borrower and the lending facility being proposed and to assign a.
Updated December 07, 2021
The outcome of the credit analysis will determine what risk rating to assign the debt issuer or borrower.
Updated December 07, 2021
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Explore JobArchitectFrequently Asked Questions About a Credit Analysis Salaries
What is the average of a Credit Analysis in Michigan?
The Credit Analysis salary range is from $42,392 to $55,450, and the average Credit Analysis salary is $48,784/year in Michigan.
The Credit Analysis's salary will change in different locations.
Which location pays the highest Credit Analysis salary in the United States?
The Credit Analysis salary in San Jose, CA is $62,031
which is the highest in the US.
What kinds of reasons will influence the Credit Analysis's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Credit Analysis.
What is the growth rate of the Credit Analysis's salary?
If you are thinking of becoming a Credit Analysis or planning the next step in your career, find the detailed salary report of a Credit Analysis.
