How Much Does a Credit And Collection Analyst Make in Michigan?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Credit And Collection Analyst in Michigan is $50,786. While Salary.com is seeing that Credit And Collection Analyst salary in MI can go up to $62,197 or down to $39,740, but most earn between $45,004 and $56,759. 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 And Collection Analyst
Credit Collection
$71,703
Michigan
Per Year
Credit Collection Specialist
$46,717
Michigan
Per Year
Credit and Collections Analyst II
$65,171
Michigan
Per Year
Credit and Collections Analyst III
$78,815
Michigan
Per Year
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Similar Job Salaries to Credit And Collection Analyst by Company

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Company average base salary in (usd) range
Sterling Engineering
Credit Collection Analyst
$80,437/yr
$71,502
$89,372
RANGE: $71,502 - $89,372
Badger Infrastructure Solutions
Senior Credit & Collection Analyst
$64,317/yr
$57,657
$70,978
RANGE: $57,657 - $70,978
Bank of Ann Arbor
Credit Analyst
$66,579/yr
$59,561
$73,597
RANGE: $59,561 - $73,597
Horizon Bank
Credit Analyst II
$62,815/yr
$56,194
$69,436
RANGE: $56,194 - $69,436
Union Bank of Michigan
Credit Analyst I
$55,553/yr
$51,073
$60,033
RANGE: $51,073 - $60,033
Credit Acceptance
Bilingual Credit Analyst
$68,678/yr
$60,591
$76,764
RANGE: $60,591 - $76,764
UHY LLP, Certified Public Accountants
TEMPORARY CREDIT ANALYST
$64,048/yr
$57,297
$70,799
RANGE: $57,297 - $70,799
Southern Michigan Bank & Trust
Commercial Credit Analyst
$83,583/yr
$74,469
$92,697
RANGE: $74,469 - $92,697
U.S. Bank
SBA Credit Analyst 4 (PMG)
$74,729/yr
$67,756
$81,703
RANGE: $67,756 - $81,703

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Top 10 Highest Paying Cities For Credit And Collection Analyst 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 And Collection Analyst 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 And Collection Analyst job salaries in Michigan. Some cities can pay higher salaries for Credit And Collection Analyst jobs, which can indicate that there is a large demand for Credit And Collection Analyst positions in this city.
The following table shows top 10 cities where the Credit And Collection Analyst salary is higher than other cities in Michigan. Ann Arbor takes first place in this list, followed by Canton, Novi. The Credit And Collection Analyst salary is $52,793 in Ann Arbor, which is higher than the national average. There are 18 cities' Credit And Collection Analyst salary higher than national average in Michigan.
The average salary for a Credit And Collection Analyst in Michigan is $50,786, but we found that the city with the highest salary for Credit And Collection Analyst jobs is Ann Arbor, MI, and it is higher than Canton. Credit And Collection Analyst 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 $52,793 $4,399 $1,015 $25
Canton $52,690 $4,391 $1,013 $25
Novi $52,536 $4,378 $1,010 $25
Westland $52,124 $4,344 $1,002 $25
West Bloomfield $51,918 $4,327 $998 $25
Detroit $51,867 $4,322 $997 $25
Warren $51,867 $4,322 $997 $25
Dearborn $51,867 $4,322 $997 $25
Waterford $51,867 $4,322 $997 $25
Dearborn Heights $51,816 $4,318 $996 $25

What Does a Credit And Collection Analyst Do?

A credit and collection analyst has the role of reviewing a customer's financial history, financial statement, and any other information related to collecting a line of credit.
Updated November 12, 2021

Frequently Asked Questions About a Credit And Collection Analyst Salaries

What is the average of a Credit And Collection Analyst in Michigan?

The Credit And Collection Analyst salary range is from $45,004 to $56,759, and the average Credit And Collection Analyst salary is $50,786/year in Michigan. The Credit And Collection Analyst's salary will change in different locations.

Which location pays the highest Credit And Collection Analyst salary in the United States?

The Credit And Collection Analyst salary in San Jose, CA is $64,576 which is the highest in the US.

What kinds of reasons will influence the Credit And Collection Analyst'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 And Collection Analyst.

What is the growth rate of the Credit And Collection Analyst's salary?

If you are thinking of becoming a Credit And Collection Analyst or planning the next step in your career, find the detailed salary report of a Credit And Collection Analyst.