How Much Does a Credit Risk Analyst Make in Michigan?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Credit Risk Analyst in Michigan is $73,764. While Salary.com is seeing that Credit Risk Analyst salary in MI can go up to $87,310 or down to $48,497, but most earn between $60,539 and $80,854. 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.
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Similar Job Salaries to Credit Risk Analyst by Company

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Company average base salary in (usd) range
$61,939/yr
$55,410
$68,468
RANGE: $55,410 - $68,468
JPMorgan Chase
Risk Management - Credit Risk Analyst
$111,945/yr
$101,911
$121,979
RANGE: $101,911 - $121,979
Porsche Financial Services, Inc.
Analyst, Credit Risk Management
$105,048/yr
$95,602
$114,494
RANGE: $95,602 - $114,494
PORSCHE CENTRE LEBANON
Analyst, Credit Risk Management
$95,595/yr
$86,436
$104,754
RANGE: $86,436 - $104,754
Philips
Credit Risk Analyst
$65,296/yr
$58,473
$72,118
RANGE: $58,473 - $72,118
Augment Jobs
Junior Credit Risk Analyst
$70,706/yr
$61,934
$79,478
RANGE: $61,934 - $79,478
Bill Me Later, Inc.
Credit Risk Analyst
$84,069/yr
$74,252
$93,885
RANGE: $74,252 - $93,885
Macquarie Group
Junior Credit Risk Analyst
$86,473/yr
$77,723
$95,224
RANGE: $77,723 - $95,224
Cross River Bank
Credit and Financial Risk Analyst
$73,364/yr
$65,799
$80,929
RANGE: $65,799 - $80,929
ACS Consultancy Services
Credit Risk Business Analyst
$82,487/yr
$73,777
$91,198
RANGE: $73,777 - $91,198

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Top 10 Highest Paying Cities For Credit Risk 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 Risk 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 Risk Analyst job salaries in Michigan. Some cities can pay higher salaries for Credit Risk Analyst jobs, which can indicate that there is a large demand for Credit Risk Analyst positions in this city.
The following table shows top 10 cities where the Credit Risk Analyst salary is higher than other cities in Michigan. Ann Arbor takes first place in this list, followed by Canton, Novi. The Credit Risk Analyst salary is $75,299 in Ann Arbor, which is higher than the national average. There are 6 cities' Credit Risk Analyst salary higher than national average in Michigan.
The average salary for a Credit Risk Analyst in Michigan is $73,764, but we found that the city with the highest salary for Credit Risk Analyst jobs is Ann Arbor, MI, and it is higher than Canton. Credit Risk 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 $75,299 $6,275 $1,448 $36
Canton $75,180 $6,265 $1,446 $36
Novi $74,940 $6,245 $1,441 $36
Detroit $74,910 $6,242 $1,441 $36
Warren $74,910 $6,242 $1,441 $36
Dearborn $74,910 $6,242 $1,441 $36
Dearborn Heights $74,873 $6,239 $1,440 $36
Royal Oak $74,828 $6,236 $1,439 $36
Westland $74,805 $6,234 $1,439 $36
Taylor $74,790 $6,233 $1,438 $36

What Does a Credit Risk Analyst Do?

While credit risk analysts do not require licenses or professional certifications to work in the field, the.
Updated December 13, 2021
If you are thinking of becoming a Credit Risk Analyst or planning the next step in your career, find details about.
Updated October 22, 2021
They use a variety of analytical techniques to evaluate the risk associated with lending money or extending credit to applicants.
Updated September 25, 2021
Corporate governance initiatives and a more restrictive and expensive insurance market have given risk analysts a higher profile within organisations.
Updated December 20, 2021
Will learn how credit risk is being assessed in various domains like retail, commercial real estate, structured finance, etc.
Updated December 19, 2021

Frequently Asked Questions About a Credit Risk Analyst Salaries

What is the average of a Credit Risk Analyst in Michigan?

The Credit Risk Analyst salary range is from $60,539 to $80,854, and the average Credit Risk Analyst salary is $73,764/year in Michigan. The Credit Risk Analyst's salary will change in different locations.

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

The Credit Risk Analyst salary in San Jose, CA is $94,475 which is the highest in the US.

What kinds of reasons will influence the Credit Risk 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 Risk Analyst.

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

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