How Much Does a Credit Risk Analyst Make in Minnesota?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Credit Risk Analyst in Minnesota is $76,648. While Salary.com is seeing that Credit Risk Analyst salary in MN can go up to $90,723 or down to $50,393, but most earn between $62,905 and $84,015. 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
Granite Bank
Credit Risk Analyst
$97,480/yr
$86,559
$108,400
RANGE: $86,559 - $108,400
Bell Bank
Senior Credit Risk Analyst
$99,502/yr
$89,155
$109,848
RANGE: $89,155 - $109,848
PCI Brand
Senior Data Analyst - Credit Risk
$96,686/yr
$87,414
$105,959
RANGE: $87,414 - $105,959
CorTrust Bank
Credit Analyst
$67,916/yr
$60,757
$75,075
RANGE: $60,757 - $75,075
$67,916/yr
$60,757
$75,075
RANGE: $60,757 - $75,075
Factory Motor Parts
CREDIT ANALYST
$67,916/yr
$60,757
$75,075
RANGE: $60,757 - $75,075
United Prairie Bank
Credit Analyst
$67,332/yr
$60,234
$74,429
RANGE: $60,234 - $74,429

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Top 10 Highest Paying Cities For Credit Risk Analyst Jobs in Minnesota

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 Minnesota. 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 Minnesota. Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka. The Credit Risk Analyst salary is $78,393 in Minneapolis, which is higher than the national average. There are 7 cities' Credit Risk Analyst salary higher than national average in Minnesota.
The average salary for a Credit Risk Analyst in Minnesota is $76,648, but we found that the city with the highest salary for Credit Risk Analyst jobs is Minneapolis, MN, and it is higher than Saint Paul. Credit Risk Analyst jobs in Minneapolis can have the opportunity to earn higher salaries than in other cities in Minnesota.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Minneapolis $78,393 $6,533 $1,508 $38
Saint Paul $78,393 $6,533 $1,508 $38
Minnetonka $78,393 $6,533 $1,508 $38
Eden Prairie $78,258 $6,522 $1,505 $38
Burnsville $78,168 $6,514 $1,503 $38
Lakeville $77,899 $6,492 $1,498 $37
Rochester $75,090 $6,257 $1,444 $36
Saint Cloud $73,891 $6,158 $1,421 $36
Duluth $71,846 $5,987 $1,382 $35

What Does a Credit Risk Analyst Do?

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
Analysts may work directly with consumers and business customers to collect information and conduct credit evaluations, or they may work with retail sales agents or credit officers who handle customer communication.
Updated December 14, 2021
While credit risk analysts do not require licenses or professional certifications to work in the field, the.
Updated December 13, 2021
Only professionals who need to deal with credit risk and need to build credit risk models should do this Credit Modeling Course.
Updated December 12, 2021

Frequently Asked Questions About a Credit Risk Analyst Salaries

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

The Credit Risk Analyst salary range is from $62,905 to $84,015, and the average Credit Risk Analyst salary is $76,648/year in Minnesota. 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.