How Much Does a Municipal Credit Analyst Make in Illinois?

Updated February 01, 2025
As of February 01, 2025, the average annual pay of Municipal Credit Analyst in Illinois is $71,508. While Salary.com is seeing that Municipal Credit Analyst salary in IL can go up to $91,923 or down to $52,137, but most earn between $61,368 and $82,194. 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 Municipal Credit Analyst
Municipal Analyst
$69,915
Illinois
Per Year
Credit Analyst
$72,757
Illinois
Per Year
Credit and Collections Analyst I
$63,778
Illinois
Per Year
Credit and Collections Analyst II
$70,638
Illinois
Per Year
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Similar Job Salaries to Municipal Credit Analyst by Company

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Company average base salary in (usd) range
Clinton Investment Management, LLC
Municipal Bond Credit Analyst
$81,261/yr
$70,727
$91,794
RANGE: $70,727 - $91,794
Conning
Analyst, Municipal Credit Research
$110,491/yr
$97,032
$123,950
RANGE: $97,032 - $123,950
Lensa
Credit Analyst
$73,474/yr
$63,950
$82,998
RANGE: $63,950 - $82,998
Devon Bank
Credit Analyst
$74,253/yr
$64,628
$83,878
RANGE: $64,628 - $83,878
Robert Half
Credit Analyst
$99,535/yr
$86,539
$112,531
RANGE: $86,539 - $112,531
$72,129/yr
$62,780
$81,479
RANGE: $62,780 - $81,479
$90,403/yr
$75,528
$105,278
RANGE: $75,528 - $105,278
G-PAC
Credit Analyst
$74,253/yr
$64,628
$83,878
RANGE: $64,628 - $83,878
TEC Leasing LLC
Credit Analyst
$72,129/yr
$62,780
$81,479
RANGE: $62,780 - $81,479
$68,519/yr
$59,638
$77,401
RANGE: $59,638 - $77,401

Open Municipal Credit Analyst Jobs in Illinois

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Top 10 Highest Paying Cities For Municipal Credit Analyst Jobs in Illinois

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Municipal Credit 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 Municipal Credit Analyst job salaries in Illinois. Some cities can pay higher salaries for Municipal Credit Analyst jobs, which can indicate that there is a large demand for Municipal Credit Analyst positions in this city.
The following table shows top 10 cities where the Municipal Credit Analyst salary is higher than other cities in Illinois. Chicago takes first place in this list, followed by Cicero, Evanston. The Municipal Credit Analyst salary is $73,325 in Chicago, which is higher than the national average. There are 20 cities' Municipal Credit Analyst salary higher than national average in Illinois.
The average salary for a Municipal Credit Analyst in Illinois is $71,508, but we found that the city with the highest salary for Municipal Credit Analyst jobs is Chicago, IL, and it is higher than Cicero. Municipal Credit Analyst jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Chicago $73,325 $6,110 $1,410 $35
Cicero $73,325 $6,110 $1,410 $35
Evanston $73,325 $6,110 $1,410 $35
Oak Park $73,325 $6,110 $1,410 $35
Skokie $73,325 $6,110 $1,410 $35
Oak Lawn $73,255 $6,105 $1,409 $35
Des Plaines $73,115 $6,093 $1,406 $35
Mount Prospect $73,046 $6,087 $1,405 $35
Aurora $72,696 $6,058 $1,398 $35
Hoffman Estates $72,696 $6,058 $1,398 $35

What Does a Municipal Credit Analyst Do?

Nuveen Municipal Credit Income Fund -- Moody's announces completion of a periodic review of ratings of Nuveen Municipal Credit Income Fund.
Updated December 12, 2021
Build America Bonds were taxable municipal bonds that featured credits and federal subsidies for bondholders and state and local government issuers.
Updated December 07, 2021
If sold prior to maturity, municipal securities are subject to gain/losses based on the level of interest rates, market conditions and the credit quality of the issuer.
Updated December 03, 2021
Communicate investment recommendations orally and in writing to Portfolio Managers, other TRP analysts, internal committees and external clients.  Investment recommendations should integrate one’s fundamental credit assessment with relative value considerations.
Updated December 01, 2021
The Municipal Credit Analyst is responsible for the coverage of select sectors in the Municipal Bond investment universe.  The Analyst will conduct fundamental research to help guide individual investment decisions and portfolio strategy.
Updated November 19, 2021

Frequently Asked Questions About a Municipal Credit Analyst Salaries

What is the average of a Municipal Credit Analyst in Illinois?

The Municipal Credit Analyst salary range is from $61,368 to $82,194, and the average Municipal Credit Analyst salary is $71,508/year in Illinois. The Municipal Credit Analyst's salary will change in different locations.

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

The Municipal Credit Analyst salary in San Jose, CA is $87,725 which is the highest in the US.

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

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

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