Credit Analysts pay in Michigan

In Michigan, the median pay for credit analysts is $35.89 an hour ($74,640 a year). About 1,510 people work in this job there.

$35.89Median hourly pay
$61,520–$82,050Middle half of workers, yearly
1,510People in this job in Michigan

That is 11% lower than the U.S. median ($83,510). Michigan ranks 37th of 51 states and territories for this job’s median pay.

Pay range for credit analysts in Michigan

Earns more thanHourlyYearly
10% of workers$24.60$51,170
25% of workers$29.58$61,520
Half of workers (median)$35.89$74,640
75% of workers$39.45$82,050
90% of workers$52.34$108,870

Credit Analysts pay in Michigan metro areas

Metro areaMedian yearly payPeople in this job
Ann Arbor$77,07030
Detroit-Warren-Dearborn$74,640870
Lansing-East Lansing$72,70040
Kalamazoo-Portage$67,94030
Grand Rapids-Wyoming-Kentwood$63,220210

Michigan unemployment rate: 5% (August 2026), U.S. Bureau of Labor Statistics.

Education, experience and outlook for credit analysts

  • Typical education to start: Bachelor's degree (BLS)
  • Job outlook: -4.3% over ten years, declining · about 3,100 openings a year (BLS)

Related jobs in Michigan

JobMedian yearly pay
Accountants and Auditors$78,820
Loan Officers$74,470
Financial and Investment Analysts$95,420
Personal Financial Advisors$77,930
Financial Specialists, All Other$75,040
Insurance Underwriters$77,380
Property Appraisers and Assessors$64,270
Tax Preparers$46,400

Other job titles for this job

Commercial Credit AnalystCommercial Credit ManagerCredit AdministratorCredit AnalystCredit and Collections AnalystCredit Assessment AnalystCredit Assistant ManagerCredit NegotiatorCredit OfficerCredit Portfolio ManagerCredit RepresentativeCredit Risk Analyst

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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.