Credit Analysts Salary
Credit Analysts in Knoxville, TN make a median of $58,550 a year, or about $28.15 an hour. The range runs from $48K at the entry level to $98K for experienced workers. Cost of living is below average (RPP 92.57), which stretches that salary to about $63,249 in buying power. A 2-bedroom apartment runs $1,471/month, about 36.2% of take-home, which is tight.
So what does $59K get you in Knoxville?
Groceries, utilities, transportation, and healthcare scaled from national averages by Knoxville’s Regional Price Parity (92.57). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About credit analysts
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What this looks like in Knoxville
Pay for credit analysts in Knoxville runs about 30% below the U.S. median of $84K. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $1,471/month, which is 36% of the median worker's take-home, past the 30% guideline most planners use. Regional Price Parity sits at 92.57 (national = 100), meaning everyday costs run about 7% cheaper here. Your dollar stretches further than the headline salary suggests. That combination, below-market pay with high housing costs, makes this a financially demanding market for credit analystss.
Compared to nearby metros
Median pay for credit analysts in metros near Knoxville, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin | $78K | $81K |
| Memphis | $67K | $73K |
| Chattanooga | $62K | $68K |
| Johnson City | $64K | $73K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Knoxville, TN
Entry-level credit analysts (10th percentile) start around $48K. Mid-career wages sit at $59K. Top earners bring in $98K or more, a $50K spread from bottom to top.
Credit Analysts pay across states
Median income ranked highest to lowest, compared to the national figure
View Credit Analysts salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New York | $133K | +60% | 7,960 |
| District of Columbia | $133K | +59% | 50 |
| Virginia | $102K | +23% | 2,460 |
| New Jersey | $101K | +21% | 1,220 |
| Hawaii | $99K | +18% | 130 |
| Connecticut | $98K | +18% | 560 |
| California | $98K | +17% | 5,260 |
| Massachusetts | $97K | +16% | 1,400 |
| Delaware | $95K | +13% | 720 |
| North Carolina | $95K | +13% | 3,270 |
| Washington | $91K | +9% | 1,280 |
| Rhode Island | $86K | +3% | 160 |
| Illinois | $85K | +2% | 3,130 |
| Minnesota | $83K | -1% | 1,110 |
| Maine | $82K | -2% | 280 |
| Alaska | $81K | -3% | 40 |
| Colorado | $81K | -3% | 870 |
| Oregon | $80K | -4% | 650 |
| Pennsylvania | $80K | -4% | 1,930 |
| Alabama | $80K | -4% | 370 |
| Nebraska | $80K | -5% | 510 |
| Ohio | $80K | -5% | 2,790 |
| Idaho | $80K | -5% | 330 |
| Kentucky | $79K | -5% | 370 |
| Texas | $79K | -6% | 6,130 |
| Florida | $78K | -6% | 4,040 |
| Georgia | $78K | -7% | 1,790 |
| New Hampshire | $78K | -7% | 230 |
| South Carolina | $78K | -7% | 690 |
| Arizona | $77K | -8% | 2,260 |
| Iowa | $77K | -8% | 480 |
| Maryland | $75K | -10% | 700 |
| Oklahoma | $75K | -10% | 550 |
| Mississippi | $75K | -10% | 280 |
| North Dakota | $75K | -10% | 300 |
| Montana | $75K | -11% | 190 |
| Michigan | $75K | -11% | 1,510 |
| Utah | $74K | -11% | 750 |
| Louisiana | $73K | -12% | 290 |
| Kansas | $73K | -12% | 520 |
| Nevada | $73K | -12% | 390 |
| South Dakota | $73K | -13% | 430 |
| Tennessee | $73K | -13% | 1,480 |
| New Mexico | $72K | -14% | 90 |
| Arkansas | $71K | -15% | 300 |
| Vermont | $71K | -15% | 90 |
| Wisconsin | $69K | -18% | 1,770 |
| Missouri | $65K | -22% | 1,160 |
| Indiana | $63K | -25% | 860 |
| Wyoming | $62K | -26% | 40 |
| West Virginia | $57K | -31% | 220 |
Showing 1–10 of 51 (all 50 states + DC)
Track credit analysts salary changes
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Frequently asked questions
Can a credit analyst afford a 2BR apartment alone in Knoxville?
It’s a stretch — at the median salary of $59K, rent takes 36% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,471/month. The 30% guideline puts the comfortable ceiling at roughly $1,200/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for credit analysts in Knoxville?
The 10th-percentile wage — what new credit analysts typically earn — is $48K/year. Take-home on that works out to about $2,888/month. At HUD’s $1,471/month FMR, rent would take 51% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is credit analyst a high-paying job in Knoxville?
Local pay runs 30% below the national median — $59K here vs. $84K nationally. Cost of living is 7% below the national average, which narrows that gap in real purchasing power.
How does Knoxville compare to the national average for credit analysts?
Knoxville pays $59K median vs. the U.S. average of $84K — that’s -30%. After adjusting for local cost of living (RPP 92.57), the purchasing-power equivalent is $63K — below the national median.
How much do credit analysts make in Knoxville, TN?
The median is $58,550 a year, that works out to about $28 an hour. But the range is wide: entry-level workers start around $48,130, and experienced credit analysts can clear $97,860. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $59K enough to live in Knoxville?
On that salary, you'd take home roughly $4,090/month after taxes. A 2-bedroom here rents for about $1,471/month, which eats 36% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a credit analysts salary go in Knoxville?
Knoxville has a Regional Price Parity of 92.57 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median credit analysts salary is worth about $63,249 in national-average purchasing power.
Where do credit analysts get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.