Credit Analysts Salary
Credit Analysts in Virginia make a median of $102,430 a year, or about $49.25 an hour. The range runs from $63K at the entry level to $165K for experienced workers. Cost of living is below average (RPP 94.79), which stretches that salary to about $108,060 in buying power. Rent on a 2-bedroom averages $1,646/month, or 25.4% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Virginia. Jump to a metro for precise data:
So what does $102K get you in Virginia?
About credit analysts
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What this looks like in Virginia
Virginia sits well above the national pay line for credit analysts, local pay runs about 23% higher than the U.S. median of $84K. Rent runs $1,646/month for a 2-bedroom (HUD FMR), taking 26.3% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 94.79 (national = 100), meaning everyday costs run about 5% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, Virginia
Entry-level credit analysts (10th percentile) start around $63K. Mid-career wages sit at $102K. Top earners bring in $165K or more, a $102K spread from bottom to top.
Credit Analysts salary by metro in Virginia
4 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Richmond | $105K | +3% | N/A |
| Winchester | $103K | +0% | 30 |
| Roanoke | $82K | -20% | 50 |
| Virginia Beach-Chesapeake-Norfolk | $79K | -23% | 150 |
Compare to other states
Track credit analysts salary changes
BLS updates this data quarterly. We'll email you when Virginia numbers change.
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Frequently asked questions
Can a credit analyst afford a 2BR apartment alone in Virginia?
Yes — at the median salary of $102K, rent takes 26.3% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,646/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for credit analysts in Virginia?
The 10th-percentile wage — what new credit analysts typically earn — is $63K/year. Take-home on that works out to about $3,793/month. At HUD’s $1,646/month FMR, rent would take 43% 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 Virginia?
Local pay is 23% above the national median — $102K here vs. $84K nationally.
How does Virginia compare to the national average for credit analysts?
Virginia pays $102K median vs. the U.S. average of $84K — that’s +23%. After adjusting for local cost of living (RPP 94.79), the purchasing-power equivalent is $108K — still ahead of the national median.
How much do credit analysts make in Virginia?
The median is $102,430 a year, that works out to about $49 an hour. But the range is wide: entry-level workers start around $63,220, and experienced credit analysts can clear $164,750. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $102K enough to live in Virginia?
On that salary, you'd take home roughly $6,256/month after taxes. A 2-bedroom here rents for about $1,646/month, which eats 26.3% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a credit analysts salary go in Virginia?
Virginia has a Regional Price Parity of 94.79 (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 $108,060 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.