Credit Analysts Salary
Credit Analysts in Worcester, MA make a median of $76,230 a year, or about $36.65 an hour. The range runs from $60K at the entry level to $120K for experienced workers. Adjusted for local prices (RPP 102.52), that's roughly $74,356 in purchasing power. A 2-bedroom apartment runs $2,056/month, about 41% of take-home, which is tight.
So what does $76K get you in Worcester?
Groceries, utilities, transportation, and healthcare scaled from national averages by Worcester’s Regional Price Parity (102.52). 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 Worcester
Credit analysts pay in Worcester tracks closely to the national median, $76K locally vs. $84K nationwide, a 9% difference. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $2,056/month, which is 42.4% of the median worker's take-home, past the 30% guideline most planners use. Cost of living (RPP 102.52) is near the national average, so spending patterns here track the typical American budget fairly closely. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for credit analysts in metros near Worcester, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Boston-Cambridge-Newton | $102K | $94K |
| Springfield | $74K | $78K |
| New York-Newark-Jersey City | $137K | $121K |
| Buffalo-Cheektowaga | $100K | $104K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Worcester, MA
Entry-level credit analysts (10th percentile) start around $60K. Mid-career wages sit at $76K. Top earners bring in $120K or more, a $61K 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 Worcester?
It’s a stretch — at the median salary of $76K, rent takes 42.4% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $2,056/month. The 30% guideline puts the comfortable ceiling at roughly $1,500/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for credit analysts in Worcester?
The 10th-percentile wage — what new credit analysts typically earn — is $60K/year. Take-home on that works out to about $3,578/month. At HUD’s $2,056/month FMR, rent would take 57% 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 Worcester?
Pay here is roughly in line with the national average — $76K locally vs. $84K nationally, a 9% difference.
How does Worcester compare to the national average for credit analysts?
Worcester pays $76K median vs. the U.S. average of $84K — that’s -9%. After adjusting for local cost of living (RPP 102.52), the purchasing-power equivalent is $74K — below the national median.
How much do credit analysts make in Worcester, MA?
The median is $76,230 a year, that works out to about $37 an hour. But the range is wide: entry-level workers start around $59,630, and experienced credit analysts can clear $120,490. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $76K enough to live in Worcester?
On that salary, you'd take home roughly $4,850/month after taxes. A 2-bedroom here rents for about $2,056/month, which eats 42.4% 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 Worcester?
Worcester has a Regional Price Parity of 102.52 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median credit analysts salary is worth about $74,356 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.