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Financial Credit Analyst Salary in Minnesota

How much does a Financial Credit Analyst make in Minnesota? As of September 01, 2026, the average salary for a Financial Credit Analyst in Minnesota is $73,418 per year, which breaks down to an hourly rate of $35.

However, a Financial Credit Analyst's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $91,151
  • Majority Range (25th-75th percentile): $64,378 to $82,700
  • Entry-Level (10th percentile): $56,148
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Financial Credit Analyst Job Openings in Minnesota

Key Factors That Influence Financial Credit Analyst Salaries

A Financial Credit Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Financial Credit Analyst Salaries?

Experience is a primary driver of a Financial Credit Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $59,852
  • Early Career (1-2 years): $71,484
  • Mid-Level (2-4 years): $87,621
  • Senior-Level (5-8 years): $121,236
  • Expert (over 8 years): $213,511
Job RoleYears of ExperienceAverage Salary
Credit Analyst I less than 1 year $59,852
Financial Credit Analyst 1-2 years $71,484
Credit Analyst III 2-4 years $87,621
Credit Analysis Manager 5-8 years $121,236
VP of Credit Analysis over 8 years $213,511

How Do Financial Credit Analyst Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Financial Credit Analysts. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $79,438.
  • California: $79,136.
  • Massachusetts: $78,081.

Top Paying Cities for Financial Credit Analyst

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Conger: $70,292
  • Courtland: $70,212
  • Darfur: $69,851

Financial Credit Analyst Salary by Industry: Top Paying Sectors

For Financial Credit Analyst roles, the industry you choose can affect earning potential by as much as 83% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Financial Services sectors offer the strongest compensation, at 30% above the average. In contrast, Financial Credit Analyst positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Financial Credit Analyst as a support function rather than a direct revenue driver.

The top paying industries for a Financial Credit Analyst

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Pharmaceuticals $95,443 $46.0 30%
Financial Services $91,772 $44.0 25%
Software & Networking $88,102 $42.0 20%
Biotechnology $84,431 $41.0 15%
Insurance $82,228 $40.0 12%

Financial Credit Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Financial Credit Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on September 01, 2026
$64,378
Average $73,418/year
$82,700
$5,365
Average $6,118/month
$6,892
$1,238
Average $1,412/week
$1,590
$31
Average $35/hour
$40
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $82,700 $6,892 $1,590 $40
Average $73,418 $6,118 $1,412 $35
25th Percentile $64,378 $5,365 $1,238 $31

Find Your Next Financial Credit Analyst Job

Ready to take the next step in your career? Browse thousands of current Financial Credit Analyst job openings on our job board. Use the search bar below to find your perfect match.

  • Careers Integrated Resources Inc | Chaska, MN

    FINANCIAL ANALYST

    Careers Integrated Resources Inc | Chaska, MN

    Financial Analyst. The responsibilities for the Financial Analyst opportunity include, yet are not limited to: Preparation, coordination and assistance wit... more

    8 Days Ago

  • Veterans Sourcing Group | Chaska, MN

    Financial Analyst

    Veterans Sourcing Group | Chaska, MN

    Financial Analyst (Contract). Location: Chaska, MN (Onsite training. Hybrid 3 days onsite / 2 days remote) Pay Rate: $41 Per Hour Schedule: 40 hours per we... more

    8 Days Ago

  • Omni Inclusive | Minneapolis, MN

    Financial Analyst

    Omni Inclusive | Minneapolis, MN

    Financial Analyst. The Paycheck Protection Program Liquidity Facility (PPPLF) team at Client Bank of Minneapolis is organized under the Supervision, Regula... more

    4 Days Ago

  • Minnesota Jobs | Saint Paul, MN

    Financial Analyst

    Minnesota Jobs | Saint Paul, MN

    Financial AnalystGovCIO is currently hiring for a Financial Analyst to support our VA client.This position will be a fully remote within the United States ... more

    8 Days Ago

  • UnitedHealthcare At Home | Minnetonka, MN

    Financial Analyst

    UnitedHealthcare At Home | Minnetonka, MN

    Financial AnalystAt UnitedHealthcare, we're simplifying the health care experience, creating healthier communities and removing barriers to quality care.Th... more

    8 Days Ago

  • UMR | Minnetonka, MN

    Financial Analyst

    UMR | Minnetonka, MN

    Financial AnalystAt UnitedHealthcare, we're simplifying the health care experience, creating healthier communities and removing barriers to quality care.Th... more

    7 Days Ago

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Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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