Salary distribution
Where Illinois credit analysts fall on the wage curve.
Shaded band = interquartile range (where most full-time workers fall)
The middle 50% of workers earn between $64,270 and $107,820, with a median of $81,380.
Credit Analysts in Illinois: actual employer-disclosed pay
Public records from 16 certified H-1B Labor Condition Applications filed with the U.S. Department of Labor. Median offered wage: $91,279. Every figure below is an actual offered salary an employer attested to under federal law.
By DOL wage level
DOL classifies every offer into one of four wage levels based on the role's experience and skill requirements.
| Level | Filings | Median offer |
|---|---|---|
| Level I — entry | 8 | $71,631 |
| Level II — qualified | 2 | $133,500 |
| Level III — experienced | 1 | $120,000 |
| Level IV — fully competent | 3 | $126,000 |
Top employers filing for this role
Companies with the most certified filings for Credit Analysts in Illinois. Median offer is across all of that employer's filings.
| Employer | Most-filed title | Filings | Median |
|---|---|---|---|
| Kroll Bond Rating Agency, LLC | Senior Analyst | 2 | $85,000 |
| Morningstar DBRS | Credit Analyst | 2 | $66,625 |
| Avant, LLC | Associate, Card Growth Strategy | 2 | $133,500 |
| BANK OF AMERICA N.A. | Director; Credit Officer II | 1 | $225,000 |
| Standard & Poor's Financial Services LLC | Credit Analyst | 1 | $142,200 |
| Ares Capital Management LLC | Analyst, Credit | 1 | $120,000 |
| GN Bank | Credit Analyst II | 1 | $63,294 |
| Mesirow Financial | Analyst | 1 | $78,750 |
| Millennium Bank | Credit Analyst | 1 | $67,000 |
| Opportunity Financial, LLC | Credit Risk Associate | 1 | $92,557 |
Recent sample filings
A snapshot of recent certified offers. Each line is a real, public, verifiable record.
- Director; Credit Officer II at BANK OF AMERICA N.A.$225,000ChicagoDecided Dec 1, 2025I-200-25325-429477
- Senior Analyst at Kroll Bond Rating Agency, LLC$80,000ChicagoDecided Nov 19, 2025I-200-25316-399814
- Credit Analyst at Standard & Poor's Financial Services LLC$142,200ChicagoWage Level IVDecided Sep 30, 2025I-200-25267-330366
- Analyst, Credit at Ares Capital Management LLC$120,000ChicagoWage Level IIIDecided May 27, 2025I-200-25139-989371
- Credit Analyst at Morningstar DBRS$68,250ChicagoWage Level IDecided May 23, 2025I-200-25136-986372
- Credit Analyst II at GN Bank$63,294ChicagoWage Level IDecided May 16, 2025I-200-25129-958059
- Analyst at Mesirow Financial$78,750ChicagoWage Level IDecided May 13, 2025I-200-25126-944871
- Credit Analyst at Millennium Bank$67,000Des PlainesWage Level IDecided Apr 29, 2025I-200-25112-889903
Source: U.S. Department of Labor, Office of Foreign Labor Certification. Disclosed wages reflect what employers attested to pay; actual paid wages may differ. Only certified filings are shown — denied and withdrawn cases are excluded.
Credit Analysts pay by experience level in Illinois
Each band reflects DOL Wage Levels I-IV mapped onto a four-step ladder. Click a level to see the disclosed-wage range for that segment.
Credit Analysts specialties in Illinois
Real specialty titles employers file for, clustered from 9 certified offers. The most common variant is Credit Analyst at a median of $68,250.
| Specialty | Top employer | Filings | Median offer |
|---|---|---|---|
| Credit Analyst | Standard & Poor's Financial Services LLC | 5 | $68,250 |
| Senior Analyst | Kroll Bond Rating Agency, LLC | 4 | $79,375 |
Specialties with 10 or more filings link to a dedicated breakdown.
Credit Analysts in Illinois, by industry
Median offered wage across 16 certified filings, grouped by NAICS industry sector. Finance and insurance leads with a median of $102,279.
| Industry | Largest employer | Filings | Median offer |
|---|---|---|---|
| Finance and insurance | Morningstar DBRS | 14 | $102,279 |
| Professional services | Kroll Bond Rating Agency, LLC | 2 | $85,000 |
Sectors with at least 25 filings link to a dedicated page with full distribution and sample employer breakdown.
Wage trend
Median annual wage in Illinois over the past 2 BLS OES releases. Real values are CPI-adjusted to 2024 dollars.
Typical entry
Education
Bachelor's degree
Experience
None
On-the-job training
None
Top skills (O*NET)
- 4.5 / 5
Economics and Accounting
Knowledge
- 4.0 / 5
Oral Expression
Ability
- 3.9 / 5
Mathematics
Knowledge
- 3.9 / 5
English Language
Knowledge
- 3.9 / 5
Oral Comprehension
Ability
- 3.9 / 5
Critical Thinking
Cross-functional
- 3.9 / 5
Written Comprehension
Ability
- 3.9 / 5
Inductive Reasoning
Ability
Common tasks (O*NET)
- 01
Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
- 02
Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
- 03
Generate financial ratios, using computer programs, to evaluate customers' financial status.
- 04
Prepare reports that include the degree of risk involved in extending credit or lending money.
- 05
Analyze financial data, such as income growth, quality of management, and market share to determine expected profitability of loans.
- 06
Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
- 07
Contact customers to collect payments on delinquent accounts.
- 08
Evaluate customer records and recommend payment plans, based on earnings, savings data, payment history, and purchase activity.
10-year outlook
Growth 2024 → 2034
-4.4%
Projected annual openings
—
BLS outlook
Declining
Source: BLS Employment Projections, 2024–2034 cycle.
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Metro-level salary data for credit analysts in major Illinois metropolitan areas.
- Chicago$86,010
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Frequently asked questions
- What is the median salary for Credit Analysts in Illinois?
- According to BLS Occupational Employment Statistics, the median annual wage for Credit Analysts in Illinois is $81,380.
- How does Illinois compare to the national median for Credit Analysts?
- The Illinois median is -5.3% versus the BLS national figure of $85,917.
- What is the salary range for Credit Analysts in Illinois?
- BLS reports the 10th-percentile annual wage at $56,260 and the 90th-percentile at $167,370, which captures most full-time workers in the role.
- Is Credit Analysts a growing field?
- BLS Employment Projections show employment declining by -4.4% over the projection cycle. See the 10-year outlook section above for details.
- What education is required for Credit Analysts?
- BLS lists the typical entry-level education as Bachelor's degree. Many employers also weigh prior experience and credentials.
Information on this page is for general educational purposes only. It is not career, financial, or tax advice. Wage data reflects BLS estimates for the reference year shown and may not match individual offers, employer-specific ranges, or current market conditions. Confirm with a licensed professional before making career or compensation decisions.