SOC 13-2041 · Cedar Rapids, IA metro

Credit Analysts Salary in Cedar Rapids, IA

The average salary for credit analysts in Cedar Rapids, Iowa is $77,140 a year ($37.09 an hour), according to BLS estimates for May 2025. The median is $73,590: half of the 80 people in this job in the Cedar Rapids, IA metro area earn more than that, half earn less. That average is 24% less than the U.S. average for this job ($100,850).

$77,140average per year

$37.09 / hourMedian $73,590Take-home ≈ $60,778

  • $67K10th
  • $67K25th
  • $74KMedian
  • $83K75th
  • $95K90th

median average · bar = middle 50% of workers · how to read it

80people in this job
-24%vs U.S. average
#3 of 3Iowa metros
89cost of living (U.S. = 100)
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Credit Analysts pay range in Cedar Rapids

New workers and the lowest-paid 10% earn about $66,530 a year or less, while the top 10% make $94,880 or more. The middle half of credit analysts in Cedar Rapids earn between $66,530 and $83,250.

  • $67K10th
  • $67K25th
  • $74KMedian
  • $83K75th
  • $95K90th

median average · bar = middle 50% of workers · how to read it

Pay levelPer yearPer monthPer hour*
Average$77,140$6,428$37.09
Median$73,590$6,132$35.38
Entry level (25th percentile)$66,530$5,544$31.99
Experienced (75th percentile)$83,250$6,938$40.02

*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.

Credit Analysts pay in Cedar Rapids vs. Iowa and the U.S.

Credit analysts in Cedar Rapids earn 5% less than the Iowa average ($81,470) and 24% less than the U.S. average ($100,850). At the median the gap is -12% against the U.S. median of $83,510.

AreaAverageMedian10th pct.90th pct.Jobs
Cedar Rapids$77,140$73,590$66,530$94,88080
Iowa$81,470$76,760$56,470$117,160480
United States$100,850$83,510$56,250$169,23064,390

State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.

Credit Analysts salary after taxes in Cedar Rapids

On the average salary of $77,140, a single filer in Cedar Rapids takes home about $60,778 a year, or $5,065 a month and $2,338 every two weeks. Taxes take 21% of gross pay.

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Iowa school district surtaxes (a percentage of state tax in some districts) are not included.

Iowa paycheck calculator: try your own salary

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Is Cedar Rapids a good place for credit analysts? Pay vs. cost of living

Prices in the Cedar Rapids area are 11% below the U.S. average (BEA price parity 89.0), so the average $77,140 buys what about $86,710 would buy in a typical U.S. metro. This job pays 1.5 times the median wage of all jobs in Cedar Rapids ($49,360). A typical home costs $244,344, or 3.2 years of this average salary before tax.

See what $77,140 is worth in another city

Credit Analysts salary in other Iowa cities

Cedar Rapids ranks 3rd of 3 Iowa metro areas for this job; Des Moines pays the most ($90,650).

All Credit Analysts salaries in Iowa

Highest-paying cities for credit analysts

New York, NY pays this job the most of the metro areas we cover ($153,870).

Credit Analysts salary by city

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Credit Analysts salary in Cedar Rapids: questions

How much do credit analysts make an hour in Cedar Rapids?

$37.09 an hour on average, and $35.38 at the median (BLS, May 2025).

What is the entry-level credit analysts salary in Cedar Rapids?

The lowest-paid 10% earn about $66,530 a year and the 25th percentile is $66,530, a fair guide to starting pay.

What is the credit analysts take-home pay in Cedar Rapids?

About $60,778 a year ($5,065 a month) for a single filer on the average salary of $77,140. Iowa school district surtaxes (a percentage of state tax in some districts) are not included.

Do credit analysts earn more in Cedar Rapids than elsewhere?

The average here is 24% less than the U.S. average for this job ($100,850).

Sources and how to read this page

  • Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2041; area Cedar Rapids, IA (16300). Relative standard error of the mean wage: 1.3%.
  • U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
  • Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
  • Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
  • Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Iowa school district surtaxes (a percentage of state tax in some districts) are not included.
  • Job concentration: location quotient 1.30, this job is 1.3 times as concentrated as in the U.S. overall.

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