Credit Analysts pay range in Grand Rapids
New workers and the lowest-paid 10% earn about $47,550 a year or less, while the top 10% make $87,200 or more. The middle half of credit analysts in Grand Rapids earn between $57,930 and $80,460.
- $48K10th
- $58K25th
- $63KMedian
- $80K75th
- $87K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $69,210 | $5,768 | $33.27 |
| Median | $63,220 | $5,268 | $30.39 |
| Entry level (25th percentile) | $57,930 | $4,828 | $27.85 |
| Experienced (75th percentile) | $80,460 | $6,705 | $38.68 |
*Hourly figures assume 2,080 paid hours a year.
Credit Analysts salary after taxes in Grand Rapids
On the average salary of $69,210, a single filer in Grand Rapids takes home about $53,873 a year, or $4,489 a month and $2,072 every two weeks. Taxes take 22% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). Includes Grand Rapids's local income tax (1.5%).
Is Grand Rapids a good place for credit analysts? Pay vs. cost of living
Prices in the Grand Rapids area are 4% below the U.S. average (BEA price parity 95.5), so the average $69,210 buys what about $72,436 would buy in a typical U.S. metro. This job pays 1.3 times the median wage of all jobs in Grand Rapids ($47,570). A typical home costs $359,923, or 5.2 years of this average salary before tax.
Credit Analysts salary in other Michigan cities
Grand Rapids ranks 5th of 5 Michigan metro areas for this job; Detroit pays the most ($81,760).
Highest-paying cities for credit analysts
New York, NY pays this job the most of the metro areas we cover ($153,870).
- New York, NY$153,870
- San Jose, CA$135,700
- San Francisco, CA$133,360
- Washington, DC$120,420
- Burlington, VT$119,620
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Credit Analysts salary in Grand Rapids: questions
How much do credit analysts make an hour in Grand Rapids?
$33.27 an hour on average, and $30.39 at the median (BLS, May 2025).
What is the entry-level credit analysts salary in Grand Rapids?
The lowest-paid 10% earn about $47,550 a year and the 25th percentile is $57,930, a fair guide to starting pay.
What is the credit analysts take-home pay in Grand Rapids?
About $53,873 a year ($4,489 a month) for a single filer on the average salary of $69,210. Includes Grand Rapids's local income tax (1.5%).
Do credit analysts earn more in Grand Rapids than elsewhere?
The average here is 33% less than the U.S. metro average for this job ($102,930).
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 Grand Rapids-Wyoming-Kentwood, MI (24340). Relative standard error of the mean wage: 4.8%.
- 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 (2025 rules). Includes Grand Rapids's local income tax (1.5%).
- Job concentration: location quotient 0.83, this job is about as common as in the U.S. overall.
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