Credit Risk Analyst

Credit Risk Analyst Salary in Michigan

$32.2K

$91.1K

$172.1K

$99,258

/year

$47.72

/hour

Credit Risk Analyst Salary Comparison by Location

Nationwide

United States

$113,881

Michigan

Michigan

$99,258

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    How much does a Credit Risk Analyst make in Michigan?

    As of Aug 29, 2026, the average annual pay for a Credit Risk Analyst in Michigan is $99,258 a year.

    Just in case you need a simple salary calculator, that works out to be approximately $47.72 an hour. This is the equivalent of $1,908/week or $8,271/month.

    While ZipRecruiter is seeing salaries as high as $172,140 and as low as $32,249, the majority of Credit Risk Analyst salaries currently range between $71,900 (25th percentile) to $122,500 (75th percentile) with top earners (90th percentile) making $149,914 annually in Michigan. The average pay range for a Credit Risk Analyst varies greatly (by as much as 50600), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.

    Michigan ranks number 50 out of 50 states nationwide for Credit Risk Analyst salaries.

    To estimate the most accurate annual salary range for Credit Risk Analyst jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America.

    Find your next high paying job as a Credit Risk Analyst on ZipRecruiter today.

    What are Top 10 Highest Paying Cities for Credit Risk Analyst Jobs in Michigan

    We've identified 10 cities where the typical salary for a Credit Risk Analyst job is above the average in Michigan in Michigan. Topping the list is Lansing, , with Farmington, and Farmington Hills, close behind in the second and third positions. Farmington Hills, beats the average in Michigan by $12,802 (12.9%), and Lansing, furthers that trend with another $16,248 (16.4%) above the $99,258 average.

    With these 10 cities paying on average above the average for Michigan, the opportunities for economic advancement by changing locations as a Credit Risk Analyst appears to be exceedingly fruitful.

    Finally, another factor to consider is the average salary for these top 10 cities varies very little at 7% between Lansing, and Warren, , reinforcing the limited potential for much wage advancement. The possibility of a lower cost of living may be the best factor to use when considering location and salary for a Credit Risk Analyst role.

    City

    Annual Salary

    Hourly Wage

    Lansing

    $115,506

    $55.53

    Farmington

    $112,060

    $53.88

    Farmington Hills

    $112,060

    $53.88

    Ann Arbor

    $111,414

    $53.56

    Flint

    $110,778

    $53.26

    Grand Rapids

    $109,373

    $52.58

    Holland

    $108,576

    $52.20

    Portage

    $108,036

    $51.94

    Auburn Hills

    $107,777

    $51.82

    Warren

    $106,961

    $51.42

    What are Top 5 Best Paying Related Credit Risk Analyst Jobs in Michigan

    Analyzing similar jobs related to the Credit Risk Analyst job category in Michigan, we found 5 that were relevant. However, none pay more than the $99258 state average for Credit Risk Analyst jobs.

    Nevertheless Counterparty Credit Risk Analyst, Market Risk Analyst, or Senior Commodity Trader may still be interesting positions to explore.

    Job Title

    Annual Salary

    Hourly Wage

    Counterparty Credit Risk Analyst

    $99,258

    $47.72

    Market Risk Analyst

    $94,422

    $45.40

    Senior Commodity Trader

    $69,978

    $33.64

    Securities Lending Analyst

    $63,499

    $30.53

    Risk

    $54,997

    $26.44

    About Our Data

    ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources.

    Infographic detailing Credit Risk Analyst salary in Michigan as of August 2026. Shows a bar chart with salary percentiles ranging from $71,900 to $149,914 annually, with the Michigan average at $99,258 per year or $47.72 per hour. Includes a list of the top 10 highest paying cities in Michigan for Credit Risk Analyst jobs, with Lansing leading at $115,506 annually.