SOC 13-2041 · May 2025 · BLS OEWS
Credit Analysts — Springfield
Springfield, MA · 2 metro areas compared
In Springfield, MA the median wage is $74,470.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
In Springfield, MA the median wage is $74,470. That is 10.8% lower than the national median of $83,510. Pay ranges from under $53,110 at the tenth percentile to more than $110,490 at the ninetieth, with the interquartile range running from $63,540 to $96,860.
The area has 50 jobs in this occupation, giving a location quotient of 0.60 — a measure of how concentrated the occupation is here relative to the country as a whole. Within the state, Boston records the highest median at $101,890. Of the 408 occupations with published wages in this area, it sits 159th.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $53,110 | −36.4% |
| 25th | $63,540 | −23.9% |
| Median (50th) | $74,470 | −10.8% |
| 75th | $96,860 | +16.0% |
| 90th | $110,490 | +32.3% |
| Mean | $80,510 | −3.6% |
Other metro areas in Massachusetts
What the pay is worth locally
Prices in Springfield run 5.8% above the national average, so the median of $74,470 buys what $70,388 would elsewhere in the country. Measured that way the gap against the national median narrows to 15.7% below the national median in real terms.
Published median
$74,470as reported by BLSLocal price level
105.8US average = 100 · BEA 2024Adjusted for local prices
$70,388US average = 100 · BEA 2024Key takeaways
- Median pay is $74,470 a year, 10.8% below the national median.
- Published pay spans $53,110 to $110,490 between the tenth and ninetieth percentiles.
- The area has 50 jobs in this occupation.
- The highest-paying metro area covered is Boston, at $101,890.
Frequently asked questions
What is the median wage for Credit Analysts in Springfield, MA?
The median annual wage is $74,470, or $35.80 per hour, as of May 2025. Half of the workers in this occupation earn more than that and half earn less.
Is that higher than the national average?
The national median for this occupation is $83,510, so pay in Springfield, MA is 10.8% lower. These figures are medians, not averages: half of workers fall on each side.
What do the top earners make?
The top tenth of this occupation in Springfield, MA earns more than $110,490 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $53,110 per year. The survey measures wages actually paid rather than experience level, so this reflects the lowest-paid tenth rather than entry-level pay specifically.
Which area nearby pays the most?
The highest median for this occupation among the metro areas covered is in Boston, at $101,890 per year.
How many jobs are there in this occupation here?
The survey estimates 50 jobs in this occupation in Springfield, MA. Self-employed workers are not included.
Source and methodology
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Wages are for wage-and-salary workers; self-employed workers are not included. Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.
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