Credit Analysts vs Electrical Engineers: Salary Comparison (2024)
Side-by-side salary comparison using 2024 Bureau of Labor Statistics data.
Which Career Pays More?
Electrical Engineers professionals earn $30,940 more per year than Credit Analysts professionals — that's 38.2% higher. At the 90th percentile, Credit Analysts earns $168,840 compared to $175,460 for Electrical Engineers.
Salary Range Comparison
Credit Analysts$52,930 – $168,840
Electrical Engineers$74,670 – $175,460
$52,930$175,460
Detailed Salary Comparison
| Percentile | Credit Analysts | Electrical Engineers | Difference |
|---|---|---|---|
| 10th Percentile | $52,930 | $74,670 | $-21,740 |
| 25th Percentile | $63,850 | $87,590 | $-23,740 |
| Median (50th) | $80,970 | $111,910 | $-30,940 |
| 75th Percentile | $113,850 | $141,630 | $-27,780 |
| 90th Percentile | $168,840 | $175,460 | $-6,620 |
| Mean (Average) | $98,040 | $120,980 | $-22,940 |
Employment Numbers
Credit Analysts
67,370
employed nationwide
Electrical Engineers
188,790
employed nationwide
Top Paying Cities
Best Cities for Credit Analysts
| City | Median |
|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | $133,180 |
| San Francisco-Oakland-Berkeley, CA | $127,470 |
| Birmingham-Hoover, AL | $105,510 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $105,010 |
| Denver-Aurora-Lakewood, CO | $100,670 |
Best Cities for Electrical Engineers
| City | Median |
|---|---|
| San Jose-Sunnyvale-Santa Clara, CA | $186,920 |
| San Francisco-Oakland-Berkeley, CA | $163,840 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $136,820 |
| Seattle-Tacoma-Bellevue, WA | $135,480 |
| Los Angeles-Long Beach-Anaheim, CA | $134,900 |
Frequently Asked Questions
Who earns more: Credit Analysts or Electrical Engineers?
Electrical Engineers professionals earn more, with a median salary difference of $30,940 (38.2% higher) as of 2024 BLS data.
What is the salary range for Credit Analysts?
Credit Analysts salaries range from $52,930 (10th percentile) to $168,840 (90th percentile), with a median of $80,970.
What is the salary range for Electrical Engineers?
Electrical Engineers salaries range from $74,670 (10th percentile) to $175,460 (90th percentile), with a median of $111,910.
How many Credit Analysts and Electrical Engineers jobs are there?
There are approximately 67,370 Credit Analysts positions and 188,790 Electrical Engineers positions nationwide according to 2024 BLS data.
Is it worth switching from Electrical Engineers to Credit Analysts?
Career decisions depend on many factors beyond salary. Credit Analysts has a median salary of $80,970 while Electrical Engineers earns $111,910. Consider job satisfaction, growth prospects, required education, and work-life balance.
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Data verified March 2026 · Source: U.S. Bureau of Labor Statistics OEWS