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Credit administrator salary
Average credit administrator salary
$59,271
Average Credit Administrator Salary
As of October 2025, the average salary for a Credit Administrator stands at $59,271 annually, translating to approximately $29 per hour. This salary can vary based on factors such as location, years of experience, and specific job responsibilities.
Salary Variation by State
The highest paying states for Credit Administrators include California, New York, and Texas, where salaries can exceed the national average significantly. For instance, in California, Credit Administrators earn an average of $70,000 per year, reflecting the higher cost of living and demand for skilled professionals in the area.
Job Opportunities
Credit Administrators can find opportunities across various sectors, including finance, healthcare, and manufacturing. Positions often require strong analytical skills and attention to detail, making them crucial to managing credit risk for organizations. As the financial landscape continues to evolve, the demand for skilled Credit Administrators remains steady, offering a promising career path.
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Where can a Credit Administrator earn more?
Credit administrator salary estimates from across the web
Average credit administrator salary by state
The average credit administrator salary in New York, Delaware, and New Jersey are the highest in the U.S. The lowest average credit administrator salary states are Tennessee, Oklahoma, and Utah.
- State view
- County view
Highest paying states for credit administrators
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $79,826 | $38.38 |
| 2 | North Carolina | $69,327 | $33.33 |
| 3 | Delaware | $77,945 | $37.47 |
| 4 | Rhode Island | $68,066 | $32.72 |
| 5 | Pennsylvania | $70,227 | $33.76 |
| 6 | New Hampshire | $68,946 | $33.15 |
| 7 | California | $72,836 | $35.02 |
| 8 | New Jersey | $72,948 | $35.07 |
| 9 | Wyoming | $61,903 | $29.76 |
| 10 | Michigan | $65,168 | $31.33 |
| 11 | Nevada | $64,519 | $31.02 |
| 12 | Ohio | $62,895 | $30.24 |
| 13 | Massachusetts | $64,848 | $31.18 |
| 14 | Illinois | $63,169 | $30.37 |
| 15 | District of Columbia | $78,517 | $37.75 |
| 16 | Virginia | $72,125 | $34.68 |
| 17 | Alabama | $58,838 | $28.29 |
| 18 | Oregon | $59,174 | $28.45 |
| 19 | West Virginia | $63,588 | $30.57 |
| 20 | Maryland | $71,201 | $34.23 |
| 21 | Texas | $56,659 | $27.24 |
| 22 | Vermont | $60,954 | $29.30 |
| 23 | Florida | $57,040 | $27.42 |
| 24 | Iowa | $58,751 | $28.25 |
| 25 | Colorado | $54,749 | $26.32 |
| 26 | Arizona | $53,947 | $25.94 |
| 27 | Wisconsin | $58,525 | $28.14 |
| 28 | North Dakota | $52,074 | $25.04 |
| 29 | Hawaii | $49,753 | $23.92 |
| 30 | Washington | $55,274 | $26.57 |
| 31 | Connecticut | $59,810 | $28.75 |
| 32 | Georgia | $57,633 | $27.71 |
| 33 | Minnesota | $56,116 | $26.98 |
| 34 | South Dakota | $54,058 | $25.99 |
| 35 | Kansas | $52,888 | $25.43 |
| 36 | Indiana | $53,817 | $25.87 |
| 37 | Kentucky | $54,463 | $26.18 |
| 38 | Montana | $49,100 | $23.61 |
| 39 | Utah | $42,589 | $20.48 |
| 40 | Maine | $51,270 | $24.65 |
| 41 | New Mexico | $46,590 | $22.40 |
| 42 | Nebraska | $50,728 | $24.39 |
| 43 | South Carolina | $51,237 | $24.63 |
| 44 | Alaska | $41,037 | $19.73 |
| 45 | Missouri | $50,481 | $24.27 |
| 46 | Idaho | $38,647 | $18.58 |
| 47 | Tennessee | $43,224 | $20.78 |
| 48 | Arkansas | $43,791 | $21.05 |
| 49 | Mississippi | $43,525 | $20.93 |
| 50 | Oklahoma | $42,650 | $20.50 |
| 51 | Louisiana | $41,503 | $19.95 |
Highest paying cities for credit administrators
The highest-paying cities for credit administrators are New York, NY, San Francisco, CA, and Jersey City, NJ.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $80,369 | $38.64 |
| 2 | San Francisco, CA | $77,318 | $37.17 |
| 3 | Jersey City, NJ | $72,847 | $35.02 |
| 4 | Raleigh, NC | $71,231 | $34.25 |
| 5 | Providence, RI | $67,769 | $32.58 |
| 6 | Brockton, MA | $65,487 | $31.48 |
| 7 | Chicago, IL | $63,595 | $30.57 |
| 8 | Delaware, OH | $62,711 | $30.15 |
| 9 | Hoover, AL | $58,662 | $28.20 |
| 10 | Portland, OR | $58,465 | $28.11 |
| 11 | Duluth, GA | $58,101 | $27.93 |
| 12 | Wausau, WI | $57,496 | $27.64 |
| 13 | Dallas, TX | $55,941 | $26.89 |
| 14 | Everett, WA | $55,276 | $26.57 |
| 15 | Denver, CO | $54,755 | $26.32 |
| 16 | Glendale, AZ | $54,006 | $25.96 |
| 17 | Saint Louis, MO | $51,652 | $24.83 |
| 18 | Charleston, SC | $50,680 | $24.37 |
| 19 | Springdale, AR | $43,750 | $21.03 |
| 20 | Baton Rouge, LA | $41,594 | $20.00 |
Credit administrator salary details
A credit administrator's salary ranges from $33,000 a year at the 10th percentile to $106,000 at the 90th percentile.
What is a credit administrator's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $106,000 | $8,833 | $51 |
| 75th Percentile | $80,000 | $6,667 | $38 |
| Average | $59,271 | $4,939 | $29 |
| 25th Percentile | $43,000 | $3,583 | $21 |
| 10th Percentile | $33,000 | $2,750 | $16 |
Highest paying credit administrator jobs
The highest paying types of credit administrators are credit officer, senior credit analyst, and credit risk analyst.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Loan Officer | $45,817 | $3,818 | $22.03 | 63,663 |
| Bank Officer | $79,562 | $6,630 | $38.25 | 69,880 |
| Mortgage Consultant | $38,934 | $3,245 | $18.72 | 24,057 |
| Mortgage Banker | $27,331 | $2,278 | $13.14 | 24,297 |
| Closer | $29,291 | $2,441 | $14.08 | 7,560 |
| Underwriter | $61,751 | $5,146 | $29.69 | 8,510 |
Top companies hiring credit administrators now:
Which companies pay credit administrators the most?
Credit administrator salaries at BNY Mellon and City National Bank are the highest-paying according to our most recent salary estimates. In addition, the average credit administrator salary at companies like Western Alliance Bank and MUFG EMEA are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | BNY Mellon | $124,740 | $59.97 |
| 2 | City National Bank | $121,280 | $58.31 |
| 3 | Western Alliance Bank | $116,759 | $56.13 |
| 4 | MUFG EMEA | $115,232 | $55.40 |
| 5 | Open Bank | $106,480 | $51.19 |
| 6 | Sumitomo Mitsui Financial Group | $105,643 | $50.79 |
| 7 | Metropolitan Bank | $103,018 | $49.53 |
| 8 | Bank of America | $102,418 | $49.24 |
| 9 | Washington Trust Bank | $102,232 | $49.15 |
| 10 | U.S. Bank | $97,552 | $46.90 |
| 11 | Nucor | $95,563 | $45.94 |
| 12 | Xcel Energy | $94,126 | $45.25 |
| 13 | Bausch + Lomb | $92,731 | $44.58 |
| 14 | Regions Bank | $87,456 | $42.05 |
| 15 | New York Community Bank | $84,858 | $40.80 |
| 16 | Comerica | $83,937 | $40.35 |
| 17 | Volt Systems LLC | $82,943 | $39.88 |
| 18 | Northfield Savings Bank | $79,003 | $37.98 |
| 19 | Recruit | $69,384 | $33.36 |
| 20 | Schnitzer Steel | $69,354 | $33.34 |
Wage gap by gender, race and education
Credit administrator salary trends
The average credit administrator salary has risen by $11,258 over the last ten years. In 2014, the average credit administrator earned $48,013 annually, but today, they earn $59,271 a year. That works out to a 7% change in pay for credit administrators over the last decade.
Compare credit administrator salaries for cities or states with the national average over time.
Average credit administrator salary over time
Compare credit administrator salaries for individual cities or states with the national average.
Credit administrator salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $59,300 | $28.50 | +1.8% |
| 2024 | $58,200 | $27.99 | +2.9% |
| 2023 | $56,500 | $27.18 | +0.3% |
| 2022 | $56,400 | $27.10 | +1.9% |
| 2021 | $55,300 | $26.58 | +0.4% |
Recently added credit administrator salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Solv Energy, LLC | Corporate Credit Card Administrator | San Diego, CA | 06/29/2025 | $76,816 |
| Foundation Building Materials | Credit Administrator | Oxnard, CA | 06/27/2025 | $43,827 |
| Peopleready | Credit Administrator | Oxnard, CA | 06/26/2025 | $34,436 |
| Aston Carter | Credit Collections Administrator | Bridgeton, MO | 06/25/2025 | $45,914 |
| Nevada Corporate Headquarters | Business Credit Administrator | Las Vegas, NV | 06/21/2025 | $38,610 |
| Nevada Corporate Headquarters Inc. | Business Credit Administrator | Las Vegas, NV | 06/19/2025 | $38,610 |
| SOLV Energy | Corporate Credit Card Administrator | Downe, NJ | 06/19/2025 | $76,816 |
| Ryerson Inc. | Credit Administrator | Little Rock, AR | 06/04/2025 | $43,780 |
| Exchange Bank | Senior Credit Administrator | Santa Rosa, CA | 05/28/2025 | $124,500 |
| BNL Technical Services | Credit Card Administrator | Fine, NY | 05/25/2025 | $80,300 |
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