Average Credit Manager Salary in Minneapolis, Minnesota

$72,647
Avg. SalaryShow Hourly Rate
$4,275
Bonus
$1,895
Profit Sharing
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The average salary for a Credit Manager in Minneapolis, Minnesota is $72,647.
10%
$50k
10%
$73k
50%
$104k
90%
90%
MEDIAN $72,647
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United States (change)
Salary
$50k - $104k
Bonus
$503 - $10k
Profit Sharing
$0 - $2k
Total Pay
$43k - $104k

Your Market Worth Over Time

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Job Description for Credit Manager

Credit Manager Tasks
  • Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money.
  • Prepare reports with this credit information for use in decision-making.

Career Paths

Explore the most common career paths for Credit Manager. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Credit Manager
Credit / Collections Manager
Accounting Manager
Credit Analyst
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Credit Manager Job Listings

Popular Skills for Credit Manager

Skills in Credit Control and Risk Management / Risk Control are correlated to pay that is above average. Skills that pay less than market rate include Bill Collections and Accounts Receivable.

Pay by Experience Level for Credit Manager

A mid-career Credit Manager with 5-9 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $62,400 based on 6 salaries. An experienced Credit Manager with 10-19 years of experience earns an average total compensation of $69,939 based on 7 salaries. In their late career (20 years and higher), employees earn an average total compensation of $85,000.
Employees with Credit Manager in their job title in Houston, Texas earn an average of 5.5% more than the national average. These job titles also find higher than average salaries in New York, New York (1.6% more). The lowest salaries can be found in Portland, Oregon (16.9% less), Seattle, Washington (15.1% less) and Dallas, Texas (11.9% less).

Years of Experience

This data is based on 23 survey responses.
Mid Career
26.1%
Experienced
30.4%
Late Career
43.5%

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