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Credit Manager Salary in Parkville, MD
How much does a Credit Manager make in Parkville, MD?
$143,837 (USD)/year
Average Bonus
$10,831 (USD)
per Year
Total Compensation
$152,764.93
Entry Level
$100,821
Median
$141,934
Senior Level
$163,518
As of July, 23, 2026, the average credit manager gross salary in Parkville, Maryland is $143,837 or an equivalent hourly rate of $69. In addition, credit managers earn an average bonus of $10,831. An entry level credit manager with 1-3 years of experience earns an average salary of $100,821. At the higher end of the pay range, a senior level credit manager with 8+ years of experience earns an average salary of $163,518. Salary estimates are based on salary survey data collected directly from employers in Parkville, Maryland.
Data powered by ERI
Salary Potential for a Credit Manager
Explore the estimated salary growth for a Credit Manager in Parkville, MD for up to 5 years. The estimated salary of a Credit Manager will be $147,779 in 1 year and $164,656 in 5 years.
View Salary by Year
Estimated Salary
$151,828
Average Growth
5.6 %
The estimated salary for a Credit Manager in 2 years is $151,828, which is 5.6 % average growth. This information is based on ERI's compensation database.
Typical Credit Manager Education
This chart displays the highest level of education for Credit Managers.
- 0% of Credit Managers have less than a High School Diploma
- 16% of Credit Managers have a High School Diploma
- 7% of Credit Managers have an Associate's Degree
- 49% of Credit Managers have a Bachelor's Degree
- 29% of Credit Managers have a Master's Degree
- 0% of Credit Managers have a Doctorate Degree
The typical field of study for a Credit Manager is Finance.
See how education can impact your salaryPopular Skills for a Credit Manager
Coordinates activities
92%
Financial record analysis
8%
Analyzes organization's financial status
8%
Approves commercial lending policies
8%
Collects data
8%
Contacts customers
8%
These are the most popular skills for Credit Managers. About 92% of Credit Managers have a skill in Coordinates activities. The top 3 most popular skills for Credit Managers are coordinates activities, financial record analysis, and analyzes organization's financial status.
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Credit Manager Salaries in Other Locations
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View moreCost of Living in Parkville, MD
The cost of living in Parkville, MD is 6% higher than the national average.
6% higher
than the national average
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Frequently Asked Questions
What does a Credit Manager do?
Manages and coordinates activities of those engaged in conducting credit investigations and collecting delinquent accounts of customers of commercial establishment, department store, bank, or similar establishment. Assigns subordinates to supervise workers investigating and verifying financial status and reputation of prospective customers applying for credit, preparing documents to substantiate findings, and recommending rejection or approval of applications. Determines responsibility for collecting on bad checks and delinquent bills to specific supervisors.
How much does a Credit Manager make in Parkville, MD?
The average salary for a Credit Manager is $143,837 per year or $69.15 per hour in Parkville, MD. Top earners have reported making up to $163,518. However, the typical pay range in Parkville, MD is between $100,821 and $163,518 annually.
What is the salary trajectory for a Credit Manager?
Credit Manager is projected to see a 14.5 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact Credit Manager salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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