The annual salary statistics of financial risk specialists in Cedar Rapids, Iowa is shown in Table 1. The wage information of financial risk specialists in Cedar Rapids is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $54,960 |
| 25th Percentile Wage | $67,000 |
| 50th Percentile Wage | $85,870 |
| 75th Percentile Wage | $120,450 |
| 90th Percentile Wage | $173,700 |
Table 1 shows the average annual salary for financial risk specialists in Cedar Rapids, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $173,700. The median (50th percentile) annual salary is $85,870. The average annual salary for the bottom 10 percent earners is $54,960.
The table and chart below show the trend of the median salary of financial risk specialists from 2012 to 2022. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 1-Year Growth |
|---|---|---|---|
| 2022 | $85,870 | 29.08% | 29.08% |
| 2021 | $60,900 | - | - |
From Table 3 we note that with a median annual salary of $85,870, Cedar Rapids is the second highest paying city for financial risk specialists in state of Iowa, following the highest paying city Des Moines-West Des Moines (median annual salary of $93,300). Compared with Des Moines-West Des Moines, the median annual salary of financial risk specialists in Cedar Rapids is 8.0 percent (8.0%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Des Moines-West Des Moines | |
| Cedar Rapids | |
| Southeast Iowa nonmetropolitan area | |
| Davenport-Moline-Rock Island |