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Financial Risk Specialist Salary in U.S.

The salary statistics of financial risk specialists are shown in Table 1. In the next few tables we compare the average salaries of financial risk specialists within different industry sectors and in the 50 states of the United States. The financial risk specialists annual salary statistics are from the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].

Table 1. Financial Risk Specialist Salary in U.S. (2022 survey)

Percentile BracketAverage Annual Salary
10th Percentile Wage
$59,510
25th Percentile Wage
$77,800
50th Percentile Wage
$102,120
75th Percentile Wage
$134,720
90th Percentile Wage
$175,720

Table 1 shows the average annual salary for financial risk specialists. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) financial risk specialists is $175,720. The median annual salary (50th percentile) is $102,120. The average annual salary for the bottom 10 percent is $59,510. Note that in the United States, the annual salary of the 90th percentile (the top 10 percent of the highest paid) is almost 195% higher than that of the bottom 10 percent.

Median salary trend (2012 to 2022)

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.

YearMedian Salary Growth1-Year Growth
2022
$102,120
2.08% 2.08%
2021
$100,000
- -

Table 2. Financial Risk Specialist Salary by Industry Sector (2022 survey)

The average salaries of financial risk specialists in 19 major industry sectors are shown in Table 2. We note that the salaries vary considerably within different industry sectors. The highest paying industry sector for financial risk specialists occupations is the other services (except federal, state, and local government) sector with an annual salary $128,870. The lowest paying sector is the accommodation and food services sector (annual salary $53,180).

Industry Sector Median Annual Salary
Other Services (except Federal, State, and Local Government)
$128,870
Mining
$124,840
Utilities
$104,730
Professional, Scientific, and Technical Services
$104,260
Finance and Insurance
$103,670
Management of Companies and Enterprises
$103,300
Manufacturing
$101,210
Information
$99,340
Wholesale Trade
$98,130
Transportation and Warehousing
$90,310
Arts, Entertainment, and Recreation
$89,500
Real Estate and Rental and Leasing
$86,550
Health Care and Social Assistance
$84,890
Administrative and Support and Waste Management and Remediation Services
$84,100
Educational Services
$80,650
Construction
$80,390
Federal, State, and Local Government
$75,160
Retail Trade
$63,940
Accommodation and Food Services
$53,180

Table 3. Median Annual Wage of Financial Risk Specialists by States (2022 survey)

From the above tables we note that not only financial risk specialists salaries vary considerably based on one's education and experience, and the industry sectors, they also change considerably from state to state. In the following table we compare the median salary of financial risk specialists in all 50 states of the United States. We note that the median annual salaries range from $48,130 to $135,350. The highest paying state for financial risk specialists is District of Columbia with a median annual salary of $135,350. The lowest paying state is Puerto Rico with a median annual salary of $48,130. For more salary information of financial risk specialists profession in a specific state, use the links in the table.

State Name Median Annual Salary
District of Columbia
$135,350
New York
$134,640
Delaware
$127,650
Virginia
$110,500
North Carolina
$106,440
Rhode Island
$105,300
New Jersey
$104,780
California
$104,260
Massachusetts
$102,530
Connecticut
$101,250
Oregon
$100,940
Ohio
$100,140
Minnesota
$99,950
Washington
$99,830
Georgia
$97,750
Florida
$96,820
Wisconsin
$96,440
Alabama
$94,930
Pennsylvania
$92,800
Arizona
$91,870
Colorado
$90,540
Illinois
$89,190
Maryland
$87,090
Utah
$86,010
Iowa
$84,790
Texas
$83,530
Kansas
$83,520
Maine
$83,410
Michigan
$83,260
South Dakota
$82,920
Mississippi
$81,720
Nevada
$80,660
Indiana
$79,670
Idaho
$79,150
Missouri
$79,100
South Carolina
$77,450
North Dakota
$77,190
Hawaii
$77,010
Louisiana
$76,020
Oklahoma
$74,160
New Mexico
$72,920
Kentucky
$72,400
Nebraska
$71,970
New Hampshire
$70,660
Arkansas
$64,940
Tennessee
$64,700
West Virginia
$62,710
Puerto Rico
$48,130

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