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Business & Finance · Arkansas

How to Become a Financial Risk Specialists in Arkansas

Financial Risk Specialists in Arkansas earn a median salary of $77,540/year, which is 27% below the national average. Arkansas has a state income tax of ~3.7%. After taxes and rent, a financial risk specialists takes home approximately $3,595/month. Most positions require Bachelor's degree.

$78K
Median salary in Arkansas
-27%
vs. national average
3.7%
State income tax
140
Employed in Arkansas

What a financial risk specialists can afford in Arkansas

Gross annual salary$77,540
Est. monthly take-home (after fed + 3.7% state tax)$5,007/mo
Median 2BR rent (Arkansas)-$1,412/mo
Rent as % of take-home28.2% (within guideline)
Cost-of-living adjusted salary$77,540/yr (RPP: 100)
Monthly remaining after rent$3,595/mo

Becoming a financial risk specialists in Arkansas

1

Meet education requirements

Financial Risk Specialists positions in Arkansas typically require Bachelor's degree. Programs are available at colleges and training institutions across Arkansas. Research accredited programs in your area.

2

Gain required experience

Many financial risk specialists positions in Arkansas require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.

3

Obtain Arkansas licensure or certification

Arkansas may require specific licensing or professional certification for financial risk specialistss. Requirements vary by state — contact the Arkansas Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.

4

Find positions in Arkansas

Arkansas employs 140 financial risk specialists. The highest concentrations are in Fayetteville-Springdale-Rogers and Little Rock-North Little Rock-Conway.

Financial Risk Specialists salary by metro area in Arkansas

Metro areaMedianHourlyEmployment
Fayetteville-Springdale-Rogers$85K$40.86/hr30
Little Rock-North Little Rock-Conway$81K$38.98/hr60

Financial Risk Specialists salary range in Arkansas

10th percentile (entry)
$47K
25th percentile
$55K
Median (50th)
$78K
75th percentile
$109K
90th percentile (senior)
$136K
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Frequently asked questions

How much does a financial risk specialists make in Arkansas?

The median financial risk specialists salary in Arkansas is $77,540 per year ($37.28/hr). This is 27% below the national median of $106,000. Salaries range from $47,300 to $136,420.

What are the requirements to become a financial risk specialists in Arkansas?

Financial Risk Specialists positions in Arkansas typically require Bachelor's degree. Arkansas may have specific licensing or certification requirements. Check with the Arkansas licensing board or department of labor for current requirements.

Can a financial risk specialists afford to live in Arkansas?

At the median salary of $77,540, a financial risk specialists in Arkansas would take home approximately $5,007/month after taxes. With median 2-bedroom rent at $1,412/month, that's 28.2% of take-home pay going to housing. This is within the recommended 30% guideline.

What are the best cities for financial risk specialists in Arkansas?

The highest paying metro areas for financial risk specialists in Arkansas are Fayetteville-Springdale-Rogers ($84,990), Little Rock-North Little Rock-Conway ($81,080). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.

Does Arkansas have state income tax for financial risk specialists?

Yes, Arkansas has a state income tax rate of approximately 3.7%. On a $77,540 salary, this means roughly $2,856/year in state income tax. Use our take-home pay calculator for a detailed breakdown.