Financial Risk Specialists Salary in Albany-Schenectady-Troy, NY
Financial Risk Specialists in Albany-Schenectady-Troy, NY make a median of $104,240 a year, or about $50.11 an hour. The range runs from $60K at the entry level to $161K for experienced workers. Adjusted for local prices (RPP 99.57), that's roughly $104,690 in purchasing power. Rent on a 2-bedroom averages $1,702/month, or 26.5% of estimated take-home pay.
So what does $104K get you in Albany-Schenectady-Troy?
Groceries, utilities, transportation, and healthcare scaled from national averages by Albany-Schenectady-Troy’s Regional Price Parity (99.57). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About financial risk specialists
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Compensation breakdown
Annual earnings by percentile, Albany-Schenectady-Troy, NY
Entry-level financial risk specialists (10th percentile) start around $60K. Mid-career wages sit at $104K. Top earners bring in $161K or more, a $101K spread from bottom to top.
Financial Risk Specialists pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New York | $138K | +31% | 10,980 |
| Delaware | $130K | +23% | 1,280 |
| Alaska | $126K | +19% | N/A |
| New Jersey | $123K | +16% | 2,370 |
| Massachusetts | $119K | +12% | 1,490 |
| Wyoming | $116K | +9% | 150 |
| District of Columbia | $115K | +8% | 160 |
| Oregon | $114K | +7% | 350 |
| Virginia | $113K | +7% | 1,420 |
| Maine | $112K | +6% | 150 |
| California | $112K | +5% | 4,460 |
| Washington | $110K | +4% | 790 |
| Georgia | $108K | +2% | 1,560 |
| North Carolina | $107K | +1% | 2,160 |
| Minnesota | $107K | +1% | 920 |
| Connecticut | $106K | -0% | 630 |
| New Hampshire | $106K | -0% | 190 |
| Maryland | $105K | -1% | 950 |
| Florida | $101K | -5% | 4,140 |
| Michigan | $100K | -5% | 1,000 |
| Pennsylvania | $100K | -5% | 2,240 |
| Iowa | $99K | -7% | 370 |
| Indiana | $99K | -7% | 570 |
| Illinois | $98K | -7% | 2,810 |
| Rhode Island | $98K | -8% | 400 |
| Vermont | $98K | -8% | 30 |
| Ohio | $97K | -8% | 1,700 |
| Texas | $96K | -9% | 4,440 |
| Missouri | $94K | -12% | 1,020 |
| Wisconsin | $94K | -12% | 710 |
| Arizona | $92K | -13% | 1,150 |
| West Virginia | $90K | -15% | 50 |
| Nebraska | $86K | -19% | 310 |
| Hawaii | $84K | -21% | 80 |
| Nevada | $84K | -21% | 500 |
| Alabama | $83K | -22% | 140 |
| Oklahoma | $83K | -22% | 160 |
| South Carolina | $82K | -22% | 400 |
| Kentucky | $81K | -24% | 440 |
| New Mexico | $80K | -24% | 150 |
| Utah | $79K | -26% | 620 |
| Tennessee | $78K | -27% | 470 |
| Arkansas | $78K | -27% | 140 |
| Kansas | $76K | -28% | 190 |
| Idaho | $72K | -32% | 170 |
| South Dakota | $72K | -32% | 110 |
| North Dakota | $70K | -34% | 80 |
| Louisiana | $55K | -48% | 520 |
Showing 1–10 of 48 states
BLS does not publish data for every state when sample sizes are too small
Track financial risk specialists salary changes
BLS updates this data quarterly. We'll email you when Albany-Schenectady-Troy numbers change.
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Frequently asked questions
How much do financial risk specialists make in Albany-Schenectady-Troy, NY?
The median is $104,240 a year, that works out to about $50 an hour. But the range is wide: entry-level workers start around $60,230, and experienced financial risk specialists can clear $160,790. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $104K enough to live in Albany-Schenectady-Troy?
On that salary, you'd take home roughly $6,376/month after taxes. A 2-bedroom here rents for about $1,702/month, which eats 26.7% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a financial risk specialists salary go in Albany-Schenectady-Troy?
Albany-Schenectady-Troy has a Regional Price Parity of 99.57 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median financial risk specialists salary is worth about $104,690 in national-average purchasing power.
Where do financial risk specialists get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.