Financial Risk Specialists Salary
Financial Risk Specialists in Cincinnati, OH-KY-IN make a median of $93,470 a year, or about $44.94 an hour. The range runs from $61K at the entry level to $159K for experienced workers. Adjusted for local prices (RPP 95.37), that's roughly $98,008 in purchasing power. Rent on a 2-bedroom averages $1,353/month, or 22.9% of estimated take-home pay.
So what does $93K get you in Cincinnati?
Groceries, utilities, transportation, and healthcare scaled from national averages by Cincinnati’s Regional Price Parity (95.37). 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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What this looks like in Cincinnati
Pay for financial risk specialists in Cincinnati runs about 20% below the U.S. median of $117K. Housing is manageable: a 2-bedroom at the HUD median costs $1,353/month, 22.5% of take-home, well inside the 30% guideline. Cost of living (RPP 95.37) is near the national average, so spending patterns here track the typical American budget fairly closely. Lower pay, lower costs, Cincinnati can be a reasonable trade-off for financial risk specialistss who value affordability over top-dollar markets.
Compared to nearby metros
Median pay for financial risk specialists in metros near Cincinnati, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Columbus | $100K | $105K |
| Cleveland | $94K | $100K |
| Akron | $97K | $104K |
| Dayton-Kettering-Beavercreek | $104K | $112K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Cincinnati, OH-KY-IN
Entry-level financial risk specialists (10th percentile) start around $61K. Mid-career wages sit at $93K. Top earners bring in $159K or more, a $99K spread from bottom to top.
Financial Risk Specialists pay across states
Median income ranked highest to lowest, compared to the national figure
View Financial Risk Specialists salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New Hampshire | $158K | +35% | 300 |
| Maine | $141K | +20% | N/A |
| Delaware | $139K | +19% | 1,160 |
| New York | $137K | +17% | 12,060 |
| North Carolina | $132K | +13% | 3,200 |
| Massachusetts | $130K | +11% | 1,440 |
| New Jersey | $129K | +10% | 2,760 |
| California | $129K | +10% | 5,740 |
| Virginia | $127K | +8% | 1,770 |
| Washington | $123K | +5% | 900 |
| Colorado | $120K | +3% | 1,050 |
| Wyoming | $120K | +2% | 170 |
| Maryland | $117K | -0% | 890 |
| Connecticut | $114K | -3% | 660 |
| Oregon | $110K | -7% | 430 |
| Iowa | $106K | -10% | 530 |
| Minnesota | $105K | -10% | 1,190 |
| Rhode Island | $104K | -11% | 450 |
| Illinois | $104K | -11% | 2,920 |
| Michigan | $104K | -11% | 1,150 |
| Texas | $104K | -12% | 4,780 |
| Pennsylvania | $103K | -12% | 2,370 |
| Arizona | $103K | -12% | 1,700 |
| Montana | $101K | -14% | 50 |
| Missouri | $101K | -14% | 1,070 |
| Georgia | $101K | -14% | 2,180 |
| Nevada | $100K | -15% | 570 |
| Florida | $100K | -15% | 3,770 |
| South Carolina | $100K | -15% | 560 |
| Indiana | $99K | -15% | 380 |
| District of Columbia | $99K | -15% | 210 |
| Ohio | $99K | -16% | 2,110 |
| Wisconsin | $98K | -17% | 610 |
| Mississippi | $96K | -18% | 230 |
| West Virginia | $94K | -20% | 50 |
| Nebraska | $94K | -20% | 250 |
| Tennessee | $91K | -22% | 540 |
| Hawaii | $90K | -23% | 90 |
| New Mexico | $87K | -26% | 180 |
| Alaska | $85K | -27% | 50 |
| Oklahoma | $85K | -27% | 330 |
| Kansas | $85K | -28% | 150 |
| Alabama | $82K | -30% | 180 |
| South Dakota | $79K | -33% | 130 |
| Utah | $78K | -34% | 630 |
| Idaho | $77K | -34% | 270 |
| Kentucky | $75K | -36% | 500 |
| North Dakota | $75K | -36% | 90 |
| Arkansas | $66K | -44% | 150 |
| Louisiana | $58K | -50% | 520 |
Showing 1–10 of 50 states with published data
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 Cincinnati numbers change.
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Frequently asked questions
Can a financial risk specialist afford a 2BR apartment alone in Cincinnati?
Yes — at the median salary of $93K, rent takes 22.5% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,353/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial risk specialists in Cincinnati?
The 10th-percentile wage — what new financial risk specialists typically earn — is $61K/year. Take-home on that works out to about $3,644/month. At HUD’s $1,353/month FMR, rent would take 37% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is financial risk specialist a high-paying job in Cincinnati?
Local pay runs 20% below the national median — $93K here vs. $117K nationally.
How does Cincinnati compare to the national average for financial risk specialists?
Cincinnati pays $93K median vs. the U.S. average of $117K — that’s -20%. After adjusting for local cost of living (RPP 95.37), the purchasing-power equivalent is $98K — below the national median.
How much do financial risk specialists make in Cincinnati, OH-KY-IN?
The median is $93,470 a year, that works out to about $45 an hour. But the range is wide: entry-level workers start around $60,730, and experienced financial risk specialists can clear $159,310. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $93K enough to live in Cincinnati?
On that salary, you'd take home roughly $6,021/month after taxes. A 2-bedroom here rents for about $1,353/month, which eats 22.5% 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 Cincinnati?
Cincinnati has a Regional Price Parity of 95.37 (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 $98,008 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.