Financial Risk Specialists Salary
Financial Risk Specialists in Colorado Springs, CO make a median of $126,500 a year, or about $60.82 an hour. The range runs from $77K at the entry level to $165K for experienced workers. Adjusted for local prices (RPP 100.71), that's roughly $125,608 in purchasing power. Rent on a 2-bedroom averages $1,474/month, or 18.8% of estimated take-home pay.
Where the paycheck goes
What $127K actually covers in Colorado Springs, month by month
Groceries, utilities, transportation, and healthcare scaled from national averages by Colorado Springs’s Regional Price Parity (100.71). 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 Colorado Springs
Financial risk specialists pay in Colorado Springs tracks closely to the national median, $127K locally vs. $117K nationwide, a 8% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,474/month, 19.3% of take-home, well inside the 30% guideline. Cost of living (RPP 100.71) is near the national average, so spending patterns here track the typical American budget fairly closely. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for financial risk specialists in metros near Colorado Springs, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Denver-Aurora-Centennial | $119K | $112K |
| Phoenix-Mesa-Chandler | $102K | $99K |
| Salt Lake City-Murray | $81K | $81K |
| Oklahoma City | $78K | $86K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Colorado Springs, CO
Entry-level financial risk specialists (10th percentile) start around $77K. Mid-career wages sit at $127K. Top earners bring in $165K or more, a $88K 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 annually. We'll email you when Colorado Springs numbers change.
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Quick answers
The stuff people actually ask about this job
Can a financial risk specialist afford a 2BR apartment alone in Colorado Springs?
Yes — at the median salary of $127K, rent takes 19.3% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,474/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial risk specialists in Colorado Springs?
The 10th-percentile wage — what new financial risk specialists typically earn — is $77K/year. Take-home on that works out to about $4,920/month. At HUD’s $1,474/month FMR, rent would take 30% of that take-home — manageable on an entry-level income.
Is financial risk specialist a high-paying job in Colorado Springs?
Pay here is roughly in line with the national average — $127K locally vs. $117K nationally, a 8% difference.
How does Colorado Springs compare to the national average for financial risk specialists?
Colorado Springs pays $127K median vs. the U.S. average of $117K — that’s +8%. After adjusting for local cost of living (RPP 100.71), the purchasing-power equivalent is $126K — still ahead of the national median.
How much do financial risk specialists make in Colorado Springs, CO?
The median is $126,500 a year, that works out to about $61 an hour. But the range is wide: entry-level workers start around $76,800, and experienced financial risk specialists can clear $164,820. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $127K enough to live in Colorado Springs?
On that salary, you'd take home roughly $7,638/month after taxes. A 2-bedroom here rents for about $1,474/month, which eats 19.3% 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 Colorado Springs?
Colorado Springs has a Regional Price Parity of 100.71 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median financial risk specialists salary is worth about $125,608 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.
