Financial Risk Specialists Salary
Financial Risk Specialists in Des Moines-West Des Moines, IA make a median of $108,110 a year, or about $51.98 an hour. The range runs from $82K at the entry level to $168K for experienced workers. Cost of living is below average (RPP 91.7), which stretches that salary to about $117,895 in buying power. Rent on a 2-bedroom averages $1,318/month, or 19.3% of estimated take-home pay.
So what does $108K get you in Des Moines-West Des Moines?
Groceries, utilities, transportation, and healthcare scaled from national averages by Des Moines-West Des Moines’s Regional Price Parity (91.7). 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
Sponsored links, AffordMap may earn a commission at no cost to you. Learn more
What this looks like in Des Moines-West Des Moines
Financial risk specialists pay in Des Moines-West Des Moines tracks closely to the national median, $108K locally vs. $117K nationwide, a 8% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,318/month, 20.1% of take-home, well inside the 30% guideline. Regional Price Parity sits at 91.7 (national = 100), meaning everyday costs run about 8% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for financial risk specialists in metros near Des Moines-West Des Moines, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Cedar Rapids | $91K | $103K |
| Davenport-Moline-Rock Island | $92K | $103K |
| Chicago-Naperville-Elgin | $105K | $102K |
| Minneapolis-St. Paul-Bloomington | $105K | $101K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Des Moines-West Des Moines, IA
Entry-level financial risk specialists (10th percentile) start around $82K. Mid-career wages sit at $108K. Top earners bring in $168K or more, a $86K 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 Des Moines-West Des Moines numbers change.
Related careers in Business & Finance
Frequently asked questions
Can a financial risk specialist afford a 2BR apartment alone in Des Moines-West Des Moines?
Yes — at the median salary of $108K, rent takes 20.1% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,318/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial risk specialists in Des Moines-West Des Moines?
The 10th-percentile wage — what new financial risk specialists typically earn — is $82K/year. Take-home on that works out to about $4,917/month. At HUD’s $1,318/month FMR, rent would take 27% of that take-home — manageable on an entry-level income.
Is financial risk specialist a high-paying job in Des Moines-West Des Moines?
Pay here is roughly in line with the national average — $108K locally vs. $117K nationally, a 8% difference.
How does Des Moines-West Des Moines compare to the national average for financial risk specialists?
Des Moines-West Des Moines pays $108K median vs. the U.S. average of $117K — that’s -8%. After adjusting for local cost of living (RPP 91.7), the purchasing-power equivalent is $118K — still ahead of the national median.
How much do financial risk specialists make in Des Moines-West Des Moines, IA?
The median is $108,110 a year, that works out to about $52 an hour. But the range is wide: entry-level workers start around $81,950, and experienced financial risk specialists can clear $168,440. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $108K enough to live in Des Moines-West Des Moines?
On that salary, you'd take home roughly $6,559/month after taxes. A 2-bedroom here rents for about $1,318/month, which eats 20.1% 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 Des Moines-West Des Moines?
Des Moines-West Des Moines has a Regional Price Parity of 91.7 (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 $117,895 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.