Financial Risk Specialists Salary
Financial Risk Specialists in Idaho make a median of $76,870 a year, or about $36.96 an hour. The range runs from $51K at the entry level to $136K for experienced workers. Cost of living is below average (RPP 93.88), which stretches that salary to about $81,881 in buying power. Rent on a 2-bedroom averages $1,136/month, or 22.5% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Idaho. Jump to a metro for precise data:
So what does $77K get you in Idaho?
About financial risk specialists
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What this looks like in Idaho
Pay for financial risk specialists in Idaho runs about 34% below the U.S. median of $117K. Housing is manageable: a 2-bedroom at the HUD median costs $1,136/month, 23.1% of take-home, well inside the 30% guideline. Regional Price Parity sits at 93.88 (national = 100), meaning everyday costs run about 6% cheaper here. Your dollar stretches further than the headline salary suggests. Lower pay, lower costs, Idaho can be a reasonable trade-off for financial risk specialistss who value affordability over top-dollar markets.
Compensation breakdown
Annual earnings by percentile, Idaho
Entry-level financial risk specialists (10th percentile) start around $51K. Mid-career wages sit at $77K. Top earners bring in $136K or more, a $84K spread from bottom to top.
Financial Risk Specialists salary by metro in Idaho
1 metro area with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Boise City | $64K | -17% | 130 |
Compare to other states
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Frequently asked questions
Can a financial risk specialist afford a 2BR apartment alone in Idaho?
Yes — at the median salary of $77K, rent takes 23.1% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,136/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial risk specialists in Idaho?
The 10th-percentile wage — what new financial risk specialists typically earn — is $51K/year. Take-home on that works out to about $3,079/month. At HUD’s $1,136/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 Idaho?
Local pay runs 34% below the national median — $77K here vs. $117K nationally. Cost of living is 6% below the national average, which narrows that gap in real purchasing power.
How does Idaho compare to the national average for financial risk specialists?
Idaho pays $77K median vs. the U.S. average of $117K — that’s -34%. After adjusting for local cost of living (RPP 93.88), the purchasing-power equivalent is $82K — below the national median.
How much do financial risk specialists make in Idaho?
The median is $76,870 a year, that works out to about $37 an hour. But the range is wide: entry-level workers start around $51,310, and experienced financial risk specialists can clear $135,780. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $77K enough to live in Idaho?
On that salary, you'd take home roughly $4,922/month after taxes. A 2-bedroom here rents for about $1,136/month, which eats 23.1% 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 Idaho?
Idaho has a Regional Price Parity of 93.88 (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 $81,881 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.
