Financial Risk Specialists Salary in Illinois
Financial Risk Specialists in Illinois make a median of $98,410 a year, or about $47.31 an hour. The range runs from $57K at the entry level to $203K for experienced workers.
AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)
So what does $98K get you in Illinois?
About financial risk specialists
Compensation breakdown
Annual earnings by percentile, Illinois
Entry-level financial risk specialists (10th percentile) start around $57K. Mid-career wages sit at $98K.Top earners bring in $203K or more - a $146K 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 |
Track financial risk specialists salary changes
BLS updates this data quarterly. We'll email you when Illinois numbers change.
Related careers in Business & Finance
Frequently asked questions
How much do financial risk specialists make in Illinois?
The median is $98,410 a year - that works out to about $47.31 an hour. The range is wide: entry-level workers start around $57,320, and experienced financial risk specialists can clear $203,260. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $98K enough to live in Illinois?
On that salary, you'd take home roughly $6,062/month after taxes. A 2-bedroom in this state rents for about $1,203/month (median of metro areas), which eats 19.8% 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 Illinois?
Illinois has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median financial risk specialists salary is worth about $98,410 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.