Financial Risk Specialists Salary
Financial Risk Specialists in Iowa make a median of $105,680 a year, or about $50.81 an hour. The range runs from $71K at the entry level to $168K for experienced workers. Cost of living is below average (RPP 88.86), which stretches that salary to about $118,929 in buying power. Rent on a 2-bedroom averages $1,064/month, or 15.9% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Iowa. Jump to a metro for precise data:
So what does $106K get you in Iowa?
About financial risk specialists
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What this looks like in Iowa
Financial risk specialists pay in Iowa tracks closely to the national median, $106K locally vs. $117K nationwide, a 10% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,064/month, 16.6% of take-home, well inside the 30% guideline. Regional Price Parity sits at 88.86 (national = 100), meaning everyday costs run about 11% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, Iowa
Entry-level financial risk specialists (10th percentile) start around $71K. Mid-career wages sit at $106K. Top earners bring in $168K or more, a $97K spread from bottom to top.
Financial Risk Specialists salary by metro in Iowa
3 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Des Moines-West Des Moines | $108K | +2% | 350 |
| Davenport-Moline-Rock Island | $92K | -13% | 30 |
| Cedar Rapids | $91K | -13% | 40 |
Compare to other states
Track financial risk specialists salary changes
BLS updates this data quarterly. We'll email you when Iowa numbers change.
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Frequently asked questions
Can a financial risk specialist afford a 2BR apartment alone in Iowa?
Yes — at the median salary of $106K, rent takes 16.6% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,064/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial risk specialists in Iowa?
The 10th-percentile wage — what new financial risk specialists typically earn — is $71K/year. Take-home on that works out to about $4,274/month. At HUD’s $1,064/month FMR, rent would take 25% of that take-home — manageable on an entry-level income.
Is financial risk specialist a high-paying job in Iowa?
Pay here is roughly in line with the national average — $106K locally vs. $117K nationally, a 10% difference.
How does Iowa compare to the national average for financial risk specialists?
Iowa pays $106K median vs. the U.S. average of $117K — that’s -10%. After adjusting for local cost of living (RPP 88.86), the purchasing-power equivalent is $119K — still ahead of the national median.
How much do financial risk specialists make in Iowa?
The median is $105,680 a year, that works out to about $51 an hour. But the range is wide: entry-level workers start around $71,230, and experienced financial risk specialists can clear $167,770. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $106K enough to live in Iowa?
On that salary, you'd take home roughly $6,428/month after taxes. A 2-bedroom here rents for about $1,064/month, which eats 16.6% 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 Iowa?
Iowa has a Regional Price Parity of 88.86 (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 $118,929 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.