Financial Risk Specialists Salary
Financial Risk Specialists in Louisiana make a median of $58,440 a year, or about $28.1 an hour. The range runs from $49K at the entry level to $83K for experienced workers. Cost of living is below average (RPP 87.28), which stretches that salary to about $66,957 in buying power. A 2-bedroom apartment runs $1,191/month, about 31% of take-home, which is tight.
Statewide average. Salary and cost of living vary significantly across Louisiana. Jump to a metro for precise data:
So what does $58K get you in Louisiana?
About financial risk specialists
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What this looks like in Louisiana
Pay for financial risk specialists in Louisiana runs about 50% below the U.S. median of $117K. Rent runs $1,191/month for a 2-bedroom (HUD FMR), taking 30.3% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 87.28 (national = 100), meaning everyday costs run about 13% 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, Louisiana
Entry-level financial risk specialists (10th percentile) start around $49K. Mid-career wages sit at $58K. Top earners bring in $83K or more, a $34K spread from bottom to top.
Financial Risk Specialists salary by metro in Louisiana
4 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Monroe | $63K | +8% | 40 |
| New Orleans-Metairie | $61K | +4% | 150 |
| Baton Rouge | $58K | +0% | 120 |
| Lafayette | $57K | -3% | 50 |
Compare to other states
Track financial risk specialists salary changes
BLS updates this data quarterly. We'll email you when Louisiana numbers change.
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Frequently asked questions
Can a financial risk specialist afford a 2BR apartment alone in Louisiana?
It’s a stretch — at the median salary of $58K, rent takes 30.3% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,191/month. The 30% guideline puts the comfortable ceiling at roughly $1,200/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for financial risk specialists in Louisiana?
The 10th-percentile wage — what new financial risk specialists typically earn — is $49K/year. Take-home on that works out to about $2,920/month. At HUD’s $1,191/month FMR, rent would take 41% 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 Louisiana?
Local pay runs 50% below the national median — $58K here vs. $117K nationally. Cost of living is 13% below the national average, which narrows that gap in real purchasing power.
How does Louisiana compare to the national average for financial risk specialists?
Louisiana pays $58K median vs. the U.S. average of $117K — that’s -50%. After adjusting for local cost of living (RPP 87.28), the purchasing-power equivalent is $67K — below the national median.
How much do financial risk specialists make in Louisiana?
The median is $58,440 a year, that works out to about $28 an hour. But the range is wide: entry-level workers start around $48,660, and experienced financial risk specialists can clear $82,760. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $58K enough to live in Louisiana?
On that salary, you'd take home roughly $3,925/month after taxes. A 2-bedroom here rents for about $1,191/month, which eats 30.3% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a financial risk specialists salary go in Louisiana?
Louisiana has a Regional Price Parity of 87.28 (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 $66,957 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.