Financial Risk Specialists Salary in New York-Newark-Jersey City, NY-NJ
Financial Risk Specialists in New York-Newark-Jersey City, NY-NJ make a median of $141,960 a year, or about $68.25 an hour. The range runs from $87K at the entry level to $222K for experienced workers. Prices run high here (RPP 112.56), so that salary is closer to $126,119 in real purchasing power. A 2-bedroom apartment runs $2,910/month — about 34.7% of take-home, which is tight.
AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)
So what does $142K get you in New York-Newark-Jersey City?
About financial risk specialists
Compensation breakdown
Annual earnings by percentile, New York-Newark-Jersey City, NY-NJ
Entry-level financial risk specialists (10th percentile) start around $87K. Mid-career wages sit at $142K.Top earners bring in $222K or more - a $136K 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 New York-Newark-Jersey City numbers change.
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Frequently asked questions
How much do financial risk specialists make in New York-Newark-Jersey City, NY-NJ?
The median is $141,960 a year - that works out to about $68.25 an hour. The range is wide: entry-level workers start around $86,680, and experienced financial risk specialists can clear $222,390. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $142K enough to live in New York-Newark-Jersey City?
On that salary, you'd take home roughly $8,360/month after taxes. A 2-bedroom here rents for about $2,910/month (HUD Fair Market Rent), which eats 34.8% 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 New York-Newark-Jersey City?
New York-Newark-Jersey City has a Regional Price Parity of 112.56 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median financial risk specialists salary is worth about $126,119 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.