Financial Risk Specialists Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Financial Risk Specialists in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD make a median of $123,450 a year, or about $59.35 an hour. The range runs from $74K at the entry level to $174K for experienced workers. Adjusted for local prices (RPP 102.55), that's roughly $120,380 in purchasing power. Rent on a 2-bedroom averages $1,810/month, or 23.7% of estimated take-home pay.
AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)
So what does $123K get you in Philadelphia-Camden-Wilmington?
About financial risk specialists
Compensation breakdown
Annual earnings by percentile, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Entry-level financial risk specialists (10th percentile) start around $74K. Mid-career wages sit at $123K.Top earners bring in $174K or more - a $100K 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 Philadelphia-Camden-Wilmington numbers change.
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Frequently asked questions
How much do financial risk specialists make in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?
The median is $123,450 a year - that works out to about $59.35 an hour. The range is wide: entry-level workers start around $74,490, and experienced financial risk specialists can clear $174,070. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $123K enough to live in Philadelphia-Camden-Wilmington?
On that salary, you'd take home roughly $7,612/month after taxes. A 2-bedroom here rents for about $1,810/month (HUD Fair Market Rent), which eats 23.8% 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 Philadelphia-Camden-Wilmington?
Philadelphia-Camden-Wilmington has a Regional Price Parity of 102.55 (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 $120,380 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.