Financial Risk Specialists Salary
Financial Risk Specialists in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD make a median of $130,880 a year, or about $62.93 an hour. The range runs from $74K at the entry level to $187K for experienced workers. Adjusted for local prices (RPP 102.55), that's roughly $127,626 in purchasing power. Rent on a 2-bedroom averages $1,810/month, or 22.3% of estimated take-home pay.
So what does $131K get you in Philadelphia-Camden-Wilmington?
Groceries, utilities, transportation, and healthcare scaled from national averages by Philadelphia-Camden-Wilmington’s Regional Price Parity (102.55). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About financial risk specialists
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What this looks like in Philadelphia-Camden-Wilmington
Philadelphia-Camden-Wilmington sits well above the national pay line for financial risk specialists, local pay runs about 12% higher than the U.S. median of $117K. Housing is manageable: a 2-bedroom at the HUD median costs $1,810/month, 22.6% of take-home, well inside the 30% guideline. Cost of living (RPP 102.55) is near the national average, so spending patterns here track the typical American budget fairly closely. Combined with manageable housing costs, Philadelphia-Camden-Wilmington offers a genuinely strong financial position for financial risk specialistss at the median.
Compared to nearby metros
Median pay for financial risk specialists in metros near Philadelphia-Camden-Wilmington, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Pittsburgh | $100K | $105K |
| Harrisburg-Carlisle | $97K | $99K |
| Allentown-Bethlehem-Easton | $103K | $103K |
| Lancaster | $103K | $104K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
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 $131K. Top earners bring in $187K or more, a $114K spread from bottom to top.
Financial Risk Specialists pay across states
Median income ranked highest to lowest, compared to the national figure
View Financial Risk Specialists salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New Hampshire | $158K | +35% | 300 |
| Maine | $141K | +20% | N/A |
| Delaware | $139K | +19% | 1,160 |
| New York | $137K | +17% | 12,060 |
| North Carolina | $132K | +13% | 3,200 |
| Massachusetts | $130K | +11% | 1,440 |
| New Jersey | $129K | +10% | 2,760 |
| California | $129K | +10% | 5,740 |
| Virginia | $127K | +8% | 1,770 |
| Washington | $123K | +5% | 900 |
| Colorado | $120K | +3% | 1,050 |
| Wyoming | $120K | +2% | 170 |
| Maryland | $117K | -0% | 890 |
| Connecticut | $114K | -3% | 660 |
| Oregon | $110K | -7% | 430 |
| Iowa | $106K | -10% | 530 |
| Minnesota | $105K | -10% | 1,190 |
| Rhode Island | $104K | -11% | 450 |
| Illinois | $104K | -11% | 2,920 |
| Michigan | $104K | -11% | 1,150 |
| Texas | $104K | -12% | 4,780 |
| Pennsylvania | $103K | -12% | 2,370 |
| Arizona | $103K | -12% | 1,700 |
| Montana | $101K | -14% | 50 |
| Missouri | $101K | -14% | 1,070 |
| Georgia | $101K | -14% | 2,180 |
| Nevada | $100K | -15% | 570 |
| Florida | $100K | -15% | 3,770 |
| South Carolina | $100K | -15% | 560 |
| Indiana | $99K | -15% | 380 |
| District of Columbia | $99K | -15% | 210 |
| Ohio | $99K | -16% | 2,110 |
| Wisconsin | $98K | -17% | 610 |
| Mississippi | $96K | -18% | 230 |
| West Virginia | $94K | -20% | 50 |
| Nebraska | $94K | -20% | 250 |
| Tennessee | $91K | -22% | 540 |
| Hawaii | $90K | -23% | 90 |
| New Mexico | $87K | -26% | 180 |
| Alaska | $85K | -27% | 50 |
| Oklahoma | $85K | -27% | 330 |
| Kansas | $85K | -28% | 150 |
| Alabama | $82K | -30% | 180 |
| South Dakota | $79K | -33% | 130 |
| Utah | $78K | -34% | 630 |
| Idaho | $77K | -34% | 270 |
| Kentucky | $75K | -36% | 500 |
| North Dakota | $75K | -36% | 90 |
| Arkansas | $66K | -44% | 150 |
| Louisiana | $58K | -50% | 520 |
Showing 1–10 of 50 states with published data
BLS does not publish data for every state when sample sizes are too small
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
Can a financial risk specialist afford a 2BR apartment alone in Philadelphia-Camden-Wilmington?
Yes — at the median salary of $131K, rent takes 22.6% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,810/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial risk specialists in Philadelphia-Camden-Wilmington?
The 10th-percentile wage — what new financial risk specialists typically earn — is $74K/year. Take-home on that works out to about $4,415/month. At HUD’s $1,810/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 Philadelphia-Camden-Wilmington?
Local pay is 12% above the national median — $131K here vs. $117K nationally.
How does Philadelphia-Camden-Wilmington compare to the national average for financial risk specialists?
Philadelphia-Camden-Wilmington pays $131K median vs. the U.S. average of $117K — that’s +12%. After adjusting for local cost of living (RPP 102.55), the purchasing-power equivalent is $128K — still ahead of the national median.
How much do financial risk specialists make in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?
The median is $130,880 a year, that works out to about $63 an hour. But the range is wide: entry-level workers start around $73,590, and experienced financial risk specialists can clear $187,140. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $131K enough to live in Philadelphia-Camden-Wilmington?
On that salary, you'd take home roughly $8,016/month after taxes. A 2-bedroom here rents for about $1,810/month, which eats 22.6% 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 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 $127,626 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.