Financial Risk Specialists Salary
Financial Risk Specialists in Trenton-Princeton, NJ make a median of $124,340 a year, or about $59.78 an hour. The range runs from $86K at the entry level to $200K for experienced workers. Adjusted for local prices (RPP 103.18), that's roughly $120,508 in purchasing power. Rent on a 2-bedroom averages $1,950/month, or 26.6% of estimated take-home pay.
So what does $124K get you in Trenton-Princeton?
Groceries, utilities, transportation, and healthcare scaled from national averages by Trenton-Princeton’s Regional Price Parity (103.18). 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 Trenton-Princeton
Financial risk specialists pay in Trenton-Princeton tracks closely to the national median, $124K locally vs. $117K nationwide, a 6% difference. Rent runs $1,950/month for a 2-bedroom (HUD FMR), taking 26% of the median take-home. That's within the 30% rule, though not by much. Cost of living (RPP 103.18) is near the national average, so spending patterns here track the typical American budget fairly closely. Pay and costs are both near average, leaving limited margin for savings at the median wage.
Compared to nearby metros
Median pay for financial risk specialists in metros near Trenton-Princeton, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Atlantic City-Hammonton | $79K | $80K |
| New York-Newark-Jersey City | $140K | $124K |
| Philadelphia-Camden-Wilmington | $131K | $128K |
| Pittsburgh | $100K | $105K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Trenton-Princeton, NJ
Entry-level financial risk specialists (10th percentile) start around $86K. Mid-career wages sit at $124K. Top earners bring in $200K 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 Trenton-Princeton numbers change.
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Frequently asked questions
Can a financial risk specialist afford a 2BR apartment alone in Trenton-Princeton?
Yes — at the median salary of $124K, rent takes 26% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,950/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial risk specialists in Trenton-Princeton?
The 10th-percentile wage — what new financial risk specialists typically earn — is $86K/year. Take-home on that works out to about $5,172/month. At HUD’s $1,950/month FMR, rent would take 38% 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 Trenton-Princeton?
Pay here is roughly in line with the national average — $124K locally vs. $117K nationally, a 6% difference.
How does Trenton-Princeton compare to the national average for financial risk specialists?
Trenton-Princeton pays $124K median vs. the U.S. average of $117K — that’s +6%. After adjusting for local cost of living (RPP 103.18), the purchasing-power equivalent is $121K — still ahead of the national median.
How much do financial risk specialists make in Trenton-Princeton, NJ?
The median is $124,340 a year, that works out to about $60 an hour. But the range is wide: entry-level workers start around $86,200, and experienced financial risk specialists can clear $199,850. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $124K enough to live in Trenton-Princeton?
On that salary, you'd take home roughly $7,495/month after taxes. A 2-bedroom here rents for about $1,950/month, which eats 26% 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 Trenton-Princeton?
Trenton-Princeton has a Regional Price Parity of 103.18 (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 $120,508 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.