Financial Risk Specialists Salary
Financial Risk Specialists in Virginia make a median of $126,510 a year, or about $60.82 an hour. The range runs from $77K at the entry level to $192K for experienced workers. Cost of living is below average (RPP 94.79), which stretches that salary to about $133,463 in buying power. Rent on a 2-bedroom averages $1,646/month, or 21.4% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Virginia. Jump to a metro for precise data:
So what does $127K get you in Virginia?
About financial risk specialists
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What this looks like in Virginia
Financial risk specialists pay in Virginia tracks closely to the national median, $127K locally vs. $117K nationwide, a 8% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,646/month, 21.8% of take-home, well inside the 30% guideline. Regional Price Parity sits at 94.79 (national = 100), meaning everyday costs run about 5% 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, Virginia
Entry-level financial risk specialists (10th percentile) start around $77K. Mid-career wages sit at $127K. Top earners bring in $192K or more, a $115K spread from bottom to top.
Financial Risk Specialists salary by metro in Virginia
2 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Richmond | $105K | -17% | 380 |
| Virginia Beach-Chesapeake-Norfolk | $94K | -26% | 120 |
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Track financial risk specialists salary changes
BLS updates this data quarterly. We'll email you when Virginia numbers change.
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Frequently asked questions
Can a financial risk specialist afford a 2BR apartment alone in Virginia?
Yes — at the median salary of $127K, rent takes 21.8% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,646/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial risk specialists in Virginia?
The 10th-percentile wage — what new financial risk specialists typically earn — is $77K/year. Take-home on that works out to about $4,625/month. At HUD’s $1,646/month FMR, rent would take 36% 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 Virginia?
Pay here is roughly in line with the national average — $127K locally vs. $117K nationally, a 8% difference.
How does Virginia compare to the national average for financial risk specialists?
Virginia pays $127K median vs. the U.S. average of $117K — that’s +8%. After adjusting for local cost of living (RPP 94.79), the purchasing-power equivalent is $133K — still ahead of the national median.
How much do financial risk specialists make in Virginia?
The median is $126,510 a year, that works out to about $61 an hour. But the range is wide: entry-level workers start around $77,080, and experienced financial risk specialists can clear $191,720. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $127K enough to live in Virginia?
On that salary, you'd take home roughly $7,539/month after taxes. A 2-bedroom here rents for about $1,646/month, which eats 21.8% 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 Virginia?
Virginia has a Regional Price Parity of 94.79 (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 $133,463 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.