Financial Risk Specialists Salary
Financial Risk Specialists in Washington make a median of $123,150 a year, or about $59.21 an hour. The range runs from $64K at the entry level to $185K for experienced workers. Adjusted for local prices (RPP 102.01), that's roughly $120,723 in purchasing power. Rent on a 2-bedroom averages $1,830/month, or 23.1% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Washington. Jump to a metro for precise data:
So what does $123K get you in Washington?
About financial risk specialists
Sponsored links, AffordMap may earn a commission at no cost to you. Learn more
What this looks like in Washington
Financial risk specialists pay in Washington tracks closely to the national median, $123K locally vs. $117K nationwide, a 5% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,830/month, 23.1% of take-home, well inside the 30% guideline. Cost of living (RPP 102.01) is near the national average, so spending patterns here track the typical American budget fairly closely. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, Washington
Entry-level financial risk specialists (10th percentile) start around $64K. Mid-career wages sit at $123K. Top earners bring in $185K or more, a $121K spread from bottom to top.
Financial Risk Specialists salary by metro in Washington
2 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Seattle-Tacoma-Bellevue | $134K | +9% | 550 |
| Spokane-Spokane Valley | $109K | -12% | 70 |
Compare to other states
Track financial risk specialists salary changes
BLS updates this data quarterly. We'll email you when Washington numbers change.
Related careers in Business & Finance
Frequently asked questions
Can a financial risk specialist afford a 2BR apartment alone in Washington?
Yes — at the median salary of $123K, rent takes 23.1% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,830/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial risk specialists in Washington?
The 10th-percentile wage — what new financial risk specialists typically earn — is $64K/year. Take-home on that works out to about $3,847/month. At HUD’s $1,830/month FMR, rent would take 48% 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 Washington?
Pay here is roughly in line with the national average — $123K locally vs. $117K nationally, a 5% difference.
How does Washington compare to the national average for financial risk specialists?
Washington pays $123K median vs. the U.S. average of $117K — that’s +5%. After adjusting for local cost of living (RPP 102.01), the purchasing-power equivalent is $121K — still ahead of the national median.
How much do financial risk specialists make in Washington?
The median is $123,150 a year, that works out to about $59 an hour. But the range is wide: entry-level workers start around $64,120, and experienced financial risk specialists can clear $184,630. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $123K enough to live in Washington?
On that salary, you'd take home roughly $7,911/month after taxes. A 2-bedroom here rents for about $1,830/month, which eats 23.1% 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 Washington?
Washington has a Regional Price Parity of 102.01 (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 $120,723 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.