Average Financial Risk Specialists Salary in Durham-Chapel Hill, NC
The average salary for a Financial Risk Specialists in Durham-Chapel Hill, NC is $111,060. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $111,060 per year.
- Growth Trend: Salaries have shifted 15.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $161,460.
- Outlook: The current demand for Financial Risk Specialistss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Durham-Chapel Hill, NC economy.
Salary Overview
The average Financial Risk Specialists in Durham-Chapel Hill, NC earns-8.4%below the national average.
$53.4
$2,136
$9,255
Financial Risk Specialists Salary Trends (2020-2024)
Over the past 3 years, Financial Risk Specialists salaries in Durham-Chapel Hill, NC have seen a slight adjustment of -15.0%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Risk Specialists Salary Distribution in Durham-Chapel Hill, NC
The earning potential for Financial Risk Specialistss in Durham-Chapel Hill, NC varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $63,130, while highly experienced professionals can command wages upwards of $161,460.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $63,130 | $30.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $83,295 | $40 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $101,650 | $48.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $138,825 | $66.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $161,460 | $77.6 |
Detailed Financial Risk Specialists Market Analysis
Relocation Context
Nominal Salary
$111,060
Gross Pay
Real Wage (Purchasing Power)
$111,060
Adjusted for COL (100)
In Durham-Chapel Hill, NC, the Cost of Living Index is 100. This increases your effective purchasing power from $111,060 to $111,060.
Job Market Context
50
Total Jobs
0.157
Per 1K Jobs
0.43
Location Quotient
At 0.43x, Durham-Chapel Hill, NC has a notably lower concentration of Financial Risk Specialists jobs than the national average. Opportunities in this area are relatively scarce for this profession.
50 people work as Financial Risk Specialists in Durham-Chapel Hill, NC.
Only 0.157 out of every 1,000 local jobs are Financial Risk Specialists roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Financial Risk Specialists
| City | Salary | Dist. |
|---|---|---|
| Raleigh-Cary, NC Financial Risk Specialists Salary | $105,800↓ 5% | 18 mi |
| Greensboro-High Point, NC Financial Risk Specialists Salary | $105,000↓ 5% | 52 mi |
| Eastern North Carolina nonmetropolitan area Financial Risk Specialists Salary | $90,630↓ 18% | 56 mi |
Comparing salaries near Durham-Chapel Hill, NC
Hiring Financial Risk Specialistss?
Frequently Asked Questions
How much does a Financial Risk Specialists make in Durham-Chapel Hill, NC?
The median annual salary for a Financial Risk Specialists in Durham-Chapel Hill, NC is $111,060. This typically ranges from $63,130 for entry-level positions to $161,460 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Durham-Chapel Hill, NC is 8.4% lower than the national median of $121,220.
Is Durham-Chapel Hill, NC a good place for Financial Risk Specialistss?
It depends on your priorities. While the average Financial Risk Specialists salary in Durham-Chapel Hill, NC is $111,060 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Durham-Chapel Hill, NC. See distinct detailed breakdown below.
Is Durham-Chapel Hill, NC a good place to live for Financial Risk Specialists?
The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Durham-Chapel Hill, NC?
Some top paying nearby cities include Raleigh-Cary, NC ($105,800) and Greensboro-High Point, NC.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Durham-Chapel Hill, NC area with a job density of 0.157 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Financial Risk Specialists • Data source: BLS OEWS 2024 •Jobs in Durham-Chapel Hill, NC