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Average Financial Risk Specialists Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY

The average salary for a Financial Risk Specialists in Kiryas Joel-Poughkeepsie-Newburgh, NY is $120,080. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $120,080 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $168,150.
  • Outlook: The current demand for Financial Risk Specialistss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Kiryas Joel-Poughkeepsie-Newburgh, NY economy.
2024 Market Data

Salary Overview

$120,080

The average Financial Risk Specialists in Kiryas Joel-Poughkeepsie-Newburgh, NY earns-0.9%below the national average.

BreakdownBased on 40h/week
Hourly

$57.7

Weekly

$2,309

Monthly

$10,007

Financial Risk Specialists Salary Distribution in Kiryas Joel-Poughkeepsie-Newburgh, NY

The earning potential for Financial Risk Specialistss in Kiryas Joel-Poughkeepsie-Newburgh, NY 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 $65,610, while highly experienced professionals can command wages upwards of $168,150.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$65,610$31.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$90,060$43.3
ManagerOversees team, compliance, and project delivery.50% (Median)$125,520$60.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$150,100$72.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$168,150$80.8

Detailed Financial Risk Specialists Market Analysis

Relocation Context

Nominal Salary

$120,080

Gross Pay

Real Wage (Purchasing Power)

$120,080

Adjusted for COL (100)

In Kiryas Joel-Poughkeepsie-Newburgh, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $120,080 to $120,080.

Job Market Context

40

Total Jobs

0.166

Per 1K Jobs

0.46

Location Quotient

Low Concentration

At 0.46x, Kiryas Joel-Poughkeepsie-Newburgh, NY has a notably lower concentration of Financial Risk Specialists jobs than the national average. Opportunities in this area are relatively scarce for this profession.

40 people work as Financial Risk Specialists in Kiryas Joel-Poughkeepsie-Newburgh, NY.

Only 0.166 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

CitySalaryDist.
New York-Newark-Jersey City, NY-NJ Financial Risk Specialists Salary$157,880↑ 31%44 mi
Bridgeport-Stamford-Danbury, CT Financial Risk Specialists Salary$147,180↑ 23%51 mi
Waterbury-Shelton, CT Financial Risk Specialists Salary$135,550↑ 13%60 mi
New Haven, CT Financial Risk Specialists Salary$135,170↑ 13%64 mi

Comparing salaries near Kiryas Joel-Poughkeepsie-Newburgh, NY

Hiring Financial Risk Specialistss?

Frequently Asked Questions

How much does a Financial Risk Specialists make in Kiryas Joel-Poughkeepsie-Newburgh, NY?

The median annual salary for a Financial Risk Specialists in Kiryas Joel-Poughkeepsie-Newburgh, NY is $120,080. This typically ranges from $65,610 for entry-level positions to $168,150 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Kiryas Joel-Poughkeepsie-Newburgh, NY is 0.9% lower than the national median of $121,220.

Is Kiryas Joel-Poughkeepsie-Newburgh, NY a good place for Financial Risk Specialistss?

It depends on your priorities. While the average Financial Risk Specialists salary in Kiryas Joel-Poughkeepsie-Newburgh, NY is $120,080 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Kiryas Joel-Poughkeepsie-Newburgh, NY. See distinct detailed breakdown below.

Is Kiryas Joel-Poughkeepsie-Newburgh, NY a good place to live for Financial Risk Specialists?

The Cost of Living Index in Kiryas Joel-Poughkeepsie-Newburgh, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Kiryas Joel-Poughkeepsie-Newburgh, NY?

Some top paying nearby cities include New York-Newark-Jersey City, NY-NJ ($157,880) and Bridgeport-Stamford-Danbury, CT.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40 employees in the Kiryas Joel-Poughkeepsie-Newburgh, NY area with a job density of 0.166 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Kiryas Joel-Poughkeepsie-Newburgh, NY

Semantic Salary Analysis for Financial Risk Specialists • Data source: BLS OEWS 2024 •Jobs in Kiryas Joel-Poughkeepsie-Newburgh, NY