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Average Financial Risk Specialists Salary in Lancaster, PA

The average salary for Financial Risk Specialistss in Lancaster, PA is $102,150. While this is lower than the national average, the cost of living in Lancaster, PA may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $102,150 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $165,820.
  • 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 Lancaster, PA economy.
2024 Market Data

Salary Overview

$102,150

The average Financial Risk Specialists in Lancaster, PA earns-15.7%below the national average.

BreakdownBased on 40h/week
Hourly

$49.1

Weekly

$1,964

Monthly

$8,513

Financial Risk Specialists Salary Distribution in Lancaster, PA

The earning potential for Financial Risk Specialistss in Lancaster, PA varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $67,000, while highly experienced professionals can command wages upwards of $165,820.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$67,000$32.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$76,613$36.8
ManagerOversees team, compliance, and project delivery.50% (Median)$99,740$48
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$127,688$61.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$165,820$79.7

Detailed Financial Risk Specialists Market Analysis

Relocation Context

Nominal Salary

$102,150

Gross Pay

Real Wage (Purchasing Power)

$102,150

Adjusted for COL (100)

In Lancaster, PA, the Cost of Living Index is 100. This increases your effective purchasing power from $102,150 to $102,150.

Job Market Context

40

Total Jobs

0.176

Per 1K Jobs

0.48

Location Quotient

Low Concentration

At 0.48x, Lancaster, PA 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 Lancaster, PA.

Only 0.176 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

Comparing salaries near Lancaster, PA

Hiring Financial Risk Specialistss?

Frequently Asked Questions

How much does a Financial Risk Specialists make in Lancaster, PA?

The median annual salary for a Financial Risk Specialists in Lancaster, PA is $102,150. This typically ranges from $67,000 for entry-level positions to $165,820 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lancaster, PA is 15.7% lower than the national median of $121,220.

Is Lancaster, PA a good place for Financial Risk Specialistss?

It depends on your priorities. While the average Financial Risk Specialists salary in Lancaster, PA is $102,150 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Lancaster, PA. See distinct detailed breakdown below.

Is Lancaster, PA a good place to live for Financial Risk Specialists?

The Cost of Living Index in Lancaster, PA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lancaster, PA?

Some top paying nearby cities include Harrisburg-Carlisle, PA ($103,410) and others.

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 Lancaster, PA area with a job density of 0.176 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.