Average Financial Risk Specialists Salary in Orlando-Kissimmee-Sanford, FL
Financial Risk Specialists in the Orlando-Kissimmee-Sanford, FL area earn an average annual salary of $101,550. This figure is notably below the national average of $121,220, suggesting that local market dynamics, such as industry demand and the concentration of financial institutions, play a significant role in compensation levels within this metropolitan region.
Executive Summary
- Average Salary: $101,550 per year.
- Growth Trend: Salaries have shifted 10.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $162,790.
- Outlook: The Orlando-Kissimmee-Sanford metropolitan area supports a specialized workforce of 390 Financial Risk Specialists. With a Location Quotient of 0.77, the concentration of these professionals is slightly below the national average, indicating a moderate but not saturated job market. The presence of 0.281 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, demand for these specialized skills within the local economy.
Salary Overview
The average Financial Risk Specialists in Orlando-Kissimmee-Sanford, FL earns-16.2%below the national average.
$48.8
$1,953
$8,463
Financial Risk Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the field of Financial Risk Specialists has experienced consistent growth over the past four years, driven by increasing regulatory complexity and the evolving financial landscape. This trend likely translates to upward pressure on salaries, even in markets that may be slightly below the national average, as demand for skilled professionals continues to rise.
Financial Risk Specialists Salary Distribution in Orlando-Kissimmee-Sanford, FL
Salary progression for Financial Risk Specialists typically scales significantly with experience. Entry-level positions may start considerably lower than the average, while seasoned professionals with extensive expertise and a proven track record can command salaries well above the $101,550 mark. The percentile gaps between junior and senior roles reflect the substantial career advancement and increased earning potential available within this specialization.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $57,850 | $27.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $76,163 | $36.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $97,110 | $46.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $126,938 | $61 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $162,790 | $78.3 |
Detailed Financial Risk Specialists Market Analysis
Relocation Context
Nominal Salary
$101,550
Gross Pay
Real Wage (Purchasing Power)
$101,550
Adjusted for COL (100)
For Financial Risk Specialists considering a move to Orlando-Kissimmee-Sanford, the average salary of $101,550 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the average salary in this area is equivalent to the national average, offering a stable financial environment for professionals relocating to the region.
Job Market Context
390
Total Jobs
0.281
Per 1K Jobs
0.77
Location Quotient
Orlando-Kissimmee-Sanford, FL has 0.77x the national average concentration of Financial Risk Specialists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.77 for Financial Risk Specialists in Orlando-Kissimmee-Sanford indicates a slightly lower concentration of these roles compared to the national average. This suggests that while the market is not oversaturated, the demand might be less intense than in major financial hubs, presenting both opportunities for those seeking to enter the market and a need for specialists to be competitive.
Nearby Job Markets
Nearby Cities for Financial Risk Specialists
| City | Salary | Dist. |
|---|---|---|
| Lakeland-Winter Haven, FL Financial Risk Specialists Salary | $103,110↑ 2% | 48 mi |
Comparing salaries near Orlando-Kissimmee-Sanford, FL
Hiring Financial Risk Specialistss?
Frequently Asked Questions
How much does a Financial Risk Specialists make in Orlando-Kissimmee-Sanford, FL?
The median annual salary for a Financial Risk Specialists in Orlando-Kissimmee-Sanford, FL is $101,550. This typically ranges from $57,850 for entry-level positions to $162,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Orlando-Kissimmee-Sanford, FL is 16.2% lower than the national median of $121,220.
Is Orlando-Kissimmee-Sanford, FL a lucrative place for Financial Risk Specialists?
No, not as lucrative as the national average.While the average salary of $101,550 is substantial, it falls below the national average of $121,220, indicating less lucrative compensation in this specific metropolitan area.
Is Orlando-Kissimmee-Sanford, FL a good place to live for Financial Risk Specialists?
The Cost of Living Index in Orlando-Kissimmee-Sanford, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Orlando-Kissimmee-Sanford, FL?
Some top paying nearby cities include Lakeland-Winter Haven, FL ($103,110) and others.
How does the Orlando-Kissimmee-Sanford salary compare to the national average?
The average annual salary for Financial Risk Specialists in Orlando-Kissimmee-Sanford is $101,550, which is $19,670 less than the national average of $121,220.
What is the cost of living in Orlando-Kissimmee-Sanford, FL?
The Cost of Living Index for Orlando-Kissimmee-Sanford is 100, which is exactly the national average, meaning the cost of goods and services is neither higher nor lower than the national benchmark.
How concentrated are Financial Risk Specialist jobs in this area?
The concentration of Financial Risk Specialist jobs, measured by the Location Quotient of 0.77, is slightly below the national average, suggesting a moderate presence of these roles in the local job market.
What is the total number of Financial Risk Specialists in the Orlando-Kissimmee-Sanford area?
There are approximately 390 Financial Risk Specialists employed within the Orlando-Kissimmee-Sanford metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the Orlando-Kissimmee-Sanford, FL area with a job density of 0.281 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Financial Risk Specialists Salaries by State
Top Jobs in Orlando-Kissimmee-Sanford, FL
- All Occupations Salary in Orlando-Kissimmee-Sanford, FL
- Office and Administrative Support Occupations Salary in Orlando-Kissimmee-Sanford, FL
- Food Preparation and Serving Related Occupations Salary in Orlando-Kissimmee-Sanford, FL
- Sales and Related Occupations Salary in Orlando-Kissimmee-Sanford, FL
- Transportation and Material Moving Occupations Salary in Orlando-Kissimmee-Sanford, FL
- Management Occupations Salary in Orlando-Kissimmee-Sanford, FL
- Business and Financial Operations Occupations Salary in Orlando-Kissimmee-Sanford, FL
- Healthcare Practitioners and Technical Occupations Salary in Orlando-Kissimmee-Sanford, FL
- Construction and Extraction Occupations Salary in Orlando-Kissimmee-Sanford, FL
- Educational Instruction and Library Occupations Salary in Orlando-Kissimmee-Sanford, FL
- Browse All Jobs in Orlando-Kissimmee-Sanford, FL →
Semantic Salary Analysis for Financial Risk Specialists • Data source: BLS OEWS 2024 •Jobs in Orlando-Kissimmee-Sanford, FL