SalaryNode

Average Financial Risk Specialists Salary in Sussex Delaware nonmetropolitan area

The average salary for Financial Risk Specialistss in Sussex Delaware nonmetropolitan area is $107,160. While this is lower than the national average, the cost of living in Sussex Delaware nonmetropolitan area may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $107,160 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $167,920.
  • Outlook: The current demand for Financial Risk Specialistss is stable, with a local workforce of approximately 30 professionals. This role remains a specialized component of the broader Sussex Delaware nonmetropolitan area economy.
2024 Market Data

Salary Overview

$107,160

The average Financial Risk Specialists in Sussex Delaware nonmetropolitan area earns-11.6%below the national average.

BreakdownBased on 40h/week
Hourly

$51.5

Weekly

$2,061

Monthly

$8,930

Financial Risk Specialists Salary Distribution in Sussex Delaware nonmetropolitan area

The earning potential for Financial Risk Specialistss in Sussex Delaware nonmetropolitan area 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 $68,420, while highly experienced professionals can command wages upwards of $167,920.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$68,420$32.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$80,370$38.6
ManagerOversees team, compliance, and project delivery.50% (Median)$102,010$49
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$133,950$64.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$167,920$80.7

Detailed Financial Risk Specialists Market Analysis

Relocation Context

Nominal Salary

$107,160

Gross Pay

Real Wage (Purchasing Power)

$107,160

Adjusted for COL (100)

In Sussex Delaware nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $107,160 to $107,160.

Job Market Context

30

Total Jobs

0.359

Per 1K Jobs

0.98

Location Quotient

Below Average

Sussex Delaware nonmetropolitan area has 0.98x 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.

30 people work as Financial Risk Specialists in Sussex Delaware nonmetropolitan area.

Only 0.359 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 Sussex Delaware nonmetropolitan area

Hiring Financial Risk Specialistss?

Frequently Asked Questions

How much does a Financial Risk Specialists make in Sussex Delaware nonmetropolitan area?

The median annual salary for a Financial Risk Specialists in Sussex Delaware nonmetropolitan area is $107,160. This typically ranges from $68,420 for entry-level positions to $167,920 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Sussex Delaware nonmetropolitan area is 11.6% lower than the national median of $121,220.

Is Sussex Delaware nonmetropolitan area a good place for Financial Risk Specialistss?

It depends on your priorities. While the average Financial Risk Specialists salary in Sussex Delaware nonmetropolitan area is $107,160 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Sussex Delaware nonmetropolitan area. See distinct detailed breakdown below.

Is Sussex Delaware nonmetropolitan area a good place to live for Financial Risk Specialists?

The Cost of Living Index in Sussex Delaware nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Sussex Delaware nonmetropolitan area?

Some top paying nearby cities include Dover, DE ($103,930) and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 30 employees in the Sussex Delaware nonmetropolitan area area with a job density of 0.359 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.