Average Financial Risk Specialists Salary in Trenton-Princeton, NJ
The average salary for a Financial Risk Specialists in Trenton-Princeton, NJ is $120,520. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $120,520 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $159,010.
- Outlook: The current demand for Financial Risk Specialistss is stable, with a local workforce of approximately 100 professionals. This role remains a specialized component of the broader Trenton-Princeton, NJ economy.
Salary Overview
The average Financial Risk Specialists in Trenton-Princeton, NJ earns-0.6%below the national average.
$57.9
$2,318
$10,043
Financial Risk Specialists Salary Trends (2020-2024)
Historical trend data for Financial Risk Specialists in Trenton-Princeton, NJ is limited, but current market signals indicate a stable demand environment.
Financial Risk Specialists Salary Distribution in Trenton-Princeton, NJ
The earning potential for Financial Risk Specialistss in Trenton-Princeton, NJ 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 $76,040, while highly experienced professionals can command wages upwards of $159,010.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $76,040 | $36.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $90,390 | $43.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $119,070 | $57.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $150,650 | $72.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $159,010 | $76.4 |
Detailed Financial Risk Specialists Market Analysis
Relocation Context
Nominal Salary
$120,520
Gross Pay
Real Wage (Purchasing Power)
$120,520
Adjusted for COL (100)
In Trenton-Princeton, NJ, the Cost of Living Index is 100. This increases your effective purchasing power from $120,520 to $120,520.
Job Market Context
100
Total Jobs
0.406
Per 1K Jobs
1.11
Location Quotient
With a location quotient of 1.11, Trenton-Princeton, NJ has a slightly higher-than-average concentration of Financial Risk Specialists roles compared to the national norm.
100 people work as Financial Risk Specialists in Trenton-Princeton, NJ.
Only 0.406 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. |
|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Financial Risk Specialists Salary | $123,470↑ 2% | 28 mi |
| Allentown-Bethlehem-Easton, PA-NJ Financial Risk Specialists Salary | $102,480↓ 15% | 45 mi |
| New York-Newark-Jersey City, NY-NJ Financial Risk Specialists Salary | $157,880↑ 31% | 52 mi |
| Atlantic City-Hammonton, NJ Financial Risk Specialists Salary | $84,210↓ 30% | 61 mi |
Comparing salaries near Trenton-Princeton, NJ
Hiring Financial Risk Specialistss?
Frequently Asked Questions
How much does a Financial Risk Specialists make in Trenton-Princeton, NJ?
The median annual salary for a Financial Risk Specialists in Trenton-Princeton, NJ is $120,520. This typically ranges from $76,040 for entry-level positions to $159,010 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Trenton-Princeton, NJ is 0.6% lower than the national median of $121,220.
Is Trenton-Princeton, NJ a good place for Financial Risk Specialistss?
It depends on your priorities. While the average Financial Risk Specialists salary in Trenton-Princeton, NJ is $120,520 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Trenton-Princeton, NJ. See distinct detailed breakdown below.
Is Trenton-Princeton, NJ a good place to live for Financial Risk Specialists?
The Cost of Living Index in Trenton-Princeton, NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Trenton-Princeton, NJ?
Some top paying nearby cities include Philadelphia-Camden-Wilmington, PA-NJ-DE-MD ($123,470) and Allentown-Bethlehem-Easton, PA-NJ.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 100 employees in the Trenton-Princeton, NJ area with a job density of 0.406 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 Trenton-Princeton, NJ