Average Financial Risk Specialists Salary in Waterbury-Shelton, CT
Yes, Waterbury-Shelton, CT is a highly lucrative market for Financial Risk Specialistss. With an average annual salary of $135,550, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $135,550 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $203,325.
- 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 Waterbury-Shelton, CT economy.
Salary Overview
The average Financial Risk Specialists in Waterbury-Shelton, CT earns+11.8%above the national average.
$65.2
$2,607
$11,296
Financial Risk Specialists Salary Trends (2020-2024)
Historical trend data for Financial Risk Specialists in Waterbury-Shelton, CT is limited, but current market signals indicate a stable demand environment.
Financial Risk Specialists Salary Distribution in Waterbury-Shelton, CT
The earning potential for Financial Risk Specialistss in Waterbury-Shelton, CT varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.0x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $68,740, while highly experienced professionals can command wages upwards of $203,325.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $68,740 | $33 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $101,663 | $48.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $119,340 | $57.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $169,438 | $81.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $203,325 | $97.8 |
Detailed Financial Risk Specialists Market Analysis
Relocation Context
Nominal Salary
$135,550
Gross Pay
Real Wage (Purchasing Power)
$135,550
Adjusted for COL (100)
In Waterbury-Shelton, CT, the Cost of Living Index is 100. This increases your effective purchasing power from $135,550 to $135,550.
Job Market Context
30
Total Jobs
0.217
Per 1K Jobs
0.6
Location Quotient
Waterbury-Shelton, CT has 0.60x 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 Waterbury-Shelton, CT.
Only 0.217 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. |
|---|---|---|
| New Haven, CT Financial Risk Specialists Salary | $135,170↓ 0% | 18 mi |
| Hartford-West Hartford-East Hartford, CT Financial Risk Specialists Salary | $113,350↓ 16% | 23 mi |
| Bridgeport-Stamford-Danbury, CT Financial Risk Specialists Salary | $147,180↑ 9% | 27 mi |
Comparing salaries near Waterbury-Shelton, CT
Hiring Financial Risk Specialistss?
Frequently Asked Questions
How much does a Financial Risk Specialists make in Waterbury-Shelton, CT?
The median annual salary for a Financial Risk Specialists in Waterbury-Shelton, CT is $135,550. This typically ranges from $68,740 for entry-level positions to $203,325 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waterbury-Shelton, CT is 11.8% higher than the national median of $121,220.
Is Waterbury-Shelton, CT a good place for Financial Risk Specialistss?
Yes, Waterbury-Shelton, CT is financially attractive for Financial Risk Specialistss. The average salary of $135,550 exceeds the national average. See distinct detailed breakdown below.
Is Waterbury-Shelton, CT a good place to live for Financial Risk Specialists?
The Cost of Living Index in Waterbury-Shelton, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waterbury-Shelton, CT?
Some top paying nearby cities include New Haven, CT ($135,170) and Hartford-West Hartford-East Hartford, CT.
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 Waterbury-Shelton, CT area with a job density of 0.217 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 Waterbury-Shelton, CT