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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.
2024 Market Data

Salary Overview

$135,550

The average Financial Risk Specialists in Waterbury-Shelton, CT earns+11.8%above the national average.

BreakdownBased on 40h/week
Hourly

$65.2

Weekly

$2,607

Monthly

$11,296

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 LevelMarket PercentileAnnual WageHourly 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

Below Average

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

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.