Average Financial Risk Specialists Salary in Wichita, KS
The average salary for Financial Risk Specialistss in Wichita, KS is $94,820. While this is lower than the national average, the cost of living in Wichita, KS may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $94,820 per year.
- Growth Trend: Salaries have shifted 3.2% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $139,580.
- 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 Wichita, KS economy.
Salary Overview
The average Financial Risk Specialists in Wichita, KS earns-21.8%below the national average.
$45.6
$1,823
$7,902
Financial Risk Specialists Salary Trends (2020-2024)
Over the past 2 years, Financial Risk Specialists salaries in Wichita, KS have seen a slight adjustment of -3.2%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Risk Specialists Salary Distribution in Wichita, KS
The earning potential for Financial Risk Specialistss in Wichita, KS varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $48,960, while highly experienced professionals can command wages upwards of $139,580.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,960 | $23.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $71,115 | $34.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $95,450 | $45.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $118,525 | $57 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $139,580 | $67.1 |
Detailed Financial Risk Specialists Market Analysis
Relocation Context
Nominal Salary
$94,820
Gross Pay
Real Wage (Purchasing Power)
$94,820
Adjusted for COL (100)
In Wichita, KS, the Cost of Living Index is 100. This increases your effective purchasing power from $94,820 to $94,820.
Job Market Context
30
Total Jobs
0.101
Per 1K Jobs
0.28
Location Quotient
At 0.28x, Wichita, KS has a notably lower concentration of Financial Risk Specialists jobs than the national average. Opportunities in this area are relatively scarce for this profession.
30 people work as Financial Risk Specialists in Wichita, KS.
Only 0.101 out of every 1,000 local jobs are Financial Risk Specialists roles — this is a niche profession in the area.
Nearby Job Markets
Hiring Financial Risk Specialistss?
Frequently Asked Questions
How much does a Financial Risk Specialists make in Wichita, KS?
The median annual salary for a Financial Risk Specialists in Wichita, KS is $94,820. This typically ranges from $48,960 for entry-level positions to $139,580 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wichita, KS is 21.8% lower than the national median of $121,220.
Is Wichita, KS a good place for Financial Risk Specialistss?
It depends on your priorities. While the average Financial Risk Specialists salary in Wichita, KS is $94,820 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Wichita, KS. See distinct detailed breakdown below.
Is Wichita, KS a good place to live for Financial Risk Specialists?
The Cost of Living Index in Wichita, KS is 100. While higher than average, this often correlates with higher wages.
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 Wichita, KS area with a job density of 0.101 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 Wichita, KS
- All Occupations Salary in Wichita, KS
- Office and Administrative Support Occupations Salary in Wichita, KS
- Production Occupations Salary in Wichita, KS
- Food Preparation and Serving Related Occupations Salary in Wichita, KS
- Sales and Related Occupations Salary in Wichita, KS
- Transportation and Material Moving Occupations Salary in Wichita, KS
- Healthcare Practitioners and Technical Occupations Salary in Wichita, KS
- Business and Financial Operations Occupations Salary in Wichita, KS
- Educational Instruction and Library Occupations Salary in Wichita, KS
- Management Occupations Salary in Wichita, KS
- Browse All Jobs in Wichita, KS →
Semantic Salary Analysis for Financial Risk Specialists • Data source: BLS OEWS 2024 •Jobs in Wichita, KS