Average Financial Risk Specialists Salary in Winston-Salem, NC
The average salary for a Financial Risk Specialists in Winston-Salem, NC is $110,700. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Winston-Salem, NC is a key hub for this profession, with a job concentration 1.58x higher than average.
Executive Summary
- Average Salary: $110,700 per year.
- Growth Trend: Salaries have shifted 11.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $165,380.
- Outlook: The current demand for Financial Risk Specialistss is stable, with a local workforce of approximately 160 professionals. This role remains a specialized component of the broader Winston-Salem, NC economy.
Salary Overview
The average Financial Risk Specialists in Winston-Salem, NC earns-8.7%below the national average.
$53.2
$2,129
$9,225
Financial Risk Specialists Salary Trends (2020-2024)
Over the past 3 years, Financial Risk Specialists salaries in Winston-Salem, NC have shown healthy growth of 11.5%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Risk Specialists Salary Distribution in Winston-Salem, NC
The earning potential for Financial Risk Specialistss in Winston-Salem, NC varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $60,620, while highly experienced professionals can command wages upwards of $165,380.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $60,620 | $29.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $83,025 | $39.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $99,100 | $47.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $138,375 | $66.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $165,380 | $79.5 |
Detailed Financial Risk Specialists Market Analysis
Relocation Context
Nominal Salary
$110,700
Gross Pay
Real Wage (Purchasing Power)
$110,700
Adjusted for COL (100)
In Winston-Salem, NC, the Cost of Living Index is 100. This increases your effective purchasing power from $110,700 to $110,700.
Job Market Context
160
Total Jobs
0.577
Per 1K Jobs
1.58
Location Quotient
Winston-Salem, NC has 1.6x the national concentration of Financial Risk Specialists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
160 people work as Financial Risk Specialists in Winston-Salem, NC.
Only 0.577 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. |
|---|---|---|
| Greensboro-High Point, NC Financial Risk Specialists Salary | $105,000↓ 5% | 23 mi |
| Eastern North Carolina nonmetropolitan area Financial Risk Specialists Salary | $90,630↓ 18% | 41 mi |
Comparing salaries near Winston-Salem, NC
Hiring Financial Risk Specialistss?
Frequently Asked Questions
How much does a Financial Risk Specialists make in Winston-Salem, NC?
The median annual salary for a Financial Risk Specialists in Winston-Salem, NC is $110,700. This typically ranges from $60,620 for entry-level positions to $165,380 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Winston-Salem, NC is 8.7% lower than the national median of $121,220.
Is Winston-Salem, NC a good place for Financial Risk Specialistss?
Yes, Winston-Salem, NC is highly recommended due to strong job demand. While salaries are competitive ($110,700), the area is particularly notable for its high job density for Financial Risk Specialistss. See distinct detailed breakdown below.
Is Winston-Salem, NC a good place to live for Financial Risk Specialists?
The Cost of Living Index in Winston-Salem, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Winston-Salem, NC?
Some top paying nearby cities include Greensboro-High Point, NC ($105,000) and Eastern North Carolina nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 160 employees in the Winston-Salem, NC area with a job density of 0.577 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 Winston-Salem, NC