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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.
2024 Market Data

Salary Overview

$110,700

The average Financial Risk Specialists in Winston-Salem, NC earns-8.7%below the national average.

BreakdownBased on 40h/week
Hourly

$53.2

Weekly

$2,129

Monthly

$9,225

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 LevelMarket PercentileAnnual WageHourly 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

Major Hub

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

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.