Financial Risk Specialists pay range in Springfield
New workers and the lowest-paid 10% earn about $63,750 a year or less, while the top 10% make $164,280 or more. The middle half of financial risk specialists in Springfield earn between $63,750 and $124,380.
- $64K10th
- $64K25th
- $74KMedian
- $124K75th
- $164K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $97,330 | $8,111 | $46.79 |
| Median | $74,360 | $6,197 | $35.75 |
| Entry level (25th percentile) | $63,750 | $5,312 | $30.65 |
| Experienced (75th percentile) | $124,380 | $10,365 | $59.80 |
*Hourly figures assume 2,080 paid hours a year.
Financial Risk Specialists salary after taxes in Springfield
On the average salary of $97,330, a single filer in Springfield takes home about $72,625 a year, or $6,052 a month and $2,793 every two weeks. Taxes take 25% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).
Is Springfield a good place for financial risk specialists? Pay vs. cost of living
Prices in the Springfield area are 7% below the U.S. average (BEA price parity 92.7), so the average $97,330 buys what about $104,944 would buy in a typical U.S. metro. This job pays 1.4 times the median wage of all jobs in Springfield ($52,670). A typical home costs $200,409, or 2.1 years of this average salary before tax.
Financial Risk Specialists salary in other Illinois cities
Springfield ranks 3rd of 3 Illinois metro areas for this job; Chicago pays the most ($123,130).
Highest-paying cities for financial risk specialists
San Jose, CA pays this job the most of the metro areas we cover ($162,550).
- San Jose, CA$162,550
- San Francisco, CA$159,040
- New York, NY$155,130
- Bridgeport, CT$146,120
- Charlotte, NC$144,270
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Financial Risk Specialists salary in Springfield: questions
How much do financial risk specialists make an hour in Springfield?
$46.79 an hour on average, and $35.75 at the median (BLS, May 2025).
What is the entry-level financial risk specialists salary in Springfield?
The lowest-paid 10% earn about $63,750 a year and the 25th percentile is $63,750, a fair guide to starting pay.
What is the financial risk specialists take-home pay in Springfield?
About $72,625 a year ($6,052 a month) for a single filer on the average salary of $97,330.
Do financial risk specialists earn more in Springfield than elsewhere?
The average here is 24% less than the U.S. metro average for this job ($127,383).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2054; area Springfield, IL (44100). Relative standard error of the mean wage: 2.4%.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).
- Job concentration: location quotient 0.79, this job is less common than in the U.S. overall (location quotient 0.79).
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