SOC 13-2054 · Providence-Warwick, RI-MA metro

Financial Risk Specialists Salary in Providence, RI

The average salary for financial risk specialists in Providence, Rhode Island is $114,490 a year ($55.04 an hour), according to BLS estimates for May 2025. The median is $103,470: half of the 490 people in this job in the Providence-Warwick, RI-MA metro area earn more than that, half earn less. That average is 10% less than the U.S. metro average for this job ($127,383).

$114,490average per year

$55.04 / hourMedian $103,470Take-home ≈ $85,537

  • $59K10th
  • $78K25th
  • $103KMedian
  • $135K75th
  • $187K90th

median average · bar = middle 50% of workers

490people in this job
-10%vs U.S. metro average
102cost of living (U.S. = 100)
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Financial Risk Specialists pay range in Providence

New workers and the lowest-paid 10% earn about $59,470 a year or less, while the top 10% make $186,570 or more. The middle half of financial risk specialists in Providence earn between $77,930 and $135,000.

  • $59K10th
  • $78K25th
  • $103KMedian
  • $135K75th
  • $187K90th

median average · bar = middle 50% of workers

Pay levelPer yearPer monthPer hour*
Average$114,490$9,541$55.04
Median$103,470$8,622$49.75
Entry level (25th percentile)$77,930$6,494$37.47
Experienced (75th percentile)$135,000$11,250$64.90

*Hourly figures assume 2,080 paid hours a year.

Financial Risk Specialists salary after taxes in Providence

On the average salary of $114,490, a single filer in Providence takes home about $85,537 a year, or $7,128 a month and $3,290 every two weeks. Taxes take 25% of gross pay.

The Providence-Warwick, RI-MA metro area crosses state lines, so take-home pay depends on the state where you work:

StatePer yearPer month
Working in RI$85,537$7,128
Working in MA$83,969$6,997

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Rhode Island's Temporary Disability Insurance payroll contribution is not included.

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Is Providence a good place for financial risk specialists? Pay vs. cost of living

Prices in the Providence area are 2% above the U.S. average (BEA price parity 101.8), so the average $114,490 buys what about $112,495 would buy in a typical U.S. metro. This job pays 1.9 times the median wage of all jobs in Providence ($53,680). A typical home costs $524,867, or 4.6 years of this average salary before tax.

See what $114,490 is worth in another city

Financial Risk Specialists salary in nearby metro areas

Highest-paying cities for financial risk specialists

San Jose, CA pays this job the most of the metro areas we cover ($162,550).

Financial Risk Specialists salary by city

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Reviewed before it counts. Financial Risk Specialists in Providence, RI.

Financial Risk Specialists salary in Providence: questions

How much do financial risk specialists make an hour in Providence?

$55.04 an hour on average, and $49.75 at the median (BLS, May 2025).

What is the entry-level financial risk specialists salary in Providence?

The lowest-paid 10% earn about $59,470 a year and the 25th percentile is $77,930, a fair guide to starting pay.

What is the financial risk specialists take-home pay in Providence?

About $85,537 a year ($7,128 a month) for a single filer on the average salary of $114,490. Rhode Island's Temporary Disability Insurance payroll contribution is not included.

Do financial risk specialists earn more in Providence than elsewhere?

The average here is 10% 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 Providence-Warwick, RI-MA (39300). Relative standard error of the mean wage: 4.9%.
  • 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 (2026 rules). Rhode Island's Temporary Disability Insurance payroll contribution is not included.
  • Job concentration: location quotient 1.67, this job is 1.7 times as concentrated as in the U.S. overall.

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