Financial Risk Specialists pay range in Memphis
New workers and the lowest-paid 10% earn about $72,310 a year or less, while the top 10% make $175,450 or more. The middle half of financial risk specialists in Memphis earn between $77,060 and $122,000.
- $72K10th
- $77K25th
- $89KMedian
- $122K75th
- $175K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $105,470 | $8,789 | $50.71 |
| Median | $88,910 | $7,409 | $42.75 |
| Entry level (25th percentile) | $77,060 | $6,422 | $37.05 |
| Experienced (75th percentile) | $122,000 | $10,167 | $58.65 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Financial Risk Specialists pay in Memphis vs. Tennessee and the U.S.
Financial risk specialists in Memphis earn 5% more than the Tennessee average ($100,540) and 15% less than the U.S. average ($124,420). At the median the gap is -24% against the U.S. median of $117,330.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Memphis | $105,470 | $88,910 | $72,310 | $175,450 | 100 |
| Tennessee | $100,540 | $90,950 | $57,270 | $154,490 | 540 |
| United States | $124,420 | $117,330 | $64,820 | $196,110 | 63,850 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Financial Risk Specialists salary after taxes in Memphis
On the average salary of $105,470, a single filer in Memphis takes home about $83,028 a year, or $6,919 a month and $3,193 every two weeks. Taxes take 21% of gross pay.
The Memphis, TN-MS-AR metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in TN | $83,028 | $6,919 |
| Working in MS | $79,541 | $6,628 |
| Working in AR | $79,326 | $6,611 |
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
Is Memphis a good place for financial risk specialists? Pay vs. cost of living
Prices in the Memphis area are 8% below the U.S. average (BEA price parity 92.2), so the average $105,470 buys what about $114,419 would buy in a typical U.S. metro. This job pays 1.9 times the median wage of all jobs in Memphis ($46,890). A typical home costs $247,229, or 2.3 years of this average salary before tax.
Financial Risk Specialists salary in other Tennessee cities
Memphis ranks 1st of 3 Tennessee metro areas for this job, the best-paid in the state.
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 Memphis: questions
How much do financial risk specialists make an hour in Memphis?
$50.71 an hour on average, and $42.74 at the median (BLS, May 2025).
What is the entry-level financial risk specialists salary in Memphis?
The lowest-paid 10% earn about $72,310 a year and the 25th percentile is $77,060, a fair guide to starting pay.
What is the financial risk specialists take-home pay in Memphis?
About $83,028 a year ($6,919 a month) for a single filer on the average salary of $105,470. Tennessee has no state income tax.
Do financial risk specialists earn more in Memphis than elsewhere?
The average here is 15% less than the U.S. average for this job ($124,420).
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 Memphis, TN-MS-AR (32820). Relative standard error of the mean wage: 9.1%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- 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 no state income tax.
- Job concentration: location quotient 0.38, this job is less common than in the U.S. overall (location quotient 0.38).
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