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Risk Analyst Salary in Alpharetta, GA

How much does a risk analyst make in Alpharetta? Explore median, entry-level, and senior salaries adjusted for Alpharetta's cost of living.

Median Salary
$107,730
per year in Alpharetta
Entry Level
$63,659
Starting salary
Senior Level
$146,905
Experienced professionals
Cost of Living
115
15% above national avg

Salary Breakdown by Experience Level

See how risk analyst salaries break down across different pay periods in Alpharetta.

PeriodEntry LevelMedianSenior
Annual$63,659$107,730$146,905
Monthly$5,305$8,978$12,242
Biweekly$2,448$4,143$5,650
Weekly$1,224$2,072$2,825
Hourly$31$52$71

Alpharetta vs National Average

How Alpharetta's risk analyst salaries compare to national figures.

Alpharetta Salary
$107,730
COL Index: 115
National Average
$91,860
COL Index: 100
Difference
+$15,870
Higher in Alpharetta

Cost of Living in Alpharetta

1-Bedroom Rent
$1,450
per month
Median Income
$92,234
per year
Population
67,213
residents
Rent % of Income
18.9%
median household
Cost of Living Index: 115 — A score of 100 represents the U.S. average. Salaries in Alpharetta have been adjusted to account for local cost differences.

About Risk Analyst

Overview

Identify and analyze potential business risks and mitigation strategies.

Education

Bachelor's degree in Finance, Risk Management, or related field

Key Skills

Risk AssessmentData AnalysisStatistical AnalysisProblem Solving

Growth Rate

Expected job growth: +18% over the next decade

Compare Cities: Risk Analyst Salary

See Risk Analyst salaries in other top cities.

New York, NY
$141,960
+32%
Los Angeles, CA
$103,820
-4%
Chicago, IL
$98,850
-8%
Houston, TX
$95,620
-11%
Phoenix, AZ
$92,410
-14%

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Risk Analyst Salary in Alpharetta, GA — Complete Guide

Median Salary Overview

The median salary for a risk analyst in Alpharetta, GA is $107,730 per year, adjusted for the local cost of living index of 115. This figure reflects typical earnings for experienced professionals in this role, considering Alpharetta's unique economic conditions.

Salary Range and Experience Levels

Entry-level risk analyst professionals in Alpharetta can expect to earn around $63,659 annually. As professionals gain experience, salaries typically increase, with senior-level risk analysts earning approximately $146,905 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Alpharetta's cost of living index of 115 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Alpharetta are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $91,860, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a risk analyst's salary in Alpharetta typically goes toward housing. With a 1-bedroom apartment averaging $1,450 per month, housing represents about 16.2% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Risk Analysts are in growing demand across the United States, with an expected job growth of 18% over the next decade. In Alpharetta, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.