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Risk Analyst Salary in Charlotte, NC

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

Median Salary
$130,750
per year in Charlotte
Entry Level
$77,261
Starting salary
Senior Level
$178,296
Experienced professionals
Cost of Living
108
8% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$77,261$130,750$178,296
Monthly$6,438$10,896$14,858
Biweekly$2,972$5,029$6,858
Weekly$1,486$2,514$3,429
Hourly$37$63$86

Charlotte vs National Average

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

Charlotte Salary
$130,750
COL Index: 108
National Average
$91,860
COL Index: 100
Difference
+$38,890
Higher in Charlotte

Cost of Living in Charlotte

1-Bedroom Rent
$1,500
per month
Median Income
$61,340
per year
Population
885,708
residents
Rent % of Income
29.3%
median household
Cost of Living Index: 108 — A score of 100 represents the U.S. average. Salaries in Charlotte 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
+9%
Los Angeles, CA
$103,820
-21%
Chicago, IL
$98,850
-24%
Houston, TX
$95,620
-27%
Phoenix, AZ
$92,410
-29%

Financial Tools to Explore

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Risk Analyst Salary in Charlotte, NC — Complete Guide

Median Salary Overview

The median salary for a risk analyst in Charlotte, NC is $130,750 per year, adjusted for the local cost of living index of 108. This figure reflects typical earnings for experienced professionals in this role, considering Charlotte's unique economic conditions.

Salary Range and Experience Levels

Entry-level risk analyst professionals in Charlotte can expect to earn around $77,261 annually. As professionals gain experience, salaries typically increase, with senior-level risk analysts earning approximately $178,296 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Charlotte's cost of living index of 108 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Charlotte 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 Charlotte typically goes toward housing. With a 1-bedroom apartment averaging $1,500 per month, housing represents about 13.8% 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 Charlotte, 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.