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Risk Analyst Salary in Ellensburg, WA

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

Median Salary
$100,826
per year in Ellensburg
Entry Level
$59,579
Starting salary
Senior Level
$137,490
Experienced professionals
Cost of Living
98
2% below national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$59,579$100,826$137,490
Monthly$4,965$8,402$11,458
Biweekly$2,292$3,878$5,288
Weekly$1,146$1,939$2,644
Hourly$29$48$66

Ellensburg vs National Average

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

Ellensburg Salary
$100,826
COL Index: 98
National Average
$91,860
COL Index: 100
Difference
+$8,966
Higher in Ellensburg

Cost of Living in Ellensburg

1-Bedroom Rent
$1,050
per month
Median Income
$38,234
per year
Population
21,230
residents
Rent % of Income
33.0%
median household
Cost of Living Index: 98 — A score of 100 represents the U.S. average. Salaries in Ellensburg 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
+41%
Los Angeles, CA
$103,820
+3%
Chicago, IL
$98,850
-2%
Houston, TX
$95,620
-5%
Phoenix, AZ
$92,410
-8%

Financial Tools to Explore

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Risk Analyst Salary in Ellensburg, WA — Complete Guide

Median Salary Overview

The median salary for a risk analyst in Ellensburg, WA is $100,826 per year, adjusted for the local cost of living index of 98. This figure reflects typical earnings for experienced professionals in this role, considering Ellensburg's unique economic conditions.

Salary Range and Experience Levels

Entry-level risk analyst professionals in Ellensburg can expect to earn around $59,579 annually. As professionals gain experience, salaries typically increase, with senior-level risk analysts earning approximately $137,490 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Ellensburg's cost of living index of 98 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Ellensburg 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 Ellensburg typically goes toward housing. With a 1-bedroom apartment averaging $1,050 per month, housing represents about 12.5% 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 Ellensburg, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. 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.