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Risk Analyst Salary in Evanston, WY

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

Median Salary
$71,136
per year in Evanston
Entry Level
$42,035
Starting salary
Senior Level
$97,004
Experienced professionals
Cost of Living
88
12% below national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$42,035$71,136$97,004
Monthly$3,503$5,928$8,084
Biweekly$1,617$2,736$3,731
Weekly$808$1,368$1,865
Hourly$20$34$47

Evanston vs National Average

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

Evanston Salary
$71,136
COL Index: 88
National Average
$91,860
COL Index: 100
Difference
-$20,724
Lower in Evanston

Cost of Living in Evanston

1-Bedroom Rent
$820
per month
Median Income
$52,234
per year
Population
12,245
residents
Rent % of Income
18.8%
median household
Cost of Living Index: 88 — A score of 100 represents the U.S. average. Salaries in Evanston 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
+100%
Los Angeles, CA
$103,820
+46%
Chicago, IL
$98,850
+39%
Houston, TX
$95,620
+34%
Phoenix, AZ
$92,410
+30%

Financial Tools to Explore

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Risk Analyst Salary in Evanston, WY — Complete Guide

Median Salary Overview

The median salary for a risk analyst in Evanston, WY is $71,136 per year, adjusted for the local cost of living index of 88. This figure reflects typical earnings for experienced professionals in this role, considering Evanston's unique economic conditions.

Salary Range and Experience Levels

Entry-level risk analyst professionals in Evanston can expect to earn around $42,035 annually. As professionals gain experience, salaries typically increase, with senior-level risk analysts earning approximately $97,004 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Evanston's cost of living index of 88 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Evanston 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 Evanston typically goes toward housing. With a 1-bedroom apartment averaging $820 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 Evanston, 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.