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Risk Analyst Salary in Fort Worth, TX

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

Median Salary
$98,500
per year in Fort Worth
Entry Level
$58,205
Starting salary
Senior Level
$134,319
Experienced professionals
Cost of Living
103
3% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$58,205$98,500$134,319
Monthly$4,850$8,208$11,193
Biweekly$2,239$3,788$5,166
Weekly$1,119$1,894$2,583
Hourly$28$47$65

Fort Worth vs National Average

How Fort Worth's risk analyst salaries compare to national figures.

Fort Worth Salary
$98,500
COL Index: 103
National Average
$91,860
COL Index: 100
Difference
+$6,640
Higher in Fort Worth

Cost of Living in Fort Worth

1-Bedroom Rent
$1,400
per month
Median Income
$59,874
per year
Population
909,585
residents
Rent % of Income
28.1%
median household
Cost of Living Index: 103 — A score of 100 represents the U.S. average. Salaries in Fort Worth 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
+44%
Los Angeles, CA
$103,820
+5%
Chicago, IL
$98,850
+0%
Houston, TX
$95,620
-3%
Phoenix, AZ
$92,410
-6%

Financial Tools to Explore

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Risk Analyst Salary in Fort Worth, TX — Complete Guide

Median Salary Overview

The median salary for a risk analyst in Fort Worth, TX is $98,500 per year, adjusted for the local cost of living index of 103. This figure reflects typical earnings for experienced professionals in this role, considering Fort Worth's unique economic conditions.

Salary Range and Experience Levels

Entry-level risk analyst professionals in Fort Worth can expect to earn around $58,205 annually. As professionals gain experience, salaries typically increase, with senior-level risk analysts earning approximately $134,319 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Fort Worth's cost of living index of 103 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Fort Worth 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 Fort Worth typically goes toward housing. With a 1-bedroom apartment averaging $1,400 per month, housing represents about 17.1% 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 Fort Worth, 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.