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Risk Analyst Salary in Gresham, OR

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

Median Salary
$120,600
per year in Gresham
Entry Level
$71,264
Starting salary
Senior Level
$164,455
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 Gresham.

PeriodEntry LevelMedianSenior
Annual$71,264$120,600$164,455
Monthly$5,939$10,050$13,705
Biweekly$2,741$4,638$6,325
Weekly$1,370$2,319$3,163
Hourly$34$58$79

Gresham vs National Average

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

Gresham Salary
$120,600
COL Index: 115
National Average
$91,860
COL Index: 100
Difference
+$28,740
Higher in Gresham

Cost of Living in Gresham

1-Bedroom Rent
$1,350
per month
Median Income
$53,210
per year
Population
114,247
residents
Rent % of Income
30.4%
median household
Cost of Living Index: 115 — A score of 100 represents the U.S. average. Salaries in Gresham 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
+18%
Los Angeles, CA
$103,820
-14%
Chicago, IL
$98,850
-18%
Houston, TX
$95,620
-21%
Phoenix, AZ
$92,410
-23%

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Risk Analyst Salary in Gresham, OR — Complete Guide

Median Salary Overview

The median salary for a risk analyst in Gresham, OR is $120,600 per year, adjusted for the local cost of living index of 115. This figure reflects typical earnings for experienced professionals in this role, considering Gresham's unique economic conditions.

Salary Range and Experience Levels

Entry-level risk analyst professionals in Gresham can expect to earn around $71,264 annually. As professionals gain experience, salaries typically increase, with senior-level risk analysts earning approximately $164,455 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Gresham's cost of living index of 115 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Gresham 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 Gresham typically goes toward housing. With a 1-bedroom apartment averaging $1,350 per month, housing represents about 13.4% 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 Gresham, 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.