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Risk Analyst Salary in Youngstown, OH

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

Median Salary
$63,053
per year in Youngstown
Entry Level
$37,258
Starting salary
Senior Level
$85,981
Experienced professionals
Cost of Living
78
22% below national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$37,258$63,053$85,981
Monthly$3,105$5,254$7,165
Biweekly$1,433$2,425$3,307
Weekly$717$1,213$1,653
Hourly$18$30$41

Youngstown vs National Average

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

Youngstown Salary
$63,053
COL Index: 78
National Average
$91,860
COL Index: 100
Difference
-$28,807
Lower in Youngstown

Cost of Living in Youngstown

1-Bedroom Rent
$650
per month
Median Income
$28,340
per year
Population
60,068
residents
Rent % of Income
27.5%
median household
Cost of Living Index: 78 — A score of 100 represents the U.S. average. Salaries in Youngstown 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
+125%
Los Angeles, CA
$103,820
+65%
Chicago, IL
$98,850
+57%
Houston, TX
$95,620
+52%
Phoenix, AZ
$92,410
+47%

Financial Tools to Explore

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Risk Analyst Salary in Youngstown, OH — Complete Guide

Median Salary Overview

The median salary for a risk analyst in Youngstown, OH is $63,053 per year, adjusted for the local cost of living index of 78. This figure reflects typical earnings for experienced professionals in this role, considering Youngstown's unique economic conditions.

Salary Range and Experience Levels

Entry-level risk analyst professionals in Youngstown can expect to earn around $37,258 annually. As professionals gain experience, salaries typically increase, with senior-level risk analysts earning approximately $85,981 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Youngstown's cost of living index of 78 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Youngstown 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 Youngstown typically goes toward housing. With a 1-bedroom apartment averaging $650 per month, housing represents about 12.4% 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 Youngstown, 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.