Financial Risk Specialist salary in Cedar Rapids, IA
Financial Risk Specialists in the Cedar Rapids, IA metro area earn a median of $91,480 a year ($43.98 an hour), based on BLS data for 40 workers.
Pay ranges from $58,600 for the lowest-paid 10% to $142,570 for the top 10%. That is 22% lower than the national median of $117,330. Pay here is 13% lower than the Iowa statewide median of $105,680. There are 0.30 financial risk specialists per 1,000 jobs here — the job is less common than nationally (location quotient 0.73). The average (mean) salary is $95,820, above the median because a few high earners pull it up.
Pay range for financial risk specialists in Cedar Rapids, IA
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $58,600 | $28.17 |
| 25th percentile | $74,570 | $35.85 |
| Median | $91,480 | $43.98 |
| 75th percentile | $108,680 | $52.25 |
| 90th percentile (top earners) | $142,570 | $68.54 |
| Average (mean) | $95,820 | $46.07 |
Half of financial risk specialists earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $7,623.33 |
| Semi-monthly (24 a year) | $3,811.67 |
| Biweekly (26 a year) | $3,518.46 |
| Weekly | $1,759.23 |
| Hourly | $43.98 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Financial Risk Specialist salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Des Moines-West Des Moines, IA | $108,110 | 350 |
| Omaha, NE-IA | $93,180 | 150 |
| Davenport-Moline-Rock Island, IA-IL | $91,880 | 30 |
Highest-paying states for financial risk specialists
| State | Median salary |
|---|---|
| New Hampshire | $158,320 |
| Maine | $141,020 |
| Delaware | $139,440 |
| New York | $136,830 |
| North Carolina | $132,040 |
| Massachusetts | $130,400 |
| New Jersey | $129,220 |
| California | $129,110 |
| Virginia | $126,510 |
| Washington | $123,150 |
See Financial Risk Specialist pay in every state or the Iowa statewide figures.
Related jobs in Cedar Rapids, IA
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $77,180 | $37.11 |
| Personal Financial Advisor | $93,320 | $44.87 |
| Financial and Investment Analysts | $82,840 | $39.83 |
| Loan Officer | $85,990 | $41.34 |
| Financial Specialists, All Other | $77,240 | $37.13 |
| Insurance Underwriter | $77,440 | $37.23 |
| Financial Examiner | $82,620 | $39.72 |
| Credit Analyst | $73,590 | $35.38 |
| Tax Preparer | $51,820 | $24.92 |
| Property Appraisers and Assessors | $89,270 | $42.92 |
| Market Research Analysts and Marketing Specialists | $63,630 | $30.59 |
| Project Management Specialist | $93,760 | $45.08 |
| Business Operations Specialists, All Other | $72,740 | $34.97 |
| Human Resources Specialist | $63,070 | $30.32 |
More: Business and Financial Operations Occupations · all salaries in Cedar Rapids, IA
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2054. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a financial risk specialist make in Cedar Rapids, IA?
The median salary for financial risk specialists in the Cedar Rapids, IA metro area is $91,480 a year, or $43.98 an hour. Pay ranges from $58,600 for the lowest-paid 10% to $142,570 for the top 10%.
How much do the highest-paid financial risk specialists make in Cedar Rapids, IA?
The top 10% of financial risk specialists in the Cedar Rapids, IA metro area earn at least $142,570 a year. The top 25% earn $108,680 or more.
What is the starting pay for financial risk specialists in Cedar Rapids, IA?
Entry-level pay (the 10th percentile) is about $58,600 a year, and a quarter of financial risk specialists earn $74,570 or less.
How many financial risk specialists work in Cedar Rapids, IA?
About 40 financial risk specialists are employed in the Cedar Rapids, IA metro area, not counting the self-employed.