Financial Risk Specialist salary in Massachusetts
Financial Risk Specialists in Massachusetts earn a median of $130,400 a year ($62.69 an hour), based on BLS data for 1,440 workers.
Pay ranges from $71,390 for the lowest-paid 10% to $209,200 for the top 10%. That is 11% higher than the national median of $117,330. Massachusetts ranks 6th of 50 states for financial risk specialists pay. There are 0.40 financial risk specialists per 1,000 jobs here — close to the national average. The average (mean) salary is $131,690, above the median because a few high earners pull it up.
Pay range for financial risk specialists in Massachusetts
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $71,390 | $34.32 |
| 25th percentile | $90,070 | $43.30 |
| Median | $130,400 | $62.69 |
| 75th percentile | $169,610 | $81.54 |
| 90th percentile (top earners) | $209,200 | $100.58 |
| Average (mean) | $131,690 | $63.31 |
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 | $10,866.67 |
| Semi-monthly (24 a year) | $5,433.33 |
| Biweekly (26 a year) | $5,015.38 |
| Weekly | $2,507.69 |
| Hourly | $62.69 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Financial Risk Specialist salary in cities in Massachusetts
| Metro area | Median salary | Workers |
|---|---|---|
| Boston-Cambridge-Newton, MA-NH | $132,580 | 1,120 |
| Providence-Warwick, RI-MA | $103,470 | 490 |
| Worcester, MA | $92,670 | 50 |
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 |
Related jobs in Massachusetts
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $99,460 | $47.82 |
| Financial and Investment Analysts | $111,040 | $53.38 |
| Loan Officer | $101,600 | $48.85 |
| Insurance Underwriter | $106,640 | $51.27 |
| Tax Preparer | $58,400 | $28.08 |
| Credit Analyst | $97,080 | $46.68 |
| Budget Analyst | $92,260 | $44.36 |
| Tax Examiners and Collectors, and Revenue Agents | $75,560 | $36.33 |
| Property Appraisers and Assessors | $91,750 | $44.11 |
| Financial Examiner | $111,110 | $53.42 |
| Credit Counselor | $63,240 | $30.41 |
| Financial Specialists, All Other | $99,970 | $48.06 |
| Personal Financial Advisor | $125,670 | $60.42 |
| Market Research Analysts and Marketing Specialists | $101,810 | $48.95 |
More: Business and Financial Operations Occupations · all salaries in Massachusetts
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 Massachusetts?
The median salary for financial risk specialists in Massachusetts is $130,400 a year, or $62.69 an hour. Pay ranges from $71,390 for the lowest-paid 10% to $209,200 for the top 10%.
How much do the highest-paid financial risk specialists make in Massachusetts?
The top 10% of financial risk specialists in Massachusetts earn at least $209,200 a year. The top 25% earn $169,610 or more.
What is the starting pay for financial risk specialists in Massachusetts?
Entry-level pay (the 10th percentile) is about $71,390 a year, and a quarter of financial risk specialists earn $90,070 or less.
How many financial risk specialists work in Massachusetts?
About 1,440 financial risk specialists are employed in Massachusetts, not counting the self-employed.