Financial Risk Specialists Salary in Grand Rapids, MI

BLS Occupational Employment & Wage Statistics • May 2025 • Grand Rapids-Wyoming-Kentwood, MI

Median annual salary $103,180 -2.7% vs national
Median hourly $49.61
10th percentile $58,790
90th percentile $158,000
Employed locally 90
National median $106,000

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Financial Risk Specialists
in
Grand Rapids, MI
vs

    Salary percentile breakdown

    10th
    $58,790
    25th
    $69,890
    50th (median)
    $103,180
    75th
    $119,480
    90th
    $158,000

    Grand Rapids economic context

    Unemployment rate 4.00% 2024 annual avg • BLS LAUS
    Median household income $80,296 2023 • Census ACS
    Financial Risk Specialists salary vs area income 128% Median Financial Risk Specialists salary is 28% above the area median household income

    Top-paying metros for Financial Risk Specialists

    Metro areaMedian salary
    Northern New Hampshire nonmetropolitan area $158,320
    New York-Newark-Jersey City, NY-NJ $141,960
    San Francisco-Oakland-Fremont, CA $140,050
    New York $138,330
    San Jose-Sunnyvale-Santa Clara, CA $137,420
    Charlotte-Concord-Gastonia, NC-SC $130,750

    Nearby metros — Financial Risk Specialists salary comparison

    Metro areaMedian salary
    Bloomington, IL $124,940
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $123,450
    Wyoming $115,730
    Minneapolis-St. Paul-Bloomington, MN-WI $107,770
    Miami-Fort Lauderdale-West Palm Beach, FL $107,080
    Minnesota $106,880

    Related occupations in Grand Rapids, MI

    OccupationMedian salary
    Accountants and Auditors$76,030
    Human Resources Specialists$63,840
    Market Research Analysts and Marketing Specialists$63,510
    Project Management Specialists$85,550
    Buyers and Purchasing Agents$69,000
    Business Operations Specialists, All Other$72,650

    Frequently asked questions

    How much do Financial Risk Specialists make per hour in Grand Rapids?

    The median hourly wage for Financial Risk Specialists in Grand Rapids, MI is $49.61, based on BLS OEWS 2025 data. Top earners (90th percentile) make $74.49 or more per hour.

    Is Grand Rapids above or below average for Financial Risk Specialists salaries?

    The median Financial Risk Specialists salary in Grand Rapids, MI is 2.7% below the national median of $106,000. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Financial Risk Specialists in Grand Rapids?

    Entry-level Financial Risk Specialists (10th percentile) earn around $58,790 per year in Grand Rapids, MI. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $69,890.