Financial Risk Specialist Salary in Providence, RI
Financial Risk Specialists in the Providence-Warwick, RI-MA metro area earn a median $103,470 a year — 12% less than the national median. After 2026 taxes, that is $78,308 take-home, or $6,526 a month.
Take-home pay calculator
Pre-filled with the median financial risk specialist salary in Providence, RI. Enter your own offer to see your paycheck.
- Federal income tax$13,933
- Social Security (6.2%)$6,415
- Medicare (1.45%)$1,500
- Rhode Island income tax$3,313
- Take-home pay$78,308
Marginal rate: 22% federal + 4.75% state
The Providence-Warwick, RI-MA metro spans Rhode Island, Massachusetts. Pick the state you live in — state income tax follows your residence.
Financial Risk Specialist pay by experience in Providence, RI
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $59,470 | $28.59 | $48,351 | $4,029 |
| 25th percentile | $77,930 | $37.47 | $61,348 | $5,112 |
| Median (50th) | $103,470 | $49.75 | $78,308 | $6,526 |
| 75th percentile | $135,000 | $64.90 | $98,728 | $8,227 |
| 90th percentile (top earners) | $186,570 | $89.70 | $131,655 | $10,971 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Rhode Island resident, 2026 tax rules.
What $103,470 buys in Providence, RI
Prices in Providence, RI are 1.8% higher than the U.S. average (housing costs are 1.04× the national average). Adjusted for local prices, a median financial risk specialist's $78,308 take-home pay has the buying power of $76,944 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Providence, RI has 1.7× the national concentration of financial risk specialist jobs — a strong local market for this occupation.
Best-paying cities for financial risk specialists, adjusted for cost of living
Providence, RI ranks #19 of 27 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | San Jose, CA | $166,240 | $111,499 | $100,975 |
| 2 | Charlotte, NC | $133,530 | $97,715 | $100,377 |
| 3 | San Francisco, CA | $167,440 | $112,192 | $97,041 |
| 4 | Philadelphia, PA | $130,880 | $96,704 | $94,296 |
| 5 | Seattle, WA | $134,330 | $103,081 | $92,754 |
| 6 | New York, NY | $139,670 | $99,530 | $88,422 |
| 7 | Boston, MA | $132,580 | $95,475 | $88,186 |
| 8 | San Antonio, TX | $103,990 | $81,987 | $86,561 |
| 19 | Providence, RI | $103,470 | $78,308 | $76,944 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 27 metros →
Frequently asked questions
How much does a financial risk specialist make in Providence, RI?
The median financial risk specialist salary in the Providence-Warwick, RI-MA metro area is $103,470 a year, or about $49.75 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $77,930 and $135,000.
What is a financial risk specialist’s take-home pay in Providence, RI?
On the median $103,470 salary, a single filer living in Rhode Island takes home about $78,308 a year ($6,526 a month) after federal tax, Social Security, Medicare and $3,313 in Rhode Island taxes in 2026.
Is Providence, RI a good place to work as a financial risk specialist?
Pay here is 12% below the national median of $117,330. Local prices are 1.8% above the U.S. average, so the take-home pay buys what $76,944 would in a typical U.S. city. Providence, RI ranks #19 of 27 metro areas for cost-of-living-adjusted pay in this job.
Can a financial risk specialist afford rent in Providence, RI?
HUD’s fair market rent for a one-bedroom in Providence, RI is $1,423 a month ($1,774 for two bedrooms) — 22% of a median financial risk specialist’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in Providence, RI
- Project Management Specialist — $104,510
- Management Analyst — $100,360
- Financial and Investment Analyst — $100,290
- Accountant and Auditor — $95,020
- Labor Relations Specialist — $93,140
- Cost Estimator — $87,720
- Compliance Officer — $87,620
- Claims Adjusters, Examiners, and Investigators — $86,360
- Business Operations Specialists, All Other — $84,990
- Buyer and Purchasing Agent — $84,590
- Market Research Analyst and Marketing Specialist — $83,960
- Personal Financial Advisor — $83,720