Average Fraud Specialist Salary
$31,000 yearly
$11.07 hourly
Updated July 28, 2021
$22,000
10 %
$31,000
Median
$44,000
90 %
Did you know that the average fraud specialist makes $31,386 per year? That's valued at $15.09 per hour! The range surrounding that average can vary between $22,000 and $44,000, meaning fraud specialists have the opportunity to earn more once they move past entry-level roles. Most fraud specialists find a job with finance and retail companies, while others work for technology, retail, and finance companies to make more money. Those aren't the only places you can earn a higher paycheck. Alaska, New York and New Jersey are the top states in the U.S. to pay fraud specialists the highest salaries.

Average Fraud Specialist Salary By State

The darker areas on the map show where fraud specialists earn the highest salaries across all 50 states.

Average Salary

Fraud Specialist average salary by State

StateascdescAvg. salaryascdescHourly rateascdesc
Alabama
Alabama
$26,486
$26,486
$12.73
$12.73
Alaska
Alaska
$47,594
$47,594
$22.88
$22.88
Arizona
Arizona
$31,045
$31,045
$14.93
$14.93
Arkansas
Arkansas
$25,815
$25,815
$12.41
$12.41
California
California
$41,915
$41,915
$20.15
$20.15
Colorado
Colorado
$32,162
$32,162
$15.46
$15.46
Connecticut
Connecticut
$30,805
$30,805
$14.81
$14.81
Delaware
Delaware
$38,190
$38,190
$18.36
$18.36
District of Columbia
District of Columbia
$34,712
$34,712
$16.69
$16.69
Florida
Florida
$29,463
$29,463
$14.16
$14.16
Georgia
Georgia
$25,700
$25,700
$12.36
$12.36
Hawaii
Hawaii
$34,392
$34,392
$16.53
$16.53
Idaho
Idaho
$26,667
$26,667
$12.82
$12.82
Illinois
Illinois
$39,272
$39,272
$18.88
$18.88
Indiana
Indiana
$27,765
$27,765
$13.35
$13.35
Iowa
Iowa
$30,045
$30,045
$14.44
$14.44
Kansas
Kansas
$36,572
$36,572
$17.58
$17.58
Kentucky
Kentucky
$31,005
$31,005
$14.91
$14.91
Louisiana
Louisiana
$30,525
$30,525
$14.68
$14.68
Maine
Maine
$31,265
$31,265
$15.03
$15.03
Maryland
Maryland
$27,788
$27,788
$13.36
$13.36
Massachusetts
Massachusetts
$28,626
$28,626
$13.76
$13.76
Michigan
Michigan
$30,889
$30,889
$14.85
$14.85
Minnesota
Minnesota
$30,861
$30,861
$14.84
$14.84
Mississippi
Mississippi
$31,761
$31,761
$15.27
$15.27
Missouri
Missouri
$32,196
$32,196
$15.48
$15.48
Montana
Montana
$31,395
$31,395
$15.09
$15.09
Nebraska
Nebraska
$33,435
$33,435
$16.07
$16.07
Nevada
Nevada
$23,677
$23,677
$11.38
$11.38
New Hampshire
New Hampshire
$26,561
$26,561
$12.77
$12.77
New Jersey
New Jersey
$42,670
$42,670
$20.51
$20.51
New Mexico
New Mexico
$28,411
$28,411
$13.66
$13.66
New York
New York
$44,422
$44,422
$21.36
$21.36
North Carolina
North Carolina
$25,817
$25,817
$12.41
$12.41
North Dakota
North Dakota
$39,013
$39,013
$18.76
$18.76
Ohio
Ohio
$33,335
$33,335
$16.03
$16.03
Oklahoma
Oklahoma
$26,334
$26,334
$12.66
$12.66
Oregon
Oregon
$34,780
$34,780
$16.72
$16.72
Pennsylvania
Pennsylvania
$38,517
$38,517
$18.52
$18.52
Rhode Island
Rhode Island
$38,656
$38,656
$18.58
$18.58
South Carolina
South Carolina
$29,734
$29,734
$14.30
$14.30
South Dakota
South Dakota
$32,727
$32,727
$15.73
$15.73
Tennessee
Tennessee
$25,534
$25,534
$12.28
$12.28
Texas
Texas
$25,424
$25,424
$12.22
$12.22
Utah
Utah
$32,687
$32,687
$15.71
$15.71
Vermont
Vermont
$24,511
$24,511
$11.78
$11.78
Virginia
Virginia
$30,275
$30,275
$14.56
$14.56
Washington
Washington
$32,314
$32,314
$15.54
$15.54
West Virginia
West Virginia
$34,357
$34,357
$16.52
$16.52
Wisconsin
Wisconsin
$30,330
$30,330
$14.58
$14.58
Wyoming
Wyoming
$27,391
$27,391
$13.17
$13.17

Highest Paying Cities For Fraud Specialist

0 selections
CityascdescAvg. salaryascdescHourly rateascdesc
Santa Ana, CA
Santa Ana, CA
$40,567
$40,567
$19.50
$19.50
Fargo, ND
Fargo, ND
$39,109
$39,109
$18.80
$18.80
Buffalo, NY
Buffalo, NY
$37,304
$37,304
$17.93
$17.93
Hillsboro, OR
Hillsboro, OR
$35,171
$35,171
$16.91
$16.91
West Valley City, UT
West Valley City, UT
$32,574
$32,574
$15.66
$15.66
Miami, FL
Miami, FL
$31,407
$31,407
$15.10
$15.10

The largest raises come from changing jobs.

See what's out there.

Average Fraud Specialist Salary Over Time

Compare salaries for individual cities or states with the national average.

Location

    How Much Do Fraud Specialists Make In Different Industries?

    The salary for a fraud specialist can vary depending on what industry the job is in. The highest salaries for fraud specialists tend to be found in technology, retail, and finance companies. In fact, fraud specialists can make a yearly salary of $36,613 while working for technology companies.
    IndustryAvg. SalaryRange
    1. Technology
    $36,613
    $25k
    $52k
    2. Retail
    $36,437
    $25k
    $52k
    3. Finance
    $33,354
    $25k
    $52k
    4. Health Care
    $32,187
    $25k
    $52k

    High Paying Fraud Specialist Jobs

    Average JOB Salary by Field

    Fraud Investigator

    Avg. salary: $40,939

    A fraud investigator specializes in investigating and identifying fraudulent activities within a company and its clients. Their responsibilities depend on their line of work or industry of employment. However, most of the time, their duties will revolve around devising strategies and systems to detect inconsistencies, monitoring suspicious transactions and accounts, conducting reviews to identify any security lapses or vulnerabilities in the procedures, and teaching staff how to notice any fraudulent activities. Furthermore, it is vital to implement the policies and regulations of the company.
    4,254 Fraud Investigator Jobs
    Fraud Analyst

    Avg. salary: $56,022

    Fraud analysts are responsible for monitoring bank accounts, accounting paperwork, and financial transactions. They analyze the data to identify any fraudulent and suspicious activities within an organization. Their duties and responsibilities may vary depending on which industries they work in. These may include keeping the confidentiality of any collected information, resolving customers' problems, and maintaining fraud analysis models to enhance the effectiveness and efficiency of company systems. Fraud analysts are also expected to provide recommendations for anti-fraud processes and new software tools to improve fraud detection and prevention.
    1,028 Fraud Analyst Jobs

    Fraud Specialist Salaries By Years Of Experience

    The salary for a fraud specialist can vary depending on the years of experience that a person has, from entry level to senior level. Data on how experience level affects total compensation is provided by the Bureau of Labor Statistics (BLS) as part of their National Compensation Survey, which is based on factors such as knowledge, complexity, contacts, and environment.

    Which Companies Pay Fraud Specialists The Most?

    If you want to get paid the most as a fraud specialist, being employed by a company such as First Republic Bank or MUFG Americas Holdings would be a smart choice, as they are the highest paying companies in this field. Additionally, companies like SunGard and The University of Iowa also report highly competitive salaries for fraud specialists.
    Company

    Recently Added Fraud Specialist Salaries

    Location
    CompanyascdescJobascdescLocationascdescDate AddedascdescSalaryascdesc
    Advent Talent Group
    Advent Talent Group
    Financial Fraud Specialist
    Financial Fraud Specialist
    Financial Fraud Specialist
    Apple Valley, MN
    Apple Valley, MN
    06/22/2021
    06/22/2021
    $43,827
    $43,827
    06/22/2021
    Work From Home
    Work From Home
    Bsa/Fraud Specialist I
    Bsa/Fraud Specialist I
    Bsa/Fraud Specialist I
    Bode, IA
    Bode, IA
    05/28/2021
    05/28/2021
    $39,152
    $39,152
    05/28/2021
    Greenstate Credit Union
    Greenstate Credit Union
    Bsa/Fraud Specialist II
    Bsa/Fraud Specialist II
    Bsa/Fraud Specialist II
    North Liberty, IA
    North Liberty, IA
    05/25/2021
    05/25/2021
    $43,890
    $43,890
    05/25/2021
    Greenstate Credit Union
    Greenstate Credit Union
    Bsa/Fraud Specialist II
    Bsa/Fraud Specialist II
    Bsa/Fraud Specialist II
    North Liberty, IA
    North Liberty, IA
    05/25/2021
    05/25/2021
    $43,890
    $43,890
    05/25/2021
    Work From Home
    Work From Home
    Bsa/Fraud Specialist I
    Bsa/Fraud Specialist I
    Bsa/Fraud Specialist I
    Mona, IA
    Mona, IA
    05/22/2021
    05/22/2021
    $39,152
    $39,152
    05/22/2021
    Bilingual Fraud Specialist
    Bilingual Fraud Specialist
    Phoenix, AZ
    Phoenix, AZ
    05/15/2021
    05/15/2021
    $41,740
    $41,740
    05/15/2021
    Fraud Specialist
    Fraud Specialist
    Phoenix, AZ
    Phoenix, AZ
    05/15/2021
    05/15/2021
    $41,740
    $41,740
    05/15/2021
    Bsa/Fraud Specialist I
    Bsa/Fraud Specialist I
    North Liberty, IA
    North Liberty, IA
    05/06/2021
    05/06/2021
    $39,152
    $39,152
    05/06/2021
    Bsa/Fraud Specialist I
    Bsa/Fraud Specialist I
    North Liberty, IA
    North Liberty, IA
    05/06/2021
    05/06/2021
    $39,152
    $39,152
    05/06/2021
    State of Oklahoma
    State of Oklahoma
    Fraud Specialist II
    Fraud Specialist II
    Fraud Specialist II
    Oklahoma City, OK
    Oklahoma City, OK
    01/21/2021
    01/21/2021
    $46,367
    $46,367
    01/21/2021

    Average Fraud Specialist Salary by Demographic

    Fraud Specialist Gender Pay Gap

    male-income
    Male Income
    $33,820
    female-income
    Female Income
    $32,186
    Median Fraud Specialist Income by Race
    Asian fraud specialists have the highest average salary compared to other ethnicities. Black or african american fraud specialists have the lowest average salary at $31,830.
    $36,000
    $35,000
    $34,000
    $33,000
    $32,000
    $31,000
    White
    Black or African American
    Asian
    Unknown
    Hispanic or Latino
    Ethnicityascdesc
    Salaryascdesc
    White$33,195
    Black or African American$31,830
    Asian$34,939
    Unknown$33,056
    Hispanic or Latino$31,994
    Average Fraud Specialist Salary by Education Level
    Fraud specialists with a Doctorate degree earn more than those without, at $39,339 annually. With a Masters degree, fraud specialists earn a median annual income of $36,599 compared to $32,186 for fraud specialists with an Bachelors degree.
    $41,000
    $39,000
    $37,000
    $35,000
    $33,000
    $31,000
    $29,000
    Some College/ Associate Degree
    Bachelor's Degree
    Master's Degree
    Doctorate Degree
    Educationascdesc
    Salaryascdesc
    Some College/ Associate Degree$30,012
    Bachelor's Degree$32,186
    Master's Degree$36,599
    Doctorate Degree$39,339