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Best states for a Risk Analyst
Quoted Expert
Karyl Leggio Ph.D.
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Job opportunities vary from state to state, and business and financial careers are no different. Because we know how difficult it can be to know which states are the best when it comes to risk analyst jobs, we decided to crunch some numbers to bring you the best states for risk analysts.Turns out, the median salary for the highest 10% of risk analysts in America is $112,000.
To that end, we dove into our dataset of job and salary numbers to figure out which states have the best opportunities for risk analysts. New York is the best state for risk analysts, where the median salary is $95,835.If you are currently seeking employment as a risk analyst, you can find open job positions using Zippia's search tools.
10 best states for risk analysts in 2025
1. New York
Total Risk Analyst Jobs: 2,745 Average Annual Salary: $95,835 Lowest 10 Percent Earn: $68,000 Highest 10 Percent Earn: $133,000 Location Quotient: 1.662. Connecticut
Total Risk Analyst Jobs: 447 Average Annual Salary: $98,891 Lowest 10 Percent Earn: $71,000 Highest 10 Percent Earn: $137,000 Location Quotient: 1.043. Delaware
Total Risk Analyst Jobs: 269 Average Annual Salary: $88,884 Lowest 10 Percent Earn: $63,000 Highest 10 Percent Earn: $123,000 Location Quotient: 1.664. Massachusetts
Total Risk Analyst Jobs: 1,426 Average Annual Salary: $90,275 Lowest 10 Percent Earn: $65,000 Highest 10 Percent Earn: $124,000 Location Quotient: 1.25. New Jersey
Total Risk Analyst Jobs: 1,068 Average Annual Salary: $92,352 Lowest 10 Percent Earn: $66,000 Highest 10 Percent Earn: $128,000 Location Quotient: 1.046. California
Total Risk Analyst Jobs: 4,156 Average Annual Salary: $94,126 Lowest 10 Percent Earn: $66,000 Highest 10 Percent Earn: $132,000 Location Quotient: 1.17. Virginia
Total Risk Analyst Jobs: 2,092 Average Annual Salary: $82,176 Lowest 10 Percent Earn: $59,000 Highest 10 Percent Earn: $114,000 Location Quotient: 1.728. Maryland
Total Risk Analyst Jobs: 1,179 Average Annual Salary: $85,400 Lowest 10 Percent Earn: $61,000 Highest 10 Percent Earn: $119,000 Location Quotient: 1.449. Pennsylvania
Total Risk Analyst Jobs: 1,243 Average Annual Salary: $88,356 Lowest 10 Percent Earn: $63,000 Highest 10 Percent Earn: $123,000 Location Quotient: 0.8310. District of Columbia
Total Risk Analyst Jobs: 785 Average Annual Salary: $85,557 Lowest 10 Percent Earn: $61,000 Highest 10 Percent Earn: $119,000 Location Quotient: 3.62
Risk Analyst JobsNear Ashburn, VA
How Zippia determines the best states to be a risk analyst
You can read about how the best state rankings are calculated here.
Detailed list of the best states for a risk analyst
| Rank | State | Average Salary | Lowest 10% Earn | Population | Job Count |
|---|---|---|---|---|---|
| 1 | New York | $95,835 | $68,000 | 19,849,399 | 2,745 |
| 2 | Connecticut | $98,891 | $71,000 | 3,588,184 | 447 |
| 3 | Delaware | $88,884 | $63,000 | 961,939 | 269 |
| 4 | Massachusetts | $90,275 | $65,000 | 6,859,819 | 1,426 |
| 5 | New Jersey | $92,352 | $66,000 | 9,005,644 | 1,068 |
| 6 | California | $94,126 | $66,000 | 39,536,653 | 4,156 |
| 7 | Virginia | $82,176 | $59,000 | 8,470,020 | 2,092 |
| 8 | Maryland | $85,400 | $61,000 | 6,052,177 | 1,179 |
| 9 | Pennsylvania | $88,356 | $63,000 | 12,805,537 | 1,243 |
| 10 | District of Columbia | $85,557 | $61,000 | 693,972 | 785 |
| 11 | Vermont | $82,637 | $59,000 | 623,657 | 91 |
| 12 | Rhode Island | $78,526 | $56,000 | 1,059,639 | 155 |
| 13 | Washington | $79,362 | $55,000 | 7,405,743 | 970 |
| 14 | Ohio | $79,524 | $56,000 | 11,658,609 | 1,064 |
| 15 | New Hampshire | $81,162 | $58,000 | 1,342,795 | 163 |
| 16 | North Carolina | $74,424 | $53,000 | 10,273,419 | 1,193 |
| 17 | Arizona | $73,597 | $53,000 | 7,016,270 | 760 |
| 18 | Nevada | $75,934 | $53,000 | 2,998,039 | 226 |
| 19 | Maine | $75,900 | $54,000 | 1,335,907 | 144 |
| 20 | West Virginia | $79,318 | $56,000 | 1,815,857 | 94 |
| 21 | Illinois | $71,614 | $51,000 | 12,802,023 | 1,770 |
| 22 | Michigan | $74,193 | $52,000 | 9,962,311 | 786 |
| 23 | Alaska | $72,701 | $56,000 | 739,795 | 98 |
| 24 | Texas | $69,411 | $50,000 | 28,304,596 | 2,569 |
| 25 | Oregon | $71,329 | $50,000 | 4,142,776 | 533 |
| 26 | Wisconsin | $72,517 | $52,000 | 5,795,483 | 491 |
| 27 | Hawaii | $69,647 | $55,000 | 1,427,538 | 138 |
| 28 | Georgia | $65,991 | $48,000 | 10,429,379 | 1,179 |
| 29 | Utah | $63,590 | $45,000 | 3,101,833 | 395 |
| 30 | Indiana | $64,863 | $47,000 | 6,666,818 | 619 |
| 31 | Missouri | $67,522 | $49,000 | 6,113,532 | 588 |
| 32 | Wyoming | $62,981 | $45,000 | 579,315 | 70 |
| 33 | Iowa | $64,729 | $47,000 | 3,145,711 | 314 |
| 34 | Minnesota | $62,946 | $45,000 | 5,576,606 | 811 |
| 35 | Kentucky | $64,003 | $46,000 | 4,454,189 | 310 |
| 36 | Colorado | $61,381 | $44,000 | 5,607,154 | 883 |
| 37 | Alabama | $62,146 | $46,000 | 4,874,747 | 413 |
| 38 | Nebraska | $60,674 | $44,000 | 1,920,076 | 250 |
| 39 | Idaho | $61,921 | $43,000 | 1,716,943 | 168 |
| 40 | Tennessee | $61,017 | $44,000 | 6,715,984 | 539 |
| 41 | New Mexico | $62,706 | $45,000 | 2,088,070 | 168 |
| 42 | North Dakota | $57,520 | $41,000 | 755,393 | 113 |
| 43 | South Carolina | $61,948 | $45,000 | 5,024,369 | 329 |
| 44 | Arkansas | $60,355 | $44,000 | 3,004,279 | 237 |
| 45 | Florida | $57,225 | $43,000 | 20,984,400 | 1,773 |
| 46 | Montana | $57,045 | $40,000 | 1,050,493 | 120 |
| 47 | South Dakota | $57,027 | $41,000 | 869,666 | 97 |
| 48 | Kansas | $57,738 | $42,000 | 2,913,123 | 274 |
| 49 | Louisiana | $58,434 | $43,000 | 4,684,333 | 201 |
| 50 | Mississippi | $57,485 | $42,000 | 2,984,100 | 158 |
| 51 | Oklahoma | $57,423 | $41,000 | 3,930,864 | 206 |
Highest paying states for risk analysts
| Rank | State | Avg. Risk Analyst Salary |
|---|---|---|
| 1 | New York | $95,835 |
| 2 | Connecticut | $98,891 |
| 3 | Delaware | $88,884 |
| 4 | Massachusetts | $90,275 |
| 5 | New Jersey | $92,352 |
| 6 | California | $94,126 |
| 7 | Virginia | $82,176 |
| 8 | Maryland | $85,400 |
| 9 | Pennsylvania | $88,356 |
| 10 | District of Columbia | $85,557 |
| 11 | Vermont | $82,637 |
| 12 | Rhode Island | $78,526 |
| 13 | Washington | $79,362 |
| 14 | Ohio | $79,524 |
| 15 | New Hampshire | $81,162 |
| 16 | North Carolina | $74,424 |
| 17 | Arizona | $73,597 |
| 18 | Nevada | $75,934 |
| 19 | Maine | $75,900 |
| 20 | West Virginia | $79,318 |
| 21 | Illinois | $71,614 |
| 22 | Michigan | $74,193 |
| 23 | Alaska | $72,701 |
| 24 | Texas | $69,411 |
| 25 | Oregon | $71,329 |
| 26 | Wisconsin | $72,517 |
| 27 | Hawaii | $69,647 |
| 28 | Georgia | $65,991 |
| 29 | Utah | $63,590 |
| 30 | Indiana | $64,863 |
| 31 | Missouri | $67,522 |
| 32 | Wyoming | $62,981 |
| 33 | Iowa | $64,729 |
| 34 | Minnesota | $62,946 |
| 35 | Kentucky | $64,003 |
| 36 | Colorado | $61,381 |
| 37 | Alabama | $62,146 |
| 38 | Nebraska | $60,674 |
| 39 | Idaho | $61,921 |
| 40 | Tennessee | $61,017 |
| 41 | New Mexico | $62,706 |
| 42 | North Dakota | $57,520 |
| 43 | South Carolina | $61,948 |
| 44 | Arkansas | $60,355 |
| 45 | Florida | $57,225 |
| 46 | Montana | $57,045 |
| 47 | South Dakota | $57,027 |
| 48 | Kansas | $57,738 |
| 49 | Louisiana | $58,434 |
| 50 | Mississippi | $57,485 |
| 51 | Oklahoma | $57,423 |
Expert opinions on the best states for risk analysts
Are there any particularly good places in the United States for Risk Analysts to find work opportunities?
Karyl Leggio Ph.D.
Professor of Finance, Loyola University Maryland
Many students think of finance and think of Wall Street. There certainly are opportunities in New York and Chicago, but I urge students to broaden their search. In finding your first career opportunity, treat it as if it is a three-credit course, and put that amount of time into job searching each week. I don't think of job hunting as where to search but of how to search. Develop a strong LinkedIn profile, and post articles to your page; look at firms in your area, consider firms in cities that are growing; access your alumni network; network with family and friends. Don't limit your search to a handful of firms. In this economy, you need to cast a broad net and be open to opportunities that present themselves. Apply broadly, and be open-minded.
Risk Analyst best states FAQs
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Updated January 8, 2025