SOC 13-2054 · Davenport-Moline-Rock Island, IA-IL metro

Financial Risk Specialists Salary in Davenport, IA

The average salary for financial risk specialists in Davenport, Iowa is $94,580 a year ($45.47 an hour), according to BLS estimates for May 2025. The median is $91,880: half of the 30 people in this job in the Davenport-Moline-Rock Island, IA-IL metro area earn more than that, half earn less. That average is 24% less than the U.S. average for this job ($124,420).

$94,580average per year

$45.47 / hourMedian $91,880Take-home ≈ $72,385

  • $59K10th
  • $71K25th
  • $92KMedian
  • $109K75th
  • $138K90th

median average · bar = middle 50% of workers · how to read it

30people in this job
-24%vs U.S. average
#3 of 3Iowa metros
89cost of living (U.S. = 100)
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Financial Risk Specialists pay range in Davenport

New workers and the lowest-paid 10% earn about $58,760 a year or less, while the top 10% make $137,600 or more. The middle half of financial risk specialists in Davenport earn between $70,860 and $109,010.

  • $59K10th
  • $71K25th
  • $92KMedian
  • $109K75th
  • $138K90th

median average · bar = middle 50% of workers · how to read it

Pay levelPer yearPer monthPer hour*
Average$94,580$7,882$45.47
Median$91,880$7,657$44.17
Entry level (25th percentile)$70,860$5,905$34.07
Experienced (75th percentile)$109,010$9,084$52.41

*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.

Financial Risk Specialists pay in Davenport vs. Iowa and the U.S.

Financial risk specialists in Davenport earn 18% less than the Iowa average ($115,590) and 24% less than the U.S. average ($124,420). At the median the gap is -22% against the U.S. median of $117,330.

AreaAverageMedian10th pct.90th pct.Jobs
Davenport$94,580$91,880$58,760$137,60030
Iowa$115,590$105,680$71,230$167,770530
United States$124,420$117,330$64,820$196,11063,850

State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.

Financial Risk Specialists salary after taxes in Davenport

On the average salary of $94,580, a single filer in Davenport takes home about $72,385 a year, or $6,032 a month and $2,784 every two weeks. Taxes take 23% of gross pay.

The Davenport-Moline-Rock Island, IA-IL metro area crosses state lines, so take-home pay depends on the state where you work:

StatePer yearPer month
Working in IA$72,385$6,032
Working in IL$70,826$5,902

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Iowa school district surtaxes (a percentage of state tax in some districts) are not included.

Iowa paycheck calculator: try your own salary

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Is Davenport a good place for financial risk specialists? Pay vs. cost of living

Prices in the Davenport area are 11% below the U.S. average (BEA price parity 89.1), so the average $94,580 buys what about $106,175 would buy in a typical U.S. metro. This job pays 1.9 times the median wage of all jobs in Davenport ($48,550). A typical home costs $195,380, or 2.1 years of this average salary before tax.

See what $94,580 is worth in another city

Financial Risk Specialists salary in other Iowa cities

Davenport ranks 3rd of 3 Iowa metro areas for this job; Des Moines pays the most ($120,690).

All Financial Risk Specialists salaries in Iowa

Highest-paying cities for financial risk specialists

San Jose, CA pays this job the most of the metro areas we cover ($162,550).

Financial Risk Specialists salary by city

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Reviewed before it counts. Financial Risk Specialists in Davenport, IA.

Financial Risk Specialists salary in Davenport: questions

How much do financial risk specialists make an hour in Davenport?

$45.47 an hour on average, and $44.17 at the median (BLS, May 2025).

What is the entry-level financial risk specialists salary in Davenport?

The lowest-paid 10% earn about $58,760 a year and the 25th percentile is $70,860, a fair guide to starting pay.

What is the financial risk specialists take-home pay in Davenport?

About $72,385 a year ($6,032 a month) for a single filer on the average salary of $94,580. Iowa school district surtaxes (a percentage of state tax in some districts) are not included.

Do financial risk specialists earn more in Davenport than elsewhere?

The average here is 24% less than the U.S. average for this job ($124,420).

Sources and how to read this page

  • Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2054; area Davenport-Moline-Rock Island, IA-IL (19340). Relative standard error of the mean wage: 3.5%.
  • U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
  • Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
  • Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
  • Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Iowa school district surtaxes (a percentage of state tax in some districts) are not included.
  • Job concentration: location quotient 0.47, this job is less common than in the U.S. overall (location quotient 0.47).

Read the full methodology. Spotted an error? Tell us.