Average Risk Analyst Salary in Washington D.C., United States for 2025

In this article, we will look at the average Risk Analyst salary for 2025 in Washington D.C. and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does a Risk Analyst Make in Washington D.C.?

A Risk Analyst working in Washington D.C. will typically earn around 112,700 USD per year, and this can range from the lowest average salary of about 59,000 USD to the highest average salary of 171,300 USD.

Average Annual Salary112,700 USD
Average Monthly Salary9,391 USD
Average Lowest Salary59,000 USD
Lowest Monthly Salary4,916 USD
Average Highest Salary171,300 USD
Highest Monthly Salary14,275 USD

These are average salaries for a Risk Analyst in Washington D.C. and include benefits such as housing and transport. It's also possible for a Risk Analyst to earn more or less than the average salaries shown above.

Risk Analyst salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Risk Analyst Salaries in Washington D.C.

So we've looked at the average salaries a Risk Analyst will earn in Washington D.C.. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Risk Analyst can earn between 59,000 USD and 171,300 USD on average in Washington D.C.. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Risk Analyst in Washington D.C. is 107,700 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 107,700 USD, and 50% of the population earn more than 107,700 USD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Risk Analyst salary in Washington D.C., 25% of the population are earning less than 74,100 USD while 75% of the population earn more than 74,100 USD.

75% of the population earn less than 134,100 USD, and 25% of the population earn more than 134,100 USD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Risk Analyst Salary by Experience Level in Washington D.C.

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Risk Analyst salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Risk Analyst in Washington D.C. that has less than two years of experience can expect to earn somewhere in the region of 66,700 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Risk Analyst salary would increase to 90,600 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Risk Analyst, the average salary would be 116,400 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 141,000 USD.
  • 15 - 20 Years Experience. A Risk Analyst with 15 to 20 years of experience can earn an average of 152,900 USD.
  • 20+ Years Experience. For a Risk Analyst with more than 20 years, the expected average salary increases to 160,700 USD.

Average Salary by Experience Chart

0-2 Years-
66,700 USD
2-5 Years+34%
90,600 USD
5-10 Years+30%
116,400 USD
10-15 Years+21%
141,000 USD
15-20 Years+9%
152,900 USD
20+ Years+5%
160,700 USD

Risk Analyst Salary by Education Level in Washington D.C.

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Risk Analyst in Washington D.C. based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Risk Analyst in Washington D.C. with a bachelor's degree education can earn an average salary of 91,700 USD.
  • Master's Degree. A Risk Analyst in Washington D.C. with a master's degree education can earn an average salary of 130,500 USD.

Average Salary by Education Chart

Bachelor's Degree-
91,700 USD
Master's Degree+39%
130,500 USD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in United States is around 39,500 to 118,000 USD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Risk Analyst Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Washington D.C., a male risk analyst will earn an average of 108,200 USD, while a female risk analyst will earn around 105,800 USD.

This means that a male risk analyst earns approximately 2% more than a female risk analyst for performing the same job.

Average Salary by Gender Chart in Washington D.C.

Male-
108,200 USD
Female-2%
105,800 USD

Risk Analyst Average Pay Raise in Washington D.C.

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Risk Analyst in Washington D.C. is around 11% every 17 months.

The national average pay raise across all professions and industries in United States is around 8% every 16 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 11 ÷ 17 ) × 12  = 8%

What this means is that a Risk Analyst in Washington D.C. can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Washington D.C. for 2025

In the chart below, you can see the average annual pay raise percentages for each of the major industries in United States.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
4%
Energy-
8%
Information Technology-
3%
Healthcare-
7%
Travel-
2%
Construction-
6%
Education-
1%

Risk Analyst Bonus and Incentive Rates in Washington D.C.

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Risk Analyst is a moderate bonus based job, with 58% of employees reporting at least one bonus in the last 12 months.

42% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.

Received Bonus-
58%
No Bonus-
42%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in United States earn approximately 6% more than private sector employees in the same role.

Public Sector-
98,800 USD
Private Sector-6%
93,100 USD

Salaries for Jobs Similar to a Risk Analyst

In the table below, we have salary information for jobs that are similar to a Risk Analyst in Washington D.C..

Job TitleCategorySalary
Actuarial AnalystInsurance130,400 USD
Actuarial AssistantInsurance94,000 USD
Actuarial SpecialistInsurance89,400 USD
ActuaryInsurance134,700 USD
Adjustment Insurance ClerkInsurance35,500 USD
Assistant BrokerInsurance61,600 USD
Assistant Claims ManagerInsurance107,300 USD
Associate Insurance RepresentativeInsurance46,900 USD
Auditing Insurance ManagerInsurance148,300 USD
BrokerInsurance100,700 USD
Claim Advocacy ProfessionalInsurance95,200 USD
Claims AdjusterInsurance39,500 USD
Claims AnalystInsurance49,300 USD
Claims ExaminerInsurance52,300 USD
Claims ManagerInsurance140,200 USD
Claims ProcessorInsurance33,000 USD
Claims RepresentativeInsurance45,000 USD
Claims Resolution SpecialistInsurance107,300 USD
Claims SupervisorInsurance95,000 USD
Complaints SpecialistInsurance83,100 USD
Compliance ExaminerInsurance94,900 USD
Compliance OfficerInsurance78,700 USD
Compliance ReviewerInsurance84,800 USD
ConsultantInsurance100,100 USD
Eligibility InterviewerInsurance97,600 USD
Eligibility SpecialistInsurance98,900 USD
Insurance Account ManagerInsurance124,500 USD
Insurance Accounts ExecutiveInsurance105,200 USD
Insurance AdjusterInsurance90,000 USD
Insurance AgentInsurance57,100 USD
Insurance AnalystInsurance88,500 USD
Insurance AppraiserInsurance93,600 USD
Insurance Claims ClerkInsurance35,000 USD
Insurance ExaminerInsurance90,900 USD
Insurance InvestigatorInsurance86,600 USD
Insurance ManagerInsurance163,500 USD
Insurance Operations ManagerInsurance158,900 USD
Insurance Policy Processing ClerkInsurance36,600 USD
Insurance Pricing AssistantInsurance73,100 USD
Insurance Program ManagerInsurance132,000 USD
Insurance Project ManagerInsurance127,700 USD
Insurance Quality Assurance AgentInsurance87,000 USD
Insurance Sales AgentInsurance59,800 USD
Insurance Sales DirectorInsurance165,900 USD
Insurance Sales ManagerInsurance130,500 USD
Insurance Sales RepresentativeInsurance51,300 USD
Insurance Team LeaderInsurance98,800 USD
Insurance UnderwriterInsurance71,800 USD
Loss Control SpecialistInsurance94,300 USD
Loss Prevention InvestigatorInsurance102,700 USD
Loss Prevention ManagerInsurance134,100 USD
Loss Prevention SpecialistInsurance100,700 USD
Marine UnderwriterInsurance72,800 USD
Medical AuditorInsurance96,400 USD
Monitoring and Performance OfficerInsurance65,900 USD
Payment Services SpecialistInsurance100,100 USD
Policy Change DirectorInsurance146,900 USD
Policy Change SupervisorInsurance105,800 USD
Policy Change TechnicianInsurance49,700 USD
Risk Management DirectorInsurance192,600 USD
Risk Management SupervisorInsurance116,400 USD
Risk ManagerInsurance175,100 USD
Risk Modeling ManagerInsurance183,900 USD
Title Insurance TypistInsurance82,300 USD
Training ManagerInsurance107,700 USD

Salary Comparison by City

If you want to compare salaries with different cities in United States, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Atlanta106,450 USD
Austin119,700 USD
Baltimore107,450 USD
Boston111,400 USD
Bristol88,450 USD
Chicago125,350 USD
Cincinnati95,800 USD
Cleveland93,300 USD
Dallas119,850 USD
Denver110,450 USD
Detroit114,600 USD
Honolulu89,900 USD
Houston129,050 USD
Indianapolis115,800 USD
Iowa City90,450 USD
Jacksonville118,350 USD
Kansas City102,750 USD
Kent89,850 USD
Las Vegas109,950 USD
Long Beach100,900 USD
Los Angeles128,250 USD
Memphis111,100 USD
Miami102,600 USD
Minneapolis98,900 USD
New Orleans99,150 USD
New York131,450 USD
Oakland100,050 USD
Oklahoma City106,700 USD
Orlando91,500 USD
Philadelphia124,200 USD
Phoenix125,700 USD
Sacramento108,700 USD
San Antonio121,800 USD
San Diego121,350 USD
San Francisco113,800 USD
San Jose121,350 USD
Seattle113,500 USD
Tampa95,850 USD
Vancouver93,100 USD

Salary Comparison by State

The table below includes links to the average salary for each state in United States.

StateAverage Salary
Alabama112,200 USD
Alaska98,050 USD
Arizona111,400 USD
Arkansas108,950 USD
California120,050 USD
Colorado108,600 USD
Connecticut108,150 USD
Delaware100,800 USD
District of Columbia96,750 USD
Florida116,350 USD
Georgia121,750 USD
Hawaii106,250 USD
Idaho100,200 USD
Illinois119,400 USD
Indiana115,700 USD
Iowa108,350 USD
Kansas103,250 USD
Kentucky107,400 USD
Louisiana114,600 USD
Maine101,350 USD
Maryland114,550 USD
Massachusetts109,700 USD
Michigan120,050 USD
Minnesota113,500 USD
Mississippi102,700 USD
Missouri112,700 USD
Montana99,100 USD
Nebraska102,700 USD
Nevada106,200 USD
New Hampshire97,250 USD
New Jersey119,700 USD
New Mexico102,450 USD
New York120,050 USD
North Carolina112,700 USD
North Dakota96,150 USD
Ohio121,700 USD
Oklahoma105,800 USD
Oregon111,400 USD
Pennsylvania118,950 USD
Rhode Island98,250 USD
South Carolina111,300 USD
South Dakota99,400 USD
Tennessee114,950 USD
Texas118,700 USD
Utah103,050 USD
Vermont99,000 USD
Virginia116,750 USD
Washington116,000 USD
West Virginia97,650 USD
Wisconsin114,450 USD
Wyoming99,300 USD

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