SOC 13-2054

Risk Management Specialist Salary in Fargo, ND-MN (2026)

Data updated · Sources: BLS OEWS May 2025, HUD FY 2027 Fair Market Rents, EPI 2026 Family Budget, 2026 tax tables · Methodology

Tax Tables: 2026 Fed + ND
COL Index: 86.25 (-13.8% vs US)
Net Compensation Yield 77.0% Realized
$59,227 / net annual direct deposit
Gross Adjusted $76,940 $36.99/hr
Effective Tax Drag 17.02% Combined Jurisdictions
Marginal Top Bracket 22% Federal Statutory
Total Withheld -$13,097 $503.72/check
Category 1 of 6

Wage Benchmarking & After-Tax Paycheck Engine

Dynamic statutory tax calculations based on IRS Publication 15-T and state statutory schedules.

$
2,080 annual statutory base hours $36.99 / hour
0 hrs/wk (+$0/yr)
0 hrs (Standard) 10 hrs OT 20 hrs OT 25 hrs Max
6% (-$4,616/yr)
0% Tax Shield: ~$1,016/yr 15% (IRS limit: $24,500)
Itemized Statutory Withholdings Ledger
Federal Income Tax (IRS)
Progressive 10%–37%
-$7,081
Social Security (FICA OASDI)
Statutory 6.20% (Cap $184,500)
-$4,770
Medicare Hospital Insurance
Statutory 1.45%
-$1,116
North Dakota Individual Income Tax
State Marginal Bracket
-$130
Net Take-Home Annual Realized
$59,227 ($2,277.96 / check)
Category 2 of 6

Fargo, ND-MN Risk Management Specialist Wage Distribution

Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) Percentiles & Career Ladders

Your Salary: $76,940
MIDDLE 50% (IQR RANGE) 10th $59.6k 25th $63.8k Median: $76,940 50th (Median) $76.9k 75th $98.9k 90th $150k You: $76,940
10th (Entry) $59,560 $28.63/hr
25th (Junior) $63,800 $30.67/hr
50th (Median) $76,940 $36.99/hr
75th (Senior) $98,900 $47.55/hr
90th (Lead/Master) $150,010 $72.12/hr
Career Progression & Licensing Milestones for Risk Management Specialist in Fargo, ND-MN
1
Junior Risk AnalystFinancial modeling, risk metric calculations (VaR), portfolio analysis
$47,215$22.70/hr · 0-2 Years
2
Risk Management SpecialistCredit risk, market risk modeling, regulatory reporting (Basel/Dodd-Frank)
$70,822$34.05/hr · 2-5 Years
3
Senior Risk ManagerEnterprise risk frameworks, capital stress testing, counterparty hedging
$95,741$46.03/hr · 5-8 Years
4
Head of Risk GovernanceBoard risk committee reporting, institutional risk appetite governance
$123,282$59.27/hr · 8+ Years
Adjacent Career Pivots & National Pay Differences
Financial Managers+$49,240/yr
National median: $166,570
Skill overlap: 97%View Salary
Personal Financial Advisors-$12,260/yr
National median: $105,070
Skill overlap: 97%
Financial Specialists, All Other-$36,230/yr
National median: $81,100
Skill overlap: 92%
Management Analysts-$15,470/yr
National median: $101,860
Skill overlap: 91%View Salary
Category 3 of 6

HUD Fair Market Rent & EPI Living Wage Affordability Index

Evaluating housing affordability vs. net take-home pay in Fargo, ND-MN under the HUD 30% housing cost guideline.

Rent-to-Take-Home Ratio (HUD 30% Standard)
18% of Net Income
✓ Passes 30% Housing Affordability Standard
HUD Fair Market Rent (1-Bedroom) $903/month Requires minimum annual gross of $36,120
HUD Fair Market Rent (2-Bedroom) $1,104/month Requires minimum annual gross of $44,160
Hourly Living Wage Benchmark (EPI model)
1 Adult Earner: $19.07/hr
Per adult, 2 working adults + 1 child: $18.48/hr
Category 4 of 6

Hourly Wage to Annual & Overtime Matrix

Translating base hourly pay and 1.5× overtime into net take-home pay based on 2,080 annual work hours in Fargo, ND-MN.

Swipe horizontally to inspect full pay schedule
Schedule Total Hours/Wk Gross Annual Est. Taxes Net Take-Home Bi-Weekly Check
Standard (40 hrs)40 hrs$76,940-$13,097$59,227$2,277.96
+5h Overtime/Wk45 hrs$91,366-$17,448$68,436$2,632.16
+10h Overtime/Wk50 hrs$105,793-$21,800$77,645$2,986.36
+15h Overtime/Wk55 hrs$120,219-$26,151$86,855$3,340.57
+20h Overtime/Wk60 hrs$134,645-$30,598$95,969$3,691.10
Category 5 of 6

Interstate MSA Relocation & State Tax Migration Comparator

Calculate required compensation, cost-of-living differences, and annual state/local tax savings between two metropolitan areas.

Equivalent Salary in Austin, TX $83,505 Cost of Living Ratio: 69.6%
Annual State & Local Tax Delta +$8,331/yr Tax savings in Austin-Round Rock-San Marcos, TX
Annual Rent Difference (1BR) -$17,676/yr Based on HUD Fair Market Rents
Net Discretionary Cash Flow Impact

Combining state tax savings and annual rent variance when relocating from San Francisco-Oakland-Fremont, CA to Austin-Round Rock-San Marcos, TX.

+$26,007/year
Category 6 of 6 · Executive Economic Briefing
2026 Fiscal Intelligence

Risk Management Specialist in Fargo, ND-MN: Compensation & Purchasing Power Briefing (2026)

Estimates compiled from BLS OEWS wages, IRS 2026 withholding rules, HUD Fair Market Rents, and North Dakota tax codes.

Market Baseline
$76,940/yr
$36.99/hr · SOC 13-2054
Statutory Tax Drag
17.02% Effective
-$13,097 in Total Taxes
HUD 1BR Shelter Ratio
18% Net Pay
✓ Passes 30% HUD Rule
Monthly Discretionary
+$4,033/mo
Post-$903/mo 1BR Rent

Key Economic & Compensation Takeaways

Statutory Withholding Architecture

Frequently Asked Questions

Verified Government Data Sources & Statutory Attribution

Wages sourced from US Bureau of Labor Statistics (BLS OEWS). Rents calibrated to HUD Fair Market Rents. Tax schedules calibrated to IRS IRC Title 26, IRS Pub 15-T, and state statutory revenue codes.

BLS OEWS May 2025 HUD FY2027 FMR IRS 15-T
Metro Pay Comparison SOC 13-2054
2026 Statutory Thresholds
  • Federal Standard Deduction (Single) $16,100
  • FICA OASDI Wage Base Cap $184,500
  • Pre-Tax 401(k) Elective Deferral $24,500
  • HSA Individual Annual Limit $4,400

Risk Management Specialist in Fargo, ND-MN: Market Snapshot

Risk Management Specialist roles in Fargo, ND-MN report a median annual wage of $76,940, 34.4% below the national median of $117,330. The 10th to 90th percentile band runs from $59,560 to $150,010, and HUD’s $903 monthly one-bedroom fair market rent equals 14.1% of that median gross pay. The single-adult living wage benchmark for the area is $19.07 per hour.

Highest-paying metropolitan areas for Risk Management Specialist

Metropolitan areaMedian annual wageVs this market
San Francisco-Oakland-Fremont, CA$167,440+117.6%
San Jose-Sunnyvale-Santa Clara, CA$166,240+116.1%
New York-Newark-Jersey City, NY-NJ$139,670+81.5%
Seattle-Tacoma-Bellevue, WA$134,330+74.6%
Charlotte-Concord-Gastonia, NC-SC$133,530+73.6%
Boston-Cambridge-Newton, MA-NH$132,580+72.3%
Bridgeport-Stamford-Danbury, CT$132,480+72.2%
Winston-Salem, NC$131,630+71.1%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD$130,880+70.1%
Washington-Arlington-Alexandria, DC-VA-MD-WV$126,510+64.4%

Top-paying occupations benchmarked in Fargo, ND-MN

OccupationMedian annual wageMedian hourly
Chief Executives$188,510$90.63/hr
Computer and Information Systems Managers$152,990$73.55/hr
Human Resources Managers$144,450$69.45/hr
Architectural and Engineering Managers$141,990$68.26/hr
Financial Manager$136,970$65.85/hr
Physician Assistant$136,610$65.68/hr
Nurse Practitioner$130,070$62.53/hr
Marketing Managers$126,790$60.96/hr
Public Relations Managers$121,370$58.35/hr
Sales Managers$119,990$57.69/hr

Wage data: U.S. Bureau of Labor Statistics OEWS May 2025, 121 metropolitan areas publishing this occupation; HUD FY2027 Fair Market Rents; EPI Family Budget Calculator. Taxes use 2026 federal and state rules. Data last updated .

Regional Labor Market & Career Mobility Network

Explore adjacent occupations and neighboring metropolitan wage benchmarks for peer compensation analysis.

Risk Management Specialist Salary in Fargo, ND-MN (2026) Overview

Risk Management Specialist median pay in Fargo, ND-MN is $76,940 a year ($36.99/hr). See take-home pay after 2026 taxes, BLS wage percentiles, HUD rents. Official 2026 economic data for Risk Management Specialist in Fargo, ND-MN compiled from Bureau of Labor Statistics OEWS surveys, HUD Fair Market Rents, and statutory tax codes.

Quick answers
What is the median salary for a Risk Management Specialist in Fargo, ND-MN?

The median annual wage is $76,940 ($36.99 per hour). The middle 80% of earners make between $59,560 and $150,010. Source: BLS OEWS (May 2025).

What is the take-home pay for a Risk Management Specialist in Fargo, ND-MN after taxes?

On the median wage of $76,940, a single filer with no pre-tax deductions takes home about $62,738 a year ($5,228 a month) after $14,202 in federal, FICA, state and local taxes, an effective rate of 18.46%, using 2026 tax rules.