SOC 13-2054

Risk Management Specialist Salary in Salt Lake City-Murray, UT

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 + UT
COL Index: 119.45 (+19.5% vs US)
Net Compensation Yield 72.6% Realized
$58,954 / net annual direct deposit
Gross Adjusted $81,240 $39.06/hr
Effective Tax Drag 21.43% Combined Jurisdictions
Marginal Top Bracket 22% Federal Statutory
Total Withheld -$17,412 $669.68/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 $39.06 / hour
0 hrs/wk (+$0/yr)
0 hrs (Standard) 10 hrs OT 20 hrs OT 25 hrs Max
6% (-$4,874/yr)
0% Tax Shield: ~$1,072/yr 15% (IRS limit: $24,500)
Itemized Statutory Withholdings Ledger
Federal Income Tax (IRS)
Progressive 10%–37%
-$7,970
Social Security (FICA OASDI)
Statutory 6.20% (Cap $184,500)
-$5,037
Medicare Hospital Insurance
Statutory 1.45%
-$1,178
Utah Individual Income Tax
State Marginal Bracket
-$3,226
Net Take-Home Annual Realized
$58,954 ($2,267.46 / check)
Category 2 of 6

Salt Lake City-Murray, UT Risk Management Specialist Wage Distribution

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

Your Salary: $81,240
MIDDLE 50% (IQR RANGE) 10th $58.9k 25th $64.1k Median: $81,240 50th (Median) $81.2k 75th $103k 90th $137k You: $81,240
10th (Entry) $58,890 $28.31/hr
25th (Junior) $64,100 $30.82/hr
50th (Median) $81,240 $39.06/hr
75th (Senior) $102,820 $49.43/hr
90th (Lead/Master) $137,010 $65.87/hr
Career Progression & Licensing Milestones for Risk Management Specialist in Salt Lake City-Murray, UT
1
Junior Risk AnalystFinancial modeling, risk metric calculations (VaR), portfolio analysis
$49,853$23.97/hr · 0-2 Years
2
Risk Management SpecialistCredit risk, market risk modeling, regulatory reporting (Basel/Dodd-Frank)
$74,780$35.95/hr · 2-5 Years
3
Senior Risk ManagerEnterprise risk frameworks, capital stress testing, counterparty hedging
$101,091$48.60/hr · 5-8 Years
4
Head of Risk GovernanceBoard risk committee reporting, institutional risk appetite governance
$130,172$62.58/hr · 8+ Years
Scaled to the Salt Lake City-Murray, UT medianView National Risk Management Specialist Salary Data
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 Salt Lake City-Murray, UT under the HUD 30% housing cost guideline.

Rent-to-Take-Home Ratio (HUD 30% Standard)
27% of Net Income
✓ Passes 30% Housing Affordability Standard
HUD Fair Market Rent (1-Bedroom) $1,349/month Requires minimum annual gross of $53,960
HUD Fair Market Rent (2-Bedroom) $1,615/month Requires minimum annual gross of $64,600
Hourly Living Wage Benchmark (EPI model)
1 Adult Earner: $26.42/hr
Per adult, 2 working adults + 1 child: $23.79/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 Salt Lake City-Murray, UT.

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$81,240-$17,412$58,954$2,267.46
+5h Overtime/Wk45 hrs$96,473-$22,558$68,127$2,620.25
+10h Overtime/Wk50 hrs$111,705-$27,541$77,462$2,979.29
+15h Overtime/Wk55 hrs$126,938-$32,501$86,820$3,339.25
+20h Overtime/Wk60 hrs$142,170-$37,697$95,942$3,690.09
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 Salt Lake City-Murray, UT: Compensation & Purchasing Power Briefing (2026)

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

Market Baseline
$81,240/yr
$39.06/hr · SOC 13-2054
Statutory Tax Drag
21.43% Effective
-$17,412 in Total Taxes
HUD 1BR Shelter Ratio
27% Net Pay
✓ Passes 30% HUD Rule
Monthly Discretionary
+$3,564/mo
Post-$1,349/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 Salt Lake City-Murray, UT: Market Snapshot

Risk Management Specialist roles in Salt Lake City-Murray, UT report a median annual wage of $81,240, 30.8% below the national median of $117,330. The 10th to 90th percentile band runs from $58,890 to $137,010, and HUD’s $1,349 monthly one-bedroom fair market rent equals 19.9% of that median gross pay. The single-adult living wage benchmark for the area is $26.42 per hour.

Highest-paying metropolitan areas for Risk Management Specialist

Metropolitan areaMedian annual wageVs this market
San Francisco-Oakland-Fremont, CA$167,440+106.1%
San Jose-Sunnyvale-Santa Clara, CA$166,240+104.6%
New York-Newark-Jersey City, NY-NJ$139,670+71.9%
Seattle-Tacoma-Bellevue, WA$134,330+65.3%
Charlotte-Concord-Gastonia, NC-SC$133,530+64.4%
Boston-Cambridge-Newton, MA-NH$132,580+63.2%
Bridgeport-Stamford-Danbury, CT$132,480+63.1%
Winston-Salem, NC$131,630+62.0%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD$130,880+61.1%
Washington-Arlington-Alexandria, DC-VA-MD-WV$126,510+55.7%

Top-paying occupations benchmarked in Salt Lake City-Murray, UT

OccupationMedian annual wageMedian hourly
Chief Executives$190,400$91.54/hr
Computer and Information Systems Managers$160,810$77.31/hr
Architectural and Engineering Managers$160,250$77.04/hr
Financial Manager$158,720$76.31/hr
Sales Managers$143,930$69.20/hr
Compensation and Benefits Managers$140,940$67.76/hr
Marketing Managers$139,830$67.23/hr
Data Engineer$136,990$65.86/hr
Human Resources Managers$133,620$64.24/hr
Public Relations Managers$133,210$64.04/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 Salt Lake City-Murray, UT Overview

Risk Management Specialist median pay in Salt Lake City-Murray, UT is $81,240 a year ($39.06/hr). See take-home pay after 2026 taxes, BLS wage percentiles, HUD. Official 2026 economic data for Risk Management Specialist in Salt Lake City-Murray, UT 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 Salt Lake City-Murray, UT?

The median annual wage is $81,240 ($39.06 per hour). The middle 80% of earners make between $58,890 and $137,010. Source: BLS OEWS (May 2025).

What is the take-home pay for a Risk Management Specialist in Salt Lake City-Murray, UT after taxes?

On the median wage of $81,240, a single filer with no pre-tax deductions takes home about $62,473 a year ($5,206 a month) after $18,767 in federal, FICA, state and local taxes, an effective rate of 23.1%, using 2026 tax rules.