Risk Analyst Jobs in Syracuse, NY
Risk Analyst Salary in Syracuse
Risk Analyst salaries in Syracuse are in line with national averages, offering competitive compensation for the region.
Purchasing power in Syracuse is comparable to the national average, with salaries appropriately scaled to local costs.
Required Skills
Risk Analyst Job Market in Syracuse
Syracuse, NY is a specialized market with unique career opportunities for Risk Analyst professionals. Though smaller than coastal metros, Syracuse offers focused opportunities and often better work-life balance. While Education leads the local economy, there's growing demand for Risk Analyst roles across various sectors. The market for Risk Analyst positions remains stable, with opportunities in both established companies and growing organizations.
Top Companies Hiring Risk Analysts in Syracuse
Major employers hiring Risk Analysts in Syracuse include Local consulting firms, Regional professional services, National companies with local presence. The strong financial services presence creates consistent demand for experienced Risk Analyst professionals, with competitive compensation packages. Many companies offer competitive benefits including comprehensive healthcare, and professional development opportunities.
Cost of Living for Risk Analysts in Syracuse
Living in Syracuse as a Risk Analyst means navigating a cost of living that's close to the national average. Average rent for a 1-bedroom apartment is approximately $1,800/month. Housing costs are manageable for Risk Analyst salaries in the area. Suburban apartments average $1,400/month, offering significant savings with slightly longer commutes.
Commuting as a Risk Analyst in Syracuse
Syracuse Limited public transit options; car recommended for most commutes. The average commute time is 25 minutes. Research employer-specific shuttle services. Consider living close to your workplace. Since transit options are limited, consider living close to your workplace or negotiating flexible hours to avoid peak traffic.
Best neighborhoods for Risk Analysts in Syracuse: Downtown (Central business district with tech companies); Tech Park/Campus (Suburban office park developments). Downtown is particularly popular among Risk Analyst professionals due to proximity to major employers and urban amenities.
Tax Considerations in New York
New York has relatively high state income taxes. A Risk Analyst earning $77,350 might pay approximately $6,188 in state income tax. However, New York's strong job market and quality of life often offset the higher tax burden.
Career Outlook for Risk Analysts
The job outlook for Risk Analysts in Syracuse is stable. While not experiencing rapid growth, the field maintains steady demand with consistent opportunities for qualified professionals. While the market is smaller, Syracuse offers opportunities for those seeking specialized roles or better work-life balance. In-demand skills include Risk Assessment, Data Analysis, Financial Modeling, Regulatory Knowledge.
Relocating to Syracuse
Syracuse's affordable cost of living means your Risk Analyst salary will stretch further than in major coastal cities. Many professionals relocate here for better quality of life. New York has higher state income taxes. Factor this into salary negotiations, as gross salary comparisons can be misleading.
Frequently Asked Questions
What is the average Risk Analyst salary in Syracuse, NY?
The average Risk Analyst salary in Syracuse, NY is $77,350 per year. Entry-level Risk Analysts typically start around $50,278, while experienced professionals can earn $109,882 or more. The national average for Risk Analyst roles is $85,000.
How many Risk Analyst jobs are available in Syracuse?
Syracuse has a growing job market with steady opportunities for Risk Analyst professionals. Major employers hiring Risk Analysts include Local consulting firms, Regional professional services, National companies with local presence. The Education and Healthcare sectors drive much of the demand in this market.
Is Syracuse a good city for Risk Analysts?
Syracuse is an solid choice for Risk Analysts. While not as large as coastal metros, it offers solid opportunities and often better work-life balance. The affordable cost of living means salaries go further than in more expensive markets. The city's education industry creates strong demand for business & operations professionals.
What skills are most in-demand for Risk Analysts in Syracuse?
Top skills for Risk Analysts in Syracuse include Risk Assessment, Data Analysis, Financial Modeling, Regulatory Knowledge, Reporting. Employers value both technical expertise and soft skills like communication and teamwork.
What is the cost of living for Risk Analysts in Syracuse?
Syracuse's cost of living is near the national average (91% of baseline). Average rent for a 1-bedroom apartment is approximately $1,800/month. Purchasing power in Syracuse is comparable to the national average, with salaries appropriately scaled to local costs.
How is the commute for Risk Analysts in Syracuse?
Syracuse Limited public transit options; car recommended for most commutes. The average commute is 25 minutes. Research employer-specific shuttle services.
More Business & Operations Jobs in Syracuse
Career Resources
Popular Jobs in Syracuse
Risk Analyst in Other Cities
Get Hired Faster
Create an AI-optimized resume tailored for Risk Analyst jobs in Syracuse.
Get Started Free