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Salary Information for a Risk Analyst in Albuquerque, NM

Median salary: $69,525

This data reflects Total Cash for a Level 1 Risk Analyst at a mid-size company. To get more detailed information on total compensation for the role of Risk Analyst in Albuquerque, NM, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

$61,875
25th percentile
$69,525
50th percentile
$76,575
75th percentile

Behind the numbers

What is the adjusted total comp for a Risk Analyst in Albuquerque, NM?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

$69,525

Not available

$321,411

Total Comp (TC)

$69,525

Cost of Living (COL) Index
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Risk Analyst in Albuquerque, NM?

Identify potential risks that might negatively affect the business. May be focused on financial risks, potential risks affecting employees, third-party risks, cybersecurity threats and privacy-related issues.

What are the characteristics of a level 1 Risk Analyst?

A level 1 Risk Analyst in Albuquerque, NM is a developing professional and technical expertise. They are able to resolve routine issues and problems and have an average of 1 year of work experience.

Risk Analyst

Benchmark Role

Individual Contributor

Job Type

Risk

Job Family

Business

Job Area

Quality of Life in Albuquerque, NM on a $69,525 Annual Salary

Cost of Living

  • Overall Expenses: Albuquerque offers a cost of living that is generally lower than the national average. This makes it an attractive city for those looking to stretch their income further.
  • Groceries and Utilities: Prices for groceries and utilities are relatively moderate when compared to other major U.S. cities, allowing residents to maintain a comfortable standard of living without excessive spending.
  • Transportation Costs: Public transportation is reasonably priced, and the cost of owning a vehicle, including gas prices, is manageable for the average resident.

Housing Market

  • Affordable Home Prices: The median home price in Albuquerque is lower than the national median, making homeownership more accessible for individuals on a $69,525 salary.
  • Rental Market: Renters will also find Albuquerque more affordable than many other U.S. cities, with reasonable rental rates for both apartments and houses.
  • Housing Variety: The city offers a range of housing options, from historical adobe homes to modern developments.

Quality of Life

  • Community and Culture: A rich cultural scene, rooted in Native American and Hispanic influences, provides a unique and vibrant living experience.
  • Recreational Opportunities: Residents have access to outdoor activities like hiking, skiing, and hot air ballooning, thanks to the surrounding Sandia Mountains and nearby recreational areas.
  • Climate: Albuquerque enjoys a high-desert climate with plenty of sunshine and low humidity, offering a pleasant environment year-round.

Access to Healthcare

  • Medical Facilities: Albuquerque is home to several high-quality hospitals and healthcare facilities, ensuring good access to medical services.
  • Healthcare Costs: While healthcare costs can be high, they remain comparatively affordable given the city's cost of living and residents' average income.

Quality of K-12 Schools

  • Public Education: Albuquerque's public school system is diverse, with some highly rated schools as well as those facing challenges; this varies significantly by neighborhood.
  • Private and Charter Schools: The presence of charter and private schools provides additional options for parents seeking alternative education avenues for their children.
  • Extracurricular Activities: Numerous programs in music, arts, and athletics are available, enriching students' educational experiences beyond the classroom.

Summary

Living in Albuquerque, NM, on a $69,525 salary offers a favorable quality of life largely due to the reasonable cost of living and affordable housing market. The city provides a

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