Electrical Engineers vs Financial Risk Specialists: Salary Comparison (2024)
Side-by-side salary comparison using 2024 Bureau of Labor Statistics data.
Which Career Pays More?
Electrical Engineers professionals earn $5,910 more per year than Financial Risk Specialists professionals — that's 5.6% higher. At the 90th percentile, Electrical Engineers earns $175,460 compared to $182,310 for Financial Risk Specialists.
Salary Range Comparison
Electrical Engineers$74,670 – $175,460
Financial Risk Specialists$62,270 – $182,310
$62,270$182,310
Detailed Salary Comparison
| Percentile | Electrical Engineers | Financial Risk Specialists | Difference |
|---|---|---|---|
| 10th Percentile | $74,670 | $62,270 | +$12,400 |
| 25th Percentile | $87,590 | $80,280 | +$7,310 |
| Median (50th) | $111,910 | $106,000 | +$5,910 |
| 75th Percentile | $141,630 | $145,020 | $-3,390 |
| 90th Percentile | $175,460 | $182,310 | $-6,850 |
| Mean (Average) | $120,980 | $119,930 | +$1,050 |
Employment Numbers
Electrical Engineers
188,790
employed nationwide
Financial Risk Specialists
56,320
employed nationwide
Top Paying Cities
Best Cities for Electrical Engineers
| City | Median |
|---|---|
| San Jose-Sunnyvale-Santa Clara, CA | $186,920 |
| San Francisco-Oakland-Berkeley, CA | $163,840 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $136,820 |
| Seattle-Tacoma-Bellevue, WA | $135,480 |
| Los Angeles-Long Beach-Anaheim, CA | $134,900 |
Best Cities for Financial Risk Specialists
| City | Median |
|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | $141,960 |
| San Francisco-Oakland-Berkeley, CA | $140,050 |
| San Jose-Sunnyvale-Santa Clara, CA | $137,420 |
| Charlotte-Concord-Gastonia, NC-SC | $130,750 |
| Seattle-Tacoma-Bellevue, WA | $128,440 |
Frequently Asked Questions
Who earns more: Electrical Engineers or Financial Risk Specialists?
Electrical Engineers professionals earn more, with a median salary difference of $5,910 (5.6% higher) as of 2024 BLS data.
What is the salary range for Electrical Engineers?
Electrical Engineers salaries range from $74,670 (10th percentile) to $175,460 (90th percentile), with a median of $111,910.
What is the salary range for Financial Risk Specialists?
Financial Risk Specialists salaries range from $62,270 (10th percentile) to $182,310 (90th percentile), with a median of $106,000.
How many Electrical Engineers and Financial Risk Specialists jobs are there?
There are approximately 188,790 Electrical Engineers positions and 56,320 Financial Risk Specialists positions nationwide according to 2024 BLS data.
Is it worth switching from Financial Risk Specialists to Electrical Engineers?
Career decisions depend on many factors beyond salary. Electrical Engineers has a median salary of $111,910 while Financial Risk Specialists earns $106,000. Consider job satisfaction, growth prospects, required education, and work-life balance.
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Data verified March 2026 · Source: U.S. Bureau of Labor Statistics OEWS