Risk Analyst.
Baltimore.
$101,000
median salary, 6% above the national average
$76,000 to $132,000. Last updated April 2026.
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Data points to own the conversation.
Here is what Risk Analysts actually make in Baltimore: $76,000 at the 25th percentile, $101,000 at the median, and $132,000 at the 75th. That is 6% above the national average. Baltimore's economy is anchored by Johns Hopkins University and Hospital, one of the largest employers in the state. The number on your offer letter will depend on what you bring and how you ask.
Salary range
Where do you fall?
Salary by experience
The gap between entry and lead level is typically $91,000. Where you land depends on years of experience and what you bring to the table.
Entry (0-2 yrs)
$66,000
to $81,000
Mid (3-5 yrs)
$86,000
to $106,000
Senior (6-9 yrs)
$111,000
to $131,000
Lead (10+ yrs)
$126,000
to $157,000
Salary trend
+3% YoYTotal compensation
Base salary is not the full picture. Equity, bonus, and signing can add $27,000 to the total package.
Base
$101,000
Equity
$15,000
Bonus
$10,000
Signing
$2,000
Estimated total: $128,000
How Baltimore compares
Baltimore, MD
$101,000
Cost of living: 8% above average
National Average
$95,000
Baltimore is $6,000 above
Risk Analyst salary by city
Salary by role in Baltimore
What you should know
If you are interviewing for Risk Analyst roles in Baltimore, here is what you are walking into. Baltimore's economy is anchored by Johns Hopkins University and Hospital, one of the largest employers in the state. The city has strong cybersecurity, defense, and biotech sectors, benefiting from proximity to NSA, Fort Meade, and NIH. The port of Baltimore also drives significant logistics and trade employment. Risk domain specialization and quantitative skill depth drive salary variance. Market risk and credit risk analysts at large banks earn 15 to 25% more than operational risk analysts. Proficiency in Python, R, SAS, and Monte Carlo simulation techniques separates higher-paid analysts from those using primarily spreadsheet-based approaches.
Junior risk analysts start at $62,000 to $78,000. Mid-level risk analysts earn $85,000 to $115,000. Senior risk analysts and team leads reach $115,000 to $150,000. Risk managers earn $140,000 to $190,000, with chief risk officers at large institutions commanding $250,000 to $500,000. In Baltimore, cost of living sits near the national average, so the numbers you see are roughly what you keep.
Base salary is not the full picture. Annual bonuses of 10 to 25% are standard, with banking sector risk analysts earning the highest variable pay. Total compensation at bulge bracket banks can reach $130,000 to $180,000 for mid-level analysts. Some firms offer deferred compensation tied to risk management outcomes. And on the tax side: maryland's top income tax rate is 5.75%, and Baltimore City adds a local income tax of 3.2%. The combined burden is among the higher ones, but federal and defense salaries compensate. When someone quotes you $101,000, ask what the total package looks like. The gap between base and total comp is where real money hides.
On negotiation: A security clearance is extremely valuable in the Baltimore corridor. Cleared professionals earn 20 to 30% more, and the NSA and defense contractor presence drives constant demand. The range for Risk Analysts in Baltimore runs from $76,000 to $132,000. That is not a narrow window. Where you land inside it depends almost entirely on whether you negotiate and how well you prepare.
Sources: SEC filings, H-1B LCA (DOL), BLS OES, 50+ job posting platforms. COL: BEA Regional Price Parities (2025). Data verified by Justin Bartak, Founder & Chief AI Officer. Last verified April 8, 2026. Full methodology
Considering a related role?
- A Operations Manager in Baltimore earns $100,000 (1% less)
- The highest-paying role in Baltimore is Chief AI Officer at $345,000
Common questions.
Risk Analyst salary in other cities
Other salaries in Baltimore
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