Climate Risk Analyst.
Phoenix.
$88,000
median salary, 4% below the national average
$67,000 to $117,000. Updated for 2026.
The numbers.
Everything you need to negotiate with confidence.
A Climate Risk Analyst in Phoenix earns a median of $88,000 in 2026. That is 4% below the national average. The range runs from $67,000 to $117,000, and where you land depends on your experience, your skills, and how well you negotiate. Quantitative modeling expertise, familiarity with TCFD and SEC climate disclosure frameworks, and experience in financial services or insurance create the largest pay premiums.
Salary range
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How Phoenix compares
Phoenix, AZ
$88,000
Cost of living: 4% below average
National Average
$92,000
Phoenix is $4,000 below
What you should know
The Climate Risk Analyst landscape in Phoenix is not what most salary sites will tell you. Phoenix is one of the fastest growing metros in the U.S., fueled by semiconductor manufacturing, financial services, and tech company expansions. Intel, TSMC, and other chipmakers have made massive investments in the area. The combination of affordable housing and rising salaries has made Phoenix increasingly attractive to relocating professionals. Quantitative modeling expertise, familiarity with TCFD and SEC climate disclosure frameworks, and experience in financial services or insurance create the largest pay premiums. Analysts who can translate physical and transition climate risks into financial impact models are highly compensated.
Junior Climate Risk Analysts start at $70,000 to $82,000. Mid-level analysts with regulatory expertise earn $88,000 to $108,000. Senior Analysts and Climate Risk Managers command $110,000 to $140,000, while Directors and Heads of Climate Risk at banks exceed $165,000. In Phoenix, 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. Analysts at financial institutions often receive bonuses of 15 to 30% based on team and individual performance. RSUs at public companies can add $10,000 to $35,000. The field's rapid growth means strong negotiating leverage for experienced candidates. And on the tax side: arizona has a flat 2.5% income tax rate, one of the lowest in the nation. Phoenix has no additional city income tax, making overall take home pay very competitive. When someone quotes you $88,000, ask what the total package looks like. The gap between base and total comp is where real money hides.
On negotiation: Reference the influx of semiconductor and tech employers to justify higher offers. Phoenix salaries are rising fast, and employers know they must compete with coastal recruiters. The range for Climate Risk Analysts in Phoenix runs from $67,000 to $117,000. That is not a narrow window. Where you land inside it depends almost entirely on whether you negotiate and how well you prepare.
Top industries in Phoenix
Negotiating in Phoenix
Reference the influx of semiconductor and tech employers to justify higher offers. Phoenix salaries are rising fast, and employers know they must compete with coastal recruiters.