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Hourly Wage for Risk Adjustment Data Analyst III Salary in the United States

How much does a Risk Adjustment Data Analyst III make hourly?

As of August 01, 2026, the average hourly rate for a Risk Adjustment Data Analyst III in the United States is $41, which translates to an annual salary of about $85,689.

However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:

  • Top Earners (90th percentile): $49 per hour
  • Majority Range (25th-75th percentile): $37 to $46 per hour
  • Entry-Level (10th percentile): $34 per hour
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Risk Adjustment Data Analyst III Salaries

A Risk Adjustment Data Analyst III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Risk Adjustment Data Analyst III Salaries?

Experience is a primary driver of a Risk Adjustment Data Analyst III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Risk Adjustment Analyst (2-4 years): $76,221
  • Risk Adjustment Data Analyst III (4-7 years): $85,689
  • Risk Adjustment Manager (7+ years): $102,419
  • Risk Adjustment Director (7+ years): $161,137
Job Role Years of Experience Average Salary
Risk Adjustment Analyst2-4 years$76,221
Risk Adjustment Data Analyst III4-7 years$85,689
Risk Adjustment Manager7+ years$102,419
Risk Adjustment Director7+ years$161,137
View as Graph

How Do Risk Adjustment Data Analyst IIIs Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Risk Adjustment Data Analyst IIIs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $94,875.
  • California: $94,515.
  • Massachusetts: $93,255.

Top Paying Cities for Risk Adjustment Data Analyst III

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $108,080
  • San Francisco: $106,896
  • Oakland: $104,643

Risk Adjustment Data Analyst III Salary by Company Size: Startups vs. Enterprise

Risk Adjustment Data Analyst III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $92,477. While startup companies pay approximate $78,421.

Risk Adjustment Data Analyst III Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $78,421
Growth Stage 51~500 $82,898
Established 501~5000 $89,344
Enterprise 5000+ $92,477

Risk Adjustment Data Analyst III Salary by Industry: Top Paying Sectors

For Risk Adjustment Data Analyst III roles, the industry you choose can affect earning potential by as much as 70% (the gap between the highest and lowest paying industries). Data shows that the Healthcare and Financial Services sectors offer the strongest compensation, at 40% above the average. In contrast, Risk Adjustment Data Analyst positions in Insurance or Edu., Gov't & Nonprofit typically offer lower base pay, as these industries often view Risk Adjustment Data Analyst III as a support function rather than a direct revenue driver.

The top paying industries for a Risk Adjustment Data Analyst III

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Healthcare$119,965$58.040%
Financial Services$111,396$54.030%

Risk Adjustment Data Analyst III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Risk Adjustment Data Analyst III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026
$77,663
Average $85,689/year
$94,718
$6,472
Average $7,141/month
$7,893
$1,494
Average $1,648/week
$1,822
$37
Average $41/hour
$46
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $94,718 $7,893 $1,822 $46
Average $85,689 $7,141 $1,648 $41
25th Percentile $77,663 $6,472 $1,494 $37

Most common benefits for Risk Adjustment Data Analyst III

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Risk Adjustment Data Analyst III

Here are companies hiring for Risk Adjustment Data Analyst III and their salaries, click below for more details.

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FAQ about Risk Adjustment Data Analyst III

1. What are the responsibilities of Risk Adjustment Data Analyst III?

Analyzes healthcare data to assess patient risk scores and ensure accurate reimbursement calculations. Utilizes patient health factors, their likely use of health care services, and the costs of those services to calculate payment adjustments, forecast revenue impacts, and identify coding gaps. Reviews medical claims, encounter data, and electronic health records to ensure proper coding of diagnoses and accurate reporting to government healthcare programs. Prepares reports on risk adjustment performance and recommends strategies to optimize financial performance while maintaining regulatory compliance. Supports audits and data validation activities to ensure compliance with risk adjustment program requirements. Requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience.

Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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