Bullying is common among students; however, there are several individual characteristics or identities that make an adolescent more susceptible to victimization. This secondary data analysis of a sample of 20,302 high school students in Wisconsin uses a multilevel model to assess common risk factors such as gender identity, sexual orientation, racial and ethnic identity, and disability status as predictors for general and identity-based bullying, as well as an exploratory analysis of the interactions of financial status and these risk factors. This study is novel as it discusses nuanced identities not typically accounted for in the literature, as well as addresses the potentially compounding nature of financial status and other risks. Results indicated that factors such as grade level, gender, sexual orientation, disability status, and low financial status were indicators for general bullying victimization, while race and ethnicity, sexual orientation, and general bullying victimization were indicators for identity-based victimization.