Average Personal Financial Advisors Salary in Canton-Massillon, OH
The average salary for Personal Financial Advisorss in Canton-Massillon, OH is $111,700. While this is lower than the national average, the cost of living in Canton-Massillon, OH may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $111,700 per year.
- Growth Trend: Salaries have shifted 76.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $223,580.
- Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 170 professionals. This role remains a specialized component of the broader Canton-Massillon, OH economy.
Salary Overview
The average Personal Financial Advisors in Canton-Massillon, OH earns-30.3%below the national average.
$53.7
$2,148
$9,308
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 4 years, Personal Financial Advisors salaries in Canton-Massillon, OH have experienced a rapid surge, growing by 76.4%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Personal Financial Advisors Salary Distribution in Canton-Massillon, OH
The earning potential for Personal Financial Advisorss in Canton-Massillon, OH varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $46,290, while highly experienced professionals can command wages upwards of $223,580.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,290 | $22.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $83,775 | $40.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,010 | $36.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $139,625 | $67.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $223,580 | $107.5 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$111,700
Gross Pay
Real Wage (Purchasing Power)
$111,700
Adjusted for COL (100)
In Canton-Massillon, OH, the Cost of Living Index is 100. This increases your effective purchasing power from $111,700 to $111,700.
Job Market Context
170
Total Jobs
1.039
Per 1K Jobs
0.59
Location Quotient
Canton-Massillon, OH has 0.59x the national average concentration of Personal Financial Advisors jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
170 people work as Personal Financial Advisors in Canton-Massillon, OH.
1.039 out of every 1,000 local jobs are Personal Financial Advisors positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Personal Financial Advisors
| City | Salary | Dist. |
|---|---|---|
| Akron, OH Personal Financial Advisors Salary | $122,770↑ 10% | 20 mi |
| Youngstown-Warren, OH Personal Financial Advisors Salary | $125,880↑ 13% | 43 mi |
| Cleveland, OH Personal Financial Advisors Salary | $134,830↑ 21% | 49 mi |
| Weirton-Steubenville, WV-OH Personal Financial Advisors Salary | $83,770↓ 25% | 50 mi |
| Mansfield, OH Personal Financial Advisors Salary | $135,210↑ 21% | 61 mi |
Comparing salaries near Canton-Massillon, OH
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Canton-Massillon, OH?
The median annual salary for a Personal Financial Advisors in Canton-Massillon, OH is $111,700. This typically ranges from $46,290 for entry-level positions to $223,580 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Canton-Massillon, OH is 30.3% lower than the national median of $160,360.
Is Canton-Massillon, OH a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in Canton-Massillon, OH is $111,700 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Canton-Massillon, OH. See distinct detailed breakdown below.
Is Canton-Massillon, OH a good place to live for Personal Financial Advisors?
The Cost of Living Index in Canton-Massillon, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Canton-Massillon, OH?
Some top paying nearby cities include Akron, OH ($122,770) and Youngstown-Warren, OH.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 170 employees in the Canton-Massillon, OH area with a job density of 1.039 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Personal Financial Advisors • Data source: BLS OEWS 2024 •Jobs in Canton-Massillon, OH