Average Personal Financial Advisors Salary in Cape Girardeau, MO-IL
The average salary for Personal Financial Advisorss in Cape Girardeau, MO-IL is $113,360. While this is lower than the national average, the cost of living in Cape Girardeau, MO-IL may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $113,360 per year.
- Growth Trend: Salaries have shifted 52.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $170,040.
- Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Cape Girardeau, MO-IL economy.
Salary Overview
The average Personal Financial Advisors in Cape Girardeau, MO-IL earns-29.3%below the national average.
$54.5
$2,180
$9,447
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 4 years, Personal Financial Advisors salaries in Cape Girardeau, MO-IL have experienced a rapid surge, growing by 52.0%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Personal Financial Advisors Salary Distribution in Cape Girardeau, MO-IL
The earning potential for Personal Financial Advisorss in Cape Girardeau, MO-IL varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $37,240, while highly experienced professionals can command wages upwards of $170,040.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,240 | $17.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $85,020 | $40.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,550 | $36.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $141,700 | $68.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $170,040 | $81.8 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$113,360
Gross Pay
Real Wage (Purchasing Power)
$113,360
Adjusted for COL (100)
In Cape Girardeau, MO-IL, the Cost of Living Index is 100. This increases your effective purchasing power from $113,360 to $113,360.
Job Market Context
50
Total Jobs
1.126
Per 1K Jobs
0.64
Location Quotient
Cape Girardeau, MO-IL has 0.64x 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.
50 people work as Personal Financial Advisors in Cape Girardeau, MO-IL.
1.126 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. |
|---|---|---|
| Paducah, KY-IL Personal Financial Advisors Salary | $96,000↓ 15% | 53 mi |
| St. Louis, MO-IL Personal Financial Advisors Salary | $123,590↑ 9% | 97 mi |
Comparing salaries near Cape Girardeau, MO-IL
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Cape Girardeau, MO-IL?
The median annual salary for a Personal Financial Advisors in Cape Girardeau, MO-IL is $113,360. This typically ranges from $37,240 for entry-level positions to $170,040 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cape Girardeau, MO-IL is 29.3% lower than the national median of $160,360.
Is Cape Girardeau, MO-IL a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in Cape Girardeau, MO-IL is $113,360 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Cape Girardeau, MO-IL. See distinct detailed breakdown below.
Is Cape Girardeau, MO-IL a good place to live for Personal Financial Advisors?
The Cost of Living Index in Cape Girardeau, MO-IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cape Girardeau, MO-IL?
Some top paying nearby cities include Paducah, KY-IL ($96,000) and St. Louis, MO-IL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Cape Girardeau, MO-IL area with a job density of 1.126 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 Cape Girardeau, MO-IL