SalaryNode

Average Personal Financial Advisors Salary in Capital/Northern New York nonmetropolitan area

The average salary for a Personal Financial Advisors in Capital/Northern New York nonmetropolitan area is $151,470. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $151,470 per year.
  • Growth Trend: Salaries have shifted 33.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $227,205.
  • 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 Capital/Northern New York nonmetropolitan area economy.
2024 Market Data

Salary Overview

$151,470

The average Personal Financial Advisors in Capital/Northern New York nonmetropolitan area earns-5.5%below the national average.

BreakdownBased on 40h/week
Hourly

$72.8

Weekly

$2,913

Monthly

$12,623

Personal Financial Advisors Salary Distribution in Capital/Northern New York nonmetropolitan area

The earning potential for Personal Financial Advisorss in Capital/Northern New York nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.4x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $52,080, while highly experienced professionals can command wages upwards of $227,205.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$52,080$25
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$113,603$54.6
ManagerOversees team, compliance, and project delivery.50% (Median)$123,770$59.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$189,338$91
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$227,205$109.2

Detailed Personal Financial Advisors Market Analysis

Relocation Context

Nominal Salary

$151,470

Gross Pay

Real Wage (Purchasing Power)

$151,470

Adjusted for COL (100)

In Capital/Northern New York nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $151,470 to $151,470.

Job Market Context

50

Total Jobs

0.389

Per 1K Jobs

0.22

Location Quotient

Low Concentration

At 0.22x, Capital/Northern New York nonmetropolitan area has a notably lower concentration of Personal Financial Advisors jobs than the national average. Opportunities in this area are relatively scarce for this profession.

50 people work as Personal Financial Advisors in Capital/Northern New York nonmetropolitan area.

Only 0.389 out of every 1,000 local jobs are Personal Financial Advisors roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Personal Financial Advisors

CitySalaryDist.
Binghamton, NY Personal Financial Advisors Salary$142,630↓ 6%49 mi
Kingston, NY Personal Financial Advisors Salary$143,200↓ 5%51 mi
Scranton--Wilkes-Barre, PA Personal Financial Advisors Salary$168,710↑ 11%64 mi
Utica-Rome, NY Personal Financial Advisors Salary$177,190↑ 17%66 mi
Albany-Schenectady-Troy, NY Personal Financial Advisors Salary$165,600↑ 9%68 mi

Comparing salaries near Capital/Northern New York nonmetropolitan area

Hiring Personal Financial Advisorss?

Frequently Asked Questions

How much does a Personal Financial Advisors make in Capital/Northern New York nonmetropolitan area?

The median annual salary for a Personal Financial Advisors in Capital/Northern New York nonmetropolitan area is $151,470. This typically ranges from $52,080 for entry-level positions to $227,205 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Capital/Northern New York nonmetropolitan area is 5.5% lower than the national median of $160,360.

Is Capital/Northern New York nonmetropolitan area a good place for Personal Financial Advisorss?

It depends on your priorities. While the average Personal Financial Advisors salary in Capital/Northern New York nonmetropolitan area is $151,470 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Capital/Northern New York nonmetropolitan area. See distinct detailed breakdown below.

Is Capital/Northern New York nonmetropolitan area a good place to live for Personal Financial Advisors?

The Cost of Living Index in Capital/Northern New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Capital/Northern New York nonmetropolitan area?

Some top paying nearby cities include Binghamton, NY ($142,630) and Kingston, NY.

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 Capital/Northern New York nonmetropolitan area area with a job density of 0.389 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Capital/Northern New York nonmetropolitan area

Semantic Salary Analysis for Personal Financial Advisors • Data source: BLS OEWS 2024 •Jobs in Capital/Northern New York nonmetropolitan area