Average Personal Financial Advisors Salary in Charlottesville, VA
The average salary for a Personal Financial Advisors in Charlottesville, VA is $149,010. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $149,010 per year.
- Growth Trend: Salaries have shifted 1.3% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $223,515.
- Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 180 professionals. This role remains a specialized component of the broader Charlottesville, VA economy.
Salary Overview
The average Personal Financial Advisors in Charlottesville, VA earns-7.1%below the national average.
$71.6
$2,866
$12,418
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 4 years, Personal Financial Advisors salaries in Charlottesville, VA have seen a slight adjustment of -1.3%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Personal Financial Advisors Salary Distribution in Charlottesville, VA
The earning potential for Personal Financial Advisorss in Charlottesville, VA 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 $46,990, while highly experienced professionals can command wages upwards of $223,515.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,990 | $22.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $111,758 | $53.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $98,880 | $47.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $186,263 | $89.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $223,515 | $107.5 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$149,010
Gross Pay
Real Wage (Purchasing Power)
$149,010
Adjusted for COL (100)
In Charlottesville, VA, the Cost of Living Index is 100. This increases your effective purchasing power from $149,010 to $149,010.
Job Market Context
180
Total Jobs
1.555
Per 1K Jobs
0.89
Location Quotient
Charlottesville, VA has 0.89x 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.
180 people work as Personal Financial Advisors in Charlottesville, VA.
1.555 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. |
|---|---|---|
| Southside Virginia nonmetropolitan area Personal Financial Advisors Salary | $126,290↓ 15% | 25 mi |
| Northern West Virginia nonmetropolitan area Personal Financial Advisors Salary | $90,100↓ 40% | 25 mi |
| Southwest Virginia nonmetropolitan area Personal Financial Advisors Salary | $118,160↓ 21% | 25 mi |
Comparing salaries near Charlottesville, VA
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Charlottesville, VA?
The median annual salary for a Personal Financial Advisors in Charlottesville, VA is $149,010. This typically ranges from $46,990 for entry-level positions to $223,515 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charlottesville, VA is 7.1% lower than the national median of $160,360.
Is Charlottesville, VA a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in Charlottesville, VA is $149,010 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Charlottesville, VA. See distinct detailed breakdown below.
Is Charlottesville, VA a good place to live for Personal Financial Advisors?
The Cost of Living Index in Charlottesville, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charlottesville, VA?
Some top paying nearby cities include Southside Virginia nonmetropolitan area ($126,290) and Northern West Virginia nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 180 employees in the Charlottesville, VA area with a job density of 1.555 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 Charlottesville, VA