Average Personal Financial Advisors Salary in Crestview-Fort Walton Beach-Destin, FL
The average salary for Personal Financial Advisorss in Crestview-Fort Walton Beach-Destin, FL is $136,630. While this is lower than the national average, the cost of living in Crestview-Fort Walton Beach-Destin, FL may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $136,630 per year.
- Growth Trend: Salaries have shifted 195.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $204,945.
- Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 190 professionals. This role remains a specialized component of the broader Crestview-Fort Walton Beach-Destin, FL economy.
Salary Overview
The average Personal Financial Advisors in Crestview-Fort Walton Beach-Destin, FL earns-14.8%below the national average.
$65.7
$2,628
$11,386
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 4 years, Personal Financial Advisors salaries in Crestview-Fort Walton Beach-Destin, FL have experienced a rapid surge, growing by 195.0%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Personal Financial Advisors Salary Distribution in Crestview-Fort Walton Beach-Destin, FL
The earning potential for Personal Financial Advisorss in Crestview-Fort Walton Beach-Destin, FL 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 $44,610, while highly experienced professionals can command wages upwards of $204,945.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,610 | $21.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $102,473 | $49.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,440 | $37.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $170,788 | $82.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $204,945 | $98.5 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$136,630
Gross Pay
Real Wage (Purchasing Power)
$136,630
Adjusted for COL (100)
In Crestview-Fort Walton Beach-Destin, FL, the Cost of Living Index is 100. This increases your effective purchasing power from $136,630 to $136,630.
Job Market Context
190
Total Jobs
1.542
Per 1K Jobs
0.88
Location Quotient
Crestview-Fort Walton Beach-Destin, FL has 0.88x 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.
190 people work as Personal Financial Advisors in Crestview-Fort Walton Beach-Destin, FL.
1.542 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. |
|---|---|---|
| Pensacola-Ferry Pass-Brent, FL Personal Financial Advisors Salary | $123,500↓ 10% | 42 mi |
| Panama City-Panama City Beach, FL Personal Financial Advisors Salary | $143,400↑ 5% | 69 mi |
| Dothan, AL Personal Financial Advisors Salary | $166,980↑ 22% | 77 mi |
| Daphne-Fairhope-Foley, AL Personal Financial Advisors Salary | $139,470↑ 2% | 78 mi |
| Mobile, AL Personal Financial Advisors Salary | $131,500↓ 4% | 91 mi |
Comparing salaries near Crestview-Fort Walton Beach-Destin, FL
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Crestview-Fort Walton Beach-Destin, FL?
The median annual salary for a Personal Financial Advisors in Crestview-Fort Walton Beach-Destin, FL is $136,630. This typically ranges from $44,610 for entry-level positions to $204,945 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Crestview-Fort Walton Beach-Destin, FL is 14.8% lower than the national median of $160,360.
Is Crestview-Fort Walton Beach-Destin, FL a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in Crestview-Fort Walton Beach-Destin, FL is $136,630 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Crestview-Fort Walton Beach-Destin, FL. See distinct detailed breakdown below.
Is Crestview-Fort Walton Beach-Destin, FL a good place to live for Personal Financial Advisors?
The Cost of Living Index in Crestview-Fort Walton Beach-Destin, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Crestview-Fort Walton Beach-Destin, FL?
Some top paying nearby cities include Pensacola-Ferry Pass-Brent, FL ($123,500) and Panama City-Panama City Beach, FL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 190 employees in the Crestview-Fort Walton Beach-Destin, FL area with a job density of 1.542 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 Crestview-Fort Walton Beach-Destin, FL