Average Personal Financial Advisors Salary in Harrisonburg, VA
The average salary for Personal Financial Advisorss in Harrisonburg, VA is $105,410. While this is lower than the national average, the cost of living in Harrisonburg, VA may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $105,410 per year.
- Growth Trend: Salaries have shifted 12.7% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $208,100.
- 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 Harrisonburg, VA economy.
Salary Overview
The average Personal Financial Advisors in Harrisonburg, VA earns-34.3%below the national average.
$50.7
$2,027
$8,784
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 4 years, Personal Financial Advisors salaries in Harrisonburg, VA have seen a slight adjustment of -12.7%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Personal Financial Advisors Salary Distribution in Harrisonburg, VA
The earning potential for Personal Financial Advisorss in Harrisonburg, VA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.0x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $52,210, while highly experienced professionals can command wages upwards of $208,100.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $52,210 | $25.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $79,058 | $38 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $84,660 | $40.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $131,763 | $63.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $208,100 | $100 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$105,410
Gross Pay
Real Wage (Purchasing Power)
$105,410
Adjusted for COL (100)
In Harrisonburg, VA, the Cost of Living Index is 100. This increases your effective purchasing power from $105,410 to $105,410.
Job Market Context
50
Total Jobs
0.691
Per 1K Jobs
0.39
Location Quotient
At 0.39x, Harrisonburg, VA 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 Harrisonburg, VA.
Only 0.691 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
| City | Salary | Dist. |
|---|---|---|
| Staunton-Stuarts Draft, VA Personal Financial Advisors Salary | $117,600↑ 12% | 22 mi |
| Charlottesville, VA Personal Financial Advisors Salary | $149,010↑ 41% | 35 mi |
| Southside Virginia nonmetropolitan area Personal Financial Advisors Salary | $126,290↑ 20% | 60 mi |
| Northern West Virginia nonmetropolitan area Personal Financial Advisors Salary | $90,100↓ 15% | 60 mi |
| Southwest Virginia nonmetropolitan area Personal Financial Advisors Salary | $118,160↑ 12% | 60 mi |
Comparing salaries near Harrisonburg, VA
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Harrisonburg, VA?
The median annual salary for a Personal Financial Advisors in Harrisonburg, VA is $105,410. This typically ranges from $52,210 for entry-level positions to $208,100 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Harrisonburg, VA is 34.3% lower than the national median of $160,360.
Is Harrisonburg, VA a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in Harrisonburg, VA is $105,410 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Harrisonburg, VA. See distinct detailed breakdown below.
Is Harrisonburg, VA a good place to live for Personal Financial Advisors?
The Cost of Living Index in Harrisonburg, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Harrisonburg, VA?
Some top paying nearby cities include Staunton-Stuarts Draft, VA ($117,600) and Charlottesville, VA.
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 Harrisonburg, VA area with a job density of 0.691 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 Harrisonburg, VA