Average Personal Financial Advisors Salary in Ithaca, NY
The average salary for a Personal Financial Advisors in Ithaca, NY is $154,480. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $154,480 per year.
- Growth Trend: Salaries have shifted 79.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $231,720.
- Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Ithaca, NY economy.
Salary Overview
The average Personal Financial Advisors in Ithaca, NY earns-3.7%below the national average.
$74.3
$2,971
$12,873
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 4 years, Personal Financial Advisors salaries in Ithaca, NY have experienced a rapid surge, growing by 79.3%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Personal Financial Advisors Salary Distribution in Ithaca, NY
The earning potential for Personal Financial Advisorss in Ithaca, NY varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.4x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $68,600, while highly experienced professionals can command wages upwards of $231,720.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $68,600 | $33 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $115,860 | $55.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $120,700 | $58 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $193,100 | $92.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $231,720 | $111.4 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$154,480
Gross Pay
Real Wage (Purchasing Power)
$154,480
Adjusted for COL (100)
In Ithaca, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $154,480 to $154,480.
Job Market Context
40
Total Jobs
0.914
Per 1K Jobs
0.52
Location Quotient
Ithaca, NY has 0.52x 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.
40 people work as Personal Financial Advisors in Ithaca, NY.
Only 0.914 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. |
|---|---|---|
| Elmira, NY Personal Financial Advisors Salary | $130,340↓ 16% | 29 mi |
| Binghamton, NY Personal Financial Advisors Salary | $142,630↓ 8% | 39 mi |
| Syracuse, NY Personal Financial Advisors Salary | $144,720↓ 6% | 45 mi |
| Rochester, NY Personal Financial Advisors Salary | $151,900↓ 2% | 75 mi |
| Utica-Rome, NY Personal Financial Advisors Salary | $177,190↑ 15% | 79 mi |
Comparing salaries near Ithaca, NY
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Ithaca, NY?
The median annual salary for a Personal Financial Advisors in Ithaca, NY is $154,480. This typically ranges from $68,600 for entry-level positions to $231,720 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Ithaca, NY is 3.7% lower than the national median of $160,360.
Is Ithaca, NY a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in Ithaca, NY is $154,480 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Ithaca, NY. See distinct detailed breakdown below.
Is Ithaca, NY a good place to live for Personal Financial Advisors?
The Cost of Living Index in Ithaca, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Ithaca, NY?
Some top paying nearby cities include Elmira, NY ($130,340) and Binghamton, NY.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40 employees in the Ithaca, NY area with a job density of 0.914 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Personal Financial Advisors Salaries by State
Top Jobs in Ithaca, NY
- All Occupations Salary in Ithaca, NY
- Educational Instruction and Library Occupations Salary in Ithaca, NY
- Office and Administrative Support Occupations Salary in Ithaca, NY
- Food Preparation and Serving Related Occupations Salary in Ithaca, NY
- Sales and Related Occupations Salary in Ithaca, NY
- Healthcare Practitioners and Technical Occupations Salary in Ithaca, NY
- Business and Financial Operations Occupations Salary in Ithaca, NY
- Transportation and Material Moving Occupations Salary in Ithaca, NY
- Healthcare Support Occupations Salary in Ithaca, NY
- Production Occupations Salary in Ithaca, NY
- Browse All Jobs in Ithaca, NY →
Semantic Salary Analysis for Personal Financial Advisors • Data source: BLS OEWS 2024 •Jobs in Ithaca, NY