Average Personal Financial Advisors Salary in Kennewick-Richland, WA
The average salary for a Personal Financial Advisors in Kennewick-Richland, WA is $158,030. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $158,030 per year.
- Growth Trend: Salaries have shifted 30.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $237,045.
- Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Kennewick-Richland, WA economy.
Salary Overview
The average Personal Financial Advisors in Kennewick-Richland, WA earns-1.5%below the national average.
$76
$3,039
$13,169
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 4 years, Personal Financial Advisors salaries in Kennewick-Richland, WA have experienced a rapid surge, growing by 30.1%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Personal Financial Advisors Salary Distribution in Kennewick-Richland, WA
The earning potential for Personal Financial Advisorss in Kennewick-Richland, WA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $61,670, while highly experienced professionals can command wages upwards of $237,045.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $61,670 | $29.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $118,523 | $57 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $103,710 | $49.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $197,538 | $95 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $237,045 | $114 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$158,030
Gross Pay
Real Wage (Purchasing Power)
$158,030
Adjusted for COL (100)
In Kennewick-Richland, WA, the Cost of Living Index is 100. This increases your effective purchasing power from $158,030 to $158,030.
Job Market Context
110
Total Jobs
0.875
Per 1K Jobs
0.5
Location Quotient
Kennewick-Richland, WA has 0.50x 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.
110 people work as Personal Financial Advisors in Kennewick-Richland, WA.
Only 0.875 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. |
|---|---|---|
| Yakima, WA Personal Financial Advisors Salary | $146,870↓ 7% | 71 mi |
Comparing salaries near Kennewick-Richland, WA
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Kennewick-Richland, WA?
The median annual salary for a Personal Financial Advisors in Kennewick-Richland, WA is $158,030. This typically ranges from $61,670 for entry-level positions to $237,045 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kennewick-Richland, WA is 1.5% lower than the national median of $160,360.
Is Kennewick-Richland, WA a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in Kennewick-Richland, WA is $158,030 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Kennewick-Richland, WA. See distinct detailed breakdown below.
Is Kennewick-Richland, WA a good place to live for Personal Financial Advisors?
The Cost of Living Index in Kennewick-Richland, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kennewick-Richland, WA?
Some top paying nearby cities include Yakima, WA ($146,870) and others.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Kennewick-Richland, WA area with a job density of 0.875 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 Kennewick-Richland, WA