Average Personal Financial Advisors Salary in Massachusetts nonmetropolitan area
The average salary for a Personal Financial Advisors in Massachusetts nonmetropolitan area is $145,850. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $145,850 per year.
- Growth Trend: Salaries have shifted 8.7% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $218,775.
- Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 30 professionals. This role remains a specialized component of the broader Massachusetts nonmetropolitan area economy.
Salary Overview
The average Personal Financial Advisors in Massachusetts nonmetropolitan area earns-9.0%below the national average.
$70.1
$2,805
$12,154
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 4 years, Personal Financial Advisors salaries in Massachusetts nonmetropolitan area have seen a slight adjustment of -8.7%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Personal Financial Advisors Salary Distribution in Massachusetts nonmetropolitan area
The earning potential for Personal Financial Advisorss in Massachusetts nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.2x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $67,380, while highly experienced professionals can command wages upwards of $218,775.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $67,380 | $32.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $109,388 | $52.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $96,100 | $46.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $182,313 | $87.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $218,775 | $105.2 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$145,850
Gross Pay
Real Wage (Purchasing Power)
$145,850
Adjusted for COL (100)
In Massachusetts nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $145,850 to $145,850.
Job Market Context
30
Total Jobs
0.836
Per 1K Jobs
0.48
Location Quotient
At 0.48x, Massachusetts nonmetropolitan area has a notably lower concentration of Personal Financial Advisors jobs than the national average. Opportunities in this area are relatively scarce for this profession.
30 people work as Personal Financial Advisors in Massachusetts nonmetropolitan area.
Only 0.836 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. |
|---|---|---|
| Worcester, MA Personal Financial Advisors Salary | $152,160↑ 4% | 14 mi |
| Boston-Cambridge-Newton, MA-NH Personal Financial Advisors Salary | $145,990↑ 0% | 24 mi |
| Providence-Warwick, RI-MA Personal Financial Advisors Salary | $120,750↓ 17% | 29 mi |
| Springfield, MA Personal Financial Advisors Salary | $160,510↑ 10% | 52 mi |
Comparing salaries near Massachusetts nonmetropolitan area
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Massachusetts nonmetropolitan area?
The median annual salary for a Personal Financial Advisors in Massachusetts nonmetropolitan area is $145,850. This typically ranges from $67,380 for entry-level positions to $218,775 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Massachusetts nonmetropolitan area is 9.0% lower than the national median of $160,360.
Is Massachusetts nonmetropolitan area a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in Massachusetts nonmetropolitan area is $145,850 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Massachusetts nonmetropolitan area. See distinct detailed breakdown below.
Is Massachusetts nonmetropolitan area a good place to live for Personal Financial Advisors?
The Cost of Living Index in Massachusetts nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Massachusetts nonmetropolitan area?
Some top paying nearby cities include Worcester, MA ($152,160) and Boston-Cambridge-Newton, MA-NH.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 30 employees in the Massachusetts nonmetropolitan area area with a job density of 0.836 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 Massachusetts nonmetropolitan area