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Average Personal Financial Advisors Salary in Northwestern Region of Texas nonmetropolitan area

The average salary for Personal Financial Advisorss in Northwestern Region of Texas nonmetropolitan area is $75,830. While this is lower than the national average, the cost of living in Northwestern Region of Texas nonmetropolitan area may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $75,830 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $156,300.
  • Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 80 professionals. This role remains a specialized component of the broader Northwestern Region of Texas nonmetropolitan area economy.
2024 Market Data

Salary Overview

$75,830

The average Personal Financial Advisors in Northwestern Region of Texas nonmetropolitan area earns-52.7%below the national average.

BreakdownBased on 40h/week
Hourly

$36.5

Weekly

$1,458

Monthly

$6,319

Personal Financial Advisors Salary Distribution in Northwestern Region of Texas nonmetropolitan area

The earning potential for Personal Financial Advisorss in Northwestern Region of Texas nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.3x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $36,290, while highly experienced professionals can command wages upwards of $156,300.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,290$17.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$56,873$27.3
ManagerOversees team, compliance, and project delivery.50% (Median)$49,440$23.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$94,788$45.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$156,300$75.1

Detailed Personal Financial Advisors Market Analysis

Relocation Context

Nominal Salary

$75,830

Gross Pay

Real Wage (Purchasing Power)

$75,830

Adjusted for COL (100)

In Northwestern Region of Texas nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $75,830 to $75,830.

Job Market Context

80

Total Jobs

0.429

Per 1K Jobs

0.24

Location Quotient

Low Concentration

At 0.24x, Northwestern Region of Texas 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.

80 people work as Personal Financial Advisors in Northwestern Region of Texas nonmetropolitan area.

Only 0.429 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

CitySalaryDist.
Killeen-Temple, TX Personal Financial Advisors Salary$85,690↑ 13%10 mi
Waco, TX Personal Financial Advisors Salary$93,780↑ 24%41 mi
Austin-Round Rock-San Marcos, TX Personal Financial Advisors Salary$138,430↑ 83%53 mi
College Station-Bryan, TX Personal Financial Advisors Salary$90,660↑ 20%82 mi

Comparing salaries near Northwestern Region of Texas nonmetropolitan area

Hiring Personal Financial Advisorss?

Frequently Asked Questions

How much does a Personal Financial Advisors make in Northwestern Region of Texas nonmetropolitan area?

The median annual salary for a Personal Financial Advisors in Northwestern Region of Texas nonmetropolitan area is $75,830. This typically ranges from $36,290 for entry-level positions to $156,300 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwestern Region of Texas nonmetropolitan area is 52.7% lower than the national median of $160,360.

Is Northwestern Region of Texas nonmetropolitan area a good place for Personal Financial Advisorss?

It depends on your priorities. While the average Personal Financial Advisors salary in Northwestern Region of Texas nonmetropolitan area is $75,830 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Northwestern Region of Texas nonmetropolitan area. See distinct detailed breakdown below.

Is Northwestern Region of Texas nonmetropolitan area a good place to live for Personal Financial Advisors?

The Cost of Living Index in Northwestern Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northwestern Region of Texas nonmetropolitan area?

Some top paying nearby cities include Killeen-Temple, TX ($85,690) and Waco, TX.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 80 employees in the Northwestern Region of Texas nonmetropolitan area area with a job density of 0.429 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Northwestern Region of Texas nonmetropolitan area

Semantic Salary Analysis for Personal Financial Advisors • Data source: BLS OEWS 2024 •Jobs in Northwestern Region of Texas nonmetropolitan area