Average Personal Financial Advisors Salary in Racine-Mount Pleasant, WI
The average salary for a Personal Financial Advisors in Racine-Mount Pleasant, WI is $148,950. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $148,950 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $223,425.
- Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Racine-Mount Pleasant, WI economy.
Salary Overview
The average Personal Financial Advisors in Racine-Mount Pleasant, WI earns-7.1%below the national average.
$71.6
$2,864
$12,413
Personal Financial Advisors Salary Trends (2020-2024)
Historical trend data for Personal Financial Advisors in Racine-Mount Pleasant, WI is limited, but current market signals indicate a stable demand environment.
Personal Financial Advisors Salary Distribution in Racine-Mount Pleasant, WI
The earning potential for Personal Financial Advisorss in Racine-Mount Pleasant, WI 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 $58,310, while highly experienced professionals can command wages upwards of $223,425.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $58,310 | $28 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $111,713 | $53.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $98,650 | $47.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $186,188 | $89.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $223,425 | $107.4 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$148,950
Gross Pay
Real Wage (Purchasing Power)
$148,950
Adjusted for COL (100)
In Racine-Mount Pleasant, WI, the Cost of Living Index is 100. This increases your effective purchasing power from $148,950 to $148,950.
Job Market Context
70
Total Jobs
0.888
Per 1K Jobs
0.51
Location Quotient
Racine-Mount Pleasant, WI has 0.51x 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.
70 people work as Personal Financial Advisors in Racine-Mount Pleasant, WI.
Only 0.888 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. |
|---|---|---|
| Kenosha, WI Personal Financial Advisors Salary | $135,960↓ 9% | 10 mi |
| Milwaukee-Waukesha, WI Personal Financial Advisors Salary | $160,610↑ 8% | 25 mi |
| Chicago-Naperville-Elgin, IL-IN Personal Financial Advisors Salary | $162,700↑ 9% | 59 mi |
| Janesville-Beloit, WI Personal Financial Advisors Salary | $143,720↓ 4% | 61 mi |
Comparing salaries near Racine-Mount Pleasant, WI
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Racine-Mount Pleasant, WI?
The median annual salary for a Personal Financial Advisors in Racine-Mount Pleasant, WI is $148,950. This typically ranges from $58,310 for entry-level positions to $223,425 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Racine-Mount Pleasant, WI is 7.1% lower than the national median of $160,360.
Is Racine-Mount Pleasant, WI a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in Racine-Mount Pleasant, WI is $148,950 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Racine-Mount Pleasant, WI. See distinct detailed breakdown below.
Is Racine-Mount Pleasant, WI a good place to live for Personal Financial Advisors?
The Cost of Living Index in Racine-Mount Pleasant, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Racine-Mount Pleasant, WI?
Some top paying nearby cities include Kenosha, WI ($135,960) and Milwaukee-Waukesha, WI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Racine-Mount Pleasant, WI area with a job density of 0.888 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 Racine-Mount Pleasant, WI