Average Personal Financial Advisors Salary in Salisbury, MD
The average salary for Personal Financial Advisorss in Salisbury, MD is $108,480. While this is lower than the national average, the cost of living in Salisbury, MD may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $108,480 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $204,170.
- 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 Salisbury, MD economy.
Salary Overview
The average Personal Financial Advisors in Salisbury, MD earns-32.4%below the national average.
$52.2
$2,086
$9,040
Personal Financial Advisors Salary Trends (2020-2024)
Historical trend data for Personal Financial Advisors in Salisbury, MD is limited, but current market signals indicate a stable demand environment.
Personal Financial Advisors Salary Distribution in Salisbury, MD
The earning potential for Personal Financial Advisorss in Salisbury, MD varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $44,250, while highly experienced professionals can command wages upwards of $204,170.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,250 | $21.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $81,360 | $39.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,210 | $36.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $135,600 | $65.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $204,170 | $98.2 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$108,480
Gross Pay
Real Wage (Purchasing Power)
$108,480
Adjusted for COL (100)
In Salisbury, MD, the Cost of Living Index is 100. This increases your effective purchasing power from $108,480 to $108,480.
Job Market Context
40
Total Jobs
0.684
Per 1K Jobs
0.39
Location Quotient
At 0.39x, Salisbury, MD has a notably lower concentration of Personal Financial Advisors jobs than the national average. Opportunities in this area are relatively scarce for this profession.
40 people work as Personal Financial Advisors in Salisbury, MD.
Only 0.684 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. |
|---|---|---|
| Lexington Park, MD Personal Financial Advisors Salary | $84,620↓ 22% | 47 mi |
| Sussex Delaware nonmetropolitan area Personal Financial Advisors Salary | $107,900↓ 1% | 65 mi |
| Maryland nonmetropolitan area Personal Financial Advisors Salary | $118,000↑ 9% | 81 mi |
Comparing salaries near Salisbury, MD
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Salisbury, MD?
The median annual salary for a Personal Financial Advisors in Salisbury, MD is $108,480. This typically ranges from $44,250 for entry-level positions to $204,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Salisbury, MD is 32.4% lower than the national median of $160,360.
Is Salisbury, MD a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in Salisbury, MD is $108,480 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Salisbury, MD. See distinct detailed breakdown below.
Is Salisbury, MD a good place to live for Personal Financial Advisors?
The Cost of Living Index in Salisbury, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Salisbury, MD?
Some top paying nearby cities include Lexington Park, MD ($84,620) and Sussex Delaware nonmetropolitan area.
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 Salisbury, MD area with a job density of 0.684 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 Salisbury, MD