Average Personal Financial Advisors Salary in Sioux City, IA-NE-SD
The average salary for Personal Financial Advisorss in Sioux City, IA-NE-SD is $136,810. While this is lower than the national average, the cost of living in Sioux City, IA-NE-SD may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $136,810 per year.
- Growth Trend: Salaries have shifted 45.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $205,215.
- 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 Sioux City, IA-NE-SD economy.
Salary Overview
The average Personal Financial Advisors in Sioux City, IA-NE-SD earns-14.7%below the national average.
$65.8
$2,631
$11,401
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 4 years, Personal Financial Advisors salaries in Sioux City, IA-NE-SD have experienced a rapid surge, growing by 45.9%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Personal Financial Advisors Salary Distribution in Sioux City, IA-NE-SD
The earning potential for Personal Financial Advisorss in Sioux City, IA-NE-SD varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 6.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $31,110, while highly experienced professionals can command wages upwards of $205,215.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,110 | $15 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $102,608 | $49.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,120 | $37.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $171,013 | $82.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $205,215 | $98.7 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$136,810
Gross Pay
Real Wage (Purchasing Power)
$136,810
Adjusted for COL (100)
In Sioux City, IA-NE-SD, the Cost of Living Index is 100. This increases your effective purchasing power from $136,810 to $136,810.
Job Market Context
80
Total Jobs
1.121
Per 1K Jobs
0.64
Location Quotient
Sioux City, IA-NE-SD has 0.64x 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.
80 people work as Personal Financial Advisors in Sioux City, IA-NE-SD.
1.121 out of every 1,000 local jobs are Personal Financial Advisors positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Personal Financial Advisors
| City | Salary | Dist. |
|---|---|---|
| Sioux Falls, SD-MN Personal Financial Advisors Salary | $165,130↑ 21% | 74 mi |
| Omaha, NE-IA Personal Financial Advisors Salary | $154,420↑ 13% | 87 mi |
Comparing salaries near Sioux City, IA-NE-SD
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Sioux City, IA-NE-SD?
The median annual salary for a Personal Financial Advisors in Sioux City, IA-NE-SD is $136,810. This typically ranges from $31,110 for entry-level positions to $205,215 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Sioux City, IA-NE-SD is 14.7% lower than the national median of $160,360.
Is Sioux City, IA-NE-SD a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in Sioux City, IA-NE-SD is $136,810 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Sioux City, IA-NE-SD. See distinct detailed breakdown below.
Is Sioux City, IA-NE-SD a good place to live for Personal Financial Advisors?
The Cost of Living Index in Sioux City, IA-NE-SD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Sioux City, IA-NE-SD?
Some top paying nearby cities include Sioux Falls, SD-MN ($165,130) and Omaha, NE-IA.
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 Sioux City, IA-NE-SD area with a job density of 1.121 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 Sioux City, IA-NE-SD