Average Personal Financial Advisors Salary in Southwest Iowa nonmetropolitan area
The average salary for Personal Financial Advisorss in Southwest Iowa nonmetropolitan area is $96,690. While this is lower than the national average, the cost of living in Southwest Iowa nonmetropolitan area may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $96,690 per year.
- Growth Trend: Salaries have shifted 22.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $130,020.
- 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 Southwest Iowa nonmetropolitan area economy.
Salary Overview
The average Personal Financial Advisors in Southwest Iowa nonmetropolitan area earns-39.7%below the national average.
$46.5
$1,859
$8,058
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 3 years, Personal Financial Advisors salaries in Southwest Iowa nonmetropolitan area have experienced a rapid surge, growing by 22.9%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Personal Financial Advisors Salary Distribution in Southwest Iowa nonmetropolitan area
The earning potential for Personal Financial Advisorss in Southwest Iowa nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.3x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $39,990, while highly experienced professionals can command wages upwards of $130,020.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,990 | $19.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $72,518 | $34.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $72,400 | $34.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $120,863 | $58.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $130,020 | $62.5 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$96,690
Gross Pay
Real Wage (Purchasing Power)
$96,690
Adjusted for COL (100)
In Southwest Iowa nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $96,690 to $96,690.
Job Market Context
40
Total Jobs
0.565
Per 1K Jobs
0.32
Location Quotient
At 0.32x, Southwest Iowa 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.
40 people work as Personal Financial Advisors in Southwest Iowa nonmetropolitan area.
Only 0.565 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. |
|---|---|---|
| Ames, IA Personal Financial Advisors Salary | $117,320↑ 21% | 21 mi |
| Des Moines-West Des Moines, IA Personal Financial Advisors Salary | $130,570↑ 35% | 37 mi |
| Waterloo-Cedar Falls, IA Personal Financial Advisors Salary | $112,300↑ 16% | 55 mi |
| Cedar Rapids, IA Personal Financial Advisors Salary | $127,150↑ 32% | 79 mi |
| Iowa City, IA Personal Financial Advisors Salary | $114,230↑ 18% | 90 mi |
Comparing salaries near Southwest Iowa nonmetropolitan area
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Southwest Iowa nonmetropolitan area?
The median annual salary for a Personal Financial Advisors in Southwest Iowa nonmetropolitan area is $96,690. This typically ranges from $39,990 for entry-level positions to $130,020 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Iowa nonmetropolitan area is 39.7% lower than the national median of $160,360.
Is Southwest Iowa nonmetropolitan area a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in Southwest Iowa nonmetropolitan area is $96,690 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Southwest Iowa nonmetropolitan area. See distinct detailed breakdown below.
Is Southwest Iowa nonmetropolitan area a good place to live for Personal Financial Advisors?
The Cost of Living Index in Southwest Iowa nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest Iowa nonmetropolitan area?
Some top paying nearby cities include Ames, IA ($117,320) and Des Moines-West Des Moines, IA.
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 Southwest Iowa nonmetropolitan area area with a job density of 0.565 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 Southwest Iowa nonmetropolitan area