Average Personal Financial Advisors Salary in Southwest Maine nonmetropolitan area
The average salary for a Personal Financial Advisors in Southwest Maine nonmetropolitan area is $167,410. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $167,410 per year.
- Growth Trend: Salaries have shifted 9.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $251,115.
- Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 90 professionals. This role remains a specialized component of the broader Southwest Maine nonmetropolitan area economy.
Salary Overview
The average Personal Financial Advisors in Southwest Maine nonmetropolitan area earns+4.4%above the national average.
$80.5
$3,219
$13,951
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 4 years, Personal Financial Advisors salaries in Southwest Maine nonmetropolitan area have remained stable with a modest increase of 9.8%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Personal Financial Advisors Salary Distribution in Southwest Maine nonmetropolitan area
The earning potential for Personal Financial Advisorss in Southwest Maine nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 5.0x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $49,940, while highly experienced professionals can command wages upwards of $251,115.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,940 | $24 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $125,558 | $60.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $92,080 | $44.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $209,263 | $100.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $251,115 | $120.7 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$167,410
Gross Pay
Real Wage (Purchasing Power)
$167,410
Adjusted for COL (100)
In Southwest Maine nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $167,410 to $167,410.
Job Market Context
90
Total Jobs
0.599
Per 1K Jobs
0.34
Location Quotient
At 0.34x, Southwest Maine 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.
90 people work as Personal Financial Advisors in Southwest Maine nonmetropolitan area.
Only 0.599 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. |
|---|---|---|
| Bangor, ME Personal Financial Advisors Salary | $158,730↓ 5% | 31 mi |
| Portland-South Portland, ME Personal Financial Advisors Salary | $179,990↑ 8% | 83 mi |
Comparing salaries near Southwest Maine nonmetropolitan area
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Southwest Maine nonmetropolitan area?
The median annual salary for a Personal Financial Advisors in Southwest Maine nonmetropolitan area is $167,410. This typically ranges from $49,940 for entry-level positions to $251,115 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Maine nonmetropolitan area is 4.4% higher than the national median of $160,360.
Is Southwest Maine nonmetropolitan area a good place for Personal Financial Advisorss?
Yes, Southwest Maine nonmetropolitan area is financially attractive for Personal Financial Advisorss. The average salary of $167,410 exceeds the national average. See distinct detailed breakdown below.
Is Southwest Maine nonmetropolitan area a good place to live for Personal Financial Advisors?
The Cost of Living Index in Southwest Maine nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest Maine nonmetropolitan area?
Some top paying nearby cities include Bangor, ME ($158,730) and Portland-South Portland, ME.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 90 employees in the Southwest Maine nonmetropolitan area area with a job density of 0.599 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 Maine nonmetropolitan area