Average Personal Financial Advisors Salary in State College, PA
The average salary for a Personal Financial Advisors in State College, PA is $147,970. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $147,970 per year.
- Growth Trend: Salaries have shifted 62.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $221,955.
- Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 120 professionals. This role remains a specialized component of the broader State College, PA economy.
Salary Overview
The average Personal Financial Advisors in State College, PA earns-7.7%below the national average.
$71.1
$2,846
$12,331
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 4 years, Personal Financial Advisors salaries in State College, PA have experienced a rapid surge, growing by 62.9%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Personal Financial Advisors Salary Distribution in State College, PA
The earning potential for Personal Financial Advisorss in State College, PA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $45,780, while highly experienced professionals can command wages upwards of $221,955.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,780 | $22 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $110,978 | $53.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $94,480 | $45.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $184,963 | $88.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $221,955 | $106.7 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$147,970
Gross Pay
Real Wage (Purchasing Power)
$147,970
Adjusted for COL (100)
In State College, PA, the Cost of Living Index is 100. This increases your effective purchasing power from $147,970 to $147,970.
Job Market Context
120
Total Jobs
1.731
Per 1K Jobs
0.99
Location Quotient
State College, PA has 0.99x 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.
120 people work as Personal Financial Advisors in State College, PA.
1.731 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. |
|---|---|---|
| Altoona, PA Personal Financial Advisors Salary | $168,280↑ 14% | 35 mi |
| Northwestern Pennsylvania nonmetropolitan area Personal Financial Advisors Salary | $129,370↓ 13% | 45 mi |
| Central Pennsylvania nonmetropolitan area Personal Financial Advisors Salary | $125,680↓ 15% | 45 mi |
| Southwestern Pennsylvania nonmetropolitan area Personal Financial Advisors Salary | $143,340↓ 3% | 45 mi |
| Northeastern Pennsylvania nonmetropolitan area Personal Financial Advisors Salary | $101,530↓ 31% | 45 mi |
Comparing salaries near State College, PA
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in State College, PA?
The median annual salary for a Personal Financial Advisors in State College, PA is $147,970. This typically ranges from $45,780 for entry-level positions to $221,955 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in State College, PA is 7.7% lower than the national median of $160,360.
Is State College, PA a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in State College, PA is $147,970 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of State College, PA. See distinct detailed breakdown below.
Is State College, PA a good place to live for Personal Financial Advisors?
The Cost of Living Index in State College, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near State College, PA?
Some top paying nearby cities include Altoona, PA ($168,280) and Northwestern Pennsylvania 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 120 employees in the State College, PA area with a job density of 1.731 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 State College, PA