Average Personal Financial Advisors Salary in Staunton-Stuarts Draft, VA
The average salary for Personal Financial Advisorss in Staunton-Stuarts Draft, VA is $117,600. While this is lower than the national average, the cost of living in Staunton-Stuarts Draft, VA may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $117,600 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $224,700.
- 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 Staunton-Stuarts Draft, VA economy.
Salary Overview
The average Personal Financial Advisors in Staunton-Stuarts Draft, VA earns-26.7%below the national average.
$56.5
$2,262
$9,800
Personal Financial Advisors Salary Trends (2020-2024)
Historical trend data for Personal Financial Advisors in Staunton-Stuarts Draft, VA is limited, but current market signals indicate a stable demand environment.
Personal Financial Advisors Salary Distribution in Staunton-Stuarts Draft, VA
The earning potential for Personal Financial Advisorss in Staunton-Stuarts Draft, VA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 5.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $40,160, while highly experienced professionals can command wages upwards of $224,700.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,160 | $19.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $88,200 | $42.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $83,820 | $40.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $147,000 | $70.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $224,700 | $108 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$117,600
Gross Pay
Real Wage (Purchasing Power)
$117,600
Adjusted for COL (100)
In Staunton-Stuarts Draft, VA, the Cost of Living Index is 100. This increases your effective purchasing power from $117,600 to $117,600.
Job Market Context
40
Total Jobs
0.727
Per 1K Jobs
0.41
Location Quotient
At 0.41x, Staunton-Stuarts Draft, VA 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 Staunton-Stuarts Draft, VA.
Only 0.727 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. |
|---|---|---|
| Harrisonburg, VA Personal Financial Advisors Salary | $105,410↓ 10% | 22 mi |
| Charlottesville, VA Personal Financial Advisors Salary | $149,010↑ 27% | 32 mi |
| Lynchburg, VA Personal Financial Advisors Salary | $143,100↑ 22% | 53 mi |
| Southside Virginia nonmetropolitan area Personal Financial Advisors Salary | $126,290↑ 7% | 56 mi |
| Northern West Virginia nonmetropolitan area Personal Financial Advisors Salary | $90,100↓ 23% | 56 mi |
Comparing salaries near Staunton-Stuarts Draft, VA
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Staunton-Stuarts Draft, VA?
The median annual salary for a Personal Financial Advisors in Staunton-Stuarts Draft, VA is $117,600. This typically ranges from $40,160 for entry-level positions to $224,700 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Staunton-Stuarts Draft, VA is 26.7% lower than the national median of $160,360.
Is Staunton-Stuarts Draft, VA a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in Staunton-Stuarts Draft, VA is $117,600 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Staunton-Stuarts Draft, VA. See distinct detailed breakdown below.
Is Staunton-Stuarts Draft, VA a good place to live for Personal Financial Advisors?
The Cost of Living Index in Staunton-Stuarts Draft, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Staunton-Stuarts Draft, VA?
Some top paying nearby cities include Harrisonburg, VA ($105,410) and Charlottesville, VA.
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 Staunton-Stuarts Draft, VA area with a job density of 0.727 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 Staunton-Stuarts Draft, VA