Average Personal Financial Advisors Salary in Winchester, VA-WV
The average salary for Personal Financial Advisorss in Winchester, VA-WV is $92,690. While this is lower than the national average, the cost of living in Winchester, VA-WV may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $92,690 per year.
- Growth Trend: Salaries have shifted 18.4% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $169,890.
- Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Winchester, VA-WV economy.
Salary Overview
The average Personal Financial Advisors in Winchester, VA-WV earns-42.2%below the national average.
$44.6
$1,783
$7,724
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 3 years, Personal Financial Advisors salaries in Winchester, VA-WV have seen a slight adjustment of -18.4%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Personal Financial Advisors Salary Distribution in Winchester, VA-WV
The earning potential for Personal Financial Advisorss in Winchester, VA-WV varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $44,980, while highly experienced professionals can command wages upwards of $169,890.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,980 | $21.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $69,518 | $33.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $51,660 | $24.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $115,863 | $55.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $169,890 | $81.7 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$92,690
Gross Pay
Real Wage (Purchasing Power)
$92,690
Adjusted for COL (100)
In Winchester, VA-WV, the Cost of Living Index is 100. This increases your effective purchasing power from $92,690 to $92,690.
Job Market Context
110
Total Jobs
1.638
Per 1K Jobs
0.93
Location Quotient
Winchester, VA-WV has 0.93x 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.
110 people work as Personal Financial Advisors in Winchester, VA-WV.
1.638 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. |
|---|---|---|
| Hagerstown-Martinsburg, MD-WV Personal Financial Advisors Salary | $119,560↑ 29% | 40 mi |
| Chambersburg, PA Personal Financial Advisors Salary | $109,210↑ 18% | 59 mi |
| Harrisonburg, VA Personal Financial Advisors Salary | $105,410↑ 14% | 63 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Personal Financial Advisors Salary | $170,870↑ 84% | 64 mi |
Comparing salaries near Winchester, VA-WV
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Winchester, VA-WV?
The median annual salary for a Personal Financial Advisors in Winchester, VA-WV is $92,690. This typically ranges from $44,980 for entry-level positions to $169,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Winchester, VA-WV is 42.2% lower than the national median of $160,360.
Is Winchester, VA-WV a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in Winchester, VA-WV is $92,690 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Winchester, VA-WV. See distinct detailed breakdown below.
Is Winchester, VA-WV a good place to live for Personal Financial Advisors?
The Cost of Living Index in Winchester, VA-WV is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Winchester, VA-WV?
Some top paying nearby cities include Hagerstown-Martinsburg, MD-WV ($119,560) and Chambersburg, PA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Winchester, VA-WV area with a job density of 1.638 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 Winchester, VA-WV