Personal Financial Advisor Salary Information in Rockford, Illinois

The annual and hourly salary statistics of personal financial advisors in Rockford, Illinois are shown in Table 1 and Table 2, respectively. The wage data of personal financial advisors in Rockford is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & Table 2. Annual & Hourly Salaries of Personal Financial Advisors in Rockford, Illinois

Percentile BracketAverage Annual Salary
10th Percentile Wage
$32,280
25th Percentile Wage
$38,160
50th Percentile Wage
$54,300
75th Percentile Wage
$81,780
90th Percentile Wage
$148,860

Table 1 shows the average annual salary for personal financial advisors in Rockford, Illinois in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $148,860. The median (50th percentile) annual salary is $54,300. The average annual salary for the bottom 10 percent earners is $32,280.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of personal financial advisors from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$54,300
-0.59% -18.62%
2016
$54,620
10.53% -
2015
$48,870
-34.97% -
2014
$65,960
3.23% -
2013
$63,830
-0.91% -
2012
$64,410
- -

Table 3. Compare Personal Financial Advisor Salary in Rockford with Other Illinois Cities

From Table 3 we note that the median annual salary of $54,300 in Rockford is in the middle of salary range for personal financial advisors in state of Illinois. In comparison, the annual salary of personal financial advisors in Rockford is 43.4 percent (43.4%) lower than that in the highest paying Kankakee-Bradley and 26.5 percent (26.5%) higher than that in the lowest paying Northwest Illinois nonmetropolitan area.

Cities/Areas Median Annual Salary
Kankakee-Bradley
$95,930
Chicago-Joliet-Naperville (IL Metropolitan Division)
$86,640
Chicago-Joliet-Naperville (IL-IN-WI Area)
$86,030
Decatur
$85,760
Springfield
$82,930
Peoria
$71,900
Champaign-Urbana
$61,410
West Central Illinois nonmetropolitan area
$54,940
Rockford
$54,300
South Illinois nonmetropolitan area
$53,730
East Central Illinois nonmetropolitan area
$47,260
Bloomington-Normal
$43,790
Northwest Illinois nonmetropolitan area
$39,910



See also: Top paying jobs in Rockford, Illinois.