The annual salary statistics of personal financial advisors in Northeast Alabama nonmetropolitan area, Alabama is shown in Table 1. The wage data of personal financial advisors in Northeast Alabama nonmetropolitan area is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $46,100 |
| 25th Percentile Wage | $52,850 |
| 50th Percentile Wage | $100,900 |
| 75th Percentile Wage | $130,750 |
| 90th Percentile Wage | $128,570 |
Table 1 shows the average annual salary for personal financial advisors in Northeast Alabama nonmetropolitan area, Alabama in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $128,570. The median (50th percentile) annual salary is $100,900. The average annual salary for the bottom 10 percent earners is $46,100.
The table and chart below show the trend of the median salary of personal financial advisors from 2012 to 2020. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 2-Year Growth |
|---|---|---|---|
| 2020 | $100,900 | 5.02% | 20.07% |
| 2019 | $95,830 | 15.84% | - |
| 2018 | $80,650 | - | - |
From Table 3 we note that with a median annual salary of $100,900, Northeast Alabama nonmetropolitan area is the highest paying city for personal financial advisors in state of Alabama, followed by Birmingham-Hoover (median annual salary $83,040). In comparison, the median annual salary of personal financial advisors in Northeast Alabama nonmetropolitan area is 17.7 percent (17.7%) higher than that in Birmingham-Hoover.
| Cities/Areas | Median Annual Salary |
|---|---|
| Northeast Alabama nonmetropolitan area | |
| Birmingham-Hoover | |
| Montgomery | |
| Mobile | |
| Huntsville | |
| Tuscaloosa | |
| Daphne-Fairhope-Foley | |
| Decatur | |
| Dothan | |
| Southwest Alabama nonmetropolitan area | |
| Auburn-Opelika | |
| Florence-Muscle Shoals |