The annual salary statistics of personal financial advisors in Lafayette, Indiana is shown in Table 1. The wage data of personal financial advisors in Lafayette 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 | $42,310 |
| 25th Percentile Wage | $65,060 |
| 50th Percentile Wage | $76,460 |
| 75th Percentile Wage | $88,420 |
| 90th Percentile Wage | $96,380 |
Table 1 shows the average annual salary for personal financial advisors in Lafayette, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $96,380. The median (50th percentile) annual salary is $76,460. The average annual salary for the bottom 10 percent earners is $42,310.
From Table 3 we note that the median annual salary of $76,460 in Lafayette is in the middle of salary range for personal financial advisors in state of Indiana. In comparison, the annual salary of personal financial advisors in Lafayette is 23.0 percent (23.0%) lower than that in the highest paying Indianapolis-Carmel and 24.2 percent (24.2%) higher than that in the lowest paying Central Indiana nonmetropolitan area.