The annual salary statistics of personal financial advisors in Michigan City-La Porte, Indiana is shown in Table 1. The wage information of personal financial advisors in Michigan City-La Porte 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 | $36,710 |
| 25th Percentile Wage | $45,510 |
| 50th Percentile Wage | $63,290 |
| 75th Percentile Wage | $94,450 |
| 90th Percentile Wage | $152,860 |
Table 1 shows the average annual salary for personal financial advisors in Michigan City-La Porte, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $152,860. The median (50th percentile) annual salary is $63,290. The average annual salary for the bottom 10 percent earners is $36,710.
From Table 3 we note that the median annual salary of $63,290 in Michigan City-La Porte 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 Michigan City-La Porte is 36.3 percent (36.3%) lower than that in the highest paying Indianapolis-Carmel and 8.4 percent (8.4%) higher than that in the lowest paying Central Indiana nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Indianapolis-Carmel | |
| Kokomo | |
| Lafayette | |
| Columbus | |
| Muncie | |
| Northern Indiana nonmetropolitan area | |
| Elkhart-Goshen | |
| Lafayette-West Lafayette | |
| Michigan City-La Porte | |
| Southern Indiana nonmetropolitan area | |
| Fort Wayne | |
| Gary | |
| Bloomington | |
| Terre Haute | |
| Central Indiana nonmetropolitan area |