The annual salary statistics of personal financial advisors in Houma-Bayou Cane-Thibodaux, Louisiana is shown in Table 1. The wage data of personal financial advisors in Houma-Bayou Cane-Thibodaux 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 | $45,330 |
| 25th Percentile Wage | $49,400 |
| 50th Percentile Wage | $66,350 |
| 75th Percentile Wage | $107,100 |
| 90th Percentile Wage | $180,110 |
Table 1 shows the average annual salary for personal financial advisors in Houma-Bayou Cane-Thibodaux, Louisiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $180,110. The median (50th percentile) annual salary is $66,350. The average annual salary for the bottom 10 percent earners is $45,330.
The table and chart below show the trend of the median salary of personal financial advisors from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $66,350 | -17.11% | -24.61% |
| 2021 | $77,700 | -9.82% | - |
| 2018 | $85,330 | 30.33% | - |
| 2017 | $59,450 | -39.07% | - |
| 2016 | $82,680 | 22.51% | - |
| 2015 | $64,070 | -16.62% | - |
| 2014 | $74,720 | 48.41% | - |
| 2013 | $38,550 | -114.47% | - |
| 2012 | $82,680 | - | - |
From Table 3 we note that the median annual salary of $66,350 in Houma-Bayou Cane-Thibodaux is in the middle of salary range for personal financial advisors in state of Louisiana. In comparison, the annual salary of personal financial advisors in Houma-Bayou Cane-Thibodaux is 22.4 percent (22.4%) lower than that in the highest paying New Orleans-Metairie-Kenner and 15.5 percent (15.5%) higher than that in the lowest paying Winnsboro nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| New Orleans-Metairie-Kenner | |
| Baton Rouge | |
| Houma-Bayou Cane-Thibodaux | |
| New Iberia nonmetropolitan area | |
| Shreveport-Bossier City | |
| Alexandria | |
| Lafayette | |
| Monroe | |
| Lake Charles | |
| Winnsboro nonmetropolitan area |