The annual salary statistics of personal financial advisors in Gulfport-Biloxi, Mississippi is shown in Table 1. The wage statistics of personal financial advisors in Gulfport-Biloxi 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 | $39,000 |
| 25th Percentile Wage | $50,030 |
| 50th Percentile Wage | $58,560 |
| 75th Percentile Wage | $101,570 |
| 90th Percentile Wage | $159,160 |
Table 1 shows the average annual salary for personal financial advisors in Gulfport-Biloxi, Mississippi in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $159,160. The median (50th percentile) annual salary is $58,560. The average annual salary for the bottom 10 percent earners is $39,000.
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 | $58,560 | 18.20% | 34.19% |
| 2021 | $47,900 | 11.00% | - |
| 2020 | $42,630 | -15.62% | - |
| 2019 | $49,290 | -1.24% | - |
| 2018 | $49,900 | -7.23% | - |
| 2016 | $53,510 | 23.66% | - |
| 2014 | $40,850 | 2.94% | - |
| 2013 | $39,650 | 2.80% | - |
| 2012 | $38,540 | - | - |
From Table 3 we note that the median annual salary of $58,560 in Gulfport-Biloxi is in the middle of salary range for personal financial advisors in state of Mississippi. In comparison, the annual salary of personal financial advisors in Gulfport-Biloxi is 27.1 percent (27.1%) lower than that in the highest paying Jackson and 19.3 percent (19.3%) higher than that in the lowest paying Southeast Mississippi nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Jackson | |
| Northeast Mississippi nonmetropolitan area | |
| Gulfport-Biloxi | |
| Northwest Mississippi nonmetropolitan area | |
| Southwest Mississippi nonmetropolitan area | |
| Hattiesburg | |
| Southeast Mississippi nonmetropolitan area |