The annual salary statistics of personal financial advisors in Durham-Chapel Hill, North Carolina is shown in Table 1. The wage statistics of personal financial advisors in Durham-Chapel Hill 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 | $40,500 |
| 25th Percentile Wage | $51,280 |
| 50th Percentile Wage | $77,620 |
| 75th Percentile Wage | $161,960 |
| 90th Percentile Wage | $183,180 |
Table 1 shows the average annual salary for personal financial advisors in Durham-Chapel Hill, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $183,180. The median (50th percentile) annual salary is $77,620. The average annual salary for the bottom 10 percent earners is $40,500.
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 | $77,620 | -17.61% | 32.36% |
| 2021 | $91,290 | 37.42% | - |
| 2020 | $57,130 | -14.09% | - |
| 2019 | $65,180 | 22.40% | - |
| 2018 | $50,580 | -157.75% | - |
| 2017 | $130,370 | 20.83% | - |
| 2016 | $103,210 | 42.33% | - |
| 2013 | $59,520 | 11.79% | - |
| 2012 | $52,500 | - | - |
From Table 3 we note that the median annual salary of $77,620 in Durham-Chapel Hill is in the middle of salary range for personal financial advisors in state of North Carolina. In comparison, the annual salary of personal financial advisors in Durham-Chapel Hill is 27.0 percent (27.0%) lower than that in the highest paying Greensboro-High Point and 16.5 percent (16.5%) higher than that in the lowest paying Rocky Mount.