The annual salary statistics of personal financial advisors in Hickory-Lenoir-Morganton, North Carolina is shown in Table 1. The wage information of personal financial advisors in Hickory-Lenoir-Morganton 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 | $37,520 |
| 25th Percentile Wage | $41,710 |
| 50th Percentile Wage | $83,140 |
| 75th Percentile Wage | $101,110 |
| 90th Percentile Wage | $219,270 |
Table 1 shows the average annual salary for personal financial advisors in Hickory-Lenoir-Morganton, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $219,270. The median (50th percentile) annual salary is $83,140. The average annual salary for the bottom 10 percent earners is $37,520.
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 | $83,140 | 9.09% | -2.81% |
| 2021 | $75,580 | -46.81% | - |
| 2020 | $110,960 | 3.89% | - |
| 2019 | $106,640 | -32.81% | - |
| 2018 | $141,630 | -5.14% | - |
| 2017 | $148,910 | 58.25% | - |
| 2015 | $62,170 | -35.31% | - |
| 2014 | $84,120 | -1.06% | - |
| 2013 | $85,010 | -0.55% | - |
| 2012 | $85,480 | - | - |
From Table 3 we note that the median annual salary of $83,140 in Hickory-Lenoir-Morganton 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 Hickory-Lenoir-Morganton is 21.8 percent (21.8%) lower than that in the highest paying Greensboro-High Point and 22.0 percent (22.0%) higher than that in the lowest paying Rocky Mount.