The annual salary statistics of personal financial advisors in Canton-Massillon, Ohio is shown in Table 1. The wage data of personal financial advisors in Canton-Massillon 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 | $44,760 |
| 25th Percentile Wage | $60,810 |
| 50th Percentile Wage | $72,230 |
| 75th Percentile Wage | $123,680 |
| 90th Percentile Wage | $157,110 |
Table 1 shows the average annual salary for personal financial advisors in Canton-Massillon, Ohio in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $157,110. The median (50th percentile) annual salary is $72,230. The average annual salary for the bottom 10 percent earners is $44,760.
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 | $72,230 | 17.62% | -5.01% |
| 2021 | $59,500 | 15.55% | - |
| 2020 | $50,250 | 3.18% | - |
| 2019 | $48,650 | -63.10% | - |
| 2018 | $79,350 | -21.15% | - |
| 2017 | $96,130 | 5.50% | - |
| 2016 | $90,840 | 3.95% | - |
| 2015 | $87,250 | 9.97% | - |
| 2014 | $78,550 | 10.43% | - |
| 2013 | $70,360 | -7.80% | - |
| 2012 | $75,850 | - | - |
From Table 3 we note that the median annual salary of $72,230 in Canton-Massillon is in the middle of salary range for personal financial advisors in state of Ohio. In comparison, the annual salary of personal financial advisors in Canton-Massillon is 24.8 percent (24.8%) lower than that in the highest paying Cincinnati-Middletown and 18.9 percent (18.9%) higher than that in the lowest paying Lima.
| Cities/Areas | Median Annual Salary |
|---|---|
| Cincinnati-Middletown | |
| Dayton | |
| Akron | |
| Cleveland-Elyria-Mentor | |
| Eastern Ohio nonmetropolitan area | |
| Columbus | |
| West Northwestern Ohio nonmetropolitan area | |
| Canton-Massillon | |
| Southern Ohio nonmetropolitan area | |
| Other Ohio nonmetropolitan area | |
| Toledo | |
| Sandusky | |
| Mansfield | |
| Springfield | |
| Lima |