The annual salary statistics of personal financial advisors in Cincinnati-Middletown, Ohio is shown in Table 1. The wage data of personal financial advisors in Cincinnati-Middletown 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 | $48,530 |
| 25th Percentile Wage | $61,160 |
| 50th Percentile Wage | $96,100 |
| 75th Percentile Wage | $156,380 |
| 90th Percentile Wage | $200,110 |
Table 1 shows the average annual salary for personal financial advisors in Cincinnati-Middletown, Ohio in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $200,110. The median (50th percentile) annual salary is $96,100. The average annual salary for the bottom 10 percent earners is $48,530.
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 | $96,100 | -5.55% | 23.79% |
| 2021 | $101,430 | 7.56% | - |
| 2020 | $93,760 | 12.92% | - |
| 2019 | $81,650 | 6.64% | - |
| 2018 | $76,230 | -6.15% | - |
| 2017 | $80,920 | -17.38% | - |
| 2016 | $94,980 | 3.83% | - |
| 2015 | $91,340 | 12.49% | - |
| 2014 | $79,930 | 10.92% | - |
| 2013 | $71,200 | -2.87% | - |
| 2012 | $73,240 | - | - |
From Table 3 we note that with a median annual salary of $96,100, Cincinnati-Middletown is the highest paying city for personal financial advisors in state of Ohio, followed by Dayton (median annual salary $87,960). In comparison, the median annual salary of personal financial advisors in Cincinnati-Middletown is 8.5 percent (8.5%) higher than that in Dayton.
| 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 |