The annual salary statistics of personal financial advisors in Scranton--Wilkes-Barre, Pennsylvania is shown in Table 1. The wage data of personal financial advisors in Scranton--Wilkes-Barre 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 | $50,240 |
| 25th Percentile Wage | $63,660 |
| 50th Percentile Wage | $101,890 |
| 75th Percentile Wage | $212,300 |
| 90th Percentile Wage | $198,220 |
Table 1 shows the average annual salary for personal financial advisors in Scranton--Wilkes-Barre, Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $198,220. The median (50th percentile) annual salary is $101,890. The average annual salary for the bottom 10 percent earners is $50,240.
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 | $101,890 | 4.72% | 46.19% |
| 2021 | $97,080 | 35.58% | - |
| 2020 | $62,540 | 7.96% | - |
| 2019 | $57,560 | -5.59% | - |
| 2018 | $60,780 | -3.31% | - |
| 2017 | $62,790 | 2.87% | - |
| 2013 | $60,990 | 10.10% | - |
| 2012 | $54,830 | - | - |
From Table 3 we note that the median annual salary of $101,890 in Scranton--Wilkes-Barre is in the middle of salary range for personal financial advisors in state of Pennsylvania. In comparison, the annual salary of personal financial advisors in Scranton--Wilkes-Barre is 21.4 percent (21.4%) lower than that in the highest paying Pittsburgh and 40.0 percent (40.0%) higher than that in the lowest paying East Central Pennsylvania nonmetropolitan area.