The annual salary statistics of personal financial advisors in Youngstown-Warren-Boardman, Pennsylvania is shown in Table 1. The wage statistics of personal financial advisors in Youngstown-Warren-Boardman 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 | $39,330 |
| 25th Percentile Wage | $50,850 |
| 50th Percentile Wage | $72,200 |
| 75th Percentile Wage | $133,350 |
| 90th Percentile Wage | $194,770 |
Table 1 shows the average annual salary for personal financial advisors in Youngstown-Warren-Boardman, Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $194,770. The median (50th percentile) annual salary is $72,200. The average annual salary for the bottom 10 percent earners is $39,330.
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 | $72,200 | -7.34% | 21.44% |
| 2021 | $77,500 | -1.79% | - |
| 2020 | $78,890 | -5.83% | - |
| 2019 | $83,490 | -41.92% | - |
| 2017 | $118,490 | 24.54% | - |
| 2016 | $89,410 | 8.66% | - |
| 2015 | $81,670 | 4.08% | - |
| 2014 | $78,340 | 20.54% | - |
| 2013 | $62,250 | 8.88% | - |
| 2012 | $56,720 | - | - |
From Table 3 we note that the median annual salary of $72,200 in Youngstown-Warren-Boardman 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 Youngstown-Warren-Boardman is 44.3 percent (44.3%) lower than that in the highest paying Pittsburgh and 15.3 percent (15.3%) higher than that in the lowest paying East Central Pennsylvania nonmetropolitan area.