The annual salary statistics of personal financial advisors in Staunton-Waynesboro, Virginia is shown in Table 1. The wage information of personal financial advisors in Staunton-Waynesboro 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 | $36,160 |
| 25th Percentile Wage | $49,700 |
| 50th Percentile Wage | $62,540 |
| 75th Percentile Wage | $100,360 |
| 90th Percentile Wage | $181,500 |
Table 1 shows the average annual salary for personal financial advisors in Staunton-Waynesboro, Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $181,500. The median (50th percentile) annual salary is $62,540. The average annual salary for the bottom 10 percent earners is $36,160.
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 | $62,540 | -21.36% | -135.64% |
| 2021 | $75,900 | -25.32% | - |
| 2020 | $95,120 | -54.93% | - |
| 2015 | $147,370 | 0.00% | - |
| 2012 | $147,370 | - | - |
From Table 3 we note that the median annual salary of $62,540 in Staunton-Waynesboro is in the middle of salary range for personal financial advisors in state of Virginia. In comparison, the annual salary of personal financial advisors in Staunton-Waynesboro is 35.7 percent (35.7%) lower than that in the highest paying Richmond and 40.1 percent (40.1%) higher than that in the lowest paying Northwestern Virginia nonmetropolitan area.