Personal Financial Advisors Salary in Memphis, TN-MS-AR
2024 wage data from the Bureau of Labor Statistics
Salary Overview
Personal Financial Advisors is a above-average occupation in Memphis, TN-MS-AR, with a median annual salary of $98,260. Personal Financial Advisorss in Memphis, TN-MS-AR earn $3,880 less (4%) than the national median of $102,140.
Personal Financial Advisorss in Memphis, TN-MS-AR earn $3,880 less (4%) than the national median of $102,140.
The average salary ($171,900) is notably higher than the median — this means top earners pull the average up. A small number of highly paid Personal Financial Advisorss skew the data.
Only 870 Personal Financial Advisorss work in Memphis, TN-MS-AR. Consider nearby metro areas for more opportunities.
Cost of Living Consideration
When evaluating this salary, factor in Memphis, TN-MS-AR's cost of living. Housing, transportation, and taxes vary significantly between cities and can impact how far your paycheck goes.
Salary Distribution
| Percentile | Annual Salary | Monthly |
|---|---|---|
| 10th Percentile | $39,110 | $3,259 |
| 25th Percentile | $53,660 | $4,472 |
| Median | $98,260 | $8,188 |
| 75th Percentile | $203,270 | $16,939 |
| 90th Percentile | N/A | N/A |
| Mean (Average) | $171,900 | $14,325 |
Personal Financial Advisors Salary in Other Cities
| Metro Area | Median Salary |
|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | $168,350 |
| San Francisco-Oakland-Berkeley, CA | $157,510 |
| San Diego-Chula Vista-Carlsbad, CA | $128,400 |
| Sacramento-Roseville-Folsom, CA | $126,690 |
| San Jose-Sunnyvale-Santa Clara, CA | $126,480 |
| Los Angeles-Long Beach-Anaheim, CA | $121,940 |
| Baltimore-Columbia-Towson, MD | $114,490 |
| Buffalo-Cheektowaga, NY | $112,120 |
| Seattle-Tacoma-Bellevue, WA | $112,020 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $109,520 |
Highest Paying Jobs in Memphis, TN-MS-AR
| Occupation | Median Salary |
|---|---|
| Architectural and Engineering Managers | $173,990 |
| Natural Sciences Managers | $166,330 |
| Financial Managers | $134,480 |
| Database Administrators | $129,440 |
| Computer Network Architects | $124,370 |
| Lawyers | $121,510 |
| Nurse Practitioners | $116,860 |
| Software Developers | $116,470 |
| Electrical Engineers | $106,800 |
| Medical and Health Services Managers | $106,620 |
Related Data Insights
The cost of living in Memphis, TN is 7.8% below the national average (index: 92.2). See full cost breakdown →
After adjusting for local cost of living, the purchasing power of Memphis, TN salaries is equivalent to $78,013 in an average-cost US city.