Financial Advisor Salary in Rio Rancho, New Mexico
The median financial advisor salary in Rio Rancho, NM is $87,759 per year, which is 8% below the national median and 1.1% below the New Mexico state average.
Financial Advisor Salary in Rio Rancho by Experience
In Rio Rancho, an entry-level financial advisor earns around $44,160, while experienced professionals earn up to $165,600 per year. The local cost of living index is 92% of the national average.
Salary Percentiles in Rio Rancho, NM
| Percentile | Rio Rancho |
|---|---|
| 10th Percentile | $40,848 |
| 25th Percentile | $57,408 |
| Median (50th) | $87,759 |
| 75th Percentile | $137,080 |
| 90th Percentile | $219,880 |
Financial Advisor Salary in Other New Mexico Cities
How to Become a Financial Advisor in Rio Rancho
Education
Most financial advisor positions require a bachelor's degree. Rio Rancho and the surrounding New Mexico area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Rio Rancho may vary based on local industry and population growth.