Business & Finance Salem, OR Pop. 175,535

Financial Advisor Salary in Salem, Oregon

The median financial advisor salary in Salem, OR is $97,298 per year, which is 2.0% above the national median and 7.3% below the Oregon state average.

City Median
$97,298
vs State Avg
$-7,631
vs National
+$1,908
Cost of Living
102%

Financial Advisor Salary in Salem by Experience

In Salem, an entry-level financial advisor earns around $48,960, while experienced professionals earn up to $183,600 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$48,960
+$960 vs national
Mid Level (3-7 yrs)
$96,900
+$1,900 vs national
Senior Level (8+ yrs)
$183,600
+$3,600 vs national

Salary Percentiles in Salem, OR

Percentile Salem
10th Percentile $45,288
25th Percentile $63,648
Median (50th) $97,298
75th Percentile $151,980
90th Percentile $243,780

Financial Advisor Salary in Other Oregon Cities

How to Become a Financial Advisor in Salem

Education

Most financial advisor positions require a bachelor's degree. Salem and the surrounding Oregon area have institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Salem may vary based on local industry and population growth.

Find Financial Advisor Jobs in Salem

Browse open financial advisor positions in Salem, OR:

Frequently Asked Questions: Financial Advisor Salary in Salem

How much does a Financial Advisor make in Salem, OR?
The median financial advisor salary in Salem, Oregon is $97,298 per year, which is 2.0% above the national median of $95,390. Salaries range from $45,288 (10th percentile) to $243,780 (90th percentile).
How much does a Financial Advisor make per hour in Salem?
Based on the median annual salary of $97,298, a financial advisor in Salem earns approximately $47 per hour assuming a standard 2,080-hour work year.
How does Salem compare to the Oregon state average for financial advisor pay?
Salem's median financial advisor salary of $97,298 is 7.3% below the Oregon state average of $104,929. The local cost of living index is 102% of the national average.
What is the cost of living in Salem, OR?
Salem has a cost of living index of 102% compared to the national average. This means a financial advisor salary of $97,298 in Salem has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Salem?
Most financial advisor positions in Salem require a bachelor's degree. Key skills include Investment Planning, Portfolio Management, Tax Planning, Client Relations. The job market is projected to grow 13% nationally over the next decade.