Binghamton vs Rochester: Financial Advisor Salary (2026)
Compare financial advisor salaries between Binghamton, NY and Rochester, NY. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Binghamton, NY | Rochester, NY |
|---|---|---|
| Median Salary | $107,008▲ | $104,488 |
| Hourly Rate | $51.44▲ | $50.23 |
| Entry Level (P10) | $65,719▲ | $63,209 |
| 25th Percentile | $76,215▲ | $74,944 |
| 75th Percentile | $216,424▲ | $180,093 |
| Top Earner (P90) | $340,714▲ | $295,758 |
| Total Employed | 100 | 820▲ |
Verdict
Binghamton, NY offers better overall compensation for financial advisors, winning 3 out of 4 metrics compared to Rochester.
The salary gap between Binghamton and Rochester is $2,520 (2.41%). Binghamton's median is -1.41% compared to the US national median of $108,537.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Binghamton spans $274,995,Rochester spans $232,549. Binghamton has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Binghamton ($115,232 effective) pays 7.01% more than Rochester ($107,681 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Binghamton if…
- ✓Higher median salary ($107,008/year)
- ✓Better top-earner potential ($340,714)
- ✓Better purchasing power (CoL-adjusted: $115,232)
- ✓You prefer the New York area and lifestyle
Choose Rochester if…
- ✓Larger job market (820 employed)
- ✓You prefer the New York area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, financial advisor salaries in Binghamton grew 39.1% from 2019 to 2025, compared to 10.3% growth in Rochester over the same period.
Binghamton, NY
$74,460 (2019) → $103,590 (2025)
Rochester, NY
$91,670 (2019) → $101,150 (2025)
View Full Salary Data
Binghamton, NY
Rochester, NY
Frequently Asked Questions
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Written by Jordan Lee, CFP
Career Analyst
Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.
Methodology & Data Source
All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.30% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.
Data Sources & Methodology
Source: BLS, OEWS , released .
Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov