Bloomington vs Springfield: Financial Advisor Salary (2026)
Compare financial advisor salaries between Bloomington, IL and Springfield, IL. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Bloomington, IL | Springfield, IL |
|---|---|---|
| Median Salary | $145,725 | $159,464▲ |
| Hourly Rate | $70.06 | $76.67▲ |
| Entry Level (P10) | $60,358 | $63,292▲ |
| 25th Percentile | $86,607 | $87,113▲ |
| 75th Percentile | $229,564 | $240,431▲ |
| Top Earner (P90) | $358,399 | $414,873▲ |
| Total Employed | 60 | 100▲ |
Verdict
Springfield, IL offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Bloomington.
The salary gap between Bloomington and Springfield is $13,739 (9.43%). Springfield's median is +46.92% compared to the US national median of $108,537.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Bloomington spans $298,041,Springfield spans $351,581. Springfield has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Springfield ($171,938 effective) pays 10.36% more than Bloomington ($155,794 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Bloomington if…
- ✓You prefer the Illinois area and lifestyle
Choose Springfield if…
- ✓Higher median salary ($159,464/year)
- ✓Better top-earner potential ($414,873)
- ✓Larger job market (100 employed)
- ✓Better purchasing power (CoL-adjusted: $171,938)
- ✓You prefer the Illinois area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, financial advisor salaries in Bloomington grew 84.7% from 2020 to 2025, compared to 80.2% growth in Springfield over the same period.
Bloomington, IL
$76,360 (2020) → $141,070 (2025)
Springfield, IL
$85,660 (2019) → $154,370 (2025)
View Full Salary Data
Bloomington, IL
Springfield, IL
Frequently Asked Questions
Which city pays financial advisors more: Bloomington or Springfield?
What is the hourly rate difference between Bloomington and Springfield?
Should I relocate from Bloomington to Springfield as a financial advisor?
What do entry-level financial advisors earn in Bloomington vs Springfield?
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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