Financial Advisor Pay

Carpentersville vs Springfield: Financial Advisor Salary (2026)

Compare financial advisor salaries between Carpentersville, IL and Springfield, IL. All figures are 2026 estimates projected from BLS 2025 data.

Carpentersville, IL
$113,191
$54.42/hr
Springfield, IL
$159,464
$76.67/hr

Side-by-Side Comparison

MetricCarpentersville, ILSpringfield, IL
Median Salary$113,191$159,464
Hourly Rate$54.42$76.67
Entry Level (P10)$65,650$63,292
25th Percentile$81,498$87,113
75th Percentile$144,884$240,431
Top Earner (P90)$175,446$414,873
Total Employed8100
Side-by-side bar chart comparing Carpentersville ($113,191) and Springfield ($159,464) financial advisor salaries.CarpentersvilleSpringfieldMedian Salary$113,191$159,464Entry Level (P10)$65,650$63,292Top Earner (P90)$175,446$414,873US Median $108,537

Verdict

Springfield, IL offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Carpentersville.

The salary gap between Carpentersville and Springfield is $46,273 (40.88%). 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 Carpentersville spans $109,796,Springfield spans $351,581. Springfield has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Carpentersville
P10 (Entry)$65,650
P25$81,498
Median$113,191
P75$144,884
P90 (Top)$175,446
Springfield
P10 (Entry)$63,292
P25$87,113
Median$159,464
P75$240,431
P90 (Top)$414,873

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Springfield ($171,938 effective) pays 47.50% more than Carpentersville ($116,572 effective).

Carpentersville
Nominal: $113,191
CoL Index: 97.1
Adjusted: $116,572
Springfield
Nominal: $159,464
CoL Index: 92.745
Adjusted: $171,938

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Carpentersville 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 Carpentersville grew 0.6% from 2024 to 2025, compared to 80.2% growth in Springfield over the same period.

Carpentersville, IL

+0.6%

$108,883 (2024) → $109,575 (2025)

Springfield, IL

+80.2%

$85,660 (2019) → $154,370 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Carpentersville or Springfield?

Springfield has a higher median financial advisor salary at $159,464/year, compared to Carpentersville at $113,191/year — a difference of $46,273 (40.88%).

What is the hourly rate difference between Carpentersville and Springfield?

Carpentersville financial advisors earn $54.42/hr while Springfield hygienists earn $76.67/hr (2026 est.).

Should I relocate from Carpentersville to Springfield as a financial advisor?

Consider more than just salary when comparing Carpentersville and Springfield. Factor in cost of living (CoL-adjusted: Carpentersville = $116,572, Springfield = $171,938), job availability (8 vs 100 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Carpentersville vs Springfield?

Entry-level (10th percentile) financial advisors earn $65,650 in Carpentersville and $63,292 in Springfield. The Carpentersville area offers higher starting salaries.

Related Comparisons

JL

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.

Clinically reviewed by Sophia Martinez, CFAData verified by Ethan Wang, ChFC

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