Financial Advisor Pay

Charlottesville vs Norfolk: Financial Advisor Salary (2026)

Compare financial advisor salaries between Charlottesville, VA and Norfolk, VA. All figures are 2026 estimates projected from BLS 2025 data.

Charlottesville, VA
$131,129
$63.04/hr
Norfolk, VA
$97,911
$47.07/hr

Side-by-Side Comparison

MetricCharlottesville, VANorfolk, VA
Median Salary$131,129$97,911
Hourly Rate$63.04$47.07
Entry Level (P10)$57,497$56,788
25th Percentile$82,764$70,496
75th Percentile$222,519$125,326
Top Earner (P90)$438,323$151,762
Total Employed20054
Side-by-side bar chart comparing Charlottesville ($131,129) and Norfolk ($97,911) financial advisor salaries.CharlottesvilleNorfolkMedian Salary$131,129$97,911Entry Level (P10)$57,497$56,788Top Earner (P90)$438,323$151,762US Median $108,537

Verdict

Charlottesville, VA offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Norfolk.

The salary gap between Charlottesville and Norfolk is $33,218 (33.93%). Charlottesville's median is +20.82% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Charlottesville spans $380,826,Norfolk spans $94,974. Charlottesville has a wider pay range, meaning more potential for high earners but also more variation.

Charlottesville
P10 (Entry)$57,497
P25$82,764
Median$131,129
P75$222,519
P90 (Top)$438,323
Norfolk
P10 (Entry)$56,788
P25$70,496
Median$97,911
P75$125,326
P90 (Top)$151,762

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Charlottesville ($132,258 effective) pays 39.40% more than Norfolk ($94,875 effective).

Charlottesville
Nominal: $131,129
CoL Index: 99.146
Adjusted: $132,258
Norfolk
Nominal: $97,911
CoL Index: 103.2
Adjusted: $94,875

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

Which City Is Right for You?

Choose Charlottesville if…

  • Higher median salary ($131,129/year)
  • Better top-earner potential ($438,323)
  • Larger job market (200 employed)
  • Better purchasing power (CoL-adjusted: $132,258)
  • You prefer the Virginia area and lifestyle

Choose Norfolk if…

  • You prefer the Virginia area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Charlottesville grew 14.5% from 2019 to 2025, compared to -25.5% growth in Norfolk over the same period.

Charlottesville, VA

+14.5%

$110,910 (2019) → $126,940 (2025)

Norfolk, VA

+-25.5%

$127,301 (2024) → $94,783 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Charlottesville or Norfolk?

Charlottesville has a higher median financial advisor salary at $131,129/year, compared to Norfolk at $97,911/year — a difference of $33,218 (33.93%).

What is the hourly rate difference between Charlottesville and Norfolk?

Charlottesville financial advisors earn $63.04/hr while Norfolk hygienists earn $47.07/hr (2026 est.).

Should I relocate from Charlottesville to Norfolk as a financial advisor?

Consider more than just salary when comparing Charlottesville and Norfolk. Factor in cost of living (CoL-adjusted: Charlottesville = $132,258, Norfolk = $94,875), job availability (200 vs 54 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Charlottesville vs Norfolk?

Entry-level (10th percentile) financial advisors earn $57,497 in Charlottesville and $56,788 in Norfolk. The Charlottesville area offers higher starting salaries.
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