Financial Advisor Pay

Jackson vs Knoxville: Financial Advisor Salary (2026)

Compare financial advisor salaries between Jackson, TN and Knoxville, TN. All figures are 2026 estimates projected from BLS 2025 data.

Jackson, TN
$62,414
$30.01/hr
Knoxville, TN
$83,022
$39.92/hr

Side-by-Side Comparison

MetricJackson, TNKnoxville, TN
Median Salary$62,414$83,022
Hourly Rate$30.01$39.92
Entry Level (P10)$45,328$45,328
25th Percentile$45,855$55,100
75th Percentile$105,170$169,959
Top Earner (P90)$218,510$450,398
Total Employed50420
Side-by-side bar chart comparing Jackson ($62,414) and Knoxville ($83,022) financial advisor salaries.JacksonKnoxvilleMedian Salary$62,414$83,022Entry Level (P10)$45,328$45,328Top Earner (P90)$218,510$450,398US Median $108,537

Verdict

Knoxville, TN offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Jackson.

The salary gap between Jackson and Knoxville is $20,608 (33.02%). Knoxville's median is -23.51% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Jackson spans $173,182,Knoxville spans $405,070. Knoxville has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Jackson
P10 (Entry)$45,328
P25$45,855
Median$62,414
P75$105,170
P90 (Top)$218,510
Knoxville
P10 (Entry)$45,328
P25$55,100
Median$83,022
P75$169,959
P90 (Top)$450,398

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Knoxville ($89,687 effective) pays 22.89% more than Jackson ($72,980 effective).

Jackson
Nominal: $62,414
CoL Index: 85.522
Adjusted: $72,980
Knoxville
Nominal: $83,022
CoL Index: 92.569
Adjusted: $89,687

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

Which City Is Right for You?

Choose Jackson if…

  • You prefer the Tennessee area and lifestyle

Choose Knoxville if…

  • Higher median salary ($83,022/year)
  • Better top-earner potential ($450,398)
  • Larger job market (420 employed)
  • Better purchasing power (CoL-adjusted: $89,687)
  • You prefer the Tennessee area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Jackson grew 71.0% from 2020 to 2025, compared to 54.8% growth in Knoxville over the same period.

Jackson, TN

+71.0%

$35,330 (2020) → $60,420 (2025)

Knoxville, TN

+54.8%

$51,910 (2019) → $80,370 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Jackson or Knoxville?

Knoxville has a higher median financial advisor salary at $83,022/year, compared to Jackson at $62,414/year — a difference of $20,608 (33.02%).

What is the hourly rate difference between Jackson and Knoxville?

Jackson financial advisors earn $30.01/hr while Knoxville hygienists earn $39.92/hr (2026 est.).

Should I relocate from Jackson to Knoxville as a financial advisor?

Consider more than just salary when comparing Jackson and Knoxville. Factor in cost of living (CoL-adjusted: Jackson = $72,980, Knoxville = $89,687), job availability (50 vs 420 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Jackson vs Knoxville?

Entry-level (10th percentile) financial advisors earn $45,328 in Jackson and $45,328 in Knoxville. The Knoxville 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