Financial Advisor Pay

Leominster vs Springfield: Financial Advisor Salary (2026)

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

Leominster, MA
$124,061
$59.65/hr
Springfield, MA
$132,090
$63.51/hr

Side-by-Side Comparison

MetricLeominster, MASpringfield, MA
Median Salary$124,061$132,090
Hourly Rate$59.65$63.51
Entry Level (P10)$71,956$52,476
25th Percentile$89,325$83,869
75th Percentile$158,798$193,429
Top Earner (P90)$192,295$443,643
Total Employed10200
Side-by-side bar chart comparing Leominster ($124,061) and Springfield ($132,090) financial advisor salaries.LeominsterSpringfieldMedian Salary$124,061$132,090Entry Level (P10)$71,956$52,476Top Earner (P90)$192,295$443,643US Median $108,537

Verdict

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

The salary gap between Leominster and Springfield is $8,029 (6.47%). Springfield's median is +21.70% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Leominster spans $120,339,Springfield spans $391,167. Springfield has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Leominster
P10 (Entry)$71,956
P25$89,325
Median$124,061
P75$158,798
P90 (Top)$192,295
Springfield
P10 (Entry)$52,476
P25$83,869
Median$132,090
P75$193,429
P90 (Top)$443,643

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Springfield ($137,506 effective) pays 20.26% more than Leominster ($114,342 effective).

Leominster
Nominal: $124,061
CoL Index: 108.5
Adjusted: $114,342
Springfield
Nominal: $132,090
CoL Index: 96.061
Adjusted: $137,506

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

Which City Is Right for You?

Choose Leominster if…

  • You prefer the Massachusetts area and lifestyle

Choose Springfield if…

  • Higher median salary ($132,090/year)
  • Better top-earner potential ($443,643)
  • Larger job market (200 employed)
  • Better purchasing power (CoL-adjusted: $137,506)
  • You prefer the Massachusetts area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Leominster grew -23.3% from 2024 to 2025, compared to 107.0% growth in Springfield over the same period.

Leominster, MA

+-23.3%

$156,536 (2024) → $120,098 (2025)

Springfield, MA

+107.0%

$61,780 (2019) → $127,870 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Leominster or Springfield?

Springfield has a higher median financial advisor salary at $132,090/year, compared to Leominster at $124,061/year — a difference of $8,029 (6.47%).

What is the hourly rate difference between Leominster and Springfield?

Leominster financial advisors earn $59.65/hr while Springfield hygienists earn $63.51/hr (2026 est.).

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

Consider more than just salary when comparing Leominster and Springfield. Factor in cost of living (CoL-adjusted: Leominster = $114,342, Springfield = $137,506), job availability (10 vs 200 employed), commute, and career growth potential.

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

Entry-level (10th percentile) financial advisors earn $71,956 in Leominster and $52,476 in Springfield. The Leominster 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