Richmond vs Waynesboro: Financial Advisor Salary (2026)
Compare financial advisor salaries between Richmond, VA and Waynesboro, VA. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Richmond, VA | Waynesboro, VA |
|---|---|---|
| Median Salary | $114,570▲ | $88,983 |
| Hourly Rate | $55.08▲ | $42.78 |
| Entry Level (P10) | $57,951▲ | $51,610 |
| 25th Percentile | $83,559▲ | $64,068 |
| 75th Percentile | $186,570▲ | $113,898 |
| Top Earner (P90) | $389,441▲ | $137,923 |
| Total Employed | 1,350▲ | 4 |
Verdict
Richmond, VA offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Waynesboro.
The salary gap between Richmond and Waynesboro is $25,587 (28.75%). Richmond's median is +5.56% compared to the US national median of $108,537.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Richmond spans $331,490,Waynesboro spans $86,313. Richmond has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Richmond ($117,078 effective) pays 35.78% more than Waynesboro ($86,224 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Richmond if…
- ✓Higher median salary ($114,570/year)
- ✓Better top-earner potential ($389,441)
- ✓Larger job market (1,350 employed)
- ✓Better purchasing power (CoL-adjusted: $117,078)
- ✓You prefer the Virginia area and lifestyle
Choose Waynesboro if…
- ✓You prefer the Virginia area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, financial advisor salaries in Richmond grew 14.2% from 2019 to 2025, compared to -25.5% growth in Waynesboro over the same period.
Richmond, VA
$97,150 (2019) → $110,910 (2025)
Waynesboro, VA
$115,692 (2024) → $86,140 (2025)
View Full Salary Data
Richmond, VA
Waynesboro, VA
Frequently Asked Questions
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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