Financial Advisor Pay

Roanoke vs Springfield: Financial Advisor Salary (2026)

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

Roanoke, VA
$94,716
$45.53/hr
Springfield, VA
$90,165
$43.34/hr

Side-by-Side Comparison

MetricRoanoke, VASpringfield, VA
Median Salary$94,716$90,165
Hourly Rate$45.53$43.34
Entry Level (P10)$52,797$52,296
25th Percentile$71,236$64,919
75th Percentile$160,001$115,412
Top Earner (P90)$398,521$139,757
Total Employed1508
Side-by-side bar chart comparing Roanoke ($94,716) and Springfield ($90,165) financial advisor salaries.RoanokeSpringfieldMedian Salary$94,716$90,165Entry Level (P10)$52,797$52,296Top Earner (P90)$398,521$139,757US Median $108,537

Verdict

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

The salary gap between Roanoke and Springfield is $4,551 (5.05%). Roanoke's median is -12.73% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Roanoke spans $345,724,Springfield spans $87,461. Roanoke has a wider pay range, meaning more potential for high earners but also more variation.

Roanoke
P10 (Entry)$52,797
P25$71,236
Median$94,716
P75$160,001
P90 (Top)$398,521
Springfield
P10 (Entry)$52,296
P25$64,919
Median$90,165
P75$115,412
P90 (Top)$139,757

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Roanoke ($101,173 effective) pays 15.80% more than Springfield ($87,369 effective).

Roanoke
Nominal: $94,716
CoL Index: 93.618
Adjusted: $101,173
Springfield
Nominal: $90,165
CoL Index: 103.2
Adjusted: $87,369

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

Which City Is Right for You?

Choose Roanoke if…

  • Higher median salary ($94,716/year)
  • Better top-earner potential ($398,521)
  • Larger job market (150 employed)
  • Better purchasing power (CoL-adjusted: $101,173)
  • You prefer the Virginia area and lifestyle

Choose Springfield if…

  • You prefer the Virginia area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Roanoke grew 2.8% from 2019 to 2025, compared to -25.5% growth in Springfield over the same period.

Roanoke, VA

+2.8%

$89,180 (2019) → $91,690 (2025)

Springfield, VA

+-25.5%

$117,230 (2024) → $87,285 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Roanoke or Springfield?

Roanoke has a higher median financial advisor salary at $94,716/year, compared to Springfield at $90,165/year — a difference of $4,551 (5.05%).

What is the hourly rate difference between Roanoke and Springfield?

Roanoke financial advisors earn $45.53/hr while Springfield hygienists earn $43.34/hr (2026 est.).

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

Consider more than just salary when comparing Roanoke and Springfield. Factor in cost of living (CoL-adjusted: Roanoke = $101,173, Springfield = $87,369), job availability (150 vs 8 employed), commute, and career growth potential.

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

Entry-level (10th percentile) financial advisors earn $52,797 in Roanoke and $52,296 in Springfield. The Roanoke 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