Financial Advisor Pay

Springfield vs Wheaton: Financial Advisor Salary (2026)

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

Springfield, IL
$159,464
$76.67/hr
Wheaton, IL
$114,091
$54.85/hr

Side-by-Side Comparison

MetricSpringfield, ILWheaton, IL
Median Salary$159,464$114,091
Hourly Rate$76.67$54.85
Entry Level (P10)$63,292$66,173
25th Percentile$87,113$82,145
75th Percentile$240,431$146,036
Top Earner (P90)$414,873$176,840
Total Employed10014
Side-by-side bar chart comparing Springfield ($159,464) and Wheaton ($114,091) financial advisor salaries.SpringfieldWheatonMedian Salary$159,464$114,091Entry Level (P10)$63,292$66,173Top Earner (P90)$414,873$176,840US Median $108,537

Verdict

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

The salary gap between Springfield and Wheaton is $45,373 (39.77%). Springfield's median is +46.92% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Springfield spans $351,581,Wheaton spans $110,667. Springfield has a wider pay range, meaning more potential for high earners but also more variation.

Springfield
P10 (Entry)$63,292
P25$87,113
Median$159,464
P75$240,431
P90 (Top)$414,873
Wheaton
P10 (Entry)$66,173
P25$82,145
Median$114,091
P75$146,036
P90 (Top)$176,840

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Springfield ($171,938 effective) pays 46.33% more than Wheaton ($117,498 effective).

Springfield
Nominal: $159,464
CoL Index: 92.745
Adjusted: $171,938
Wheaton
Nominal: $114,091
CoL Index: 97.1
Adjusted: $117,498

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

Which City Is Right for You?

Choose Springfield if…

  • Higher median salary ($159,464/year)
  • Better top-earner potential ($414,873)
  • Larger job market (100 employed)
  • Better purchasing power (CoL-adjusted: $171,938)
  • You prefer the Illinois area and lifestyle

Choose Wheaton if…

  • You prefer the Illinois area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Springfield grew 80.2% from 2019 to 2025, compared to 0.6% growth in Wheaton over the same period.

Springfield, IL

+80.2%

$85,660 (2019) → $154,370 (2025)

Wheaton, IL

+0.6%

$109,748 (2024) → $110,446 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Springfield or Wheaton?

Springfield has a higher median financial advisor salary at $159,464/year, compared to Wheaton at $114,091/year — a difference of $45,373 (39.77%).

What is the hourly rate difference between Springfield and Wheaton?

Springfield financial advisors earn $76.67/hr while Wheaton hygienists earn $54.85/hr (2026 est.).

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

Consider more than just salary when comparing Springfield and Wheaton. Factor in cost of living (CoL-adjusted: Springfield = $171,938, Wheaton = $117,498), job availability (100 vs 14 employed), commute, and career growth potential.

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

Entry-level (10th percentile) financial advisors earn $63,292 in Springfield and $66,173 in Wheaton. The Wheaton area offers higher starting salaries.

Related Comparisons

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