Springfield vs Woburn: Financial Advisor Salary (2026)
Compare financial advisor salaries between Springfield, MA and Woburn, MA. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Springfield, MA | Woburn, MA |
|---|---|---|
| Median Salary | $132,090▲ | $124,356 |
| Hourly Rate | $63.51▲ | $59.79 |
| Entry Level (P10) | $52,476 | $72,126▲ |
| 25th Percentile | $83,869 | $89,536▲ |
| 75th Percentile | $193,429▲ | $159,175 |
| Top Earner (P90) | $443,643▲ | $192,752 |
| Total Employed | 200▲ | 10 |
Verdict
Springfield, MA offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Woburn.
The salary gap between Springfield and Woburn is $7,734 (6.22%). 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 Springfield spans $391,167,Woburn spans $120,626. Springfield 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, Springfield ($137,506 effective) pays 19.97% more than Woburn ($114,614 effective).
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 ($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
Choose Woburn if…
- ✓You prefer the Massachusetts area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, financial advisor salaries in Springfield grew 107.0% from 2019 to 2025, compared to -23.3% growth in Woburn over the same period.
Springfield, MA
$61,780 (2019) → $127,870 (2025)
Woburn, MA
$156,907 (2024) → $120,383 (2025)
View Full Salary Data
Springfield, MA
Woburn, MA
Frequently Asked Questions
Which city pays financial advisors more: Springfield or Woburn?
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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