Financial Advisor Hourly Pay in Woodridge, IL: $54.83 (2026)
Quick Answer:Hourly pay for a financial advisor working in Woodridge, IL runs $54.83 at the median for 2026 — annualizing to $114,056 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Woodridge's regional price level (BEA RPP 97.1, 3% below national), each hour of work buys what $56.47 nationally would. A 24-hour part-time schedule grosses $68,430 per year.
Based on BLS state-level estimates · View source
In Woodridge, Illinois, financial advisors earn a median hourly rate of $54.83, surpassing the national median of $52.18. This rate allows for attractive part-time opportunities, especially for those working three days a week in various settings such as wirehouse branch offices, insurance agencies, or virtual consultations. For per-diem financial advisors, this hourly pay reflects a wider income range, as entry-level positions may start at $31.81 per hour, while seasoned professionals can command rates as high as $85.00. The data, estimated based on annual salary projections for 2026, highlights the area's competitive landscape within the profession, suggesting a promising environment for both full-time and part-time advisory work.
About the Woodridge Market
Salary estimated from Illinois average ($115,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $31.81 | $254.45 |
| Lower Range (P25) | $39.48 | $315.85 |
| Median (P50) | $54.83 | $438.65 |
| Upper Range (P75) | $70.19 | $561.54 |
| Top Earners (P90) | $85.00 | $679.96 |
Estimated Annual Income by Work Schedule in Woodridge
Based on $54.83/hr median hourly rate · 2026 est.
At $54.83/hr, a financial advisor working full-time (40 hr/wk) in Woodridge, IL can expect to earn approximately $114,050 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $65,798. With a cost-of-living index of 97.10 (below the national average), these earnings stretch further in Woodridge.
Hourly Rate Calculator
Schedule Comparison in Woodridge
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,193.27 | $9,504 | $114,050 |
| Part-Time (24 hrs) | $1,315.96 | $5,702 | $68,430 |
| Per Diem (16 hrs) | $877.31 | $3,802 | $45,620 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Woodridge) | $54.83 |
| Financial Analyst (National Avg) | $47.61 |
| Accountant / Auditor (National Avg) | $39.88 |
| Insurance Sales Agent (National Avg) | $29.02 |
| Securities / Commodities Sales Agent (National Avg) | $35.30 |
Financial Advisors in Woodridge, IL earn a median of $114,056 per year (2026 est.), which is 5.08% higher than the national median of $108,537 and 1.70% below the Illinois state average of $116,028.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $54.83/hr = $68,430/year (purchasing power: $70,474).
Working 40h/week (full-time) = $114,050/year (purchasing power: $117,456).
CoL index: 97.1 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$44.38/hr
2025 BLS Actual
$53.08/hr
2026 Current Est.
$54.83/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Woodridge (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $44.38/hr | Actual |
| 2020 | $45.13/hr | Actual |
| 2021 | $47.57/hr | Actual |
| 2022 | $48.19/hr | Actual |
| 2023 | $50.31/hr | Actual |
| 2024 | $52.75/hr | Actual |
| 2025 | $53.08/hr | Actual |
| 2026(current) | $54.83/hr | Estimated |
| 2027 | $56.64/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Woodridge grew 19.6% from $44.38/hr (2019) to $53.08/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $56.64/hr by 2027. Part-time and per-diem financial advisors can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Woodridge metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.30% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Financial Advisor in Woodridge
Focusing on part-time earning potential, a financial advisor working 24 hours a week could realistically take home around $42,946 annually, a contrasting figure to full-time earnings. For those considering per-diem roles, the flexibility of working as a 1099 contractor can prove beneficial, although it's more common for established advisors who charge premium rates for specialized services like retirement planning consults that can range from $3,000 to $15,000 per plan. Firms operating in Woodridge, from large wirehouses like Merrill Lynch to independent RIAs, show varied hourly rates based on the compensation structure they use—whether commission-based or fee-only. Additionally, advisors often weigh the trade-offs of higher hourly wages against benefits like health insurance offered by larger firms. For those negotiating hourly pay, understanding market standards and leveraging your credentials, such as CFP or CFA, can significantly improve outcomes.
More salary data for Woodridge, IL:
Frequently Asked Questions
What is the hourly rate for financial advisors in Woodridge in 2026?
How much do part-time financial advisors make in Woodridge?
Are financial advisors in Woodridge paid hourly or salary?
How much does a full-time financial advisor make per year in Woodridge?
Do financial advisors earn more per hour working part-time in Woodridge?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Illinois
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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.30% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for financial advisors in Woodridge. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Woodridge is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.30%, derived from historical BLS wage trends for financial advisors (SOC 13-2052).
Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov