Financial Advisor Salary in Durango, CO: $87,992 (2026)
Quick Answer:A full-time financial advisor in Durango, CO earns a median $87,992/year (≈ $42.30/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Durango's price level (5% above national, BEA RPP 105.0), that paycheck buys what $83,802 would nationally. Nominal pay sits 6.3% below the Colorado state average.
Based on BLS state-level estimates · View source
In 2026, the projected financial advisor salary in Durango, CO, reaches a median of $87,992. The range of annual salaries extends from $51,035 at the 10th percentile to $136,388 at the 90th percentile, reflecting the diverse earnings potential within this profession. These figures are drawn from estimates based on 2025 BLS data, adjusted for local economic conditions and cost of living factors in Durango, which features a cost-of-living index slightly above the national average at 105. With such a salary landscape, professionals in this city can expect compensation that aligns more closely with regional market trends than national averages, particularly as the financial services industry continues to evolve.
About the Durango Market
Salary estimated from Colorado average ($108,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $51,035 | $24.53 |
| Lower Range (P25) | $64,519 | $31.02 |
| Median (P50)(typical) | $87,992 | $42.30 |
| Upper Range (P75) | $112,630 | $54.15 |
| Top Earners (P90) | $136,388 | $65.57 |
Median Salary Position
18.93% below the national average
2026 Salary Percentile Distribution in Durango
In Durango, CO, the financial advisor salary spread from the 10th to 90th percentile is $85,353 (2026 est.). At $87,992, the local median is 18.93% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Durango: You'd be in the lower-middle range
How Durango Financial Advisor Pay Compares
Durango median: $87,992/year (2026)
| Compared To | Median Salary | Durango Pays |
|---|---|---|
| Colorado Average | $93,908 | -6.30% less |
| National Average | $108,537 | -18.93% less |
Financial Advisors in Durango, CO earn a median of $87,992 per year (2026 est.), which is 18.93% lower than the national median of $108,537 and 6.30% below the Colorado state average of $93,908.
Cost-of-Living Adjusted Salary
Durango has a cost of living 5.00% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Durango, CO has a cost-of-living index of 105 (above the national average of 100). While the nominal salary of $87,992 is competitive, the higher cost of living reduces purchasing power to an effective $83,802 — a 4.76% reduction.
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2019 BLS Actual
$71,221
2025 BLS Actual
$85,181
2026 Current Est.
$87,992
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Durango (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $71,221 | Actual |
| 2020 | $72,420 | Actual |
| 2021 | $76,344 | Actual |
| 2022 | $77,333 | Actual |
| 2023 | $80,730 | Actual |
| 2024 | $106,259 | Actual |
| 2025 | $85,181 | Actual |
| 2026(current) | $87,992 | Estimated |
| 2027 | $90,896 | Projected |
Based on 7 years of BLS OEWS data for the Durango metropolitan area, the median financial advisor salary grew 19.6% from $71,221 (2019) to $85,181 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $90,896 by 2027 — a total increase of $19,675 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Durango 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $51,035 – $64,519 |
| 3-5 years (Mid Career) | $64,519 – $87,992 |
| 5+ years (Experienced) | $87,992 – $112,630 |
| 10+ years (Top Earner) | $112,630 – $136,388 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Durango
While only five financial advisors are employed in Durango, the local job market shows moderate strength. The cost of living index being slightly higher affects the purchasing power of advisors, making salary negotiations and compensation structures vital considerations. Advisors affiliated with wirehouses like Merrill Lynch and UBS typically earn higher pay but may face pressures related to commission structures. On the other hand, independent broker-dealers and Registered Investment Advisors (RIAs) often adopt an AUM-based fee model, which can provide more stability and better earnings potential with a fiduciary focus. High earners here often benefit from significant assets under management, a strong network of high-net-worth clients, and advanced credentials like CFP or CFA. For those looking to maximize their financial advisor pay in Durango, focusing on building a robust client base and considering independent, fee-only advisory paths may present the best opportunities for long-term success.
More salary data for Durango, CO:
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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $85,181 for financial advisorsin the Durango metropolitan area. A 3.30% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Durango 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