Financial Advisor Salary in Newburgh, NY: $115,316 (2026)
Quick Answer:A full-time financial advisor in Newburgh, NY earns a median $115,316/year (≈ $55.44/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Newburgh's price level (16% above national, BEA RPP 115.9), that paycheck buys what $99,496 would nationally. Nominal pay sits 9.4% below the New York state average.
Based on BLS state-level estimates · View source
In Newburgh, NY, the financial advisory market is characterized by a competitive salary landscape, with 2026 projections indicating a median annual salary of $115,316 for financial advisors. This figure is notably higher than the national median of $108,537, showcasing a premium worth considering for those entering this field. The salary range reflects a diverse compensation structure, varying from $66,884 at the 10th percentile to $178,740 at the 90th percentile, which underscores the importance of credentials such as the CFP designation and the growing trend toward fee-only advisory models. These estimates are derived from 2025 BLS state-level data, adjusted for regional cost factors, ensuring that the numbers reflect the economic environment unique to Newburgh.
About the Newburgh Market
Salary estimated from New York average ($168,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $66,884 | $32.16 |
| Lower Range (P25) | $83,027 | $39.92 |
| Median (P50)(typical) | $115,316 | $55.44 |
| Upper Range (P75) | $147,604 | $70.97 |
| Top Earners (P90) | $178,740 | $85.94 |
Median Salary Position
6.25% above the national average
2026 Salary Percentile Distribution in Newburgh
In Newburgh, NY, the financial advisor salary spread from the 10th to 90th percentile is $111,856 (2026 est.). At $115,316, the local median is 6.25% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Newburgh: You'd be in the lower-middle range
How Newburgh Financial Advisor Pay Compares
Newburgh median: $115,316/year (2026)
| Compared To | Median Salary | Newburgh Pays |
|---|---|---|
| New York Average | $127,280 | -9.40% less |
| National Average | $108,537 | +6.25% more |
Financial Advisors in Newburgh, NY earn a median of $115,316 per year (2026 est.), which is 6.25% higher than the national median of $108,537 and 9.40% below the New York state average of $127,280.
Cost-of-Living Adjusted Salary
Newburgh has a cost of living 15.90% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Newburgh, NY has a cost-of-living index of 115.9 (above the national average of 100). While the nominal salary of $115,316 is competitive, the higher cost of living reduces purchasing power to an effective $99,496 — a 13.72% reduction.
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2019 BLS Actual
$93,337
2025 BLS Actual
$111,632
2026 Current Est.
$115,316
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Newburgh (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $93,337 | Actual |
| 2020 | $94,909 | Actual |
| 2021 | $100,051 | Actual |
| 2022 | $101,347 | Actual |
| 2023 | $105,799 | Actual |
| 2024 | $184,768 | Actual |
| 2025 | $111,632 | Actual |
| 2026(current) | $115,316 | Estimated |
| 2027 | $119,121 | Projected |
Based on 7 years of BLS OEWS data for the Newburgh metropolitan area, the median financial advisor salary grew 19.6% from $93,337 (2019) to $111,632 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $119,121 by 2027 — a total increase of $25,784 (27.62%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Newburgh 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) | $66,884 – $83,027 |
| 3-5 years (Mid Career) | $83,027 – $115,316 |
| 5+ years (Experienced) | $115,316 – $147,604 |
| 10+ years (Top Earner) | $147,604 – $178,740 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Newburgh
Despite Newburgh only employing six financial advisors, the region shows promise for growth, particularly as the cost of living index stands at 115.9. This means that while salaries may appear competitive, purchasing power could be affected by local economic factors. Breaking down the compensation, wirehouses like Morgan Stanley and Merrill Lynch generally offer higher pay due to large assets under management and commission structures, typically favoring advisors with extensive client bases. On the other hand, those in fiduciary roles at RIAs may access client-focused relationships, which can lead to enhanced pay via AUM fees. The disparity in salaries often hinges on several factors, including asset size, business model, and advisory credentials. To maximize financial advisor pay in Newburgh, one should consider enhancing their qualifications, building a strong client base, and possibly exploring opportunities within growing independent RIAs or transitioning from commission-based models.
More salary data for Newburgh, NY:
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 $111,632 for financial advisorsin the Newburgh 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 Newburgh 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