Financial Advisor Salary in Newark, OH: $81,512 (2026)
Quick Answer:A full-time financial advisor in Newark, OH earns a median $81,512/year (≈ $39.19/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Newark's price level (9% below national, BEA RPP 90.7), that paycheck buys what $89,870 would nationally. Nominal pay sits 4.8% below the Ohio state average.
Based on BLS state-level estimates · View source
The financial advisor salary in Newark, OH, sees promising figures in 2026, with a median annual income of $81,512. This local estimate, derived from 2025 BLS data adjusted for regional price levels, places Newark's financial advisors in a notable position, particularly when considering the salary range from $47,277 at the 10th percentile to $126,343 at the 90th percentile. While these numbers paint a favorable picture of potential earnings, it's essential to factor in the regional economic landscape. Compared to the 2026 national median of $108,537, the financial advisor pay in Newark reflects a gap that could be attributed to the local market conditions and the transition dynamics affecting advisor compensation.
About the Newark Market
Salary estimated from Ohio average ($95,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $47,277 | $22.73 |
| Lower Range (P25) | $58,689 | $28.21 |
| Median (P50)(typical) | $81,512 | $39.19 |
| Upper Range (P75) | $104,335 | $50.16 |
| Top Earners (P90) | $126,343 | $60.74 |
Median Salary Position
24.9% below the national average
2026 Salary Percentile Distribution in Newark
In Newark, OH, the financial advisor salary spread from the 10th to 90th percentile is $79,066 (2026 est.). At $81,512, the local median is 24.9% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Newark: You'd be in the lower-middle range
How Newark Financial Advisor Pay Compares
Newark median: $81,512/year (2026)
| Compared To | Median Salary | Newark Pays |
|---|---|---|
| Ohio Average | $85,622 | -4.80% less |
| National Average | $108,537 | -24.90% less |
Financial Advisors in Newark, OH earn a median of $81,512 per year (2026 est.), which is 24.90% lower than the national median of $108,537 and 4.80% below the Ohio state average of $85,622.
Cost-of-Living Adjusted Salary
Newark has a cost of living 9.30% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Newark, OH has a cost-of-living index of 90.7 (below the national average of 100). A financial advisor earning $81,512 nominally has purchasing power equivalent to $89,870 in an average-cost city — an effective 10.25% boost.
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2019 BLS Actual
$65,976
2025 BLS Actual
$78,908
2026 Current Est.
$81,512
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Newark (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $65,976 | Actual |
| 2020 | $67,087 | Actual |
| 2021 | $70,722 | Actual |
| 2022 | $71,638 | Actual |
| 2023 | $74,785 | Actual |
| 2024 | $82,025 | Actual |
| 2025 | $78,908 | Actual |
| 2026(current) | $81,512 | Estimated |
| 2027 | $84,202 | Projected |
Based on 7 years of BLS OEWS data for the Newark metropolitan area, the median financial advisor salary grew 19.6% from $65,976 (2019) to $78,908 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $84,202 by 2027 — a total increase of $18,226 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Newark 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) | $47,277 – $58,689 |
| 3-5 years (Mid Career) | $58,689 – $81,512 |
| 5+ years (Experienced) | $81,512 – $104,335 |
| 10+ years (Top Earner) | $104,335 – $126,343 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Newark
With only ten financial advisors currently employed in the Newark area, the local job market is relatively niche. The cost of living index stands at 90.7, indicating a lower-than-average cost of living, which enhances take-home purchasing power despite the salary discrepancy with national averages. Employers such as wirehouses and independent broker-dealers play a significant role in compensation levels, often offering varying pay structures influenced by assets under management (AUM) and the advisor's client base. Additionally, the spread between high and low salaries in Newark is driven by factors such as the fee model employed—1% AUM at Registered Investment Advisors (RIAs) versus commission-based pay at wirehouses. Advisors looking to maximize their pay in this market should consider aligning with a fiduciary RIA model, leveraging credentials like CFP or CFA to attract high-net-worth clients, and exploring partnership opportunities to enhance earnings.
More salary data for Newark, OH:
Frequently Asked Questions
How much do financial advisors make in Newark, OH in 2026?
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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 $78,908 for financial advisorsin the Newark 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 Newark 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