Financial Advisor Salary in Salem, OR: $107,473 (2026)
Quick Answer:A full-time financial advisor in Salem, OR earns a median $107,473/year (≈ $51.67/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Salem's price level (4% above national, BEA RPP 103.6), that paycheck buys what $103,689 would nationally. Nominal pay sits 0.0% above the Oregon state average.
Official BLS data · View source
In 2026, financial advisors in Salem, Oregon, are projected to earn a median annual salary of $107,473, a figure that positions them slightly below the national median of $108,537. The salary range within the city is substantial, with entry-level positions starting around $61,112 and top earners potentially making as much as $393,232. These figures arise from comprehensive surveys conducted by the Bureau of Labor Statistics (BLS) and illustrate not only the potential for growth in this field but also the benefits of transitioning to independent practices. As the demand for personalized financial management increases, advisors who adapt their business models stand to significantly enhance their long-term earning potential within the Salem market.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $61,112 | $29.38 |
| Lower Range (P25) | $78,994 | $37.97 |
| Median (P50)(typical) | $107,473 | $51.67 |
| Upper Range (P75) | $136,656 | $65.70 |
| Top Earners (P90) | $393,232 | $189.06 |
Median Salary Position
0.98% below the national average
2026 Salary Percentile Distribution in Salem
In Salem, OR, the financial advisor salary spread from the 10th to 90th percentile is $332,120 (2026 est.). At $107,473, the local median is 0.98% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Salem: You'd be in the entry-level range
How Salem Financial Advisor Pay Compares
Salem median: $107,473/year (2026)
| Compared To | Median Salary | Salem Pays |
|---|---|---|
| National Average | $108,537 | -0.98% less |
Financial Advisors in Salem, OR earn a median of $107,473 per year (2026 est.), which is 0.98% lower than the national median of $108,537.
Cost-of-Living Adjusted Salary
Salem has a cost of living 3.65% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Salem, OR has a cost-of-living index of 103.649 (above the national average of 100). While the nominal salary of $107,473 is competitive, the higher cost of living reduces purchasing power to an effective $103,689 — a 3.52% reduction.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$80,600
2025 BLS Actual
$104,040
2026 Current Est.
$107,473
2019–2027 Growth
+37.7%
Salary Trajectory for Financial Advisors in Salem (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $80,600 | Actual |
| 2020 | $96,100 | Actual |
| 2021 | $77,570 | Actual |
| 2022 | $80,850 | Actual |
| 2023 | $73,530 | Actual |
| 2024 | $77,500 | Actual |
| 2025 | $104,040 | Actual |
| 2026(current) | $107,473 | Estimated |
| 2027 | $111,020 | Projected |
Based on 7 years of BLS OEWS data for the Salem metropolitan area, the median financial advisor salary grew 29.1% from $80,600 (2019) to $104,040 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $111,020 by 2027 — a total increase of $30,420 (37.74%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Salem 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) | $61,112 – $78,994 |
| 3-5 years (Mid Career) | $78,994 – $107,473 |
| 5+ years (Experienced) | $107,473 – $136,656 |
| 10+ years (Top Earner) | $136,656 – $393,232 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Salem
The job market for financial advisors in Salem is relatively robust, with approximately 130 professionals currently employed in the area. However, the cost of living is slightly elevated, as indicated by a cost-of-living index of 103.649, which can impact take-home pay and purchasing power. Employers such as wirehouses like Morgan Stanley and independent broker-dealers like LPL Financial offer competitive compensation, particularly for those who manage high-net-worth clients. Factors influencing pay include the advisor's client base, assets under management (AUM), and their fee model, whether it's a commission-based structure prevalent at wirehouses or a fee-only approach typical among Registered Investment Advisors (RIAs). To maximize financial advisor pay in Salem, establishing a solid AUM book, obtaining relevant certifications like the CFP or CFA, and focusing on a diverse client portfolio can be beneficial strategies in an evolving financial landscape.
More salary data for Salem, OR:
Frequently Asked Questions
How much do financial advisors make in Salem, OR in 2026?
Is Salem, OR a good place to work as a financial advisor?
Can financial advisors make $100K in Salem?
What is the cost-of-living adjusted financial advisor salary in Salem?
How much does a financial advisor make per hour in Salem?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Oregon
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 $104,040 for financial advisorsin the Salem 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
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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