Financial Advisor Salary in Scranton, PA: $106,606 (2026)
Quick Answer:A full-time financial advisor in Scranton, PA earns a median $106,606/year (≈ $51.25/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Scranton's price level (6% below national, BEA RPP 93.6), that paycheck buys what $113,949 would nationally. Nominal pay sits 1.5% above the Pennsylvania state average.
Official BLS data · View source
In 2026, financial advisors in Scranton, Pennsylvania, can expect a median annual salary of $106,606, showcasing a competitive position within the broader national market, where the median is $108,537. The salary range for this profession varies widely, spanning from $38,159 at the lower end (P10) to $310,127 at the high end (P90). This disparity highlights the influence of structural factors, particularly the distinction between wirehouse firms that often rely on commission-based models versus Registered Investment Advisors (RIAs), who typically use an assets under management (AUM) fee model. The data, derived from 2025 BLS OEWS surveys, reveals not only the earning potential but also the dynamic job market specific to Scranton, which hosts 280 financial advisors navigating these contrasting compensation frameworks.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $38,159 | $18.35 |
| Lower Range (P25) | $74,789 | $35.96 |
| Median (P50)(typical) | $106,606 | $51.25 |
| Upper Range (P75) | $173,957 | $83.63 |
| Top Earners (P90) | $310,127 | $149.10 |
Median Salary Position
1.78% below the national average
2026 Salary Percentile Distribution in Scranton
In Scranton, PA, the financial advisor salary spread from the 10th to 90th percentile is $271,968 (2026 est.). At $106,606, the local median is 1.78% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Scranton: You'd be in the lower-middle range
How Scranton Financial Advisor Pay Compares
Scranton median: $106,606/year (2026)
| Compared To | Median Salary | Scranton Pays |
|---|---|---|
| Pennsylvania Average | $105,030 | +1.50% more |
| National Average | $108,537 | -1.78% less |
Financial Advisors in Scranton, PA earn a median of $106,606 per year (2026 est.), which is 1.78% lower than the national median of $108,537 and 1.50% above the Pennsylvania state average of $105,030.
Cost-of-Living Adjusted Salary
Scranton has a cost of living 6.44% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Scranton, PA has a cost-of-living index of 93.556 (below the national average of 100). A financial advisor earning $106,606 nominally has purchasing power equivalent to $113,949 in an average-cost city — an effective 6.89% boost.
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
$57,560
2025 BLS Actual
$103,200
2026 Current Est.
$106,606
2019–2027 Growth
+91.3%
Salary Trajectory for Financial Advisors in Scranton (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $57,560 | Actual |
| 2020 | $62,540 | Actual |
| 2021 | $97,080 | Actual |
| 2022 | $101,890 | Actual |
| 2023 | $103,390 | Actual |
| 2024 | $101,810 | Actual |
| 2025 | $103,200 | Actual |
| 2026(current) | $106,606 | Estimated |
| 2027 | $110,124 | Projected |
Based on 7 years of BLS OEWS data for the Scranton metropolitan area, the median financial advisor salary grew 79.3% from $57,560 (2019) to $103,200 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $110,124 by 2027 — a total increase of $52,564 (91.32%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Scranton 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) | $38,159 – $74,789 |
| 3-5 years (Mid Career) | $74,789 – $106,606 |
| 5+ years (Experienced) | $106,606 – $173,957 |
| 10+ years (Top Earner) | $173,957 – $310,127 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Scranton
In examining the local employment landscape, Scranton’s financial advisor job market benefits from a favorable cost of living index of 93.556, suggesting that take-home pay stretches further than in many other regions. While wirehouses like Morgan Stanley and Merrill Lynch are traditionally known for higher compensation opportunities, it’s often the independent broker-dealers and fiduciary RIAs that can provide flexibility in growth potential, particularly for those managing higher assets. The significant pay gaps in Scranton largely stem from factors such as the size of the advisors’ AUM and their fee structures; practitioners focused on expanding their client base and enhancing their credentials, such as obtaining the CFP designation, may find themselves positioned for elevated earnings. To maximize financial advisor pay in Scranton, professionals should focus on developing high-net-worth clientele and cultivating relationships within the local community, taking advantage of diverse compensation models to enhance their profitability while addressing clients' unique financial needs.
More salary data for Scranton, PA:
Frequently Asked Questions
How much do financial advisors make in Scranton, PA in 2026?
Is Scranton, PA a good place to work as a financial advisor?
Can financial advisors make $100K in Scranton?
What is the cost-of-living adjusted financial advisor salary in Scranton?
How much does a financial advisor make per hour in Scranton?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Pennsylvania
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 $103,200 for financial advisorsin the Scranton 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