Financial Advisor Salary in Hampton, VA
How much does a financial advisor make in Hampton? Explore median, entry-level, and senior salaries adjusted for Hampton's cost of living.
Salary Breakdown by Experience Level
See how financial advisor salaries break down across different pay periods in Hampton.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $37,264 | $64,365 | $91,467 |
| Monthly | $3,105 | $5,364 | $7,622 |
| Biweekly | $1,433 | $2,476 | $3,518 |
| Weekly | $717 | $1,238 | $1,759 |
| Hourly | $18 | $31 | $44 |
Hampton vs National Average
How Hampton's financial advisor salaries compare to national figures.
Cost of Living in Hampton
About Financial Advisor
Overview
Advise clients on investments, retirement planning, and financial goals.
Education
Bachelor's degree in Finance or related field; CFP certification recommended
Key Skills
Growth Rate
Expected job growth: +21% over the next decade
Compare Cities: Financial Advisor Salary
See Financial Advisor salaries in other top cities.
Financial Tools to Explore
Use these Pulsafi calculators to understand your finances based on a financial advisor salary in Hampton.
Salary Breakdown Calculator
See exactly how your salary breaks down into taxes and take-home pay.
Cost of Living Calculator
Understand your expenses and purchasing power in Hampton.
Budget Calculator
Create a personalized budget based on your income and expenses.
Rent vs Buy Calculator
Compare the true costs of renting versus buying in Hampton.
Financial Advisor Salary in Hampton, VA — Complete Guide
Median Salary Overview
The median salary for a financial advisor in Hampton, VA is $64,365 per year, adjusted for the local cost of living index of 92. This figure reflects typical earnings for experienced professionals in this role, considering Hampton's unique economic conditions.
Salary Range and Experience Levels
Entry-level financial advisor professionals in Hampton can expect to earn around $37,264 annually. As professionals gain experience, salaries typically increase, with senior-level financial advisors earning approximately $91,467 per year. This represents a 145% increase from entry to senior level.
Cost of Living Adjustment
Hampton's cost of living index of 92 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Hampton are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $64,780, the actual purchasing power must be considered in context.
Housing and Affordability
A significant portion of a financial advisor's salary in Hampton typically goes toward housing. With a 1-bedroom apartment averaging $1,100 per month, housing represents about 20.5% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.
Career Growth and Opportunities
Financial Advisors are in growing demand across the United States, with an expected job growth of 21% over the next decade. In Hampton, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.