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Financial Advisor Salary in Tucson, AZ

How much does a financial advisor make in Tucson? Explore median, entry-level, and senior salaries adjusted for Tucson's cost of living.

Median Salary
$57,020
per year in Tucson
Entry Level
$33,011
Starting salary
Senior Level
$81,029
Experienced professionals
Cost of Living
99
1% below national avg

Salary Breakdown by Experience Level

See how financial advisor salaries break down across different pay periods in Tucson.

PeriodEntry LevelMedianSenior
Annual$33,011$57,020$81,029
Monthly$2,751$4,752$6,752
Biweekly$1,270$2,193$3,117
Weekly$635$1,097$1,558
Hourly$16$27$39

Tucson vs National Average

How Tucson's financial advisor salaries compare to national figures.

Tucson Salary
$57,020
COL Index: 99
National Average
$64,780
COL Index: 100
Difference
-$7,760
Lower in Tucson

Cost of Living in Tucson

1-Bedroom Rent
$1,300
per month
Median Income
$52,456
per year
Population
525,796
residents
Rent % of Income
29.7%
median household
Cost of Living Index: 99 — A score of 100 represents the U.S. average. Salaries in Tucson have been adjusted to account for local cost differences.

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

Investment ManagementFinancial PlanningClient CommunicationAnalysis

Growth Rate

Expected job growth: +21% over the next decade

Compare Cities: Financial Advisor Salary

See Financial Advisor salaries in other top cities.

New York, NY
$168,350
+195%
Los Angeles, CA
$121,940
+114%
Chicago, IL
$108,640
+91%
Houston, TX
$81,280
+43%
Phoenix, AZ
$91,490
+60%

Financial Tools to Explore

Use these Pulsafi calculators to understand your finances based on a financial advisor salary in Tucson.

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 Tucson.

Budget Calculator

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Rent vs Buy Calculator

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Financial Advisor Salary in Tucson, AZ — Complete Guide

Median Salary Overview

The median salary for a financial advisor in Tucson, AZ is $57,020 per year, adjusted for the local cost of living index of 99. This figure reflects typical earnings for experienced professionals in this role, considering Tucson's unique economic conditions.

Salary Range and Experience Levels

Entry-level financial advisor professionals in Tucson can expect to earn around $33,011 annually. As professionals gain experience, salaries typically increase, with senior-level financial advisors earning approximately $81,029 per year. This represents a 145% increase from entry to senior level.

Cost of Living Adjustment

Tucson's cost of living index of 99 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Tucson 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 Tucson typically goes toward housing. With a 1-bedroom apartment averaging $1,300 per month, housing represents about 27.4% 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 Tucson, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.