SOC 13-2052 · May 2025 · BLS OEWS
Personal Financial Advisors — Kokomo
Kokomo, IN · 10 metro areas compared
The median wage here is $97,430 a year, within a few percent of the national median of $105,070.
Wage distribution · annual
Shaded band holds the middle 50% of earners
How pay has moved
The next ten years
Projected to grow faster than average
- Change in jobs, 2024 to 2034
- +9.6%
- Openings per year
- 24,100
- Typical entry-level education
- Bachelor's degree
- On-the-job training
- Long-term on-the-job training
Includes jobs opened by workers leaving the occupation, not only new positions.
15.8% of people in this occupation work for themselves.
Projections are published nationally only. This is the outlook for the occupation across the United States, not a measurement for Kokomo, IN.
Projections are based on 2024 employment and run to 2034. The wages above are from the May 2025 survey, a separate BLS programme on a different release cycle, so the two are not two views of one dataset.
Salary overview
The median wage here is $97,430 a year, within a few percent of the national median of $105,070. The middle half of workers in this occupation earn between $50,280 and $178,650. The lowest tenth earn under $45,230, while the highest tenth earn more than $337,140.
The area has 80 jobs in this occupation, giving a location quotient of 1.28 — a measure of how concentrated the occupation is here relative to the country as a whole. Within the state, Indianapolis records the highest median at $102,640. Of the 157 occupations with published wages in this area, it sits 18th.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $45,230 | −57.0% |
| 25th | $50,280 | −52.1% |
| Median (50th) | $97,430 | −7.3% |
| 75th | $178,650 | +70.0% |
| 90th | $337,140 | +220.9% |
| Mean | $140,760 | +34.0% |
Other metro areas in Indiana
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Indianapolis | $102,640 | 2,400 | |
| 2 | Bloomington | $94,040 | — | |
| 3 | Lafayette | $81,400 | 70 | |
| 4 | Fort Wayne | $80,680 | 390 | |
| 5 | Evansville | $79,160 | 210 | |
| 6 | Columbus | $77,650 | 70 | |
| 7 | Elkhart | $75,270 | 110 | |
| 8 | South Bend | $74,510 | 220 | |
| 9 | Muncie | $66,640 | 70 | |
| 10 | Michigan City | $60,490 | 60 |
What the pay is worth locally
Prices in Kokomo run 10.4% below the national average, so the median of $97,430 goes as far as $108,739 would elsewhere in the country. Measured that way it compares to the national median at 3.5% above the national median in real terms.
Published median
$97,430as reported by BLSLocal price level
89.6US average = 100 · BEA 2024Adjusted for local prices
$108,739US average = 100 · BEA 2024Why the state that pays most is usually not where pay goes furthest
Key takeaways
- Median pay is $97,430 a year, 7.3% below the national median.
- Published pay spans $45,230 to $337,140 between the tenth and ninetieth percentiles.
- The area has 80 jobs in this occupation.
- The highest-paying metro area covered is Indianapolis, at $102,640.
Frequently asked questions
What is the median wage for Personal Financial Advisors in Kokomo, IN?
The median annual wage is $97,430, or $46.84 per hour, as of May 2025. Half of the workers in this occupation earn more than that and half earn less.
Is that higher than the national average?
The national median for this occupation is $105,070, so pay in Kokomo, IN is 7.3% lower. These figures are medians, not averages: half of workers fall on each side.
What do the top earners make?
The top tenth of this occupation in Kokomo, IN earns more than $337,140 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $45,230 per year. The survey measures wages actually paid rather than experience level, so this reflects the lowest-paid tenth rather than entry-level pay specifically.
Which area nearby pays the most?
The highest median for this occupation among the metro areas covered is in Indianapolis, at $102,640 per year.
How many jobs are there in this occupation here?
The survey estimates 80 jobs in this occupation in Kokomo, IN. Self-employed workers are not included.
Source and methodology
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Wages are for wage-and-salary workers; self-employed workers are not included. Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.
Explore related data