SalaryExplorer

SOC 13-2052 · May 2025 · BLS OEWS

Personal Financial Advisors — Waterbury

Waterbury-Shelton, CT · 4 metro areas compared

$123,570 /year
$59.41per hour
170jobs in area
+17.6%vs US median

Median pay for this occupation in Waterbury, CT comes to $123,570 a year, ahead of the national median of $105,070 by 17.6%.

Wage distribution · annual

Shaded band holds the middle 50% of earners

US MEDIAN $105,07010TH$57,24025TH$80,000MEDIAN$123,57075TH$161,49090TH$221,050

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 Waterbury-Shelton, CT.

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

Median pay for this occupation in Waterbury, CT comes to $123,570 a year, ahead of the national median of $105,070 by 17.6%. Pay ranges from under $57,240 at the tenth percentile to more than $221,050 at the ninetieth, with the interquartile range running from $80,000 to $161,490.

The area has 170 jobs in this occupation, giving a location quotient of 0.62 — a measure of how concentrated the occupation is here relative to the country as a whole. Within the state, Bridgeport records the highest median at $135,770. Of the 387 occupations with published wages in this area, it sits 38th.

Percentile breakdown

Annual wages by percentile · Waterbury-Shelton, CT · May 2025
PercentileAnnualvs US median
10th$57,240−45.5%
25th$80,000−23.9%
Median (50th)$123,570+17.6%
75th$161,490+53.7%
90th$221,050+110.4%
Mean$146,130+39.1%

Why the average earner is usually not a typical earner

Other metro areas in Connecticut

Median annual wage for Personal Financial Advisors, by metro area
#Metro areaMedianJobsRelative
1Bridgeport$135,7702,500
2Norwich$124,49090
3New Haven$120,110320
4Hartford$81,990—

What the pay is worth locally

Prices in Waterbury sit close to the national average, so $123,570 is worth roughly its face value against pay elsewhere.

Published median

$123,570as reported by BLS

Local price level

99.8US average = 100 · BEA 2024

Adjusted for local prices

$123,818US average = 100 · BEA 2024

Why the state that pays most is usually not where pay goes furthest

Key takeaways

  • Median pay is $123,570 a year, 17.6% above the national median.
  • Published pay spans $57,240 to $221,050 between the tenth and ninetieth percentiles.
  • The area has 170 jobs in this occupation.
  • The highest-paying metro area covered is Bridgeport, at $135,770.

Frequently asked questions

What is the median wage for Personal Financial Advisors in Waterbury, CT?

The median annual wage is $123,570, or $59.41 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 Waterbury, CT is 17.6% higher. 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 Waterbury, CT earns more than $221,050 per year. The ninetieth percentile is the highest figure the survey publishes.

What is the starting range?

The tenth percentile wage is $57,240 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 Bridgeport, at $135,770 per year.

How many jobs are there in this occupation here?

The survey estimates 170 jobs in this occupation in Waterbury, CT. 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.

Personal Financial Advisors in Waterbury, CT Earn $123,570 — 17.6% Above the US Median (2025) | Salary Explorer