Personal Financial Advisors pay range in Elkhart
New workers and the lowest-paid 10% earn about $44,460 a year or less, while the top 10% make $236,990 or more. The middle half of personal financial advisors in Elkhart earn between $47,520 and $155,500.
- $44K10th
- $48K25th
- $75KMedian
- $156K75th
- $237K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $118,830 | $9,902 | $57.13 |
| Median | $75,270 | $6,272 | $36.19 |
| Entry level (25th percentile) | $47,520 | $3,960 | $22.85 |
| Experienced (75th percentile) | $155,500 | $12,958 | $74.76 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Personal Financial Advisors pay in Elkhart vs. Indiana and the U.S.
Personal financial advisors in Elkhart earn 13% less than the Indiana average ($137,220) and 24% less than the U.S. average ($156,670). At the median the gap is -28% against the U.S. median of $105,070.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Elkhart | $118,830 | $75,270 | $44,460 | $236,990 | 110 |
| Indiana | $137,220 | $87,710 | $44,150 | $319,330 | 5,400 |
| United States | $156,670 | $105,070 | $50,190 | $357,020 | 266,800 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Personal Financial Advisors salary after taxes in Elkhart
On the average salary of $118,830, a single filer in Elkhart takes home about $86,535 a year, or $7,211 a month and $3,328 every two weeks. Taxes take 27% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). Includes Elkhart's local income tax (2%).
Is Elkhart a good place for personal financial advisors? Pay vs. cost of living
Prices in the Elkhart area are 10% below the U.S. average (BEA price parity 90.3), so the average $118,830 buys what about $131,558 would buy in a typical U.S. metro. This job pays 1.6 times the median wage of all jobs in Elkhart ($48,070). A typical home costs $265,734, or 2.2 years of this average salary before tax.
Personal Financial Advisors salary in other Indiana cities
Elkhart ranks 5th of 12 Indiana metro areas for this job; Indianapolis pays the most ($162,810).
- Indianapolis$162,810
- Kokomo$140,760
- Lafayette$129,290
- Evansville$126,880
- Elkhart$118,830
- Fort Wayne$118,080
- South Bend$112,440
- Michigan City$106,370
- Bloomington$105,680
- Muncie$104,430
Highest-paying cities for personal financial advisors
Staunton, VA pays this job the most of the metro areas we cover ($258,100).
- Staunton, VA$258,100
- Naples, FL$227,090
- New York, NY$217,170
- Macon, GA$214,380
- San Francisco, CA$214,350
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Personal Financial Advisors salary in Elkhart: questions
How much do personal financial advisors make an hour in Elkhart?
$57.13 an hour on average, and $36.19 at the median (BLS, May 2025).
What is the entry-level personal financial advisors salary in Elkhart?
The lowest-paid 10% earn about $44,460 a year and the 25th percentile is $47,520, a fair guide to starting pay.
What is the personal financial advisors take-home pay in Elkhart?
About $86,535 a year ($7,211 a month) for a single filer on the average salary of $118,830. Includes Elkhart's local income tax (2%).
Do personal financial advisors earn more in Elkhart than elsewhere?
The average here is 24% less than the U.S. average for this job ($156,670).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2052; area Elkhart-Goshen, IN (21140). Relative standard error of the mean wage: 14.2%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). Includes Elkhart's local income tax (2%).
- Job concentration: location quotient 0.52, this job is less common than in the U.S. overall (location quotient 0.52).
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