Personal Financial Advisors Salary in South Bend-Mishawaka, IN-MI
The median pay for a personal financial advisors in South Bend-Mishawaka, IN-MI is $81,710/year ($39.29/hour), per BLS data. Entry-level positions start around $49K. BLS does not publish top-end wages for this occupation because they exceed the reportable ceiling. Note: the mean (average) wage is $126K, significantly higher than the median. This typically reflects a mix of employment settings including academic and private practice positions. Cost of living is below average (RPP 92.86), which stretches that salary to about $87,993 in buying power. Rent on a 2-bedroom averages $993/month, or 18.9% of estimated take-home pay.
So what does $82K get you in South Bend-Mishawaka?
Groceries, utilities, transportation, and healthcare scaled from national averages by South Bend-Mishawaka’s Regional Price Parity (92.86). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About personal financial advisors
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Compensation breakdown
Annual earnings by percentile, South Bend-Mishawaka, IN-MI
Entry-level personal financial advisors (10th percentile) start around $49K. Mid-career wages sit at $82K. Top earners bring in N/A or more.
Personal Financial Advisors pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New York | $168K | +64% | 28,820 |
| Idaho | $136K | +34% | 930 |
| California | $129K | +26% | 34,070 |
| Delaware | $128K | +25% | 600 |
| New Jersey | $124K | +21% | 6,830 |
| South Dakota | $123K | +21% | 500 |
| Maryland | $123K | +20% | 5,560 |
| Wisconsin | $116K | +13% | 5,240 |
| Washington | $112K | +10% | 6,510 |
| Connecticut | $107K | +5% | 3,990 |
| Illinois | $104K | +2% | 10,410 |
| Pennsylvania | $103K | +1% | 12,370 |
| Indiana | $102K | -0% | 5,370 |
| Massachusetts | $101K | -1% | 7,410 |
| Rhode Island | $101K | -1% | 1,290 |
| District of Columbia | $101K | -1% | 650 |
| Kansas | $101K | -1% | 3,130 |
| Virginia | $100K | -2% | 5,560 |
| North Dakota | $99K | -3% | 480 |
| South Carolina | $99K | -3% | 2,070 |
| Michigan | $99K | -3% | 6,030 |
| Georgia | $98K | -4% | 7,540 |
| Montana | $97K | -5% | 480 |
| Minnesota | $94K | -8% | 6,360 |
| Tennessee | $89K | -12% | 4,350 |
| Florida | $88K | -14% | 21,230 |
| Arizona | $85K | -17% | 7,190 |
| Missouri | $84K | -18% | 4,860 |
| New Hampshire | $83K | -19% | 1,710 |
| Texas | $82K | -20% | 17,570 |
| Ohio | $82K | -20% | 10,210 |
| Nevada | $82K | -20% | 1,430 |
| Iowa | $82K | -20% | 2,400 |
| Vermont | $81K | -20% | 480 |
| Oregon | $80K | -21% | 2,120 |
| Alabama | $80K | -22% | 2,320 |
| Kentucky | $79K | -23% | 1,870 |
| Louisiana | $78K | -23% | 1,280 |
| West Virginia | $78K | -24% | 730 |
| New Mexico | $78K | -24% | 570 |
| Hawaii | $76K | -26% | 610 |
| Arkansas | $75K | -26% | 1,250 |
| Nebraska | $74K | -28% | 1,670 |
| Oklahoma | $73K | -29% | 1,340 |
| Utah | $67K | -34% | 2,620 |
| Mississippi | $65K | -36% | 870 |
Showing 1–10 of 46 states
BLS does not publish data for every state when sample sizes are too small
Track personal financial advisors salary changes
BLS updates this data quarterly. We'll email you when South Bend-Mishawaka numbers change.
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Frequently asked questions
How much do personal financial advisors make in South Bend-Mishawaka, IN-MI?
The median is $81,710 a year, that works out to about $39 an hour. But the range is wide: entry-level workers start around $48,900, and experienced personal financial advisors can clear N/A. The mean (average) is $126,420, reflecting that some workers earn substantially more. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $82K enough to live in South Bend-Mishawaka?
On that salary, you'd take home roughly $5,281/month after taxes. A 2-bedroom here rents for about $993/month, which eats 18.8% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a personal financial advisors salary go in South Bend-Mishawaka?
South Bend-Mishawaka has a Regional Price Parity of 92.86 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median personal financial advisors salary is worth about $87,993 in national-average purchasing power.
Where do personal financial advisors get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.