Based on the latest Bureau of Labor Statistics OEWS data — updated September 10, 2026.
| Massachusetts | National | Difference | |
|---|---|---|---|
| Median annual salary | $125,670 | $110,804 | +13% |
| Median hourly wage | $60.42 | $53.27 | +13% |
Adjusted for local price levels (100 = national average), the cost-adjusted median is $118,781.
| City | Median | Entry Level | Experienced | Cost of Living |
|---|---|---|---|---|
| City-level data coming soon. | ||||
The median annual salary for a Financial Advisor in Massachusetts is $125,670, or about $60.42 per hour, according to BLS OEWS data.
The national median for Financial Advisors is $110,804. Massachusetts is +13% above the national median.
Entry-level financial advisors in Massachusetts typically earn from varies by experience depending on the city and employer.
At a median salary of $125,670, Massachusetts offers above-average pay compared to the rest of the country.
By median annual wage, financial advisors rank 80 of the 717 occupations reported in Massachusetts — higher than 89% of them.
Among occupations in the same job family, Management Analysts at $134,720, Financial Risk Specialists at $130,400, Project Management Specialists at $114,190 — all figures are median annual wages for Massachusetts.
No. Every figure on this page is a gross (pre-tax) wage. Massachusetts levies a state income tax, so take-home pay is lower than the gross figures shown here. The state's cost of living index is 130.0 (100 = national average).
By median annual wage, financial advisors rank 80 of the 717 occupations reported in Massachusetts — higher than 89% of them.
| Occupation in the same job family | Median in Massachusetts | Jobs |
|---|---|---|
| Management Analysts | $134,720 | $30,060 |
| Financial Risk Specialists | $130,400 | $1,440 |
| Project Management Specialists | $114,190 | $21,960 |
| Labor Relations Specialists | $111,260 | $1,660 |
| Financial Examiners | $111,110 | $950 |
| Financial and Investment Analysts | $111,040 | $14,790 |
Massachusetts levies a state income tax, so take-home pay is lower than the gross figures shown here. The state's cost of living index is 130.0 (100 = national average).
Ranking and comparison figures come from the same BLS OEWS release as the rest of this page, which covers 717 occupations in Massachusetts.