Financial Advisor Pay

Carol Stream vs Springfield: Financial Advisor Salary (2026)

Compare financial advisor salaries between Carol Stream, IL and Springfield, IL. All figures are 2026 estimates projected from BLS 2025 data.

Carol Stream, IL
$112,552
$54.11/hr
Springfield, IL
$159,464
$76.67/hr

Side-by-Side Comparison

MetricCarol Stream, ILSpringfield, IL
Median Salary$112,552$159,464
Hourly Rate$54.11$76.67
Entry Level (P10)$65,279$63,292
25th Percentile$81,614$87,113
75th Percentile$144,066$240,431
Top Earner (P90)$174,455$414,873
Total Employed10100
Side-by-side bar chart comparing Carol Stream ($112,552) and Springfield ($159,464) financial advisor salaries.Carol StreamSpringfieldMedian Salary$112,552$159,464Entry Level (P10)$65,279$63,292Top Earner (P90)$174,455$414,873US Median $108,537

Verdict

Springfield, IL offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Carol Stream.

The salary gap between Carol Stream and Springfield is $46,912 (41.68%). Springfield's median is +46.92% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Carol Stream spans $109,176,Springfield spans $351,581. Springfield has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Carol Stream
P10 (Entry)$65,279
P25$81,614
Median$112,552
P75$144,066
P90 (Top)$174,455
Springfield
P10 (Entry)$63,292
P25$87,113
Median$159,464
P75$240,431
P90 (Top)$414,873

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Springfield ($171,938 effective) pays 48.33% more than Carol Stream ($115,913 effective).

Carol Stream
Nominal: $112,552
CoL Index: 97.1
Adjusted: $115,913
Springfield
Nominal: $159,464
CoL Index: 92.745
Adjusted: $171,938

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Carol Stream if…

  • You prefer the Illinois area and lifestyle

Choose Springfield if…

  • Higher median salary ($159,464/year)
  • Better top-earner potential ($414,873)
  • Larger job market (100 employed)
  • Better purchasing power (CoL-adjusted: $171,938)
  • You prefer the Illinois area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Carol Stream grew 0.6% from 2024 to 2025, compared to 80.2% growth in Springfield over the same period.

Carol Stream, IL

+0.6%

$108,267 (2024) → $108,956 (2025)

Springfield, IL

+80.2%

$85,660 (2019) → $154,370 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Carol Stream or Springfield?

Springfield has a higher median financial advisor salary at $159,464/year, compared to Carol Stream at $112,552/year — a difference of $46,912 (41.68%).

What is the hourly rate difference between Carol Stream and Springfield?

Carol Stream financial advisors earn $54.11/hr while Springfield hygienists earn $76.67/hr (2026 est.).

Should I relocate from Carol Stream to Springfield as a financial advisor?

Consider more than just salary when comparing Carol Stream and Springfield. Factor in cost of living (CoL-adjusted: Carol Stream = $115,913, Springfield = $171,938), job availability (10 vs 100 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Carol Stream vs Springfield?

Entry-level (10th percentile) financial advisors earn $65,279 in Carol Stream and $63,292 in Springfield. The Carol Stream area offers higher starting salaries.

Related Comparisons

JL

Written by Jordan Lee, CFP

Career Analyst

Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.

Clinically reviewed by Sophia Martinez, CFAData verified by Ethan Wang, ChFC

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.30% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov