Franklin vs Knoxville: Financial Advisor Salary (2026)
Compare financial advisor salaries between Franklin, TN and Knoxville, TN. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Franklin, TN | Knoxville, TN |
|---|---|---|
| Median Salary | $92,912▲ | $83,022 |
| Hourly Rate | $44.67▲ | $39.92 |
| Entry Level (P10) | $53,890▲ | $45,328 |
| 25th Percentile | $66,897▲ | $55,100 |
| 75th Percentile | $118,927 | $169,959▲ |
| Top Earner (P90) | $144,014 | $450,398▲ |
| Total Employed | 18 | 420▲ |
Verdict
Franklin and Knoxville are closely matched on overall financial advisor compensation, each winning on different metrics.
The salary gap between Franklin and Knoxville is $9,890 (11.91%). Franklin's median is -14.40% compared to the US national median of $108,537.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Franklin spans $90,124,Knoxville spans $405,070. Knoxville has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Franklin ($101,211 effective) pays 12.85% more than Knoxville ($89,687 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Franklin if…
- ✓Higher median salary ($92,912/year)
- ✓Better purchasing power (CoL-adjusted: $101,211)
- ✓You prefer the Tennessee area and lifestyle
Choose Knoxville if…
- ✓Better top-earner potential ($450,398)
- ✓Larger job market (420 employed)
- ✓You prefer the Tennessee area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, financial advisor salaries in Franklin grew 8.9% from 2024 to 2025, compared to 54.8% growth in Knoxville over the same period.
Franklin, TN
$82,605 (2024) → $89,944 (2025)
Knoxville, TN
$51,910 (2019) → $80,370 (2025)
View Full Salary Data
Franklin, TN
Knoxville, TN
Frequently Asked Questions
Which city pays financial advisors more: Franklin or Knoxville?
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Should I relocate from Franklin to Knoxville as a financial advisor?
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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.
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