Financial Advisor Pay

Hempstead vs Rochester: Financial Advisor Salary (2026)

Compare financial advisor salaries between Hempstead, NY and Rochester, NY. All figures are 2026 estimates projected from BLS 2025 data.

Hempstead, NY
$122,953
$59.11/hr
Rochester, NY
$104,488
$50.23/hr

Side-by-Side Comparison

MetricHempstead, NYRochester, NY
Median Salary$122,953$104,488
Hourly Rate$59.11$50.23
Entry Level (P10)$71,313$63,209
25th Percentile$88,526$74,944
75th Percentile$157,380$180,093
Top Earner (P90)$190,577$295,758
Total Employed9820
Side-by-side bar chart comparing Hempstead ($122,953) and Rochester ($104,488) financial advisor salaries.HempsteadRochesterMedian Salary$122,953$104,488Entry Level (P10)$71,313$63,209Top Earner (P90)$190,577$295,758US Median $108,537

Verdict

Hempstead and Rochester are closely matched on overall financial advisor compensation, each winning on different metrics.

The salary gap between Hempstead and Rochester is $18,465 (17.67%). Hempstead's median is +13.28% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Hempstead spans $119,264,Rochester spans $232,549. Rochester has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Hempstead
P10 (Entry)$71,313
P25$88,526
Median$122,953
P75$157,380
P90 (Top)$190,577
Rochester
P10 (Entry)$63,209
P25$74,944
Median$104,488
P75$180,093
P90 (Top)$295,758

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Rochester ($107,681 effective) pays 1.50% more than Hempstead ($106,085 effective).

Hempstead
Nominal: $122,953
CoL Index: 115.9
Adjusted: $106,085
Rochester
Nominal: $104,488
CoL Index: 97.035
Adjusted: $107,681

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

Which City Is Right for You?

Choose Hempstead if…

  • Higher median salary ($122,953/year)
  • You prefer the New York area and lifestyle

Choose Rochester if…

  • Better top-earner potential ($295,758)
  • Larger job market (820 employed)
  • Better purchasing power (CoL-adjusted: $107,681)
  • You prefer the New York area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Hempstead grew -36.7% from 2024 to 2025, compared to 10.3% growth in Rochester over the same period.

Hempstead, NY

+-36.7%

$187,992 (2024) → $119,025 (2025)

Rochester, NY

+10.3%

$91,670 (2019) → $101,150 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Hempstead or Rochester?

Hempstead has a higher median financial advisor salary at $122,953/year, compared to Rochester at $104,488/year — a difference of $18,465 (17.67%).

What is the hourly rate difference between Hempstead and Rochester?

Hempstead financial advisors earn $59.11/hr while Rochester hygienists earn $50.23/hr (2026 est.).

Should I relocate from Hempstead to Rochester as a financial advisor?

Consider more than just salary when comparing Hempstead and Rochester. Factor in cost of living (CoL-adjusted: Hempstead = $106,085, Rochester = $107,681), job availability (9 vs 820 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Hempstead vs Rochester?

Entry-level (10th percentile) financial advisors earn $71,313 in Hempstead and $63,209 in Rochester. The Hempstead 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