Financial Advisor Pay

Malden vs Worcester: Financial Advisor Salary (2026)

Compare financial advisor salaries between Malden, MA and Worcester, MA. All figures are 2026 estimates projected from BLS 2025 data.

Malden, MA
$131,122
$63.04/hr
Worcester, MA
$124,373
$59.80/hr

Side-by-Side Comparison

MetricMalden, MAWorcester, MA
Median Salary$131,122$124,373
Hourly Rate$63.04$59.80
Entry Level (P10)$76,050$61,970
25th Percentile$94,408$86,565
75th Percentile$167,836$149,330
Top Earner (P90)$203,239$305,634
Total Employed15N/A
Side-by-side bar chart comparing Malden ($131,122) and Worcester ($124,373) financial advisor salaries.MaldenWorcesterMedian Salary$131,122$124,373Entry Level (P10)$76,050$61,970Top Earner (P90)$203,239$305,634US Median $108,537

Verdict

Malden, MA offers better overall compensation for financial advisors, winning 3 out of 4 metrics compared to Worcester.

The salary gap between Malden and Worcester is $6,749 (5.43%). Malden's median is +20.81% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Malden spans $127,189,Worcester spans $243,664. Worcester has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Malden
P10 (Entry)$76,050
P25$94,408
Median$131,122
P75$167,836
P90 (Top)$203,239
Worcester
P10 (Entry)$61,970
P25$86,565
Median$124,373
P75$149,330
P90 (Top)$305,634

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Worcester ($121,312 effective) pays 0.38% more than Malden ($120,850 effective).

Malden
Nominal: $131,122
CoL Index: 108.5
Adjusted: $120,850
Worcester
Nominal: $124,373
CoL Index: 102.523
Adjusted: $121,312

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

Which City Is Right for You?

Choose Malden if…

  • Higher median salary ($131,122/year)
  • Larger job market (15 employed)
  • You prefer the Massachusetts area and lifestyle

Choose Worcester if…

  • Better top-earner potential ($305,634)
  • Better purchasing power (CoL-adjusted: $121,312)
  • You prefer the Massachusetts area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Malden grew -23.3% from 2024 to 2025, compared to 70.0% growth in Worcester over the same period.

Malden, MA

+-23.3%

$165,446 (2024) → $126,933 (2025)

Worcester, MA

+70.0%

$70,830 (2019) → $120,400 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Malden or Worcester?

Malden has a higher median financial advisor salary at $131,122/year, compared to Worcester at $124,373/year — a difference of $6,749 (5.43%).

What is the hourly rate difference between Malden and Worcester?

Malden financial advisors earn $63.04/hr while Worcester hygienists earn $59.80/hr (2026 est.).

Should I relocate from Malden to Worcester as a financial advisor?

Consider more than just salary when comparing Malden and Worcester. Factor in cost of living (CoL-adjusted: Malden = $120,850, Worcester = $121,312), commute, and career growth potential.

What do entry-level financial advisors earn in Malden vs Worcester?

Entry-level (10th percentile) financial advisors earn $76,050 in Malden and $61,970 in Worcester. The Malden area offers higher starting salaries.
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