Financial Advisor Salary in Galesburg, IL: $110,119 (2026)
Quick Answer:A full-time financial advisor in Galesburg, IL earns a median $110,119/year (≈ $52.94/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Galesburg's price level (3% below national, BEA RPP 97.1), that paycheck buys what $113,408 would nationally. Nominal pay sits 5.1% below the Illinois state average.
Based on BLS state-level estimates · View source
In Galesburg, Illinois, financial advisors can expect a median annual salary of $110,119 by 2026, reflecting a slight increase over the national median of $108,537 for the same year. The projected salary range extends from $63,869 at the 10th percentile to $170,685 at the 90th percentile, demonstrating a considerable variation in potential earnings for those in the field. These figures stem from local estimates based on 2025 BLS data and adjusted for regional cost factors, providing an important context for aspiring financial advisors. With four financial advisors employed in the area, the local market presents both challenges and opportunities, highlighting the necessity for professionals to carve out their niche effectively.
About the Galesburg Market
Salary estimated from Illinois average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $63,869 | $30.71 |
| Lower Range (P25) | $79,286 | $38.12 |
| Median (P50)(typical) | $110,119 | $52.94 |
| Upper Range (P75) | $140,952 | $67.76 |
| Top Earners (P90) | $170,685 | $82.06 |
Median Salary Position
1.46% above the national average
2026 Salary Percentile Distribution in Galesburg
In Galesburg, IL, the financial advisor salary spread from the 10th to 90th percentile is $106,816 (2026 est.). At $110,119, the local median is 1.46% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Galesburg: You'd be in the lower-middle range
How Galesburg Financial Advisor Pay Compares
Galesburg median: $110,119/year (2026)
| Compared To | Median Salary | Galesburg Pays |
|---|---|---|
| Illinois Average | $116,037 | -5.10% less |
| National Average | $108,537 | +1.46% more |
Financial Advisors in Galesburg, IL earn a median of $110,119 per year (2026 est.), which is 1.46% higher than the national median of $108,537 and 5.10% below the Illinois state average of $116,037.
Cost-of-Living Adjusted Salary
Galesburg has a cost of living 2.90% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Galesburg, IL has a cost-of-living index of 97.1 (below the national average of 100). A financial advisor earning $110,119 nominally has purchasing power equivalent to $113,408 in an average-cost city — an effective 2.99% boost.
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2019 BLS Actual
$89,130
2025 BLS Actual
$106,601
2026 Current Est.
$110,119
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Galesburg (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $89,130 | Actual |
| 2020 | $90,632 | Actual |
| 2021 | $95,542 | Actual |
| 2022 | $96,780 | Actual |
| 2023 | $101,031 | Actual |
| 2024 | $105,928 | Actual |
| 2025 | $106,601 | Actual |
| 2026(current) | $110,119 | Estimated |
| 2027 | $113,753 | Projected |
Based on 7 years of BLS OEWS data for the Galesburg metropolitan area, the median financial advisor salary grew 19.6% from $89,130 (2019) to $106,601 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $113,753 by 2027 — a total increase of $24,623 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Galesburg metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.30% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $63,869 – $79,286 |
| 3-5 years (Mid Career) | $79,286 – $110,119 |
| 5+ years (Experienced) | $110,119 – $140,952 |
| 10+ years (Top Earner) | $140,952 – $170,685 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Galesburg
Galesburg's cost of living index stands at 97.1, which indicates that everyday expenses are slightly below the national average. This potentially enhances the purchasing power for financial advisors in the region. Among local employers, wirehouses like Morgan Stanley and Merrill Lynch tend to offer higher compensation packages, influenced by commission structures, while independent broker-dealers and RIAs provide competitive salaries based on fee models. The disparity in earnings within Galesburg can be attributed to factors such as client concentration, the assets under management (AUM) a financial advisor oversees, and additional certifications like the CFP or CFA. For those seeking to maximize their pay in this market, focusing on building a robust client base and leveraging expertise in fiduciary planning can set them apart in an evolving industry landscape.
More salary data for Galesburg, IL:
Frequently Asked Questions
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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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $106,601 for financial advisorsin the Galesburg metropolitan area. A 3.30% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Galesburg is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.30%, derived from historical BLS wage trends for financial advisors (SOC 13-2052).
Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov