Financial Advisor Salary in Lake in the Hills, IL: $113,533 (2026)
Quick Answer:A full-time financial advisor in Lake in the Hills, IL earns a median $113,533/year (≈ $54.58/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Lake in the Hills's price level (3% below national, BEA RPP 97.1), that paycheck buys what $116,924 would nationally. Nominal pay sits 2.2% below the Illinois state average.
Based on BLS state-level estimates · View source
In 2026, the financial advisor salary in Lake in the Hills, IL, is projected to reach a median of $113,533, positioning it slightly above the national median of $108,537 for the same year. This figure highlights the local economic potential for financial advisors, especially when one considers the full salary range that extends from $65,849 at the 10th percentile to an impressive $175,976 for those at the 90th percentile. These projections are grounded in estimates derived from BLS state-level data and regional price parities. The job market for financial advisors in Lake in the Hills reflects a competitive positioning, suggesting a robust local demand for advisory services and potential for those looking to go independent and establish their long-term compensation strategies.
About the Lake in the Hills Market
Salary estimated from Illinois average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $65,849 | $31.66 |
| Lower Range (P25) | $81,743 | $39.30 |
| Median (P50)(typical) | $113,533 | $54.58 |
| Upper Range (P75) | $145,322 | $69.86 |
| Top Earners (P90) | $175,976 | $84.60 |
Median Salary Position
4.60% above the national average
2026 Salary Percentile Distribution in Lake in the Hills
In Lake in the Hills, IL, the financial advisor salary spread from the 10th to 90th percentile is $110,127 (2026 est.). At $113,533, the local median is 4.6% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Lake in the Hills: You'd be in the lower-middle range
How Lake in the Hills Financial Advisor Pay Compares
Lake in the Hills median: $113,533/year (2026)
| Compared To | Median Salary | Lake in the Hills Pays |
|---|---|---|
| Illinois Average | $116,087 | -2.20% less |
| National Average | $108,537 | +4.60% more |
Financial Advisors in Lake in the Hills, IL earn a median of $113,533 per year (2026 est.), which is 4.60% higher than the national median of $108,537 and 2.20% below the Illinois state average of $116,087.
Cost-of-Living Adjusted Salary
Lake in the Hills 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.
Lake in the Hills, IL has a cost-of-living index of 97.1 (below the national average of 100). A financial advisor earning $113,533 nominally has purchasing power equivalent to $116,924 in an average-cost city — an effective 2.99% boost.
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2019 BLS Actual
$91,893
2025 BLS Actual
$109,906
2026 Current Est.
$113,533
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Lake in the Hills (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $91,893 | Actual |
| 2020 | $93,442 | Actual |
| 2021 | $98,504 | Actual |
| 2022 | $99,780 | Actual |
| 2023 | $104,163 | Actual |
| 2024 | $109,212 | Actual |
| 2025 | $109,906 | Actual |
| 2026(current) | $113,533 | Estimated |
| 2027 | $117,279 | Projected |
Based on 7 years of BLS OEWS data for the Lake in the Hills metropolitan area, the median financial advisor salary grew 19.6% from $91,893 (2019) to $109,906 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $117,279 by 2027 — a total increase of $25,386 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Lake in the Hills 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) | $65,849 – $81,743 |
| 3-5 years (Mid Career) | $81,743 – $113,533 |
| 5+ years (Experienced) | $113,533 – $145,322 |
| 10+ years (Top Earner) | $145,322 – $175,976 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Lake in the Hills
The job market for financial advisors in Lake in the Hills is relatively concentrated, with only six professionals employed in this sector, creating opportunities for aspiring advisors to carve niche roles. The area's cost-of-living index is 97.1, indicating that expenses are below the national average, which can enhance the purchasing power of those in the profession. Among the local employers, wirehouses like Morgan Stanley and Merrill Lynch typically offer some of the highest compensations, driven by a commission-based model that diverges from the fee-only structure favored by independent financial advisors. The substantial salary range can be attributed to factors such as assets under management, fee models, and the influence of professional credentials like CFP or CFA. For those looking to maximize their financial advisor pay in Lake in the Hills, establishing a solid client base, emphasizing fiduciary services, and potentially transitioning from a wirehouse model could yield significant long-term financial benefits.
More salary data for Lake in the Hills, 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 $109,906 for financial advisorsin the Lake in the Hills 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 Lake in the Hills 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