Financial Advisor Salary in Goshen, IN: $76,656 (2026)
Quick Answer:A full-time financial advisor in Goshen, IN earns a median $76,656/year (≈ $36.86/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Goshen's price level (9% below national, BEA RPP 91.3), that paycheck buys what $83,961 would nationally. Nominal pay sits 5.4% below the Indiana state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Goshen, Indiana, can anticipate a median annual salary of $76,656. This figure is notably lower than the national median of $108,537, highlighting specific local economic conditions. The salary spectrum for financial advisors in the region ranges from $44,460 at the 10th percentile to $118,817 at the 90th percentile, indicating variability based on experience, clientele, and performance. These salary estimates, derived from BLS state-level data and regional cost adjustments, reflect the unique job market in Goshen. As more professionals explore options beyond traditional wirehouse models, the compensation landscape may shift, especially as independent advisors leverage their expertise and client relationships for long-term gains.
About the Goshen Market
Salary estimated from Indiana average ($88,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $44,460 | $21.37 |
| Lower Range (P25) | $55,192 | $26.54 |
| Median (P50)(typical) | $76,656 | $36.86 |
| Upper Range (P75) | $98,120 | $47.18 |
| Top Earners (P90) | $118,817 | $57.12 |
Median Salary Position
29.37% below the national average
2026 Salary Percentile Distribution in Goshen
In Goshen, IN, the financial advisor salary spread from the 10th to 90th percentile is $74,357 (2026 est.). At $76,656, the local median is 29.37% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Goshen: You'd be in the lower-middle range
How Goshen Financial Advisor Pay Compares
Goshen median: $76,656/year (2026)
| Compared To | Median Salary | Goshen Pays |
|---|---|---|
| Indiana Average | $81,032 | -5.40% less |
| National Average | $108,537 | -29.37% less |
Financial Advisors in Goshen, IN earn a median of $76,656 per year (2026 est.), which is 29.37% lower than the national median of $108,537 and 5.40% below the Indiana state average of $81,032.
Cost-of-Living Adjusted Salary
Goshen has a cost of living 8.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Goshen, IN has a cost-of-living index of 91.3 (below the national average of 100). A financial advisor earning $76,656 nominally has purchasing power equivalent to $83,961 in an average-cost city — an effective 9.53% boost.
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2019 BLS Actual
$62,045
2025 BLS Actual
$74,207
2026 Current Est.
$76,656
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Goshen (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $62,045 | Actual |
| 2020 | $63,090 | Actual |
| 2021 | $66,509 | Actual |
| 2022 | $67,370 | Actual |
| 2023 | $70,330 | Actual |
| 2024 | $76,833 | Actual |
| 2025 | $74,207 | Actual |
| 2026(current) | $76,656 | Estimated |
| 2027 | $79,185 | Projected |
Based on 7 years of BLS OEWS data for the Goshen metropolitan area, the median financial advisor salary grew 19.6% from $62,045 (2019) to $74,207 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $79,185 by 2027 — a total increase of $17,140 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Goshen 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) | $44,460 – $55,192 |
| 3-5 years (Mid Career) | $55,192 – $76,656 |
| 5+ years (Experienced) | $76,656 – $98,120 |
| 10+ years (Top Earner) | $98,120 – $118,817 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Goshen
Despite having only six financial advisors employed in Goshen, the potential for growth in this market remains significant. The cost of living, represented by a low index of 91.3, positions local advisors to enjoy a better purchasing power compared to many other locations. In the Goshen market, firms affiliated with wirehouses such as Morgan Stanley and Merrill Lynch generally offer the highest compensation, particularly for advisors who manage substantial books of business or serve high-net-worth clients. Factors influencing the disparity in earnings include the chosen fee model, with RIAs often favoring an AUM structure that rewards advisors based on client investment, versus commissions prevalent in wirehouse roles. To maximize their financial advisor pay in Goshen, professionals should consider pursuing additional credentials such as the CFP or CFA, which can command higher client trust and fee standards, as well as focus on building a strong personal brand and referral networks within the community.
More salary data for Goshen, IN:
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 $74,207 for financial advisorsin the Goshen 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 Goshen 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