Financial Advisor · District of Columbia · SOC 13-2052
Financial Advisor Salary in District of Columbia (2026)
BLS Occupational Employment and Wage Statistics, 2024 reference period · BEA Regional Price Parity 2023 vintage · Last synced 2026-05-08.
TL;DR
- Median Financial Advisor salary in District of Columbia: $100,840 nominal, $91,082 real (BEA RPP basis).
- On a real-wage basis, this state sits at #27 of 51; nominal rank is #16.
- Real wage trails nominal by $9,758 after BEA adjustment — the cost-of-living bill, mostly rents.
- P25-P75 spread runs $83,170 to $178,510; P10 floor $65,120, P90 ceiling $224,350.
Wage breakdown — District of Columbia
| Percentile | Nominal (BLS) | Real (BEA RPP-adjusted) |
|---|---|---|
| P10 (entry tier) | $65,120 | $58,819 |
| P25 (lower quartile) | $83,170 | $75,122 |
| P50 (median) | $100,840 | $91,082 |
| P75 (upper quartile) | $178,510 | $161,237 |
| P90 (top tier) | $224,350 | $202,641 |
| Mean | $137,650 | $124,330 |
| Employment | 650 Financial Advisors in District of Columbia | |
Cost of living — BEA Regional Price Parity
| Component | District of Columbia index (US = 100) |
|---|---|
| All-items RPP | 110.7 |
| Goods | 106.5 |
| Services | 109.0 |
| Rents | 168.1 |
District of Columbia is a high-cost state — RPP 110.7 above the national 100 baseline. Most of the cost premium routes through rents (168.1) and services (109.0).
After-tax take-home — District of Columbia (2024 BLS · 2024 tax year, single filer)
Layer-by-layer take-home math at the BLS median
| Layer | Amount | Note |
|---|---|---|
| Gross BLS P50 (Financial Advisor) | $100,840 | nominal median |
| Federal income tax | −$13,432 | 13.3% effective; std deduction $15,750 applied |
| State income tax | −$5,730 | 4–10.75% (graduated) |
| FICA (SS 6.2% + Medicare 1.45%) | −$7,714 | SS capped at $183,600 wage base |
| Take-home (after-tax) | $73,964 | 73.3% of gross |
| Real take-home (RPP-adjusted) | $66,807 | ÷ (110.7 / 100) BEA cost-of-living |
What the District of Columbia state-tax burden means for Financial Advisor take-home
Mid-band state-tax burden at 5.7% effective. Combined with federal and FICA, take-home is $73,964 (73.3% of gross). After the 110.7 RPP, real take-home is $66,807.
Computed from 2026 IRS federal brackets (Rev. Proc. 2025-32), 2026 state DOR brackets, and 2026 FICA rates. Single filer, standard deduction, no other adjustments. See methodology · tax for limitations (married filers, ITM/SALT itemizers, retirement deferrals, HSA, dependent credits, etc.).
National context
Across the United States, BLS reports a national median of $102,140 for Financial Advisors with mean pay of $160,210 and total employment of 270,480. District of Columbia sits at #16 on nominal pay and #27 on real (cost-adjusted) pay among the 51 states and DC. After cost adjustment, District of Columbia falls 11 positions — the cost premium eats into the headline wage.
Frequently asked questions
- How much does a Financial Advisor make in District of Columbia?
- BLS reports a median annual wage of $100,840 for Financial Advisors in District of Columbia as of the latest OES release. That is the 50th-percentile figure — half earn more, half earn less. The 25th-percentile is $83,170 and the 75th-percentile is $178,510.
- What is the real (cost-adjusted) Financial Advisor salary in District of Columbia?
- After BEA RPP adjustment (regional price parity index 110.7 for District of Columbia), the real-wage equivalent is $91,082 — what the $100,840 nominal salary actually buys. Quartiles in real terms: $75,122 to $161,237.
- What does the top of the Financial Advisor pay scale look like in District of Columbia?
- The 90th percentile lands at $224,350. That tier typically reflects senior roles, specialty certifications, high-cost-of-living metros within the state, or union-negotiated rate cards. Below that, the P75 quartile is $178,510.
- Where does District of Columbia rank for Financial Advisor pay?
- On nominal BLS wages alone, District of Columbia ranks among the 51 states and DC by median pay. After the BEA cost-of-living adjustment the ordering changes — high-cost states fall, low-cost states rise. Both rankings are shown in the data table on this page.
- Is District of Columbia a 'real-wage arbitrage' state for Financial Advisors?
- No — District of Columbia's RPP of 110.7 sits above 100, meaning the $100,840 nominal wage compresses to a real-wage equivalent of $91,082. The cost premium goes mostly to rents and services.
- When does this data update?
- BLS OES releases a new May reference set roughly each spring; we re-run the ETL pipeline within two weeks of release. BEA RPP refreshes annually. The last-synced timestamp at the top of this page reflects the most recent build.
- CFP / CFA / ChFC credential premium in District of Columbia?
- BLS does not split by credential. CFP Board surveys and FA Insight industry studies typically show CFP charterholders earning 15-30% above non-CFP advisors at comparable AUM, concentrated in fee-only RIA channels where the credential is functionally required for client trust. CFA charter is rarer in retail wealth management — most relevant for advisors with high-net-worth or institutional book — but adds incremental premium. ChFC, CIMA, and CPWA fall in similar credential premium bands. In District of Columbia, the credential premium is largest at the high-net-worth and ultra-high-net-worth end of the market and smaller in mass-affluent and bank-channel practices.
Sources & methodology
- U.S. Bureau of Labor Statistics — Occupational Employment and Wage Statistics (OES), SOC 13-2052, 2024 reference period.
- U.S. Bureau of Economic Analysis — Regional Price Parities, 2023 vintage (all-items, goods, services, rents).
- Real-wage figures = nominal BLS wage ÷ (state RPP / 100).
- See the methodology page for full computation details and limitations.
Cross-comparison: see how District of Columbia Financial Advisor pay ranks against the other 254 state × occupation pages on the Real Wage Atlas → — four-way ranking by real wage, after-tax take-home, state-tax savings, and cost-of-living arbitrage.