Financial Advisor Salary in Washington, DC
Financial Advisors in Washington, DC earn a median of $109,000/year, ranging from $83,930 (25th percentile) to $174,400 (90th percentile). After District of Columbia state taxes (6.5%) and cost-of-living adjustments (COL index 152), this is equivalent to $71,711 in purchasing power vs the US average.
1Salary Distribution in Washington, DC
2Estimated Take-Home & Purchasing Power
* Estimates only. Does not include federal income tax, 401k, health insurance, or local taxes. Use the Salary Calculator for a detailed breakdown.
How Does Washington, DC Compare?
| City | Median | COL Index | COL-Adjusted |
|---|---|---|---|
| Washington, DC (current) | $109,000 | 152 | $71,711 |
| San Francisco, CA | $126,000 | 186 | $67,742 |
| New York, NY | $121,000 | 187 | $64,706 |
| Seattle, WA | $122,000 | 162 | $75,309 |
| Boston, MA | $112,000 | 162 | $69,136 |
| Austin, TX | $101,000 | 124 | $81,452 |
4Frequently Asked Questions
What is the average Financial Advisor salary in Washington, DC?
The median Financial Advisor salary in Washington, DC is $109,000 per year as of 2026 BLS OEWS data. The 25th percentile is $83,930 and the 90th percentile is $174,400.
Is Washington, DC a good place to work as a Financial Advisor?
Washington, DC has a cost of living index of 152 (US average = 100). After adjusting for cost of living, a $109,000 Financial Advisor salary in Washington, DC is equivalent to $71,711 in purchasing power compared to the US average.
What is the cost of living adjustment for Washington, DC?
Washington, DC has a cost of living index of 152, meaning it is 52% more expensive than the US average. The state income tax rate in District of Columbia is approximately 6.5%.
What is the Financial Advisor salary range in Washington, DC?
In Washington, DC, Financial Advisors earn between $83,930 (25th percentile) and $174,400 (90th percentile), with a median of $109,000 per year.
How many Financial Advisor jobs are there in Washington, DC?
According to BLS OEWS data, there are approximately 36,000 Financial Advisor positions in the Washington, DC metropolitan area.
What do Financial Advisors earn in Washington, DC?
Based on BLS OEWS 2026 data, Financial Advisors in Washington, DC earn a median annual wage of $109,000. The middle 50% earn between $83,930 and $139,520. The top 10% earn more than $174,400. There are approximately 36,000 Financial Advisors employed in the Washington, DC metro area, with annual job growth estimated at 3.4%.
Is Washington, DC a good place for a Financial Advisor?
Washington, DC has a cost of living index of 152 (US average = 100), making it 52% more expensive than the national average. After adjusting for cost of living, a Financial Advisor in Washington, DC earning $109,000has the equivalent purchasing power of $71,711 relative to the US median. District of Columbia has a state income tax rate of approximately 6.5%.
What is the cost of living adjustment for Washington, DC?
Washington, DC's cost of living index is 152, based on composite data including housing, food, transportation, healthcare, and utilities. This means that $109,000 in Washington, DChas the same purchasing power as $71,711 in a city at exactly the US average cost of living. Housing is typically the largest driver of cost of living differences between metros.
Compare Washington, DC with Another City
See a detailed side-by-side comparison of salary, taxes, and purchasing power.
Data source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS) Program. All figures are approximate annual estimates based on the most recent available BLS data. Actual salaries may vary based on experience, education, employer size, and specific role. Cost-of-living data represents composite indices from publicly available metropolitan area data.