What Personal Financial Advisors earn in Miami-Dade County, FL
The median pay for Personal Financial Advisors in Miami-Dade County, FL is $125,670 per year, which works out to $60.42 per hour. The figure comes from the Bureau of Labor Statistics wage survey for the Miami-Fort Lauderdale-West Palm Beach, FL metropolitan area, the labor market that Miami-Dade County, FL belongs to. Half of the workers in this occupation earn more than the median and half earn less, which makes it a sturdier yardstick than an average that a few very high earners can pull upward.
The mean wage is $177,500, which is 41.2% above the median, a sign that a group of high earners lifts the average. The survey counts about 8,390 people working in this occupation across the Miami-Fort Lauderdale-West Palm Beach, FL metropolitan area, so the estimate rests on a substantial pool of workers. Miami-Dade County, FL has roughly 2,738,356 residents, according to the population figures used by the rent data.
The salary range, from entry level to top earners
Pay for Personal Financial Advisors in the Miami-Fort Lauderdale-West Palm Beach, FL metropolitan area is not one number. The lowest-paid tenth of workers earn up to $49,670 a year ($23.88 an hour), while the highest-paid tenth earn $427,160 or more ($205.37 an hour). That is a gap of $377,490 between the bottom and the top of the scale. The middle half of workers falls between $74,850 at the 25th percentile and $226,170 at the 75th percentile. A top-tier earner makes 8.6 times what someone at the bottom makes, so experience, certification and employer all matter.
What the hourly rate looks like
Converted to an hourly wage, the median for Personal Financial Advisors in Miami-Dade County, FL is $60.42. A full-time schedule of 40 hours for 52 weeks adds up to $125,670, and the same salary is $10,473 a month before taxes or about $4,833 per biweekly pay period. After taxes the same job pays $46.55 per hour of take-home income, which is the number that actually has to cover rent and groceries.
About this occupation: Personal Financial Advisors
The U.S. Department of Labor's O*NET database describes the work of Personal Financial Advisors this way: "Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients."
Core tasks recorded by O*NET include: "Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives"; "Answer clients' questions about the purposes and details of financial plans and strategies"; "Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan"; "Implement financial planning recommendations, or refer clients to someone who can assist them with plan implementation".
Job outlook for Personal Financial Advisors
The Bureau of Labor Statistics projects national employment in this occupation to grow from 299,400 jobs in 2025 to 303,500 in 2035, a change of +1.4%, slower than the 3.5% projected for all occupations. The projection counts 17,100 openings a year on average, including positions created by growth and positions left by workers who retire or move to another occupation; that equals 5.7% of current employment each year. About 9.7% of the people in this occupation are self-employed, and wage figures cover wage and salary workers only.
Typical entry-level education: bachelor's degree. Typical on-the-job training to reach competency: long-term on-the-job training. BLS lists a national median annual wage of $105,070 for this occupation; the Miami-Dade County, FL median of $125,670 is 19.6% above it.
How pay in Miami-Dade County, FL compares
Compared with the Florida average
Miami-Dade County, FL pays above the state benchmark. The Florida employment-weighted average for Personal Financial Advisors is $106,199; the local median of $125,670 beats it by $19,471, or 18.3%. Within Florida, Miami-Dade County, FL already has the highest median we track for this job.
Compared with the national average
The national employment-weighted average for Personal Financial Advisors is $112,598 across the contiguous United States. At $125,670, Miami-Dade County, FL pays $13,072 more, which is 11.6% above that benchmark. Keep in mind that a higher salary only helps if living costs do not rise faster, which is why the cost sections below matter as much as the headline number.
Where this job ranks in Miami-Dade County, FL
Among the 572 occupations with published wages in Miami-Dade County, FL, Personal Financial Advisors ranks number 40 by median pay, ahead of about 93% of them. The best-paying occupation we track here is Computer and Information Systems Managers at $169,600 a year, which is $43,930 more than the median for Personal Financial Advisors.
From gross pay to take-home pay
A salary of $125,670 does not arrive in full. We model a single filer with wage income only, the standard deduction and tax-year 2025 rules, and we keep the three tax layers apart: federal income tax, FICA (Social Security and Medicare) and state income tax. Together they take $28,842 a year, which leaves $96,828, or $8,069 a month.
Put another way, of every $100 earned, about $23 goes to taxes and $77 reaches the paycheck. The overall effective tax rate is 22.9%.
Federal income tax
After the $15,750 standard deduction, taxable income is $109,920. Federal brackets are marginal, so only the slice of income above each threshold is taxed at the higher rate; the last dollars of this salary fall in the 24% bracket. The resulting federal income tax is $19,228, an effective 15.3% of gross pay, well below the 24% marginal rate because the lower brackets are cheaper.
Social Security and Medicare (FICA)
Payroll taxes are a flat percentage of wages. Social Security takes 6.2% up to a wage base of $176,100, which costs $7,792 on this salary. Medicare takes 1.45%, or $1,822. FICA totals $9,614, which is 7.7% of gross pay.
State income tax in Florida
There is no state income tax on wages in Florida, which means Personal Financial Advisors in Miami-Dade County, FL keep the full $96,828 left after federal and payroll taxes. For scale, a hypothetical flat 5% state tax on this salary would cost about $6,284 a year, so the absence of a state tax is worth roughly $524 a month.
A cross-check with IRS data for Miami-Dade County, FL
IRS Statistics of Income data for Miami-Dade County, FL show an average adjusted gross income of $93,606 per return and an average effective federal income tax rate of 18.1% across all filers. Filers in the $100,000 to under $200,000 bracket, where this salary falls, paid an average of 12.1%, compared with the 15.3% estimated here for a single filer taking the standard deduction. Gaps between the two reflect filing status, dependents, credits and other income, none of which a single-person wage estimate includes.
Cost of living in Miami-Dade County, FL
Take-home pay only means something next to what life costs. We price four basics for one adult in Miami-Dade County, FL: a one-bedroom apartment, food, home energy and gasoline. All of them are converted to annual figures first, then compared with the $96,828 of take-home pay.
Rent
The HUD Fair Market Rent for a one-bedroom apartment in Miami-Dade County, FL is $2,121 a month, or $25,452 a year. A two-bedroom costs $2,564 a month. For Personal Financial Advisors, a one-bedroom absorbs 26.3% of take-home pay and 20.3% of gross pay.
Food
The USDA Thrifty Food Plan (August 2026) puts the cost of a nutritious home-cooked diet for an adult at about $3,436 a year, which is $286 a month or $66.07 a week. That equals 2.7% of gross pay for Personal Financial Advisors in Miami-Dade County, FL. It is a thrifty budget with no restaurant meals, so treat it as a floor.
Energy and gasoline
Using Florida residential prices from the Energy Information Administration and national household averages for consumption, electricity costs about $1,494 a year and other home energy such as natural gas about $1,005, for $2,498 in total. Gasoline in Florida averages $3.08 per gallon; at about 463 gallons a year (11,106 miles at 24 miles per gallon) fuel adds $1,427.
What is left over
Add the four basics together and living costs come to $32,814 a year, 34% of take-home pay. That leaves $64,015 a year, or $5,335 a month, for savings, transportation beyond fuel, health care, debt and everything else. That margin equals 50.9% of gross pay, a comfortable cushion by common budgeting rules.
Local housing and commute data for Miami-Dade County, FL
The budget above covers rent, food, energy and gasoline. Three more local facts shape what a paycheck buys in Miami-Dade County, FL: property taxes, housing prices and the daily commute. The figures below are exact U.S. Census Bureau American Community Survey 2020-2024 5-year estimates for Miami-Dade County, FL, set beside the Florida and national medians.
Property taxes in Miami-Dade County, FL
Homeowners in Miami-Dade County, FL pay a median of $3,744 a year in real estate taxes, 37% above the Florida median of $2,730 and 20% above the U.S. median of $3,119. Against a median home value of $463,000, the median tax bill is 0.81% of that value (the ratio of the two county medians). For a worker paid the local Personal Financial Advisors median of $125,670, a tax bill of that size would equal 3.0% of gross pay, which matters for anyone planning to buy rather than rent.
Rents, home prices and household income in Miami-Dade County, FL
Renters in Miami-Dade County, FL pay a median gross rent of $1,829 a month in the Census survey, 10% above the Florida median of $1,669. HUD's Fair Market Rent for a one-bedroom apartment, which this site uses in the budget, is $2,121 a month; the two measures differ because the Census figure covers units of every size that renters already occupy, while the HUD figure is a one-bedroom benchmark. The median value of an owner-occupied home is $463,000, 29% above the Florida median of $359,000. Median household income is $71,753, 4% below the Florida median of $74,568, so a year of one-bedroom Fair Market Rent equals 35.5% of that income.
Commuting in Miami-Dade County, FL
Workers in Miami-Dade County, FL who travel to a workplace spend an average of 30.9 minutes each way, 10% above the Florida average of 28.0. For someone who commutes five days a week, that is 5.2 hours of round-trip travel every week, a cost the budget does not price. 14.0% of workers in Miami-Dade County, FL work from home, compared with 15.1% nationally, which removes the commute for them.
Can Personal Financial Advisors afford to live in Miami-Dade County, FL?
The 30% rent guideline
A common rule of thumb says rent should stay under 30% of gross income. For a gross salary of $125,670 that ceiling is $3,142 a month. The one-bedroom Fair Market Rent of $2,121 is $1,021 under it, so rent fits the guideline. Put as a wage, covering a one-bedroom at the 30% guideline takes $40.79 an hour; the median for Personal Financial Advisors is $60.42, which is 48% above that mark. Another way to see it: at $46.55 of take-home pay an hour, a one-bedroom takes about 10.5 working hours every week.
Splitting a two-bedroom
Sharing a two-bedroom at $2,564 a month means $1,282 each. Compared with renting a one-bedroom alone, that saves $10,068 a year. With a roommate, the yearly margin after the basics becomes $74,083.
How fast you can save
At $5,335 a month of margin, building a $10,000 emergency fund would take about 2 months. Setting aside half of the margin stretches the same goal to about 4 months. These figures ignore interest, raises and any spending beyond the four basics.
Frequently asked questions about Personal Financial Advisors pay in Miami-Dade County, FL
What is the hourly wage for Personal Financial Advisors in Miami-Dade County, FL?
The median is $60.42 per hour, based on $125,670 a year over 2,080 hours. Hourly pay runs from about $23.88 at the 10th percentile to $205.37 at the 90th percentile.
What is the take-home pay for Personal Financial Advisors in Miami-Dade County, FL?
After federal income tax, FICA, the median salary of $125,670 becomes $96,828 a year. That is $8,069 a month, $3,724 every two weeks or $1,862 a week.
What percentage of pay goes to taxes for Personal Financial Advisors in Miami-Dade County, FL?
Total taxes are $28,842 a year, an effective rate of 22.9%: $19,228 federal income tax, $9,614 FICA and no Florida income tax.
Is pay for Personal Financial Advisors in Miami-Dade County, FL above the Florida average?
Yes. The local median of $125,670 is +18.3% versus the Florida average of $106,199, a difference of $19,471 a year.
Is a one-bedroom rent affordable on the median Personal Financial Advisors salary in Miami-Dade County, FL?
A one-bedroom costs $2,121 a month against take-home pay of $8,069, which is 26.3% of take-home pay. That meets the 30%-of-gross guideline, which allows up to $3,142 a month.
How much is left after rent, food and energy for Personal Financial Advisors in Miami-Dade County, FL?
About $5,335 a month ($64,015 a year) remains after a one-bedroom apartment, food, home energy and gasoline, which together cost $32,814 a year.
What hourly wage covers a one-bedroom in Miami-Dade County, FL at the 30% guideline?
$40.79 an hour for a full-time schedule, calculated as the $25,452 annual rent divided by 0.30 and by 2,080 hours. The median for Personal Financial Advisors is $60.42.
How we calculated these numbers
Wages are May 2025 medians from the Bureau of Labor Statistics Occupational Employment and Wage Statistics survey for the Miami-Fort Lauderdale-West Palm Beach, FL metropolitan area; hourly-only values are annualized at 2,080 hours. Rents are HUD Fair Market Rents, food costs come from the USDA Thrifty Food Plan, and energy prices come from the Energy Information Administration. County-level tax statistics come from the IRS Statistics of Income.
Taxes use tax-year 2025 federal brackets, FICA rates and the Florida rules for a single filer with wage income only. Figures are estimates for planning and comparison, not tax or financial advice, and they exclude local income taxes, benefits, retirement contributions and individual circumstances.