Financial Advisor Salary in Odessa, TX: Median $69,631 in 2026
Odessa (TX) · COL index 89 · Unemployment 4.2% · Metro pop 162,000 · Rank #207 of 283 for Financial Advisor salary
A Financial Advisor in Odessa earns an estimated median of $69,631 per year. That figure starts from the Texas state-level BLS Occupational Employment and Wage Statistics median[1]($76,000) and scales it by Odessa's composite cost-of-living index of 89 (US = 100). The 10th percentile comes in around $38,664; the 90th percentile reaches $121,773. After federal, Texas state (no state income tax), and FICA taxes, a single-filer Financial Advisor takes home approximately $57,537/year — about $4,795/month or $2,213 every other week.
Compared to the national Financial Advisor median of $99,580, Odessa pays -30.1%. Relative to the Odessa median household income of $72,800, a Financial Advisorsalary runs -4.4%. Local unemployment is 4.2%[3], with an estimated 24 annual Financial Advisor openings inferred from metro population share and national employment (330,300).
Financial Advisor Snapshot — Odessa (2026)
Every row cites a primary public dataset. Rent + home values use Zillow where the metro is in the ZHVI/ZORI coverage set; otherwise ACS + census tract fallbacks.
| Metric | Odessa | National | Source |
|---|---|---|---|
| Financial Advisor median salary | $69,631 | $99,580 | [1] |
| 10th percentile | $38,664 | $60,110 | [1] |
| 90th percentile | $121,773 | $239,200 | [1] |
| Annual take-home (single filer) | $57,537 | — | [8][10] |
| Median home value (ZHVI) | $253,365 | — | [5] |
| Median rent (ZORI) | $1,609/mo | — | [5] |
| HUD Fair Market Rent (2BR) | $1,475/mo | — | [6] |
| Median household income (ACS) | $71,031 | — | [7] |
| Cost-of-living index | 89.0 | 100.0 | [4] |
| Unemployment rate | 4.2% | — | [3] |
How Financial Advisor Salaries Work in Odessa
City-level wages aren't published directly by BLS for most SOC codes. We build them by anchoring to the Texas state-level OEWS median ($76,000) and scaling by Odessa's composite cost-of-living index (89)[1][4]. That index combines Census ACS rent, Zillow ZHVI, BLS CPI, and AdvisorSmith / ApartmentAdvisor inputs to produce one number per metro. When BLS publishes a separate metro-level wage (MSA-level OEWS), that takes priority — a handful of large metros including New York, LA, Chicago, and DC have this coverage.
On top of the gross wage, the standard US payroll stack applies: federal income tax using 2025 IRS brackets and the $15,000 single standard deduction[8], FICA (Social Security 6.2% up to $176,100 wage base + Medicare 1.45%)[9], and no Texas state income tax — a meaningful wedge worth $3,482–$4,874 per year vs average-tax states[10].
Odessa also sits inside a larger metro labor market where commute patterns, remote-work policies, and adjacent-metro wages compete. Near-national unemployment means a balanced market — employers and candidates negotiate from roughly equal positions. Median household income in the metro is $71,031, which frames what "a good Financial Advisor salary" means locally: a $$69,631 wage pays about 98% of the median household income on a single earner.
The deterministic identity: take_home = gross − federal − state − FICA − pre_tax. All math runs client-side; nothing is sent to our servers.
Cost of Living Breakdown — Odessa
Estimated annual expense shares on a $57,537 take-home, using BLS Consumer Expenditure Survey baseline shares scaled to Odessa's COL index of 89. Housing uses the actual median rent.
BLS Consumer Expenditure Survey shares[1], scaled by Odessa's COL index of 89[4]. Housing uses actual median rent of $1,100/month.
Salary vs Housing Affordability in Odessa
Renting
Buying
At $4,795/mo take-home, the 30% rent rule caps housing at $1,439/mo. Odessa's typical 1–2BR rent runs $1,609/mo[5] (HUD 2BR FMR: $1,475/mo), making rent very affordable on a median Financial Advisor salary. For homebuyers, the 3.5× price-to-income ratio is comfortable — a median {p.title} salary supports the median home in {city.name} well inside standard lender DTI caps.
How Odessa Stacks Up for Financial Advisors
Against 283 major US cities: Odessa ranks #207 for nominal Financial Advisor salary, #135 for rent affordability, and #80 for overall purchasing power. High cost of living absorbs much of Odessa's nominal wage premium. Financial Advisors here often trade pay for lifestyle, proximity to employers, or family roots — consider nearby metros on a salary-to-COL basis.
Nearby Cities — Financial Advisor Salary Comparison
Odessa's closest metros, scaled by each city's cost-of-living index. Useful for relocation decisions where commute or remote-work policies allow a neighboring metro trade-off.
| City | Est. salary | COL | Rent | vs TX |
|---|---|---|---|---|
| Odessa, TX ★ | $69,631 | 89 | $1,100 | — |
| Houston, TX | $100,576 | 101 | $1,262 | +44.4% |
| Dallas, TX | $104,559 | 105 | $1,275 | +50.2% |
| San Antonio, TX | $91,614 | 92 | $899 | +31.6% |
| Austin, TX | $120,492 | 121 | $1,300 | +73.0% |
| Fort Worth, TX | $98,584 | 99 | $1,354 | +41.6% |
Financial Advisor Job Market in Odessa
Odessa has an estimated 24 annual Financial Advisoropenings, extrapolated from the metro's share of 330,300 national Financial Advisors[1]. The 4.2% unemployment rate[3] is near the national average, with steady turnover across most sectors.
About the profession: Personal financial advisors help clients manage their finances, plan for retirement, and invest wisely. Commission-based advisors can earn significantly more than the median. Typical entry requirement: bachelor's degree. This is one of the fastest-growing US occupations — 17% projected through 2034[2].
Career Progression & Related Professions in Odessa
Early-career Financial Advisors in Odessa start around $38,664, reach the city median ($69,631) after 4–8 years, and hit 90th-percentile territory ($121,773) at senior / specialized levels.
Related finance professions in Odessa
Calculators for Financial Advisors in Odessa
Other professions in Odessa
Frequently Asked Questions — Financial Advisor in Odessa
How much does a Financial Advisor make in Odessa, TX?
The estimated median salary for a Financial Advisor in Odessa is $69,631/year, scaled from the BLS OEWS Texas state median ($76,000) by Odessa's composite cost-of-living index of 89 (US = 100). After federal, Texas state, and FICA taxes, take-home is approximately $57,537/year or $4,795/month.
Can a Financial Advisor afford to live in Odessa?
On $4,795/month take-home, the 30% rent rule affords $1,439/month. Odessa's Zillow ZORI median rent is $1,609/mo, HUD's 2BR Fair Market Rent is $1,475/mo. The rent-to-income ratio works out to 19.0%, making housing very affordable for a Financial Advisor at the local median. Home-buyers face 3.5× price-to-income, needing roughly 3.5 years to save a 20% down payment at a 20% savings rate.
How much tax does a Financial Advisor pay in Odessa?
On $69,631 gross, a Financial Advisor in Odessa pays approximately $6,767 in federal income tax (9.7% effective), $0 in state income tax (Texas has no state individual income tax), and $5,327 in FICA (Social Security + Medicare). Total effective rate: 17.4%. Some Texas cities levy local income taxes in addition; check your municipal DoR before filing.
How does Odessa rank for Financial Advisor salaries vs other cities?
Odessa ranks #207 out of 283 tracked metros for nominal Financial Advisor salary, #135 for rent affordability (rent-to-income), and #80 for purchasing power (salary ÷ COL). The high-purchasing-power cities tend to be mid-size metros with strong local employers and moderate housing costs; the low-ranked cities trade high nominal pay for steep rents.
What is the cost-of-living breakdown for a Financial Advisor in Odessa?
On $57,537 take-home, a reasonable baseline budget for Odessa looks like: housing $13,200/yr (22.9%); food $6,449/yr; transportation $5,501/yr; healthcare $3,895/yr; utilities $2,719/yr; savings + discretionary $25,773/yr. Numbers use BLS Consumer Expenditure Survey shares scaled to Odessa's COL index of 89 and the city's actual median rent.
What's the Financial Advisor job market like in Odessa?
Odessa's unemployment rate is 4.2% across the metro of 162,000. Estimated annual Financial Advisor openings: ~24 (extrapolated from 330,300 nationally employed and the metro's population share). The market is near national averages with steady turnover.
Do Odessa employers pay above or below the Texas median for Financial Advisors?
Not consistently — Odessa's estimated Financial Advisor median of $69,631 is 30.1% below the national median. The trade-off is usually lower rents and (in some cases) lower state taxes, which can leave real purchasing power competitive.
Methodology — How we compute this page
Wage estimate. The Odessa median is derived from the Texas state-level BLS OEWS median ($76,000), scaled by Odessa's composite cost-of-living index of 89. When BLS publishes a direct MSA-level wage for the occupation, that takes priority over the scaled state median. Percentile bands inherit the same scale factor.
Housing + rent. Median home value uses Zillow ZHVI; median rent prefers Zillow ZORI and falls back to Census ACS median gross rent. HUD Fair Market Rents (50th-percentile 2BR) are shown where HUD publishes the metro. Price-to-income and rent-to-income ratios use the estimated Financial Advisormedian (not the city's overall median household income) — to reflect the specific role-vs-city affordability picture.
Tax math. Federal tax uses 2025 IRS brackets and the $15,000 single standard deduction. FICA is Social Security 6.2% up to the $176,100 wage base + Medicare 1.45% (+ 0.9% Additional Medicare above $200,000). State tax uses Texas's 2026 brackets from the state DoR (mirrored via Tax Foundation where the DoR's publication is paywalled or split). Local income taxes (e.g. NYC, Portland-OR supplemental, OH municipal) are NOT included — check your municipal authority for specifics.
Cost of living. The 89index is the composite used by CalcFi's /data/cities.ts, which merges Census ACS, BLS CPI shelter, Zillow ZORI, and commercial COL estimators. The COL-adjusted salary on this page assumes the statewide RPP = 97.1(BEA) approximates the state's purchasing power; cities are then scaled relative to that.
Refresh cadence. BLS OEWS releases annually (typically March); BEA RPP releases annually in December; IRS brackets adjust in October; Zillow ZHVI/ZORI updates monthly; HUD FMR publishes annually in August for the upcoming fiscal year. The dateModified shown above auto-bumps to the most recent retrievedAt on any sourced value the page consumes.
Known limits. Metro-level OEWS coverage is partial — only ~50 large MSAs have separately published occupation wages; the rest inherit state-level estimates scaled by COL. Rent and home data may trail the real-time market by 1–3 months (Zillow) or 8–12 months (ACS). Rankings are capped to the city set in our dataset (283 metros), not every incorporated US city.
Sources
Every number on this page cites a primary public dataset. Last reviewed (auto-bumped on the next ISR refresh after an ETL run).
- BLS Occupational Employment and Wage Statistics (OEWS) — state-level occupational wages — www.bls.gov/oes. Retrieved 2026-04-19.
- BLS Employment Projections — 2024–34 occupational growth rates — www.bls.gov/emp. Retrieved 2026-04-19.
- BLS Local Area Unemployment Statistics — metro-level unemployment rate — www.bls.gov/lau. Retrieved 2026-04-19.
- Bureau of Economic Analysis — Regional Price Parities (state + metro) — www.bea.gov/data/prices-inflation/regional-price-parities-state-and-metro-area. Retrieved 2026-04-19.
- Zillow Research — ZHVI (home value index) + ZORI (observed rent index) — www.zillow.com/research/data. Retrieved 2026-04-19.
- HUD Fair Market Rents — 50th-percentile 2-bedroom FY — www.huduser.gov/portal/datasets/fmr.html. Retrieved 2026-04-19.
- U.S. Census Bureau — American Community Survey (ACS) 5-year estimates, metro level — www.census.gov/programs-surveys/acs. Retrieved 2026-04-19.
- Internal Revenue Service — Federal individual income tax brackets and standard deductions — www.irs.gov/forms-pubs/about-publication-17. Retrieved 2026-04-19.
- Social Security Administration — OASDI / Medicare contribution and wage-base rules — www.ssa.gov. Retrieved 2026-04-19.
- Texas Department of Revenue — 2026 individual income tax brackets (accessed via Tax Foundation mirror) — taxfoundation.org/data/all/state/state-income-tax-rates. Retrieved 2026-04-19.
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