How Much Do Academic Advisors Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary academic advisors make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for academic advisors and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of academic advisors are offering as compensation.
Keep reading to learn more about how much academic advisors can expect to make in the United States.
At a Glance: Salary & Jobs for Academic Advisors
According to data from 2023, there were about 363,868 positions for academic advisors in the United States. In terms of salary, the national median salary for academic advisors was reported to be $61,714. Additionally, when examining job demand, employers across the country posted 125,318 job postings related to positions for academic advisors.
How Much Money Do Academic Advisors Make?
Median salary is just one data point. To build a better understanding of how much money academic advisors and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for academic advisors.
Annual Salary for Academic Advisors
According to the BLS, the lowest earners for academic advisors and related professions earned about $40,144 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $100,048 annually.
As mentioned previously, the median salary for academic advisors in the United States in 2023 was $61,714.
Annual Salary Range For Academic Advisors In 2023
Hourly Salary for Academic Advisors
The BLS also breaks down compensation for academic advisors by hourly salary, and the median average hourly pay for academic advisors in 2023 was $30. Lowest hourly earners took home $19 while the highest reported hourly salaries for academic advisors was $48.
Hourly Salary Range For Academic Advisors In 2023
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Advertised Compensation for Academic Advisors
Data from the BLS is one way to dig into compensation for academic advisors, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for academic advisors.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Academic Advisors
Advertised Annual Salary
During a review of 121,633 job postings related to academic advisors, advertised salary was included in 46,876 of them, which was 39%. Based on those postings, the median advertised salary for academic advisors was $51,072 per year.
Hourly Salary from Job Postings for Academic Advisors
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for academic advisors. Based on 37% of postings with advertised compensation, the median hourly salary for open positions for academic advisors in the United States is about $25.
Salary Trend for Academic Advisors
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for academic advisors. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for academic advisors dating back to September 2020, advertised salaries for academic advisors have increased 16%.
Advertised Wage Trend For Academic Advisors
What's the Job Growth for Academic Advisors?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for academic advisors over the next 10 years.
According to the data obtained through Lightcast,™ there were 364,118 jobs for academic advisors in the United States in 2023. By 2033, it is expected that about 34,018 jobs will be added. That's a 9.3% increase over the next 10-year period.
Employment Projections For Academic Advisors
Additional Links
Ready to dig deeper into career information about academic advisors? Visit our other pages focused on salary and education for academic advisors.
What do academic advisors do?
Academic Advisors: How do you become one?
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