Personal Financial Advisors Salary in Ann Arbor, MI
The median pay for a personal financial advisors in Ann Arbor, MI is $102,520/year ($49.29/hour), per BLS data. Entry-level positions start around $48K. BLS does not publish top-end wages for this occupation because they exceed the reportable ceiling. Note: the mean (average) wage is $159K, significantly higher than the median. This typically reflects a mix of employment settings including academic and private practice positions. Adjusted for local prices (RPP 100.88), that's roughly $101,626 in purchasing power. Rent on a 2-bedroom averages $1,656/month, or 25.6% of estimated take-home pay.
So what does $103K get you in Ann Arbor?
Groceries, utilities, transportation, and healthcare scaled from national averages by Ann Arbor’s Regional Price Parity (100.88). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About personal financial advisors
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Compensation breakdown
Annual earnings by percentile, Ann Arbor, MI
Entry-level personal financial advisors (10th percentile) start around $48K. Mid-career wages sit at $103K. Top earners bring in N/A or more.
Personal Financial Advisors pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New York | $168K | +64% | 28,820 |
| Idaho | $136K | +34% | 930 |
| California | $129K | +26% | 34,070 |
| Delaware | $128K | +25% | 600 |
| New Jersey | $124K | +21% | 6,830 |
| South Dakota | $123K | +21% | 500 |
| Maryland | $123K | +20% | 5,560 |
| Wisconsin | $116K | +13% | 5,240 |
| Washington | $112K | +10% | 6,510 |
| Connecticut | $107K | +5% | 3,990 |
| Illinois | $104K | +2% | 10,410 |
| Pennsylvania | $103K | +1% | 12,370 |
| Indiana | $102K | -0% | 5,370 |
| Massachusetts | $101K | -1% | 7,410 |
| Rhode Island | $101K | -1% | 1,290 |
| District of Columbia | $101K | -1% | 650 |
| Kansas | $101K | -1% | 3,130 |
| Virginia | $100K | -2% | 5,560 |
| North Dakota | $99K | -3% | 480 |
| South Carolina | $99K | -3% | 2,070 |
| Michigan | $99K | -3% | 6,030 |
| Georgia | $98K | -4% | 7,540 |
| Montana | $97K | -5% | 480 |
| Minnesota | $94K | -8% | 6,360 |
| Tennessee | $89K | -12% | 4,350 |
| Florida | $88K | -14% | 21,230 |
| Arizona | $85K | -17% | 7,190 |
| Missouri | $84K | -18% | 4,860 |
| New Hampshire | $83K | -19% | 1,710 |
| Texas | $82K | -20% | 17,570 |
| Ohio | $82K | -20% | 10,210 |
| Nevada | $82K | -20% | 1,430 |
| Iowa | $82K | -20% | 2,400 |
| Vermont | $81K | -20% | 480 |
| Oregon | $80K | -21% | 2,120 |
| Alabama | $80K | -22% | 2,320 |
| Kentucky | $79K | -23% | 1,870 |
| Louisiana | $78K | -23% | 1,280 |
| West Virginia | $78K | -24% | 730 |
| New Mexico | $78K | -24% | 570 |
| Hawaii | $76K | -26% | 610 |
| Arkansas | $75K | -26% | 1,250 |
| Nebraska | $74K | -28% | 1,670 |
| Oklahoma | $73K | -29% | 1,340 |
| Utah | $67K | -34% | 2,620 |
| Mississippi | $65K | -36% | 870 |
Showing 1–10 of 46 states
BLS does not publish data for every state when sample sizes are too small
Track personal financial advisors salary changes
BLS updates this data quarterly. We'll email you when Ann Arbor numbers change.
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Frequently asked questions
How much do personal financial advisors make in Ann Arbor, MI?
The median is $102,520 a year, that works out to about $49 an hour. But the range is wide: entry-level workers start around $48,260, and experienced personal financial advisors can clear N/A. The mean (average) is $158,740, reflecting that some workers earn substantially more. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $103K enough to live in Ann Arbor?
On that salary, you'd take home roughly $6,346/month after taxes. A 2-bedroom here rents for about $1,656/month, which eats 26.1% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a personal financial advisors salary go in Ann Arbor?
Ann Arbor has a Regional Price Parity of 100.88 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median personal financial advisors salary is worth about $101,626 in national-average purchasing power.
Where do personal financial advisors get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.