Personal Financial Advisors Salary
The median pay for a personal financial advisors in Mid Michigan nonmetropolitan area is $61,680/year ($29.65/hour), per BLS data. The range runs from $44K at the entry level to $204K for experienced workers. Note: the mean (average) wage is $93K, significantly higher than the median. This typically reflects a mix of employment settings including academic and private practice positions.
Where the paycheck goes
What $62K actually covers in Mid Michigan nonmetropolitan area, month by month
About personal financial advisors
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Compensation breakdown
Annual earnings by percentile, Mid Michigan nonmetropolitan area
Entry-level personal financial advisors (10th percentile) start around $44K. Mid-career wages sit at $62K. Top earners bring in $204K or more, a $159K spread from bottom to top.
Personal Financial Advisors pay across states
Median income ranked highest to lowest, compared to the national figure
View Personal Financial Advisors salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New York | $166K | +58% | 21,550 |
| New Jersey | $159K | +51% | 9,300 |
| California | $130K | +24% | 32,200 |
| Connecticut | $130K | +23% | N/A |
| South Dakota | $129K | +23% | 620 |
| Massachusetts | $126K | +20% | N/A |
| Delaware | $125K | +19% | N/A |
| Oregon | $123K | +17% | 3,070 |
| Illinois | $120K | +14% | 9,760 |
| Wisconsin | $119K | +14% | 5,200 |
| Washington | $114K | +9% | 5,790 |
| Vermont | $110K | +5% | 520 |
| Pennsylvania | $105K | +0% | 12,200 |
| District of Columbia | $105K | -0% | 480 |
| Minnesota | $103K | -2% | 5,280 |
| Virginia | $103K | -2% | 6,340 |
| Kansas | $103K | -2% | 4,150 |
| Georgia | $101K | -3% | 6,830 |
| Florida | $101K | -4% | 21,490 |
| Missouri | $100K | -5% | 4,480 |
| Maryland | $100K | -5% | 5,260 |
| Texas | $99K | -6% | 18,200 |
| Montana | $97K | -7% | N/A |
| Arizona | $97K | -8% | 6,430 |
| North Carolina | $97K | -8% | 12,340 |
| New Hampshire | $97K | -8% | 1,850 |
| South Carolina | $96K | -8% | 2,400 |
| Idaho | $94K | -10% | 760 |
| New Mexico | $94K | -10% | 610 |
| Nebraska | $93K | -11% | 2,210 |
| Nevada | $93K | -12% | 1,730 |
| Iowa | $92K | -12% | 1,920 |
| Ohio | $91K | -13% | 7,680 |
| Colorado | $89K | -15% | 6,730 |
| Indiana | $88K | -17% | 5,400 |
| Tennessee | $84K | -20% | 3,970 |
| Rhode Island | $80K | -24% | 1,130 |
| West Virginia | $80K | -24% | 670 |
| Arkansas | $79K | -24% | 1,320 |
| Alaska | $79K | -25% | N/A |
| Alabama | $78K | -26% | 2,540 |
| Michigan | $78K | -26% | 6,570 |
| Wyoming | $77K | -26% | 310 |
| Utah | $77K | -26% | 2,520 |
| North Dakota | $77K | -27% | 540 |
| Hawaii | $76K | -28% | 550 |
| Oklahoma | $69K | -35% | 1,140 |
| Kentucky | $67K | -36% | 2,040 |
| Mississippi | $63K | -40% | 790 |
Showing 1–10 of 49 states with published data
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 Mid Michigan nonmetropolitan area numbers change.
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Quick answers
The stuff people actually ask about this job
Can a personal financial advisor afford a 2BR apartment alone in Mid Michigan nonmetropolitan area?
It’s a stretch — at the median salary of $62K, rent takes 76.1% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $3,105/month. The 30% guideline puts the comfortable ceiling at roughly $1,200/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for personal financial advisors in Mid Michigan nonmetropolitan area?
The 10th-percentile wage — what new personal financial advisors typically earn — is $44K/year. Take-home on that works out to about $2,978/month.
Is personal financial advisor a high-paying job in Mid Michigan nonmetropolitan area?
Local pay runs 41% below the national median — $62K here vs. $105K nationally.
How does Mid Michigan nonmetropolitan area compare to the national average for personal financial advisors?
Mid Michigan nonmetropolitan area pays $62K median vs. the U.S. average of $105K — that’s -41%.
How much do personal financial advisors make in Mid Michigan nonmetropolitan area?
The median is $61,680 a year, that works out to about $30 an hour. But the range is wide: entry-level workers start around $44,280, and experienced personal financial advisors can clear $203,640. The mean (average) is $92,630, reflecting that some workers earn substantially more. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $62K enough to live in Mid Michigan nonmetropolitan area?
On that salary, you'd take home roughly $4,082/month after taxes. A 2-bedroom here rents for about $3,105/month, which eats 76.1% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a personal financial advisors salary go in Mid Michigan nonmetropolitan area?
Mid Michigan nonmetropolitan area has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median personal financial advisors salary is worth about $61,680 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.