Financial Advisor Pay

Cedar Rapids vs Fort Dodge: Financial Advisor Salary (2026)

Compare financial advisor salaries between Cedar Rapids, IA and Fort Dodge, IA. All figures are 2026 estimates projected from BLS 2025 data.

Cedar Rapids, IA
$96,400
$46.35/hr
Fort Dodge, IA
$87,193
$41.92/hr

Side-by-Side Comparison

MetricCedar Rapids, IAFort Dodge, IA
Median Salary$96,400$87,193
Hourly Rate$46.35$41.92
Entry Level (P10)$53,530$50,573
25th Percentile$72,031$62,780
75th Percentile$155,177$111,607
Top Earner (P90)$317,441$135,149
Total Employed2504
Side-by-side bar chart comparing Cedar Rapids ($96,400) and Fort Dodge ($87,193) financial advisor salaries.Cedar RapidsFort DodgeMedian Salary$96,400$87,193Entry Level (P10)$53,530$50,573Top Earner (P90)$317,441$135,149US Median $108,537

Verdict

Cedar Rapids, IA offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Fort Dodge.

The salary gap between Cedar Rapids and Fort Dodge is $9,207 (10.56%). Cedar Rapids's median is -11.18% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Cedar Rapids spans $263,911,Fort Dodge spans $84,576. Cedar Rapids has a wider pay range, meaning more potential for high earners but also more variation.

Cedar Rapids
P10 (Entry)$53,530
P25$72,031
Median$96,400
P75$155,177
P90 (Top)$317,441
Fort Dodge
P10 (Entry)$50,573
P25$62,780
Median$87,193
P75$111,607
P90 (Top)$135,149

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Cedar Rapids ($108,360 effective) pays 12.35% more than Fort Dodge ($96,452 effective).

Cedar Rapids
Nominal: $96,400
CoL Index: 88.963
Adjusted: $108,360
Fort Dodge
Nominal: $87,193
CoL Index: 90.4
Adjusted: $96,452

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Cedar Rapids if…

  • Higher median salary ($96,400/year)
  • Better top-earner potential ($317,441)
  • Larger job market (250 employed)
  • Better purchasing power (CoL-adjusted: $108,360)
  • You prefer the Iowa area and lifestyle

Choose Fort Dodge if…

  • You prefer the Iowa area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Cedar Rapids grew 146.3% from 2019 to 2025, compared to 15.6% growth in Fort Dodge over the same period.

Cedar Rapids, IA

+146.3%

$37,890 (2019) → $93,320 (2025)

Fort Dodge, IA

+15.6%

$73,023 (2024) → $84,408 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Cedar Rapids or Fort Dodge?

Cedar Rapids has a higher median financial advisor salary at $96,400/year, compared to Fort Dodge at $87,193/year — a difference of $9,207 (10.56%).

What is the hourly rate difference between Cedar Rapids and Fort Dodge?

Cedar Rapids financial advisors earn $46.35/hr while Fort Dodge hygienists earn $41.92/hr (2026 est.).

Should I relocate from Cedar Rapids to Fort Dodge as a financial advisor?

Consider more than just salary when comparing Cedar Rapids and Fort Dodge. Factor in cost of living (CoL-adjusted: Cedar Rapids = $108,360, Fort Dodge = $96,452), job availability (250 vs 4 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Cedar Rapids vs Fort Dodge?

Entry-level (10th percentile) financial advisors earn $53,530 in Cedar Rapids and $50,573 in Fort Dodge. The Cedar Rapids area offers higher starting salaries.
JL

Written by Jordan Lee, CFP

Career Analyst

Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.

Clinically reviewed by Sophia Martinez, CFAData verified by Ethan Wang, ChFC

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.30% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov