Financial Advisor Pay

Des Moines vs Fort Dodge: Financial Advisor Salary (2026)

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

Des Moines, IA
$97,381
$46.82/hr
Fort Dodge, IA
$87,193
$41.92/hr

Side-by-Side Comparison

MetricDes Moines, IAFort Dodge, IA
Median Salary$97,381$87,193
Hourly Rate$46.82$41.92
Entry Level (P10)$54,584$50,573
25th Percentile$77,041$62,780
75th Percentile$143,009$111,607
Top Earner (P90)$208,604$135,149
Total Employed6404
Side-by-side bar chart comparing Des Moines ($97,381) and Fort Dodge ($87,193) financial advisor salaries.Des MoinesFort DodgeMedian Salary$97,381$87,193Entry Level (P10)$54,584$50,573Top Earner (P90)$208,604$135,149US Median $108,537

Verdict

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

The salary gap between Des Moines and Fort Dodge is $10,188 (11.68%). Des Moines's median is -10.28% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Des Moines spans $154,020,Fort Dodge spans $84,576. Des Moines has a wider pay range, meaning more potential for high earners but also more variation.

Des Moines
P10 (Entry)$54,584
P25$77,041
Median$97,381
P75$143,009
P90 (Top)$208,604
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, Des Moines ($106,194 effective) pays 10.10% more than Fort Dodge ($96,452 effective).

Des Moines
Nominal: $97,381
CoL Index: 91.701
Adjusted: $106,194
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 Des Moines if…

  • Higher median salary ($97,381/year)
  • Better top-earner potential ($208,604)
  • Larger job market (640 employed)
  • Better purchasing power (CoL-adjusted: $106,194)
  • 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 Des Moines grew 29.4% from 2019 to 2025, compared to 15.6% growth in Fort Dodge over the same period.

Des Moines, IA

+29.4%

$72,850 (2019) → $94,270 (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: Des Moines or Fort Dodge?

Des Moines has a higher median financial advisor salary at $97,381/year, compared to Fort Dodge at $87,193/year — a difference of $10,188 (11.68%).

What is the hourly rate difference between Des Moines and Fort Dodge?

Des Moines financial advisors earn $46.82/hr while Fort Dodge hygienists earn $41.92/hr (2026 est.).

Should I relocate from Des Moines to Fort Dodge as a financial advisor?

Consider more than just salary when comparing Des Moines and Fort Dodge. Factor in cost of living (CoL-adjusted: Des Moines = $106,194, Fort Dodge = $96,452), job availability (640 vs 4 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Des Moines vs Fort Dodge?

Entry-level (10th percentile) financial advisors earn $54,584 in Des Moines and $50,573 in Fort Dodge. The Des Moines 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