Detroit vs Jackson: Financial Advisor Salary (2026)
Compare financial advisor salaries between Detroit, MI and Jackson, MI. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Detroit, MI | Jackson, MI |
|---|---|---|
| Median Salary | $79,365 | $115,686▲ |
| Hourly Rate | $38.16 | $55.62▲ |
| Entry Level (P10) | $47,032▲ | $46,237 |
| 25th Percentile | $51,206 | $64,191▲ |
| 75th Percentile | $144,610 | $174,453▲ |
| Top Earner (P90) | $320,240 | $361,953▲ |
| Total Employed | 3,430▲ | 40 |
Verdict
Jackson, MI offers better overall compensation for financial advisors, winning 3 out of 4 metrics compared to Detroit.
The salary gap between Detroit and Jackson is $36,321 (45.76%). Jackson's median is +6.59% compared to the US national median of $108,537.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Detroit spans $273,208,Jackson spans $315,716. Jackson has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Jackson ($126,048 effective) pays 59.29% more than Detroit ($79,129 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Detroit if…
- ✓Larger job market (3,430 employed)
- ✓You prefer the Michigan area and lifestyle
Choose Jackson if…
- ✓Higher median salary ($115,686/year)
- ✓Better top-earner potential ($361,953)
- ✓Better purchasing power (CoL-adjusted: $126,048)
- ✓You prefer the Michigan area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, financial advisor salaries in Detroit grew 1.4% from 2019 to 2025, compared to 16.5% growth in Jackson over the same period.
Detroit, MI
$75,780 (2019) → $76,830 (2025)
Jackson, MI
$96,100 (2019) → $111,990 (2025)
View Full Salary Data
Detroit, MI
Jackson, MI
Frequently Asked Questions
Which city pays financial advisors more: Detroit or Jackson?
What is the hourly rate difference between Detroit and Jackson?
Should I relocate from Detroit to Jackson as a financial advisor?
What do entry-level financial advisors earn in Detroit vs Jackson?
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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.
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