📊 BLS Official Data · May 2025 Release

Personal Financial Advisors Salary in Michigan (2026)

Michigan · 10.0% below national average · High Demand

Average
$141,003
per year
Median
$94,563
per year
Hourly
$67.79
per hour
📅 Dataset: OES May 2025
🔄 Published: May 2026
📍 Coverage: All 50 States + DC
📊
Salary Range & Percentiles
Pay distribution across experience levels
10th Percentile — Entry Level$58,978
25th Percentile — Junior$114,208
50th Percentile — Median$94,563
75th Percentile — Senior$238,474
90th Percentile — Top Earners$295,613
💡 Top-earning Personal Financial Advisorss in Michigan make up to $295,613 per year. The job market in Michigan is rated moderate, with key industries including Automotive, Healthcare, Technology.
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Salary Growth Trend (2021–2026)
Six-year compensation trajectory
$118.7k
2021
$122.9k
2022
$127.2k
2023
$131.6k
2024
$136.2k
2025
$141.0k
2026
📈 Personal Financial Advisors salaries in Michigan have followed the national trend with 3.5% annual growth. The strong demand in Michigan's job market supports continued salary increases.
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Personal Financial Advisors Salary by City in Michigan
Geographic salary comparison
CityAvg Salaryvs NationalDemand
Grand Rapids $128,313 -9.0% High
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Personal Financial Advisors Job Market in Michigan
Key factors affecting compensation

Michigan is home to a moderate job market for Personal Financial Advisorss. The state's key industries — Automotive, Healthcare, Technology — generate significant demand for skilled professionals. At $141,003 per year, Michigan's Personal Financial Advisors salaries are 10.0% lower than the national average.

The cost of living in Michigan (index: 0.9) makes salaries stretch further than in higher-cost states. Entry-level professionals in Michigan can expect to earn $58,978–$114,208, while experienced Personal Financial Advisorss can command $238,474–$295,613.

Looking ahead, the Personal Financial Advisors profession in Michigan is projected to grow at 3.5% annually. Major employers are actively hiring, and the state's investment in Automotive continues to drive new opportunities for qualified candidates.

🏛️ U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
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Compare with Similar Jobs
Related career salary benchmarks
Frequently Asked Questions
Common questions about this salary
  • The average Personal Financial Advisors salary in Michigan is $141,003 per year in 2026, which is 10.0% below the national average of $156,670.
  • Major metro areas typically pay Personal Financial Advisorss the highest wages in Michigan due to higher costs of living and competitive job markets.
  • Michigan has a moderate job market with major industries in Automotive, Healthcare, Technology. Opportunities exist in for Personal Financial Advisors employment.
  • At $141,003/year, Michigan Personal Financial Advisors salaries are 10.0% lower than the national average of $156,670/year.