Financial Advisor Pay

Akron vs Cleveland: Financial Advisor Salary (2026)

Compare financial advisor salaries between Akron, OH and Cleveland, OH. All figures are 2026 estimates projected from BLS 2025 data.

Akron, OH
$99,736
$47.95/hr
Cleveland, OH
$83,807
$40.30/hr

Side-by-Side Comparison

MetricAkron, OHCleveland, OH
Median Salary$99,736$83,807
Hourly Rate$47.95$40.30
Entry Level (P10)$54,625$49,253
25th Percentile$66,825$62,724
75th Percentile$180,672$164,495
Top Earner (P90)$256,979$231,144
Total Employed3901,640
Side-by-side bar chart comparing Akron ($99,736) and Cleveland ($83,807) financial advisor salaries.AkronClevelandMedian Salary$99,736$83,807Entry Level (P10)$54,625$49,253Top Earner (P90)$256,979$231,144US Median $108,537

Verdict

Akron, OH offers better overall compensation for financial advisors, winning 3 out of 4 metrics compared to Cleveland.

The salary gap between Akron and Cleveland is $15,929 (19.01%). Akron's median is -8.11% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Akron spans $202,354,Cleveland spans $181,891. Akron has a wider pay range, meaning more potential for high earners but also more variation.

Akron
P10 (Entry)$54,625
P25$66,825
Median$99,736
P75$180,672
P90 (Top)$256,979
Cleveland
P10 (Entry)$49,253
P25$62,724
Median$83,807
P75$164,495
P90 (Top)$231,144

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Akron ($106,818 effective) pays 19.71% more than Cleveland ($89,229 effective).

Akron
Nominal: $99,736
CoL Index: 93.37
Adjusted: $106,818
Cleveland
Nominal: $83,807
CoL Index: 93.923
Adjusted: $89,229

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

Which City Is Right for You?

Choose Akron if…

  • Higher median salary ($99,736/year)
  • Better top-earner potential ($256,979)
  • Better purchasing power (CoL-adjusted: $106,818)
  • You prefer the Ohio area and lifestyle

Choose Cleveland if…

  • Larger job market (1,640 employed)
  • You prefer the Ohio area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Akron grew 2.5% from 2019 to 2025, compared to 32.0% growth in Cleveland over the same period.

Akron, OH

+2.5%

$94,170 (2019) → $96,550 (2025)

Cleveland, OH

+32.0%

$61,480 (2019) → $81,130 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Akron or Cleveland?

Akron has a higher median financial advisor salary at $99,736/year, compared to Cleveland at $83,807/year — a difference of $15,929 (19.01%).

What is the hourly rate difference between Akron and Cleveland?

Akron financial advisors earn $47.95/hr while Cleveland hygienists earn $40.30/hr (2026 est.).

Should I relocate from Akron to Cleveland as a financial advisor?

Consider more than just salary when comparing Akron and Cleveland. Factor in cost of living (CoL-adjusted: Akron = $106,818, Cleveland = $89,229), job availability (390 vs 1,640 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Akron vs Cleveland?

Entry-level (10th percentile) financial advisors earn $54,625 in Akron and $49,253 in Cleveland. The Akron area offers higher starting salaries.

Related Comparisons

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