Financial Advisor Pay

Ankeny vs Davenport: Financial Advisor Salary (2026)

Compare financial advisor salaries between Ankeny, IA and Davenport, IA. All figures are 2026 estimates projected from BLS 2025 data.

Ankeny, IA
$92,313
$44.38/hr
Davenport, IA
$128,650
$61.85/hr

Side-by-Side Comparison

MetricAnkeny, IADavenport, IA
Median Salary$92,313$128,650
Hourly Rate$44.38$61.85
Entry Level (P10)$53,541$63,808
25th Percentile$66,465$75,264
75th Percentile$118,161$224,378
Top Earner (P90)$143,085$491,264
Total Employed16180
Side-by-side bar chart comparing Ankeny ($92,313) and Davenport ($128,650) financial advisor salaries.AnkenyDavenportMedian Salary$92,313$128,650Entry Level (P10)$53,541$63,808Top Earner (P90)$143,085$491,264US Median $108,537

Verdict

Davenport, IA offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Ankeny.

The salary gap between Ankeny and Davenport is $36,337 (39.36%). Davenport's median is +18.53% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Ankeny spans $89,544,Davenport spans $427,456. Davenport has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Ankeny
P10 (Entry)$53,541
P25$66,465
Median$92,313
P75$118,161
P90 (Top)$143,085
Davenport
P10 (Entry)$63,808
P25$75,264
Median$128,650
P75$224,378
P90 (Top)$491,264

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Davenport ($144,422 effective) pays 41.43% more than Ankeny ($102,116 effective).

Ankeny
Nominal: $92,313
CoL Index: 90.4
Adjusted: $102,116
Davenport
Nominal: $128,650
CoL Index: 89.079
Adjusted: $144,422

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

Which City Is Right for You?

Choose Ankeny if…

  • You prefer the Iowa area and lifestyle

Choose Davenport if…

  • Higher median salary ($128,650/year)
  • Better top-earner potential ($491,264)
  • Larger job market (180 employed)
  • Better purchasing power (CoL-adjusted: $144,422)
  • You prefer the Iowa area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Ankeny grew 15.6% from 2024 to 2025, compared to 57.8% growth in Davenport over the same period.

Ankeny, IA

+15.6%

$77,311 (2024) → $89,364 (2025)

Davenport, IA

+57.8%

$78,940 (2019) → $124,540 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Ankeny or Davenport?

Davenport has a higher median financial advisor salary at $128,650/year, compared to Ankeny at $92,313/year — a difference of $36,337 (39.36%).

What is the hourly rate difference between Ankeny and Davenport?

Ankeny financial advisors earn $44.38/hr while Davenport hygienists earn $61.85/hr (2026 est.).

Should I relocate from Ankeny to Davenport as a financial advisor?

Consider more than just salary when comparing Ankeny and Davenport. Factor in cost of living (CoL-adjusted: Ankeny = $102,116, Davenport = $144,422), job availability (16 vs 180 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Ankeny vs Davenport?

Entry-level (10th percentile) financial advisors earn $53,541 in Ankeny and $63,808 in Davenport. The Davenport 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