Financial Advisor Pay

Ann Arbor vs Ferndale: Financial Advisor Salary (2026)

Compare financial advisor salaries between Ann Arbor, MI and Ferndale, MI. All figures are 2026 estimates projected from BLS 2025 data.

Ann Arbor, MI
$99,003
$47.60/hr
Ferndale, MI
$86,365
$41.53/hr

Side-by-Side Comparison

MetricAnn Arbor, MIFerndale, MI
Median Salary$99,003$86,365
Hourly Rate$47.60$41.53
Entry Level (P10)$47,766$50,091
25th Percentile$65,854$62,182
75th Percentile$161,189$110,548
Top Earner (P90)$378,987$133,865
Total Employed3205
Side-by-side bar chart comparing Ann Arbor ($99,003) and Ferndale ($86,365) financial advisor salaries.Ann ArborFerndaleMedian Salary$99,003$86,365Entry Level (P10)$47,766$50,091Top Earner (P90)$378,987$133,865US Median $108,537

Verdict

Ann Arbor, MI offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Ferndale.

The salary gap between Ann Arbor and Ferndale is $12,638 (14.63%). Ann Arbor's median is -8.78% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Ann Arbor spans $331,221,Ferndale spans $83,774. Ann Arbor has a wider pay range, meaning more potential for high earners but also more variation.

Ann Arbor
P10 (Entry)$47,766
P25$65,854
Median$99,003
P75$161,189
P90 (Top)$378,987
Ferndale
P10 (Entry)$50,091
P25$62,182
Median$86,365
P75$110,548
P90 (Top)$133,865

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Ann Arbor ($98,139 effective) pays 5.91% more than Ferndale ($92,666 effective).

Ann Arbor
Nominal: $99,003
CoL Index: 100.88
Adjusted: $98,139
Ferndale
Nominal: $86,365
CoL Index: 93.2
Adjusted: $92,666

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

Which City Is Right for You?

Choose Ann Arbor if…

  • Higher median salary ($99,003/year)
  • Better top-earner potential ($378,987)
  • Larger job market (320 employed)
  • Better purchasing power (CoL-adjusted: $98,139)
  • You prefer the Michigan area and lifestyle

Choose Ferndale if…

  • You prefer the Michigan area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Ann Arbor grew 17.0% from 2019 to 2025, compared to -3.5% growth in Ferndale over the same period.

Ann Arbor, MI

+17.0%

$81,910 (2019) → $95,840 (2025)

Ferndale, MI

+-3.5%

$86,677 (2024) → $83,606 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Ann Arbor or Ferndale?

Ann Arbor has a higher median financial advisor salary at $99,003/year, compared to Ferndale at $86,365/year — a difference of $12,638 (14.63%).

What is the hourly rate difference between Ann Arbor and Ferndale?

Ann Arbor financial advisors earn $47.60/hr while Ferndale hygienists earn $41.53/hr (2026 est.).

Should I relocate from Ann Arbor to Ferndale as a financial advisor?

Consider more than just salary when comparing Ann Arbor and Ferndale. Factor in cost of living (CoL-adjusted: Ann Arbor = $98,139, Ferndale = $92,666), job availability (320 vs 5 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Ann Arbor vs Ferndale?

Entry-level (10th percentile) financial advisors earn $47,766 in Ann Arbor and $50,091 in Ferndale. The Ferndale 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