Birmingham vs Dothan: Financial Advisor Salary (2026)
Compare financial advisor salaries between Birmingham, AL and Dothan, AL. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Birmingham, AL | Dothan, AL |
|---|---|---|
| Median Salary | $82,103 | $124,404▲ |
| Hourly Rate | $39.47 | $59.81▲ |
| Entry Level (P10) | $39,936 | $45,111▲ |
| 25th Percentile | $48,809 | $74,304▲ |
| 75th Percentile | $164,051 | $235,018▲ |
| Top Earner (P90) | $349,195 | $440,616▲ |
| Total Employed | 1,190▲ | 50 |
Verdict
Dothan, AL offers better overall compensation for financial advisors, winning 3 out of 4 metrics compared to Birmingham.
The salary gap between Birmingham and Dothan is $42,301 (51.52%). Dothan's median is +14.62% compared to the US national median of $108,537.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Birmingham spans $309,259,Dothan spans $395,505. Dothan 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, Dothan ($148,395 effective) pays 65.64% more than Birmingham ($89,589 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Birmingham if…
- ✓Larger job market (1,190 employed)
- ✓You prefer the Alabama area and lifestyle
Choose Dothan if…
- ✓Higher median salary ($124,404/year)
- ✓Better top-earner potential ($440,616)
- ✓Better purchasing power (CoL-adjusted: $148,395)
- ✓You prefer the Alabama area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, financial advisor salaries in Birmingham grew -15.6% from 2019 to 2025, compared to 6.8% growth in Dothan over the same period.
Birmingham, AL
$94,200 (2019) → $79,480 (2025)
Dothan, AL
$112,790 (2019) → $120,430 (2025)
View Full Salary Data
Birmingham, AL
Dothan, AL
Frequently Asked Questions
Which city pays financial advisors more: Birmingham or Dothan?
What is the hourly rate difference between Birmingham and Dothan?
Should I relocate from Birmingham to Dothan as a financial advisor?
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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