Birmingham vs Homewood: Financial Advisor Salary (2026)
Compare financial advisor salaries between Birmingham, AL and Homewood, AL. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Birmingham, AL | Homewood, AL |
|---|---|---|
| Median Salary | $82,103▲ | $77,119 |
| Hourly Rate | $39.47▲ | $37.07 |
| Entry Level (P10) | $39,936 | $44,729▲ |
| 25th Percentile | $48,809 | $55,590▲ |
| 75th Percentile | $164,051▲ | $98,711 |
| Top Earner (P90) | $349,195▲ | $119,534 |
| Total Employed | 1,190▲ | 5 |
Verdict
Birmingham, AL offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Homewood.
The salary gap between Birmingham and Homewood is $4,984 (6.46%). Birmingham's median is -24.35% 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,Homewood spans $74,805. Birmingham has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Birmingham ($89,589 effective) pays 2.11% more than Homewood ($87,735 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Birmingham if…
- ✓Higher median salary ($82,103/year)
- ✓Better top-earner potential ($349,195)
- ✓Larger job market (1,190 employed)
- ✓Better purchasing power (CoL-adjusted: $89,589)
- ✓You prefer the Alabama area and lifestyle
Choose Homewood if…
- ✓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 7.2% growth in Homewood over the same period.
Birmingham, AL
$94,200 (2019) → $79,480 (2025)
Homewood, AL
$69,639 (2024) → $74,655 (2025)
View Full Salary Data
Birmingham, AL
Homewood, AL
Frequently Asked Questions
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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