Bloomington vs Rochester: Financial Advisor Salary (2026)
Compare financial advisor salaries between Bloomington, MN and Rochester, MN. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Bloomington, MN | Rochester, MN |
|---|---|---|
| Median Salary | $104,930▲ | $98,424 |
| Hourly Rate | $50.45▲ | $47.32 |
| Entry Level (P10) | $60,859▲ | $46,878 |
| 25th Percentile | $75,549▲ | $63,963 |
| 75th Percentile | $134,311 | $209,472▲ |
| Top Earner (P90) | $162,642 | $305,489▲ |
| Total Employed | 18 | 110▲ |
Verdict
Bloomington and Rochester are closely matched on overall financial advisor compensation, each winning on different metrics.
The salary gap between Bloomington and Rochester is $6,506 (6.61%). Bloomington's median is -3.32% compared to the US national median of $108,537.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Bloomington spans $101,783,Rochester spans $258,611. Rochester 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, Rochester ($108,371 effective) pays 1.73% more than Bloomington ($106,528 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Bloomington if…
- ✓Higher median salary ($104,930/year)
- ✓You prefer the Minnesota area and lifestyle
Choose Rochester if…
- ✓Better top-earner potential ($305,489)
- ✓Larger job market (110 employed)
- ✓Better purchasing power (CoL-adjusted: $108,371)
- ✓You prefer the Minnesota area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, financial advisor salaries in Bloomington grew -1.8% from 2024 to 2025, compared to 22.4% growth in Rochester over the same period.
Bloomington, MN
$103,450 (2024) → $101,578 (2025)
Rochester, MN
$77,860 (2019) → $95,280 (2025)
View Full Salary Data
Bloomington, MN
Rochester, MN
Frequently Asked Questions
Which city pays financial advisors more: Bloomington or Rochester?
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Should I relocate from Bloomington to Rochester as a financial advisor?
What do entry-level financial advisors earn in Bloomington vs Rochester?
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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