Coon Rapids vs Rochester: Financial Advisor Salary (2026)
Compare financial advisor salaries between Coon Rapids, MN and Rochester, MN. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Coon Rapids, MN | Rochester, MN |
|---|---|---|
| Median Salary | $82,411 | $98,424▲ |
| Hourly Rate | $39.62 | $47.32▲ |
| Entry Level (P10) | $47,798▲ | $46,878 |
| 25th Percentile | $59,336 | $63,963▲ |
| 75th Percentile | $105,486 | $209,472▲ |
| Top Earner (P90) | $127,737 | $305,489▲ |
| Total Employed | 10 | 110▲ |
Verdict
Rochester, MN offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Coon Rapids.
The salary gap between Coon Rapids and Rochester is $16,013 (19.43%). Rochester's median is -9.32% compared to the US national median of $108,537.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Coon Rapids spans $79,939,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 29.53% more than Coon Rapids ($83,666 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Coon Rapids if…
- ✓You prefer the Minnesota area and lifestyle
Choose Rochester if…
- ✓Higher median salary ($98,424/year)
- ✓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 Coon Rapids grew -22.6% from 2024 to 2025, compared to 22.4% growth in Rochester over the same period.
Coon Rapids, MN
$103,020 (2024) → $79,778 (2025)
Rochester, MN
$77,860 (2019) → $95,280 (2025)
View Full Salary Data
Coon Rapids, MN
Rochester, MN
Frequently Asked Questions
Which city pays financial advisors more: Coon Rapids or Rochester?
What is the hourly rate difference between Coon Rapids and Rochester?
Should I relocate from Coon Rapids to Rochester as a financial advisor?
What do entry-level financial advisors earn in Coon Rapids vs Rochester?
Related Comparisons
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