Financial Advisor Pay

Davenport vs Urbandale: Financial Advisor Salary (2026)

Compare financial advisor salaries between Davenport, IA and Urbandale, IA. All figures are 2026 estimates projected from BLS 2025 data.

Davenport, IA
$128,650
$61.85/hr
Urbandale, IA
$90,757
$43.63/hr

Side-by-Side Comparison

MetricDavenport, IAUrbandale, IA
Median Salary$128,650$90,757
Hourly Rate$61.85$43.63
Entry Level (P10)$63,808$52,640
25th Percentile$75,264$65,346
75th Percentile$224,378$116,169
Top Earner (P90)$491,264$140,674
Total Employed18012
Side-by-side bar chart comparing Davenport ($128,650) and Urbandale ($90,757) financial advisor salaries.DavenportUrbandaleMedian Salary$128,650$90,757Entry Level (P10)$63,808$52,640Top Earner (P90)$491,264$140,674US Median $108,537

Verdict

Davenport, IA offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Urbandale.

The salary gap between Davenport and Urbandale is $37,893 (41.75%). Davenport's median is +18.53% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Davenport spans $427,456,Urbandale spans $88,034. Davenport has a wider pay range, meaning more potential for high earners but also more variation.

Davenport
P10 (Entry)$63,808
P25$75,264
Median$128,650
P75$224,378
P90 (Top)$491,264
Urbandale
P10 (Entry)$52,640
P25$65,346
Median$90,757
P75$116,169
P90 (Top)$140,674

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Davenport ($144,422 effective) pays 43.85% more than Urbandale ($100,395 effective).

Davenport
Nominal: $128,650
CoL Index: 89.079
Adjusted: $144,422
Urbandale
Nominal: $90,757
CoL Index: 90.4
Adjusted: $100,395

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

Which City Is Right for You?

Choose Davenport if…

  • Higher median salary ($128,650/year)
  • Better top-earner potential ($491,264)
  • Larger job market (180 employed)
  • Better purchasing power (CoL-adjusted: $144,422)
  • You prefer the Iowa area and lifestyle

Choose Urbandale if…

  • You prefer the Iowa area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Davenport grew 57.8% from 2019 to 2025, compared to 15.6% growth in Urbandale over the same period.

Davenport, IA

+57.8%

$78,940 (2019) → $124,540 (2025)

Urbandale, IA

+15.6%

$76,008 (2024) → $87,858 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Davenport or Urbandale?

Davenport has a higher median financial advisor salary at $128,650/year, compared to Urbandale at $90,757/year — a difference of $37,893 (41.75%).

What is the hourly rate difference between Davenport and Urbandale?

Davenport financial advisors earn $61.85/hr while Urbandale hygienists earn $43.63/hr (2026 est.).

Should I relocate from Davenport to Urbandale as a financial advisor?

Consider more than just salary when comparing Davenport and Urbandale. Factor in cost of living (CoL-adjusted: Davenport = $144,422, Urbandale = $100,395), job availability (180 vs 12 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Davenport vs Urbandale?

Entry-level (10th percentile) financial advisors earn $63,808 in Davenport and $52,640 in Urbandale. The Davenport area offers higher starting salaries.
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