Financial Advisor Pay

Des Moines vs Johnston: Financial Advisor Salary (2026)

Compare financial advisor salaries between Des Moines, IA and Johnston, IA. All figures are 2026 estimates projected from BLS 2025 data.

Des Moines, IA
$97,381
$46.82/hr
Johnston, IA
$88,166
$42.38/hr

Side-by-Side Comparison

MetricDes Moines, IAJohnston, IA
Median Salary$97,381$88,166
Hourly Rate$46.82$42.38
Entry Level (P10)$54,584$51,136
25th Percentile$77,041$63,616
75th Percentile$143,009$112,852
Top Earner (P90)$208,604$136,657
Total Employed6404
Side-by-side bar chart comparing Des Moines ($97,381) and Johnston ($88,166) financial advisor salaries.Des MoinesJohnstonMedian Salary$97,381$88,166Entry Level (P10)$54,584$51,136Top Earner (P90)$208,604$136,657US Median $108,537

Verdict

Des Moines, IA offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Johnston.

The salary gap between Des Moines and Johnston is $9,215 (10.45%). Des Moines's median is -10.28% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Des Moines spans $154,020,Johnston spans $85,521. Des Moines has a wider pay range, meaning more potential for high earners but also more variation.

Des Moines
P10 (Entry)$54,584
P25$77,041
Median$97,381
P75$143,009
P90 (Top)$208,604
Johnston
P10 (Entry)$51,136
P25$63,616
Median$88,166
P75$112,852
P90 (Top)$136,657

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Des Moines ($106,194 effective) pays 8.88% more than Johnston ($97,529 effective).

Des Moines
Nominal: $97,381
CoL Index: 91.701
Adjusted: $106,194
Johnston
Nominal: $88,166
CoL Index: 90.4
Adjusted: $97,529

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

Which City Is Right for You?

Choose Des Moines if…

  • Higher median salary ($97,381/year)
  • Better top-earner potential ($208,604)
  • Larger job market (640 employed)
  • Better purchasing power (CoL-adjusted: $106,194)
  • You prefer the Iowa area and lifestyle

Choose Johnston if…

  • You prefer the Iowa area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Des Moines grew 29.4% from 2019 to 2025, compared to 15.6% growth in Johnston over the same period.

Des Moines, IA

+29.4%

$72,850 (2019) → $94,270 (2025)

Johnston, IA

+15.6%

$73,837 (2024) → $85,349 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Des Moines or Johnston?

Des Moines has a higher median financial advisor salary at $97,381/year, compared to Johnston at $88,166/year — a difference of $9,215 (10.45%).

What is the hourly rate difference between Des Moines and Johnston?

Des Moines financial advisors earn $46.82/hr while Johnston hygienists earn $42.38/hr (2026 est.).

Should I relocate from Des Moines to Johnston as a financial advisor?

Consider more than just salary when comparing Des Moines and Johnston. Factor in cost of living (CoL-adjusted: Des Moines = $106,194, Johnston = $97,529), job availability (640 vs 4 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Des Moines vs Johnston?

Entry-level (10th percentile) financial advisors earn $54,584 in Des Moines and $51,136 in Johnston. The Des Moines 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