Financial Advisor Pay

Des Moines vs Sioux City: Financial Advisor Salary (2026)

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

Des Moines, IA
$97,381
$46.82/hr
Sioux City, IA
$101,441
$48.77/hr

Side-by-Side Comparison

MetricDes Moines, IASioux City, IA
Median Salary$97,381$101,441
Hourly Rate$46.82$48.77
Entry Level (P10)$54,584$43,954
25th Percentile$77,041$62,156
75th Percentile$143,009$168,327
Top Earner (P90)$208,604$602,869
Total Employed64060
Side-by-side bar chart comparing Des Moines ($97,381) and Sioux City ($101,441) financial advisor salaries.Des MoinesSioux CityMedian Salary$97,381$101,441Entry Level (P10)$54,584$43,954Top Earner (P90)$208,604$602,869US Median $108,537

Verdict

Sioux City, IA offers better overall compensation for financial advisors, winning 3 out of 4 metrics compared to Des Moines.

The salary gap between Des Moines and Sioux City is $4,060 (4.17%). Sioux City's median is -6.54% 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,Sioux City spans $558,915. Sioux City has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Des Moines
P10 (Entry)$54,584
P25$77,041
Median$97,381
P75$143,009
P90 (Top)$208,604
Sioux City
P10 (Entry)$43,954
P25$62,156
Median$101,441
P75$168,327
P90 (Top)$602,869

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Sioux City ($117,335 effective) pays 10.49% more than Des Moines ($106,194 effective).

Des Moines
Nominal: $97,381
CoL Index: 91.701
Adjusted: $106,194
Sioux City
Nominal: $101,441
CoL Index: 86.454
Adjusted: $117,335

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

Which City Is Right for You?

Choose Des Moines if…

  • Larger job market (640 employed)
  • You prefer the Iowa area and lifestyle

Choose Sioux City if…

  • Higher median salary ($101,441/year)
  • Better top-earner potential ($602,869)
  • Better purchasing power (CoL-adjusted: $117,335)
  • 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 29.6% growth in Sioux City over the same period.

Des Moines, IA

+29.4%

$72,850 (2019) → $94,270 (2025)

Sioux City, IA

+29.6%

$75,770 (2019) → $98,200 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Des Moines or Sioux City?

Sioux City has a higher median financial advisor salary at $101,441/year, compared to Des Moines at $97,381/year — a difference of $4,060 (4.17%).

What is the hourly rate difference between Des Moines and Sioux City?

Des Moines financial advisors earn $46.82/hr while Sioux City hygienists earn $48.77/hr (2026 est.).

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

Consider more than just salary when comparing Des Moines and Sioux City. Factor in cost of living (CoL-adjusted: Des Moines = $106,194, Sioux City = $117,335), job availability (640 vs 60 employed), commute, and career growth potential.

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

Entry-level (10th percentile) financial advisors earn $54,584 in Des Moines and $43,954 in Sioux City. 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