Financial Advisor Pay

Detroit vs Macomb Township: Financial Advisor Salary (2026)

Compare financial advisor salaries between Detroit, MI and Macomb Township, MI. All figures are 2026 estimates projected from BLS 2025 data.

Detroit, MI
$79,365
$38.16/hr
Macomb Township, MI
$90,569
$43.54/hr

Side-by-Side Comparison

MetricDetroit, MIMacomb Township, MI
Median Salary$79,365$90,569
Hourly Rate$38.16$43.54
Entry Level (P10)$47,032$52,530
25th Percentile$51,206$65,210
75th Percentile$144,610$115,928
Top Earner (P90)$320,240$140,383
Total Employed3,43021
Side-by-side bar chart comparing Detroit ($79,365) and Macomb Township ($90,569) financial advisor salaries.DetroitMacomb TownshipMedian Salary$79,365$90,569Entry Level (P10)$47,032$52,530Top Earner (P90)$320,240$140,383US Median $108,537

Verdict

Detroit and Macomb Township are closely matched on overall financial advisor compensation, each winning on different metrics.

The salary gap between Detroit and Macomb Township is $11,204 (14.12%). Macomb Township's median is -16.55% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Detroit spans $273,208,Macomb Township spans $87,853. Detroit has a wider pay range, meaning more potential for high earners but also more variation.

Detroit
P10 (Entry)$47,032
P25$51,206
Median$79,365
P75$144,610
P90 (Top)$320,240
Macomb Township
P10 (Entry)$52,530
P25$65,210
Median$90,569
P75$115,928
P90 (Top)$140,383

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Macomb Township ($97,177 effective) pays 22.81% more than Detroit ($79,129 effective).

Detroit
Nominal: $79,365
CoL Index: 100.298
Adjusted: $79,129
Macomb Township
Nominal: $90,569
CoL Index: 93.2
Adjusted: $97,177

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

Which City Is Right for You?

Choose Detroit if…

  • Better top-earner potential ($320,240)
  • Larger job market (3,430 employed)
  • You prefer the Michigan area and lifestyle

Choose Macomb Township if…

  • Higher median salary ($90,569/year)
  • Better purchasing power (CoL-adjusted: $97,177)
  • You prefer the Michigan area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Detroit grew 1.4% from 2019 to 2025, compared to -3.5% growth in Macomb Township over the same period.

Detroit, MI

+1.4%

$75,780 (2019) → $76,830 (2025)

Macomb Township, MI

+-3.5%

$90,896 (2024) → $87,676 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Detroit or Macomb Township?

Macomb Township has a higher median financial advisor salary at $90,569/year, compared to Detroit at $79,365/year — a difference of $11,204 (14.12%).

What is the hourly rate difference between Detroit and Macomb Township?

Detroit financial advisors earn $38.16/hr while Macomb Township hygienists earn $43.54/hr (2026 est.).

Should I relocate from Detroit to Macomb Township as a financial advisor?

Consider more than just salary when comparing Detroit and Macomb Township. Factor in cost of living (CoL-adjusted: Detroit = $79,129, Macomb Township = $97,177), job availability (3,430 vs 21 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Detroit vs Macomb Township?

Entry-level (10th percentile) financial advisors earn $47,032 in Detroit and $52,530 in Macomb Township. The Macomb Township area offers higher starting salaries.

Related Comparisons

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