Detroit vs Taylor: Financial Advisor Salary (2026)
Compare financial advisor salaries between Detroit, MI and Taylor, MI. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Detroit, MI | Taylor, MI |
|---|---|---|
| Median Salary | $79,365 | $90,165▲ |
| Hourly Rate | $38.16 | $43.34▲ |
| Entry Level (P10) | $47,032 | $52,296▲ |
| 25th Percentile | $51,206 | $64,919▲ |
| 75th Percentile | $144,610▲ | $115,412 |
| Top Earner (P90) | $320,240▲ | $139,757 |
| Total Employed | 3,430▲ | 16 |
Verdict
Detroit and Taylor are closely matched on overall financial advisor compensation, each winning on different metrics.
The salary gap between Detroit and Taylor is $10,800 (13.61%). Taylor's median is -16.93% 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,Taylor spans $87,461. Detroit has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Taylor ($96,744 effective) pays 22.26% more than Detroit ($79,129 effective).
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 Taylor if…
- ✓Higher median salary ($90,165/year)
- ✓Better purchasing power (CoL-adjusted: $96,744)
- ✓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 Taylor over the same period.
Detroit, MI
$75,780 (2019) → $76,830 (2025)
Taylor, MI
$90,491 (2024) → $87,285 (2025)
View Full Salary Data
Detroit, MI
Taylor, MI
Frequently Asked Questions
Which city pays financial advisors more: Detroit or Taylor?
What is the hourly rate difference between Detroit and Taylor?
Should I relocate from Detroit to Taylor as a financial advisor?
What do entry-level financial advisors earn in Detroit vs Taylor?
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