Financial Advisor Pay

Dover vs Smyrna: Financial Advisor Salary (2026)

Compare financial advisor salaries between Dover, DE and Smyrna, DE. All figures are 2026 estimates projected from BLS 2025 data.

Dover, DE
$106,058
$50.99/hr
Smyrna, DE
$102,261
$49.16/hr

Side-by-Side Comparison

MetricDover, DESmyrna, DE
Median Salary$106,058$102,261
Hourly Rate$50.99$49.16
Entry Level (P10)$60,916$59,312
25th Percentile$80,657$73,628
75th Percentile$171,344$130,893
Top Earner (P90)$287,319$158,505
Total Employed705
Side-by-side bar chart comparing Dover ($106,058) and Smyrna ($102,261) financial advisor salaries.DoverSmyrnaMedian Salary$106,058$102,261Entry Level (P10)$60,916$59,312Top Earner (P90)$287,319$158,505US Median $108,537

Verdict

Dover, DE offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Smyrna.

The salary gap between Dover and Smyrna is $3,797 (3.71%). Dover's median is -2.28% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Dover spans $226,403,Smyrna spans $99,193. Dover has a wider pay range, meaning more potential for high earners but also more variation.

Dover
P10 (Entry)$60,916
P25$80,657
Median$106,058
P75$171,344
P90 (Top)$287,319
Smyrna
P10 (Entry)$59,312
P25$73,628
Median$102,261
P75$130,893
P90 (Top)$158,505

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Dover ($108,770 effective) pays 8.17% more than Smyrna ($100,552 effective).

Dover
Nominal: $106,058
CoL Index: 97.507
Adjusted: $108,770
Smyrna
Nominal: $102,261
CoL Index: 101.7
Adjusted: $100,552

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

Which City Is Right for You?

Choose Dover if…

  • Higher median salary ($106,058/year)
  • Better top-earner potential ($287,319)
  • Larger job market (70 employed)
  • Better purchasing power (CoL-adjusted: $108,770)
  • You prefer the Delaware area and lifestyle

Choose Smyrna if…

  • You prefer the Delaware area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Dover grew -9.0% from 2024 to 2025, compared to -6.2% growth in Smyrna over the same period.

Dover, DE

+-9.0%

$112,878 (2024) → $102,670 (2025)

Smyrna, DE

+-6.2%

$105,524 (2024) → $98,994 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Dover or Smyrna?

Dover has a higher median financial advisor salary at $106,058/year, compared to Smyrna at $102,261/year — a difference of $3,797 (3.71%).

What is the hourly rate difference between Dover and Smyrna?

Dover financial advisors earn $50.99/hr while Smyrna hygienists earn $49.16/hr (2026 est.).

Should I relocate from Dover to Smyrna as a financial advisor?

Consider more than just salary when comparing Dover and Smyrna. Factor in cost of living (CoL-adjusted: Dover = $108,770, Smyrna = $100,552), job availability (70 vs 5 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Dover vs Smyrna?

Entry-level (10th percentile) financial advisors earn $60,916 in Dover and $59,312 in Smyrna. The Dover 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