Financial Advisor Pay

Grand Forks vs Minot: Financial Advisor Salary (2026)

Compare financial advisor salaries between Grand Forks, ND and Minot, ND. All figures are 2026 estimates projected from BLS 2025 data.

Grand Forks, ND
$80,078
$38.50/hr
Minot, ND
$98,064
$47.15/hr

Side-by-Side Comparison

MetricGrand Forks, NDMinot, ND
Median Salary$80,078$98,064
Hourly Rate$38.50$47.15
Entry Level (P10)$56,536$56,877
25th Percentile$61,112$70,606
75th Percentile$118,113$125,522
Top Earner (P90)$138,567$151,999
Total Employed3012
Side-by-side bar chart comparing Grand Forks ($80,078) and Minot ($98,064) financial advisor salaries.Grand ForksMinotMedian Salary$80,078$98,064Entry Level (P10)$56,536$56,877Top Earner (P90)$138,567$151,999US Median $108,537

Verdict

Minot, ND offers better overall compensation for financial advisors, winning 3 out of 4 metrics compared to Grand Forks.

The salary gap between Grand Forks and Minot is $17,986 (22.46%). Minot's median is -9.65% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Grand Forks spans $82,031,Minot spans $95,122. Minot has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Grand Forks
P10 (Entry)$56,536
P25$61,112
Median$80,078
P75$118,113
P90 (Top)$138,567
Minot
P10 (Entry)$56,877
P25$70,606
Median$98,064
P75$125,522
P90 (Top)$151,999

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Minot ($106,591 effective) pays 15.36% more than Grand Forks ($92,402 effective).

Grand Forks
Nominal: $80,078
CoL Index: 86.663
Adjusted: $92,402
Minot
Nominal: $98,064
CoL Index: 92
Adjusted: $106,591

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

Which City Is Right for You?

Choose Grand Forks if…

  • Larger job market (30 employed)
  • You prefer the North Dakota area and lifestyle

Choose Minot if…

  • Higher median salary ($98,064/year)
  • Better top-earner potential ($151,999)
  • Better purchasing power (CoL-adjusted: $106,591)
  • You prefer the North Dakota area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Grand Forks grew 36.4% from 2020 to 2025, compared to 19.4% growth in Minot over the same period.

Grand Forks, ND

+36.4%

$56,830 (2020) → $77,520 (2025)

Minot, ND

+19.4%

$79,508 (2024) → $94,931 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Grand Forks or Minot?

Minot has a higher median financial advisor salary at $98,064/year, compared to Grand Forks at $80,078/year — a difference of $17,986 (22.46%).

What is the hourly rate difference between Grand Forks and Minot?

Grand Forks financial advisors earn $38.50/hr while Minot hygienists earn $47.15/hr (2026 est.).

Should I relocate from Grand Forks to Minot as a financial advisor?

Consider more than just salary when comparing Grand Forks and Minot. Factor in cost of living (CoL-adjusted: Grand Forks = $92,402, Minot = $106,591), job availability (30 vs 12 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Grand Forks vs Minot?

Entry-level (10th percentile) financial advisors earn $56,536 in Grand Forks and $56,877 in Minot. The Minot 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