Financial Advisor Pay

Grand Rapids vs Macomb Township: Financial Advisor Salary (2026)

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

Grand Rapids, MI
$92,361
$44.41/hr
Macomb Township, MI
$90,569
$43.54/hr

Side-by-Side Comparison

MetricGrand Rapids, MIMacomb Township, MI
Median Salary$92,361$90,569
Hourly Rate$44.41$43.54
Entry Level (P10)$46,092$52,530
25th Percentile$48,871$65,210
75th Percentile$160,559$115,928
Top Earner (P90)$252,496$140,383
Total Employed84021
Side-by-side bar chart comparing Grand Rapids ($92,361) and Macomb Township ($90,569) financial advisor salaries.Grand RapidsMacomb TownshipMedian Salary$92,361$90,569Entry Level (P10)$46,092$52,530Top Earner (P90)$252,496$140,383US Median $108,537

Verdict

Grand Rapids, MI offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Macomb Township.

The salary gap between Grand Rapids and Macomb Township is $1,792 (1.98%). Grand Rapids's median is -14.90% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Grand Rapids spans $206,404,Macomb Township spans $87,853. Grand Rapids has a wider pay range, meaning more potential for high earners but also more variation.

Grand Rapids
P10 (Entry)$46,092
P25$48,871
Median$92,361
P75$160,559
P90 (Top)$252,496
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 0.53% more than Grand Rapids ($96,667 effective).

Grand Rapids
Nominal: $92,361
CoL Index: 95.546
Adjusted: $96,667
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 Grand Rapids if…

  • Higher median salary ($92,361/year)
  • Better top-earner potential ($252,496)
  • Larger job market (840 employed)
  • You prefer the Michigan area and lifestyle

Choose Macomb Township if…

  • 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 Grand Rapids grew 27.1% from 2019 to 2025, compared to -3.5% growth in Macomb Township over the same period.

Grand Rapids, MI

+27.1%

$70,370 (2019) → $89,410 (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: Grand Rapids or Macomb Township?

Grand Rapids has a higher median financial advisor salary at $92,361/year, compared to Macomb Township at $90,569/year — a difference of $1,792 (1.98%).

What is the hourly rate difference between Grand Rapids and Macomb Township?

Grand Rapids financial advisors earn $44.41/hr while Macomb Township hygienists earn $43.54/hr (2026 est.).

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

Consider more than just salary when comparing Grand Rapids and Macomb Township. Factor in cost of living (CoL-adjusted: Grand Rapids = $96,667, Macomb Township = $97,177), job availability (840 vs 21 employed), commute, and career growth potential.

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

Entry-level (10th percentile) financial advisors earn $46,092 in Grand Rapids 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