Financial Advisor Pay

Milwaukee vs Sheboygan: Financial Advisor Salary (2026)

Compare financial advisor salaries between Milwaukee, WI and Sheboygan, WI. All figures are 2026 estimates projected from BLS 2025 data.

Milwaukee, WI
$129,962
$62.48/hr
Sheboygan, WI
$137,596
$66.15/hr

Side-by-Side Comparison

MetricMilwaukee, WISheboygan, WI
Median Salary$129,962$137,596
Hourly Rate$62.48$66.15
Entry Level (P10)$66,959$67,476
25th Percentile$100,728$104,488
75th Percentile$213,438$221,609
Top Earner (P90)$403,149$495,995
Total Employed2,15050
Side-by-side bar chart comparing Milwaukee ($129,962) and Sheboygan ($137,596) financial advisor salaries.MilwaukeeSheboyganMedian Salary$129,962$137,596Entry Level (P10)$66,959$67,476Top Earner (P90)$403,149$495,995US Median $108,537

Verdict

Sheboygan, WI offers better overall compensation for financial advisors, winning 3 out of 4 metrics compared to Milwaukee.

The salary gap between Milwaukee and Sheboygan is $7,634 (5.87%). Sheboygan's median is +26.77% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Milwaukee spans $336,190,Sheboygan spans $428,519. Sheboygan has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Milwaukee
P10 (Entry)$66,959
P25$100,728
Median$129,962
P75$213,438
P90 (Top)$403,149
Sheboygan
P10 (Entry)$67,476
P25$104,488
Median$137,596
P75$221,609
P90 (Top)$495,995

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Sheboygan ($146,357 effective) pays 9.17% more than Milwaukee ($134,069 effective).

Milwaukee
Nominal: $129,962
CoL Index: 96.937
Adjusted: $134,069
Sheboygan
Nominal: $137,596
CoL Index: 94.014
Adjusted: $146,357

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

Which City Is Right for You?

Choose Milwaukee if…

  • Larger job market (2,150 employed)
  • You prefer the Wisconsin area and lifestyle

Choose Sheboygan if…

  • Higher median salary ($137,596/year)
  • Better top-earner potential ($495,995)
  • Better purchasing power (CoL-adjusted: $146,357)
  • You prefer the Wisconsin area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Milwaukee grew 39.3% from 2019 to 2025, compared to 69.1% growth in Sheboygan over the same period.

Milwaukee, WI

+39.3%

$90,290 (2019) → $125,810 (2025)

Sheboygan, WI

+69.1%

$78,790 (2019) → $133,200 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Milwaukee or Sheboygan?

Sheboygan has a higher median financial advisor salary at $137,596/year, compared to Milwaukee at $129,962/year — a difference of $7,634 (5.87%).

What is the hourly rate difference between Milwaukee and Sheboygan?

Milwaukee financial advisors earn $62.48/hr while Sheboygan hygienists earn $66.15/hr (2026 est.).

Should I relocate from Milwaukee to Sheboygan as a financial advisor?

Consider more than just salary when comparing Milwaukee and Sheboygan. Factor in cost of living (CoL-adjusted: Milwaukee = $134,069, Sheboygan = $146,357), job availability (2,150 vs 50 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Milwaukee vs Sheboygan?

Entry-level (10th percentile) financial advisors earn $66,959 in Milwaukee and $67,476 in Sheboygan. The Sheboygan 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