Milwaukee vs Wauwatosa: Financial Advisor Salary (2026)
Compare financial advisor salaries between Milwaukee, WI and Wauwatosa, WI. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Milwaukee, WI | Wauwatosa, WI |
|---|---|---|
| Median Salary | $129,962▲ | $114,640 |
| Hourly Rate | $62.48▲ | $55.11 |
| Entry Level (P10) | $66,959▲ | $66,491 |
| 25th Percentile | $100,728▲ | $82,541 |
| 75th Percentile | $213,438▲ | $146,740 |
| Top Earner (P90) | $403,149▲ | $177,693 |
| Total Employed | 2,150▲ | 10 |
Verdict
Milwaukee, WI offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Wauwatosa.
The salary gap between Milwaukee and Wauwatosa is $15,322 (13.37%). Milwaukee's median is +19.74% 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,Wauwatosa spans $111,202. Milwaukee 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, Milwaukee ($134,069 effective) pays 9.23% more than Wauwatosa ($122,741 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Milwaukee if…
- ✓Higher median salary ($129,962/year)
- ✓Better top-earner potential ($403,149)
- ✓Larger job market (2,150 employed)
- ✓Better purchasing power (CoL-adjusted: $134,069)
- ✓You prefer the Wisconsin area and lifestyle
Choose Wauwatosa if…
- ✓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 31.9% growth in Wauwatosa over the same period.
Milwaukee, WI
$90,290 (2019) → $125,810 (2025)
Wauwatosa, WI
$84,116 (2024) → $110,978 (2025)
View Full Salary Data
Milwaukee, WI
Wauwatosa, WI
Frequently Asked Questions
Which city pays financial advisors more: Milwaukee or Wauwatosa?
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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