Salt Lake City vs Tooele: Financial Advisor Salary (2026)
Compare financial advisor salaries between Salt Lake City, UT and Tooele, UT. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Salt Lake City, UT | Tooele, UT |
|---|---|---|
| Median Salary | $80,564▲ | $65,850 |
| Hourly Rate | $38.74▲ | $31.66 |
| Entry Level (P10) | $52,115▲ | $38,193 |
| 25th Percentile | $63,922▲ | $47,412 |
| 75th Percentile | $129,848▲ | $84,288 |
| Top Earner (P90) | $225,122▲ | $102,067 |
| Total Employed | 1,900▲ | 8 |
Verdict
Salt Lake City, UT offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Tooele.
The salary gap between Salt Lake City and Tooele is $14,714 (22.34%). Salt Lake City's median is -25.77% compared to the US national median of $108,537.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Salt Lake City spans $173,007,Tooele spans $63,874. Salt Lake City 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, Salt Lake City ($79,871 effective) pays 18.99% more than Tooele ($67,125 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Salt Lake City if…
- ✓Higher median salary ($80,564/year)
- ✓Better top-earner potential ($225,122)
- ✓Larger job market (1,900 employed)
- ✓Better purchasing power (CoL-adjusted: $79,871)
- ✓You prefer the Utah area and lifestyle
Choose Tooele if…
- ✓You prefer the Utah area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, financial advisor salaries in Salt Lake City grew 10.9% from 2019 to 2025, compared to -28.1% growth in Tooele over the same period.
Salt Lake City, UT
$70,320 (2019) → $77,990 (2025)
Tooele, UT
$88,647 (2024) → $63,746 (2025)
View Full Salary Data
Salt Lake City, UT
Tooele, UT
Frequently Asked Questions
Which city pays financial advisors more: Salt Lake City or Tooele?
What is the hourly rate difference between Salt Lake City and Tooele?
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What do entry-level financial advisors earn in Salt Lake City vs Tooele?
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