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Financial Advisor Salary in Ann Arbor, MI β€” 2026 Guide

Estimated salaries are adjusted for Ann Arbor's cost of living (index: 116). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Financial Advisor Salary in Ann Arbor β€” Key Numbers

$115,513
Median Salary
$69,728
25th Percentile
$190,762
75th Percentile
$277,472
90th Percentile
National median (Financial Advisor)$99,580
vs. National median+16.0%
Ann Arbor median household income$78,600
vs. City household income+47.0%

Cost of Living in Ann Arbor

Cost of Living Index
116(100 = avg)
Median Monthly Rent$1,730/mo
Rent-to-Income Ratio18.0%
Annual rent cost$20,760
Median Home Price$420,000
Home Price / Salary3.6Γ—
20% Down Payment$84,000
Years to save (20% rate)3.6 yrs

Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3Γ— is affordable; above 5Γ— is expensive by traditional guidelines.

Job Market in Ann Arbor

3.0%
Unemployment Rate
370,000
Metro Population
22 min
Avg Commute
31.2
Median Age

Ann Arbor has a metro population of 370,000, offering a growing job market with opportunities especially in established local industries. The 3.0% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.

Financial Advisor Salary β€” Other Michigan Cities

Frequently Asked Questions

How much does a Financial Advisor make in Ann Arbor, MI?

The estimated median salary for a Financial Advisor in Ann Arbor is $115,513 per year (2026). This is derived from the national BLS median of $99,580 adjusted by Ann Arbor's cost of living index (116). The typical salary range runs from $69,728 (25th percentile) to $190,762 (75th percentile), with top earners reaching $277,472.

Is Ann Arbor affordable for a Financial Advisor?

On a $115,513 annual salary, a Financial Advisor in Ann Arbor would spend approximately 18.0% of gross monthly income on median rent ($1,730/month). This is well within the 28% affordability threshold, making Ann Arbor relatively affordable for this profession. The median home price of $420,000 is 3.6Γ— the annual salary.

How does a Financial Advisor's salary compare to Ann Arbor's overall income?

Ann Arbor's median household income is $78,600. A Financial Advisor earning the city-adjusted median of $115,513 earns 47.0% more than the typical Ann Arbor household β€” placing them solidly in the middle-to-upper income tier for the city.

Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024–2025). Last updated: March 2026.