Financial Advisor Salary in Grand Rapids, MI — 2026 Guide
Estimated salaries are adjusted for Grand Rapids's cost of living (index: 94). National data from BLS OEWS 2024; city adjustments reflect local market conditions.
Financial Advisor Salary in Grand Rapids — Key Numbers
Cost of Living in Grand Rapids
Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3× is affordable; above 5× is expensive by traditional guidelines.
Job Market in Grand Rapids
Grand Rapids has a metro population of 1,100,000, offering a sizeable job market with strong opportunities across key sectors. The 3.6% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.
Financial Calculators for Grand Rapids
Other Professions in Grand Rapids
Financial Advisor Salary — Other Michigan Cities
Frequently Asked Questions
How much does a Financial Advisor make in Grand Rapids, MI?
The estimated median salary for a Financial Advisor in Grand Rapids is $93,605 per year (2026). This is derived from the national BLS median of $99,580 adjusted by Grand Rapids's cost of living index (94). The typical salary range runs from $56,503 (25th percentile) to $154,583 (75th percentile), with top earners reaching $224,848.
Is Grand Rapids affordable for a Financial Advisor?
On a $93,605 annual salary, a Financial Advisor in Grand Rapids would spend approximately 14.8% of gross monthly income on median rent ($1,157/month). This is well within the 28% affordability threshold, making Grand Rapids relatively affordable for this profession. The median home price of $285,000 is 3.0× the annual salary.
How does a Financial Advisor's salary compare to Grand Rapids's overall income?
Grand Rapids's median household income is $65,800. A Financial Advisor earning the city-adjusted median of $93,605 earns 42.3% more than the typical Grand Rapids household — placing them solidly in the middle-to-upper income tier for the city.
Explore More Salary Data
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.