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Financial Advisor Salary in Miami, FL β€” 2026 Guide

Estimated salaries are adjusted for Miami's cost of living (index: 131). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Financial Advisor Salary in Miami β€” Key Numbers

$130,450
Median Salary
$78,744
25th Percentile
$215,430
75th Percentile
$313,352
90th Percentile
National median (Financial Advisor)$99,580
vs. National median+31.0%
Miami median household income$65,000
vs. City household income+100.7%

Cost of Living in Miami

Cost of Living Index
131(100 = avg)
Median Monthly Rent$1,951/mo
Rent-to-Income Ratio17.9%
Annual rent cost$23,412
Median Home Price$620,000
Home Price / Salary4.8Γ—
20% Down Payment$124,000
Years to save (20% rate)4.8 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 Miami

3.5%
Unemployment Rate
6,270,000
Metro Population
30 min
Avg Commute
40.9
Median Age

Miami has a metro population of 6,270,000, offering a large, diverse job market with many employers across all industries. The 3.5% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.

Frequently Asked Questions

How much does a Financial Advisor make in Miami, FL?

The estimated median salary for a Financial Advisor in Miami is $130,450 per year (2026). This is derived from the national BLS median of $99,580 adjusted by Miami's cost of living index (131). The typical salary range runs from $78,744 (25th percentile) to $215,430 (75th percentile), with top earners reaching $313,352.

Is Miami affordable for a Financial Advisor?

On a $130,450 annual salary, a Financial Advisor in Miami would spend approximately 17.9% of gross monthly income on median rent ($1,951/month). This is well within the 28% affordability threshold, making Miami relatively affordable for this profession. The median home price of $620,000 is 4.8Γ— the annual salary.

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

Miami's median household income is $65,000. A Financial Advisor earning the city-adjusted median of $130,450 earns 100.7% more than the typical Miami 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.