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Financial Advisor Salary in Salt Lake City, UT — 2026 Guide

Estimated salaries are adjusted for Salt Lake City's cost of living (index: 111). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Financial Advisor Salary in Salt Lake City — Key Numbers

$110,534
Median Salary
$66,722
25th Percentile
$182,540
75th Percentile
$265,512
90th Percentile
National median (Financial Advisor)$99,580
vs. National median+11.0%
Salt Lake City median household income$77,200
vs. City household income+43.2%

Cost of Living in Salt Lake City

Cost of Living Index
111(100 = avg)
Median Monthly Rent$1,149/mo
Rent-to-Income Ratio12.5%
Annual rent cost$13,788
Median Home Price$485,000
Home Price / Salary4.4×
20% Down Payment$97,000
Years to save (20% rate)4.4 yrs

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 Salt Lake City

2.8%
Unemployment Rate
1,270,000
Metro Population
23 min
Avg Commute
32.2
Median Age

Salt Lake City has a metro population of 1,270,000, offering a sizeable job market with strong opportunities across key sectors. The 2.8% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.

Financial Calculators for Salt Lake City

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Take-Home Pay Calculator
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Cost of Living — Salt Lake City
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Rent vs. Buy in Salt Lake City
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Budget Planner
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Financial Advisor Salary in Utah
Statewide salary breakdown

Other Professions in Salt Lake City

Physician$254,523Chief Executive Officer$233,100Dentist$194,816IT Manager$188,156Marketing Manager$174,958Lawyer$161,794

Financial Advisor Salary — Other Utah Cities

Provo, UT$105,555

Frequently Asked Questions

How much does a Financial Advisor make in Salt Lake City, UT?

The estimated median salary for a Financial Advisor in Salt Lake City is $110,534 per year (2026). This is derived from the national BLS median of $99,580 adjusted by Salt Lake City's cost of living index (111). The typical salary range runs from $66,722 (25th percentile) to $182,540 (75th percentile), with top earners reaching $265,512.

Is Salt Lake City affordable for a Financial Advisor?

On a $110,534 annual salary, a Financial Advisor in Salt Lake City would spend approximately 12.5% of gross monthly income on median rent ($1,149/month). This is well within the 28% affordability threshold, making Salt Lake City relatively affordable for this profession. The median home price of $485,000 is 4.4× the annual salary.

How does a Financial Advisor's salary compare to Salt Lake City's overall income?

Salt Lake City's median household income is $77,200. A Financial Advisor earning the city-adjusted median of $110,534 earns 43.2% more than the typical Salt Lake City household — placing them solidly in the middle-to-upper income tier for the city.

Explore More Salary Data

Financial Advisor — NationalFinancial Advisor in UtahAll Salary Guides

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.