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Financial Advisor Salary in Detroit, MI

Updated

The median financial advisor in the Detroit area earns $76,830 a year ($36.94 an hour), 27% below the U.S. median ($105,070) and 1% below the Michigan median ($77,930). Half of the 3,430 financial advisors there earn between $49,570 and $139,990.

Percentiles. Dark: the middle half of earners. Red line: median. Dashed: U.S. median.
Personal Financial Advisors, May 2025 (latest official data). Metro area: Detroit-Warren-Dearborn, MI.
Annual payDetroit areaMichiganU.S.
10th percentile$45,530$44,780$50,190
25th percentile$49,570$49,570$72,440
Median$76,830$77,930$105,070
75th percentile$139,990$138,640$176,790
90th percentile$310,010$288,860$357,020
Average$124,230$121,890$156,670
Jobs3,4306,570266,800

Detroit, MI ranks 46th for financial advisor pay among the 48 of the 50 largest U.S. metro areas where it is published. Highest: New York, NY ($170,050).

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Sources

U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, www.bls.gov/oes. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.