Personal Financial Advisors pay range in Monroe
New workers and the lowest-paid 10% earn about $46,860 a year or less, while the top 10% make $519,980 or more. The middle half of personal financial advisors in Monroe earn between $60,000 and $219,850.
- $47K10th
- $60K25th
- $98KMedian
- $220K75th
- $520K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $173,100 | $14,425 | $83.22 |
| Median | $98,090 | $8,174 | $47.16 |
| Entry level (25th percentile) | $60,000 | $5,000 | $28.85 |
| Experienced (75th percentile) | $219,850 | $18,321 | $105.70 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Personal Financial Advisors pay in Monroe vs. Michigan and the U.S.
Personal financial advisors in Monroe earn 42% more than the Michigan average ($121,890) and 10% more than the U.S. average ($156,670). At the median the gap is -7% against the U.S. median of $105,070.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Monroe | $173,100 | $98,090 | $46,860 | $519,980 | 70 |
| Michigan | $121,890 | $77,930 | $44,780 | $288,860 | 6,570 |
| United States | $156,670 | $105,070 | $50,190 | $357,020 | 266,800 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Personal Financial Advisors salary after taxes in Monroe
On the average salary of $173,100, a single filer in Monroe takes home about $122,470 a year, or $10,206 a month and $4,710 every two weeks. Taxes take 29% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).
Is Monroe a good place for personal financial advisors? Pay vs. cost of living
Prices in the Monroe area are 7% below the U.S. average (BEA price parity 93.5), so the average $173,100 buys what about $185,150 would buy in a typical U.S. metro. This job pays 2.1 times the median wage of all jobs in Monroe ($46,240). A typical home costs $269,112, or 1.6 years of this average salary before tax.
Personal Financial Advisors salary in other Michigan cities
Monroe ranks 1st of 13 Michigan metro areas for this job, the best-paid in the state.
Highest-paying cities for personal financial advisors
Staunton, VA pays this job the most of the metro areas we cover ($258,100).
- Staunton, VA$258,100
- Naples, FL$227,090
- New York, NY$217,170
- Macon, GA$214,380
- San Francisco, CA$214,350
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Personal Financial Advisors salary in Monroe: questions
How much do personal financial advisors make an hour in Monroe?
$83.22 an hour on average, and $47.16 at the median (BLS, May 2025).
What is the entry-level personal financial advisors salary in Monroe?
The lowest-paid 10% earn about $46,860 a year and the 25th percentile is $60,000, a fair guide to starting pay.
What is the personal financial advisors take-home pay in Monroe?
About $122,470 a year ($10,206 a month) for a single filer on the average salary of $173,100.
Do personal financial advisors earn more in Monroe than elsewhere?
The average here is 10% more than the U.S. average for this job ($156,670).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2052; area Monroe, MI (33780). Relative standard error of the mean wage: 18.2%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).
- Job concentration: location quotient 1.01, this job is about as common as in the U.S. overall.
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