Salaries › Financial Advisor › Michigan
Financial Advisor Salary in Michigan (2026)
$35.33 per hour · take-home ≈ $57,400/year ($4,783/month) for a single filer
Financial Advisor pay range in Michigan
| Percentile | Annual wage | Meaning |
| 10th percentile (entry) | $46,640 | Lowest-paid 10% earn less than this |
| 25th percentile | $56,970 | A quarter earn less |
| Median (50th) | $73,480 | Half earn more, half earn less |
| 75th percentile | $105,240 | Top quarter starts here |
| 90th percentile (top) | $172,680 | Highest-paid 10% earn more than this |
BLS reports 7,160 Financial Advisor jobs in Michigan (occupation code 41-3031, “Securities, Commodities, and Financial Services Sales Agents”).
Gross vs. take-home in Michigan
A median Financial Advisor salary of $73,480 doesn’t all reach your bank account. After federal income tax, Social Security, and Medicare, plus Michigan state income tax, a single filer keeps about $57,400 — an effective tax rate of 21.9%.
| Gross (median) | $73,480 |
| Federal income tax | −$7,336 |
| Social Security + Medicare | −$5,621 |
| Michigan state income tax | −$3,123 |
| Take-home (annual) | $57,400 |
| Take-home (monthly) | $4,783 |
Want your exact numbers — married, 401(k), different salary? Use the free Michigan paycheck calculator on PaycheckTally.
Frequently asked questions
- How much does a Financial Advisor make in Michigan?
- The median Financial Advisor salary in Michigan is $73,480 per year ($35.33 per hour) according to the latest BLS data. The middle 50% earn between $56,970 and $105,240.
- What is the take-home pay for a Financial Advisor in Michigan?
- On the median salary of $73,480, a single filer in Michigan takes home about $57,400 per year ($4,783 per month) after federal tax, FICA, and state income tax — an effective tax rate of 21.9%.
- How many Financial Advisor jobs are there in Michigan?
- BLS counts 7,160 Financial Advisor jobs in Michigan in the latest survey (May 2025).
Top-paying states for Financial Advisors
Other salaries in Michigan
Sources and methodology
Wage and employment figures: BLS OEWS May 2025 (state file, released April 2026) — the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics survey, the most authoritative public salary dataset. Take-home estimate: 2026 federal brackets, FICA, and verified Michigan state tax rules (single filer, standard deduction, no credits or local taxes). Estimates only — not financial advice.
- BLS OEWS — official occupational wage data.
- PaycheckTally — interactive 2026 take-home calculator for Michigan.