Business & Finance Cedar Rapids, IA Pop. 137,710

Financial Advisor Salary in Cedar Rapids, Iowa

The median financial advisor salary in Cedar Rapids, IA is $83,943 per year, which is 12% below the national median and 1.1% below the Iowa state average.

City Median
$83,943
vs State Avg
$-954
vs National
$-11,447
Cost of Living
88%

Financial Advisor Pay in Cedar Rapids: What to Expect (2026)

Cedar Rapids offers a median financial advisor salary of $83,943, which is $954 below the Iowa state average of $84,897. Compared to the national median of $95,390, Cedar Rapids pays below the national benchmark for this role.

One of Cedar Rapids's biggest advantages is its low cost of living at 88% of the national average. This means the $83,943 salary stretches further here — equivalent to roughly $95,390 in an average-cost city. This makes Cedar Rapids an attractive option for financial advisors seeking strong real-dollar compensation.

The salary range for financial advisors in Cedar Rapids spans from $39,072 at the 10th percentile to $210,320 at the 90th percentile — a $171,248 spread. Entry-level professionals start around $42,240, while senior financial advisors with 8+ years of experience can earn up to $158,400. With a population of 137,710, Cedar Rapids is a mid-sized metro with a growing job market.

Financial Advisor Salary in Cedar Rapids by Experience

In Cedar Rapids, an entry-level financial advisor earns around $42,240, while experienced professionals earn up to $158,400 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$42,240
$-5,760 vs national
Mid Level (3-7 yrs)
$83,600
$-11,400 vs national
Senior Level (8+ yrs)
$158,400
$-21,600 vs national

Salary Percentiles in Cedar Rapids, IA

Percentile Cedar Rapids
10th Percentile $39,072
25th Percentile $54,912
Median (50th) $83,943
75th Percentile $131,120
90th Percentile $210,320

Financial Advisor Salary in Other Iowa Cities

Iowa City, IA
$90,621
Pop. 74,828
Des Moines, IA
$87,759
Pop. 214,133
Davenport, IA
$82,035
Pop. 101,724
Sioux City, IA
$80,128
Pop. 85,797

How to Become a Financial Advisor in Cedar Rapids

Education

Most financial advisor positions require a bachelor's degree. Cedar Rapids and the surrounding Iowa area have institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Cedar Rapids may vary based on local industry and population growth.

Find Financial Advisor Jobs in Cedar Rapids

Browse open financial advisor positions in Cedar Rapids, IA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Cedar Rapids

How much does a Financial Advisor make in Cedar Rapids, IA? ▼
The median financial advisor salary in Cedar Rapids, Iowa is $83,943 per year, which is 12% below the national median of $95,390. Salaries range from $39,072 (10th percentile) to $210,320 (90th percentile).
How much does a Financial Advisor make per hour in Cedar Rapids? ▼
Based on the median annual salary of $83,943, a financial advisor in Cedar Rapids earns approximately $40 per hour assuming a standard 2,080-hour work year.
How does Cedar Rapids compare to the Iowa state average for financial advisor pay? ▼
Cedar Rapids's median financial advisor salary of $83,943 is 1.1% below the Iowa state average of $84,897. The local cost of living index is 88% of the national average.
What is the cost of living in Cedar Rapids, IA? ▼
Cedar Rapids has a cost of living index of 88% compared to the national average. This means a financial advisor salary of $83,943 in Cedar Rapids has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Cedar Rapids? ▼
Most financial advisor positions in Cedar Rapids require a bachelor's degree. Key skills include Investment Planning, Portfolio Management, Tax Planning, Client Relations. The job market is projected to grow 13% nationally over the next decade.