Salary Range — 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly Wage |
|---|---|---|
| 10th percentile (entry-level) | $79,650 | $38.29 |
| 25th percentile | $104,840 | $50.40 |
| 50th percentile (median) | $135,290 | $65.05 |
| 75th percentile | $175,180 | $84.22 |
| 90th percentile (top earners) | $239,130 | $114.97 |
| Mean (average) | $153,860 | $73.97 |
How Michigan Compares
| State | Median Annual | vs. Michigan |
|---|---|---|
| Michigan (current) | $135,290 | — |
| New York | $215,740 | +59% |
| New Jersey | $188,750 | +40% |
| District of Columbia | $181,210 | +34% |
| Massachusetts | $181,170 | +34% |
| Delaware | $180,050 | +33% |
| California | $174,920 | +29% |
| Colorado | $174,840 | +29% |
| Washington | $171,300 | +27% |
Showing top-paying states with available data. View all states →
Related Occupations in Michigan
| Occupation | Median Annual | Employment |
|---|---|---|
| Natural Sciences Managers | $135,180 | 1,700 |
| Marketing Managers | $135,610 | 6,220 |
| Pharmacists | $136,070 | 9,640 |
| Sales Managers | $136,480 | 16,690 |
| Managers, All Other | $133,040 | 8,900 |
| Purchasing Managers | $137,630 | 2,830 |
Frequently Asked Questions
What is the average Financial Managers salary in Michigan?
The mean financial managers salary in Michigan is $153,860 per year. The median (middle) salary is $135,290 per year. Source: BLS OEWS 2024.
What is the starting salary for a Financial Managers in Michigan?
Entry-level financial managerss (10th percentile) in Michigan typically earn around $79,650 per year. Workers at the 25th percentile earn approximately $104,840 per year.
What is the highest Financial Managers salary in Michigan?
Top earners (90th percentile) in this occupation in Michigan make approximately $239,130 per year. Those in the 75th percentile earn around $175,180 per year.
How does the Michigan Financial Managers salary compare to the national average?
The median financial managers salary in Michigan is $135,290, which is -16% below national average of $161,700.
Data Source: This data is sourced from the U.S. Bureau of Labor Statistics,
Occupational Employment and Wage Statistics (OEWS) program, May 2024 release.
All wages are estimates. Actual salaries may vary based on experience, education,
employer, and other factors. bls.gov/oes