MI · BLS OEWS 2024 · SOC 13-2054

Financial Risk Specialists Salary in Michigan

Median Annual Salary $100,430 -5% below national average (national: $106,000)
$106,250Mean Annual
$48Median Hourly
1,000Employed in State

Salary Range — 10th to 90th Percentile

$100,430
$61,040
10th pct.
$160,010
90th pct.

Full Percentile Breakdown

PercentileAnnual WageHourly Wage
10th percentile (entry-level)$61,040$29.35
25th percentile$78,560$37.77
50th percentile (median)$100,430$48.28
75th percentile$129,400$62.21
90th percentile (top earners)$160,010$76.93
Mean (average)$106,250$51.08

How Michigan Compares

StateMedian Annualvs. Michigan
Michigan (current) $100,430
New York $138,330 +38%
Delaware $130,060 +30%
Alaska $126,050 +26%
New Jersey $123,000 +22%
Massachusetts $118,960 +18%
Wyoming $115,730 +15%
District of Columbia $114,550 +14%
Oregon $113,870 +13%

Showing top-paying states with available data. View all states →

Related Occupations in Michigan

OccupationMedian AnnualEmployment
Computer Systems Analysts $100,240 14,990
Business Teachers, Postsecondary $100,730 2,320
Biological Science Teachers, Postsecondary $100,110 1,520
Project Management Specialists $99,790 24,450
Industrial Engineers $99,680 31,850
General and Operations Managers $99,660 86,000

Frequently Asked Questions

What is the average Financial Risk Specialists salary in Michigan?

The mean financial risk specialists salary in Michigan is $106,250 per year. The median (middle) salary is $100,430 per year. Source: BLS OEWS 2024.

What is the starting salary for a Financial Risk Specialists in Michigan?

Entry-level financial risk specialistss (10th percentile) in Michigan typically earn around $61,040 per year. Workers at the 25th percentile earn approximately $78,560 per year.

What is the highest Financial Risk Specialists salary in Michigan?

Top earners (90th percentile) in this occupation in Michigan make approximately $160,010 per year. Those in the 75th percentile earn around $129,400 per year.

How does the Michigan Financial Risk Specialists salary compare to the national average?

The median financial risk specialists salary in Michigan is $100,430, which is -5% below national average of $106,000.

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