Michigan ranks 21st of 49 states and D.C. for financial risk specialists pay, trailing top-paying New York ($138,330) by $37,900 — a 38% gap.
The 10th-to-90th percentile range runs from $61,040 to $160,010 — a $98,970 spread, 18% tighter than the national $120,040 range.
Financial Risk Specialists are less concentrated in Michigan than the U.S. average — a location quotient of 0.62 means the occupation's share of local jobs is 1.61× below the national share.
Salary Range: 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly 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
| State | Median Annual | vs. Michigan |
|---|---|---|
| Michigan (current) | $100,430 | n/a |
| 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
| Occupation | Median Annual | Employment |
|---|---|---|
| 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.
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.