Salary Range — 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly Wage |
|---|---|---|
| 10th percentile (entry-level) | $45,980 | $22.11 |
| 25th percentile | $59,770 | $28.74 |
| 50th percentile (median) | $98,830 | $47.52 |
| 75th percentile | $170,570 | $82.01 |
| 90th percentile (top earners) | N/A | N/A |
| Mean (average) | $144,370 | $69.41 |
How Michigan Compares
| State | Median Annual | vs. Michigan |
|---|---|---|
| Michigan (current) | $98,830 | — |
| New York | $167,970 | +70% |
| Idaho | $136,440 | +38% |
| California | $128,650 | +30% |
| Delaware | $128,170 | +30% |
| New Jersey | $123,690 | +25% |
| South Dakota | $123,380 | +25% |
| Maryland | $122,510 | +24% |
| Wisconsin | $115,680 | +17% |
Showing top-paying states with available data. View all states →
Related Occupations in Michigan
| Occupation | Median Annual | Employment |
|---|---|---|
| Facilities Managers | $98,760 | 4,320 |
| Physical Therapists | $98,960 | 7,800 |
| First-Line Supervisors of Police and Detectives | $99,130 | 3,100 |
| Software Quality Assurance Analysts and Testers | $98,310 | 3,500 |
| Transportation, Storage, and Distribution Managers | $98,240 | 8,020 |
| Data Scientists | $99,470 | 6,450 |
Frequently Asked Questions
What is the average Personal Financial Advisors salary in Michigan?
The mean personal financial advisors salary in Michigan is $144,370 per year. The median (middle) salary is $98,830 per year. Source: BLS OEWS 2024.
What is the starting salary for a Personal Financial Advisors in Michigan?
Entry-level personal financial advisorss (10th percentile) in Michigan typically earn around $45,980 per year. Workers at the 25th percentile earn approximately $59,770 per year.
What is the highest Personal Financial Advisors salary in Michigan?
Top earners (90th percentile) in this occupation in Michigan make approximately N/A per year. Those in the 75th percentile earn around $170,570 per year.
How does the Michigan Personal Financial Advisors salary compare to the national average?
The median personal financial advisors salary in Michigan is $98,830, which is -3% below national average of $102,140.
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