BLS Official Data · OEWS May 2025

Business Professors in Michigan

$125,880 / year · average (mean) annual wage
$60.52 per hour

▲ 9.7% above U.S. average12th of 51 states

Source: U.S. Bureau of Labor Statistics Dataset: OEWS May 2025 Published: May 2026 Coverage: All 50 States + DC
Average$125,880per year
Median$111,190per year
Hourly$60.52per hour
10th – 90th percentile$43,360 – $229,160per year

Business Professors Pay Range in Michigan

Pay distribution across experience levels

  • 10th Percentile — Entry Level$43,360
  • 25th Percentile — Junior$64,730
  • 50th Percentile — Median$111,190
  • 75th Percentile — Senior$163,360
  • 90th Percentile — Top Earners$229,160

Half of Business Professors in Michigan earn more than $111,190. The top 10% make $229,160 or more, while entry-level workers start around $43,360.

Business Professors in Michigan: Key Facts

Source: BLS OEWS May 2025

  • Michigan ranks 12th of 51 states for Business Professors pay, at $125,880 per year (9.7% above the U.S. average of $114,720).
  • 2,240 people work as Business Professors in Michigan — 2.7% of all U.S. Business Professors jobs.
  • Location quotient 0.96: Business Professors jobs are less concentrated in Michigan than in the U.S. overall.
  • Pay range: the lowest-paid 10% earn under $43,360; the top 10% earn over $229,160.
  • Hourly equivalent: $60.52 per hour (2,080 hours/year).
  • The highest-paying state is Alaska at $181,700.
  • Among education jobs in Michigan, Computer Science Professors pays the most ($113,580).

Business Professors Job Market in Michigan

Key factors affecting compensation

Michigan's key industries are Automotive, Healthcare, Technology, and its job market is rated moderate. Business Professors here earn $125,880 on average, placing the state 12th nationally.

With a cost-of-living index of 0.9 (U.S. = 1.00), a Michigan salary of $125,880 is roughly equivalent to $139,867 at the national average cost of living.

Compared with nearby states in the pay ranking, Massachusetts ($132,880), Maryland ($131,980), Virginia ($128,850) are the closest alternatives for Business Professors weighing a move.

U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025

Related career salary benchmarks

Frequently Asked Questions

Common questions about this salary

What is the average Business Professors salary in Michigan?

The average Business Professors salary in Michigan is $125,880 per year (median $111,190), which is 9.7% above the national average of $114,720.

How does Michigan rank for Business Professors pay?

Michigan ranks 12th out of 51 states. The highest-paying state is Alaska ($181,700/yr).

How much do entry-level Business Professors make in Michigan?

The lowest-paid 10% of Business Professors in Michigan earn about $43,360 per year and the 25th percentile is $64,730.

How much do Business Professors make per hour in Michigan?

About $60.52 per hour, based on the $125,880 annual average and 2,080 working hours per year.

How many Business Professors work in Michigan?

BLS counts 2,240 Business Professors jobs in Michigan (OEWS May 2025).

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