Financial Manager Salary in Michigan (2026)
Michigan · 10.0% below national average · Very High Demand
| City | Avg Salary | vs National | Demand |
|---|---|---|---|
| Grand Rapids | $127,846 | -9.0% | Very High |
Michigan is home to a moderate job market for Financial Managers. The state's key industries — Automotive, Healthcare, Technology — generate significant demand for skilled professionals. At $140,490 per year, Michigan's Financial Manager salaries are 10.0% lower than the national average.
The cost of living in Michigan (index: 0.9) makes salaries stretch further than in higher-cost states. Entry-level professionals in Michigan can expect to earn $74,068–$103,797, while experienced Financial Managers can command $170,687–$198,058.
Looking ahead, the Financial Manager profession in Michigan is projected to grow at 4.6% annually. Major employers are actively hiring, and the state's investment in Automotive continues to drive new opportunities for qualified candidates.
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What is the average Financial Manager salary in Michigan?The average Financial Manager salary in Michigan is $140,490 per year in 2026, which is 10.0% below the national average of $156,100.
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What city in Michigan pays Financial Managers the most?Major metro areas typically pay Financial Managers the highest wages in Michigan due to higher costs of living and competitive job markets.
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Is Michigan a good state for Financial Managers?Michigan has a moderate job market with major industries in Automotive, Healthcare, Technology. Opportunities exist in for Financial Manager employment.
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How does Michigan Financial Manager salary compare to the US average?At $140,490/year, Michigan Financial Manager salaries are 10.0% lower than the national average of $156,100/year.