📊 BLS Official Data · May 2025 Release

Financial Managers Salary in Michigan (2026)

Michigan · 10.0% below national average · Very High Demand

Average
$168,219
per year
Median
$149,913
per year
Hourly
$80.87
per hour
📅 Dataset: OES May 2025
🔄 Published: May 2026
📍 Coverage: All 50 States + DC
📊
Salary Range & Percentiles
Pay distribution across experience levels
10th Percentile — Entry Level$95,182
25th Percentile — Junior$136,395
50th Percentile — Median$149,913
75th Percentile — Senior$229,124
90th Percentile — Top Earners$267,668
💡 Top-earning Financial Managerss in Michigan make up to $267,668 per year. The job market in Michigan is rated moderate, with key industries including Automotive, Healthcare, Technology.
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Salary Growth Trend (2021–2026)
Six-year compensation trajectory
$141.6k
2021
$146.6k
2022
$151.7k
2023
$157.0k
2024
$162.5k
2025
$168.2k
2026
📈 Financial Managers salaries in Michigan have followed the national trend with 3.5% annual growth. The strong demand in Michigan's job market supports continued salary increases.
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Financial Managers Salary by City in Michigan
Geographic salary comparison
CityAvg Salaryvs NationalDemand
Grand Rapids $153,079 -9.0% Very High
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Financial Managers Job Market in Michigan
Key factors affecting compensation

Michigan is home to a moderate job market for Financial Managerss. The state's key industries — Automotive, Healthcare, Technology — generate significant demand for skilled professionals. At $168,219 per year, Michigan's Financial Managers 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 $95,182–$136,395, while experienced Financial Managerss can command $229,124–$267,668.

Looking ahead, the Financial Managers profession in Michigan is projected to grow at 3.5% annually. Major employers are actively hiring, and the state's investment in Automotive continues to drive new opportunities for qualified candidates.

🏛️ U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
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Compare with Similar Jobs
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Frequently Asked Questions
Common questions about this salary
  • The average Financial Managers salary in Michigan is $168,219 per year in 2026, which is 10.0% below the national average of $186,910.
  • Major metro areas typically pay Financial Managerss the highest wages in Michigan due to higher costs of living and competitive job markets.
  • Michigan has a moderate job market with major industries in Automotive, Healthcare, Technology. Opportunities exist in for Financial Managers employment.
  • At $168,219/year, Michigan Financial Managers salaries are 10.0% lower than the national average of $186,910/year.