Financial Risk Analyst Salary in Michigan (2026)
Michigan · 10.0% below national average · High Demand
| City | Avg Salary | vs National | Demand |
|---|---|---|---|
| Grand Rapids | $84,013 | -9.0% | High |
Michigan is home to a moderate job market for Financial Risk Analysts. The state's key industries — Automotive, Healthcare, Technology — generate significant demand for skilled professionals. At $92,322 per year, Michigan's Financial Risk Analyst 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 $57,231–$76,635, while experienced Financial Risk Analysts can command $120,294–$137,448.
Looking ahead, the Financial Risk Analyst profession in Michigan is projected to grow at 4.5% 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 Risk Analyst salary in Michigan?The average Financial Risk Analyst salary in Michigan is $92,322 per year in 2026, which is 10.0% below the national average of $102,580.
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What city in Michigan pays Financial Risk Analysts the most?Major metro areas typically pay Financial Risk Analysts 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 Risk Analysts?Michigan has a moderate job market with major industries in Automotive, Healthcare, Technology. Opportunities exist in for Financial Risk Analyst employment.
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How does Michigan Financial Risk Analyst salary compare to the US average?At $92,322/year, Michigan Financial Risk Analyst salaries are 10.0% lower than the national average of $102,580/year.