AmericaByNumbers.com

Financial Manager Salary in Michigan

How much does a Financial Manager make in Michigan?

Last updated: 2024 data from the Bureau of Labor Statistics

$135,290
Median Annual Salary
$153,860
Mean Salary
$135,290
Median Salary
$65.04
Hourly Rate
19,690 people work as Financial Manager in Michigan

About This Job: Financial Manager

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

Top Skills

Reading Comprehension
4.12
Critical Thinking
4.12
Complex Problem Solving
4.12
Judgment and Decision Making
4.12
Active Listening
4.0

Key Knowledge Areas

Economics and Accounting
4.67
Customer and Personal Service
4.66
English Language
4.36
Mathematics
4.34
Administration and Management
4.33
Typical Education: Master's Degree (63.3% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Financial Manager in Michigan

Salaries for Financial Manager in Michigan range from $79,650 at the 10th percentile (entry level) to $239,130 at the 90th percentile (experienced). The middle 50% earn between $104,840 and $175,180.

Median $135,290
P10: $79,650 P25: $104,840 P75: $175,180 P90: $239,130
10th
$79,650
25th
$104,840
Median
$135,290
75th
$175,180
90th
$239,130
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $79,650 $38.29 $6,637
25th Percentile $104,840 $50.40 $8,736
Median (50th) $135,290 $65.04 $11,274
75th Percentile $175,180 $84.22 $14,598
90th Percentile (Experienced) $239,130 $114.97 $19,927

Note: The mean (average) salary of $153,860 differs from the median because salary distributions are typically skewed by high earners.

🚀 What To Do Next

Some links may be affiliate links. See our Affiliate Disclosure.

What does this salary really buy? See Financial Manager salary in Michigan adjusted for cost of living →

Financial Manager Salary by State

Compare Financial Manager pay across states — sorted by highest median salary.

View all 50 states →

Frequently Asked Questions

How much does a Financial Manager make in Michigan?
The median annual salary for a Financial Manager in Michigan is $135,290 as of 2024. The average (mean) salary is $153,860.
What is the salary range for a Financial Manager in Michigan?
Salaries for Financial Manager in Michigan range from $79,650 at the 10th percentile to $239,130 at the 90th percentile. The middle 50%% earn between $104,840 and $175,180.
What is the starting salary for a Financial Manager in Michigan?
Entry-level Financial Manager positions in Michigan typically start around $79,650 (10th percentile). With some experience, salaries rise to $104,840 (25th percentile).
How many people work as Financial Manager in Michigan?
According to 2024 BLS data, approximately 19,690 people are employed as Financial Manager in Michigan.
What is the hourly rate for a Financial Manager in Michigan?
Based on a standard 2,080-hour work year, the median hourly rate for a Financial Manager in Michigan is approximately $65.04 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS