Financial Managers Salary in Detroit, MI

BLS Occupational Employment & Wage Statistics • May 2025 • Detroit-Warren-Dearborn, MI

Median annual salary $141,770 -12.3% vs national
Median hourly $68.16
10th percentile $83,880
90th percentile
Employed locally 10,050
National median $161,700

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Financial Managers
in
Detroit, MI
vs

    Salary percentile breakdown

    10th
    $83,880
    25th
    $111,110
    50th (median)
    $141,770
    75th
    $182,110

    Detroit economic context

    Unemployment rate 4.50% 2024 annual avg • BLS LAUS
    Median household income $75,123 2023 • Census ACS
    Financial Managers salary vs area income 189% Median Financial Managers salary is 89% above the area median household income

    Frequently asked questions

    How much do Financial Managers make per hour in Detroit?

    The median hourly wage for Financial Managers in Detroit, MI is $68.16, based on BLS OEWS 2025 data. Top earners (90th percentile) make $137.26 or more per hour.

    Is Detroit above or below average for Financial Managers salaries?

    The median Financial Managers salary in Detroit, MI is 12.3% below the national median of $161,700. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Financial Managers in Detroit?

    Entry-level Financial Managers (10th percentile) earn around $83,880 per year in Detroit, MI. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $111,110.