Financial Managers Salary in Grand Rapids, MI

BLS Occupational Employment & Wage Statistics • May 2025 • Grand Rapids-Wyoming-Kentwood, MI

Median annual salary $130,090 -19.5% vs national
Median hourly $62.55
10th percentile $77,640
90th percentile $217,420
Employed locally 2,420
National median $161,700

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Financial Managers
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Grand Rapids, MI
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    Salary percentile breakdown

    10th
    $77,640
    25th
    $102,160
    50th (median)
    $130,090
    75th
    $168,190
    90th
    $217,420

    Grand Rapids economic context

    Unemployment rate 4.00% 2024 annual avg • BLS LAUS
    Median household income $80,296 2023 • Census ACS
    Financial Managers salary vs area income 162% Median Financial Managers salary is 62% above the area median household income

    Top-paying metros for Financial Managers

    Metro areaMedian salary
    San Jose-Sunnyvale-Santa Clara, CA $218,920
    New York-Newark-Jersey City, NY-NJ $216,520
    New York $215,740
    San Francisco-Oakland-Fremont, CA $211,730
    New Jersey $188,750
    Boston-Cambridge-Newton, MA-NH $188,490

    Nearby metros — Financial Managers salary comparison

    Metro areaMedian salary
    Midland, MI $178,150
    Midland, TX $164,350
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $164,340
    Minneapolis-St. Paul-Bloomington, MN-WI $163,330
    Minnesota $158,040
    Bloomington, IL $156,720

    Related occupations in Grand Rapids, MI

    OccupationMedian salary
    General and Operations Managers $101,690
    Industrial Production Managers $110,440
    Sales Managers $127,790
    Computer and Information Systems Managers $139,980
    Medical and Health Services Managers $106,340
    Architectural and Engineering Managers $135,900

    Frequently asked questions

    How much do Financial Managers make per hour in Grand Rapids?

    The median hourly wage for Financial Managers in Grand Rapids, MI is $62.55, based on BLS OEWS 2025 data. Top earners (90th percentile) make $107.30 or more per hour.

    Is Grand Rapids above or below average for Financial Managers salaries?

    The median Financial Managers salary in Grand Rapids, MI is 19.5% 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 Grand Rapids?

    Entry-level Financial Managers (10th percentile) earn around $77,640 per year in Grand Rapids, MI. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $102,160.