Financial Managers Salary in Michigan

BLS OEWS May 2025 • 20 metro areas • Michigan

Financial Managers in Michigan earn a median salary of $128,787 per year on average across 20 metro and nonmetro areas, -20.4% vs the national median of $161,700. An estimated 18,880 financial managers are employed across Michigan, with salaries ranging from $108,600 to $178,150 depending on location.

$128,787 Avg median salary in Michigan
$178,150 Highest paying metro
$108,600 Lowest paying metro
18,880 Employed in Michigan

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      Financial Managers salaries by city in Michigan

      Metro area Median salary 25th pct 75th pct Employed
      Midland, MI $178,150 $144,680 $224,850 310
      Monroe, MI $144,040 $105,460 $184,320 130
      Detroit, MI $141,770 $111,110 $182,110 10,050
      Ann Arbor, MI $139,840 $111,970 $176,810 800
      Battle Creek, MI $136,460 $113,550 $185,340 240
      Kalamazoo, MI $131,790 $103,460 $171,870 500
      Lansing, MI $130,930 $102,880 $163,430 850
      Jackson, MI $130,340 $101,700 $166,890 220
      Grand Rapids, MI $130,090 $102,160 $168,190 2,420
      Southern Michigan $129,000 $97,290 $165,380 480
      Bay City, MI $127,900 $98,530 $161,010 110
      Flint, MI $127,470 $96,190 $168,280 460
      Niles, MI $125,490 $95,700 $161,570 230
      Saginaw, MI $124,310 $99,490 $159,720 360
      Muskegon, MI $120,760 $93,690 $153,810 170
      Michigan City, IN $114,660 $84,340 $153,830 90
      Traverse City, MI $112,600 $88,160 $158,760 280
      Mid Michigan $111,160 $81,860 $144,950 500
      Upper Peninsula of Michigan $110,380 $79,990 $141,670 400
      Northern Michigan $108,600 $81,890 $141,000 280

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