Financial Managers Salary in Traverse City, MI

BLS Occupational Employment & Wage Statistics • May 2025 • Traverse City, MI

Median annual salary $112,600 -30.4% vs national
Median hourly $54.14
10th percentile $75,330
90th percentile $208,610
Employed locally 280
National median $161,700

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Financial Managers
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Traverse City, MI
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    Salary percentile breakdown

    10th
    $75,330
    25th
    $88,160
    50th (median)
    $112,600
    75th
    $158,760
    90th
    $208,610

    Traverse City economic context

    Unemployment rate 4.30% 2024 annual avg • BLS LAUS
    Median household income $77,495 2023 • Census ACS
    Financial Managers salary vs area income 145% Median Financial Managers salary is 45% 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 Traverse City, MI

    OccupationMedian salary
    General and Operations Managers$83,710
    Medical and Health Services Managers$105,280
    Sales Managers$104,210
    Food Service Managers$62,470
    Education Administrators, Kindergarten through Secondary$109,980
    Construction Managers$95,870

    Frequently asked questions

    How much do Financial Managers make per hour in Traverse City?

    The median hourly wage for Financial Managers in Traverse City, MI is $54.14, based on BLS OEWS 2025 data. Top earners (90th percentile) make $103.10 or more per hour.

    Is Traverse City above or below average for Financial Managers salaries?

    The median Financial Managers salary in Traverse City, MI is 30.4% 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 Traverse City?

    Entry-level Financial Managers (10th percentile) earn around $75,330 per year in Traverse City, MI. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $88,160.