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Financial Manager Salary Information in Michigan City-La Porte, Indiana

The annual and hourly salary statistics of financial managers in Michigan City-La Porte, Indiana are shown in Table 1 and Table 2, respectively. The wage information of financial managers in Michigan City-La Porte is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

Table 1 & Table 2. Annual & Hourly Salaries of Financial Managers in Michigan City-La Porte, Indiana

Percentile BracketAverage Annual Salary
10th Percentile Wage
$43,930
25th Percentile Wage
$49,650
50th Percentile Wage
$82,550
75th Percentile Wage
$99,850
90th Percentile Wage
$152,210

Table 1 shows the average annual salary for financial managers in Michigan City-La Porte, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $152,210. The median (50th percentile) annual salary is $82,550. The average annual salary for the bottom 10 percent earners is $43,930.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$21.12
25th Percentile Wage
$23.87
50th Percentile Wage
$39.69
75th Percentile Wage
$48.00
90th Percentile Wage
$73.18

Table 2 shows the average hourly salary for financial managers in Michigan City-La Porte, Indiana. The average hourly salary for the 90th percentile is $73.18. The median hourly salary is $39.69. The average hourly salary for the bottom 10 percent is $21.12.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of financial managers from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201682,55026.25%12.36%
201560,880-2.23%-
201462,240-15.10%-
201371,640-0.99%-
201272,350--

Table 3. Compare Financial Manager Salary in Michigan City-La Porte with Other Indiana Cities

From Table 3 we note that the median annual salary of $82,550 in Michigan City-La Porte is in the middle of salary range for financial managers in state of Indiana. In comparison, the annual salary of financial managers in Michigan City-La Porte is 35.7 percent (35.7%) lower than that in the highest paying Columbus and 29.2 percent (29.2%) higher than that in the lowest paying Kokomo.

Cities/Areas Median Annual Salary
Columbus
$128,420
Indianapolis-Carmel
$111,250
Bloomington
$98,450
Fort Wayne
$97,330
Elkhart-Goshen
$93,600
Lafayette
$89,810
Southern Indiana nonmetropolitan area
$86,680
Michigan City-La Porte
$82,550
Muncie
$79,870
Central Indiana nonmetropolitan area
$78,780
Gary
$76,130
Northern Indiana nonmetropolitan area
$73,820
Terre Haute
$69,930
Anderson
$64,390
Kokomo
$58,420

See also: Top paying jobs in Michigan City-La Porte, Indiana.