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Financial Examiner Salary Information in Michigan

The average annual and hourly salaries for financial examiners in the state of Michigan are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of financial examiners amongst Michigan metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Financial Examiners in Michigan

Percentile BracketAverage Annual Salary
10th Percentile Wage
$47,370
25th Percentile Wage
$57,010
50th Percentile Wage
$71,900
75th Percentile Wage
$89,640
90th Percentile Wage
$127,080

Table 1 shows the average annual salary for financial examiners in Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $127,080. The median (50th percentile) annual salary is $71,900. The average annual salary for the bottom 10 percent is $47,370.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of financial examiners from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$71,900
5.87% 12.49%
2016
$67,680
5.04% -
2015
$64,270
-5.49% -
2014
$67,800
-3.61% -
2013
$70,250
10.43% -
2012
$62,920
- -

Table 3. Median Annual Salary of Financial Examiners in Michigan Cities

Table 3 shows the median annual salary of financial examiners in some Michigan cities and metropolitan areas. We note that the median annual salary of financial examiners in state of Michigan ranges from $37,810 to $81,980. The highest paying area for financial examiners in Michigan is Grand Rapids-Wyoming with a median annual salary of $81,980. The second highest paying city/area in Michigan State is Detroit-Livonia-Dearborn (mean annual salary $74,660). The lowest paying area is Balance of Lower Peninsula of Michigan nonmetropolitan area with a median annual salary of $37,810.

Cities/Areas Median Annual Salary
Grand Rapids-Wyoming
$81,980
Detroit-Livonia-Dearborn
$74,660
Lansing-East Lansing
$71,630
Detroit-Warren-Livonia
$71,190
Ann Arbor
$69,450
Warren-Troy-Farmington Hills
$59,450
Balance of Lower Peninsula of Michigan nonmetropolitan area
$37,810




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