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Financial Manager Salary Information in Detroit-Livonia-Dearborn, Michigan

The annual and hourly salary statistics of financial managers in Detroit-Livonia-Dearborn, Michigan are shown in Table 1 and Table 2, respectively. The wage information of financial managers in Detroit-Livonia-Dearborn is 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 & Table 2. Annual & Hourly Salaries of Financial Managers in Detroit-Livonia-Dearborn, Michigan

Percentile BracketAverage Annual Salary
10th Percentile Wage
$70,110
25th Percentile Wage
$89,660
50th Percentile Wage
$121,810
75th Percentile Wage
$164,310
90th Percentile Wage
$202,130

Table 1 shows the average annual salary for financial managers in Detroit-Livonia-Dearborn, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $202,130. The median (50th percentile) annual salary is $121,810. The average annual salary for the bottom 10 percent earners is $70,110.

Salary Trend (2012 to 2017)

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

YearMedian SalaryYearly Growth5-Year Growth
2017
$121,810
10.54% 10.46%
2016
$108,970
1.13% -
2015
$107,740
-0.63% -
2014
$108,420
-2.55% -
2013
$111,180
1.90% -
2012
$109,070
- -

Table 3. Compare Financial Manager Salary in Detroit-Livonia-Dearborn with Other Michigan Cities

From Table 3 we note that with a median annual salary of $121,810, Detroit-Livonia-Dearborn is the highest paying city for financial managers in state of Michigan, followed by Detroit-Warren-Livonia (median annual salary $121,750). In comparison, the median annual salary of financial managers in Detroit-Livonia-Dearborn is .0 percent (.0%) higher than that in Detroit-Warren-Livonia.

Cities/Areas Median Annual Salary
Detroit-Livonia-Dearborn
$121,810
Detroit-Warren-Livonia
$121,750
Jackson
$119,700
Niles-Benton Harbor
$118,720
Ann Arbor
$115,480
Warren-Troy-Farmington Hills
$111,190
Grand Rapids-Wyoming
$108,400
Battle Creek
$105,720
Monroe
$104,330
Kalamazoo-Portage
$100,640
Flint
$100,450
Lansing-East Lansing
$99,240
Muskegon-Norton Shores
$96,740
Bay City
$95,680
Saginaw-Saginaw Township North
$94,470
Holland-Grand Haven
$89,090
Balance of Lower Peninsula of Michigan nonmetropolitan area
$88,520
Upper Peninsula of Michigan nonmetropolitan area
$84,890
Northwest Lower Peninsula of Michigan nonmetropolitan area
$81,720
Northeast Lower Peninsula of Michigan nonmetropolitan area
$75,160
South Bend-Mishawaka
$75,060



See also: Top paying jobs in Detroit-Livonia-Dearborn, Michigan.