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

The annual and hourly salary statistics of financial managers in Detroit-Warren-Livonia, Michigan are shown in Table 1 and Table 2, respectively. The wage data of financial managers in Detroit-Warren-Livonia 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 Detroit-Warren-Livonia, Michigan

Percentile BracketAverage Annual Salary
10th Percentile Wage
$68,320
25th Percentile Wage
$85,730
50th Percentile Wage
$112,730
75th Percentile Wage
$154,590
90th Percentile Wage
$185,440

Table 1 shows the average annual salary for financial managers in Detroit-Warren-Livonia, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $185,440. The median (50th percentile) annual salary is $112,730. The average annual salary for the bottom 10 percent earners is $68,320.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$32.85
25th Percentile Wage
$41.21
50th Percentile Wage
$54.20
75th Percentile Wage
$74.31
90th Percentile Wage
$89.15

Table 2 shows the average hourly salary for financial managers in Detroit-Warren-Livonia, Michigan. The average hourly salary for the 90th percentile is $89.15. The median hourly salary is $54.20. The average hourly salary for the bottom 10 percent is $32.85.

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
2016112,7301.22%5.43%
2015111,3500.84%-
2014110,420-1.54%-
2013112,1204.91%-
2012106,610--

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

From Table 3 we note that with a median annual salary of $112,730, Detroit-Warren-Livonia is the second highest paying city for financial managers in state of Michigan, following the highest paying city Jackson (median annual salary of $112,920). Compared with Jackson, the median annual salary of financial managers in Detroit-Warren-Livonia is .2 percent (.2%) lower.

Cities/Areas Median Annual Salary
Jackson
$112,920
Detroit-Warren-Livonia
$112,730
Niles-Benton Harbor
$111,770
Warren-Troy-Farmington Hills
$111,190
Flint
$110,110
Ann Arbor
$109,530
Kalamazoo-Portage
$109,020
Detroit-Livonia-Dearborn
$108,970
Battle Creek
$105,980
Grand Rapids-Wyoming
$102,780
Lansing-East Lansing
$102,770
Saginaw-Saginaw Township North
$99,390
Muskegon-Norton Shores
$96,310
Monroe
$96,100
Upper Peninsula of Michigan nonmetropolitan area
$93,730
Northwest Lower Peninsula of Michigan nonmetropolitan area
$90,050
Holland-Grand Haven
$89,090
South Bend-Mishawaka
$88,250
Balance of Lower Peninsula of Michigan nonmetropolitan area
$84,940
Bay City
$77,860
Northeast Lower Peninsula of Michigan nonmetropolitan area
$75,800

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