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Financial Manager Salary Information in Grand Rapids-Wyoming, Michigan

The annual and hourly salary statistics of financial managers in Grand Rapids-Wyoming, Michigan are shown in Table 1 and Table 2, respectively. The wage data of financial managers in Grand Rapids-Wyoming 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 Grand Rapids-Wyoming, Michigan

Percentile BracketAverage Annual Salary
10th Percentile Wage
$66,850
25th Percentile Wage
$81,010
50th Percentile Wage
$108,400
75th Percentile Wage
$143,420
90th Percentile Wage
$185,580

Table 1 shows the average annual salary for financial managers in Grand Rapids-Wyoming, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $185,580. The median (50th percentile) annual salary is $108,400. The average annual salary for the bottom 10 percent earners is $66,850.

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
$108,400
5.18% 18.85%
2016
$102,780
3.50% -
2015
$99,180
4.14% -
2014
$95,070
2.82% -
2013
$92,390
4.78% -
2012
$87,970
- -

Table 3. Compare Financial Manager Salary in Grand Rapids-Wyoming with Other Michigan Cities

From Table 3 we note that the median annual salary of $108,400 in Grand Rapids-Wyoming is in the middle of salary range for financial managers in state of Michigan. In comparison, the annual salary of financial managers in Grand Rapids-Wyoming is 11.0 percent (11.0%) lower than that in the highest paying Detroit-Livonia-Dearborn and 30.8 percent (30.8%) higher than that in the lowest paying South Bend-Mishawaka.

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 Grand Rapids-Wyoming, Michigan.