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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 statistics of financial managers in Grand Rapids-Wyoming 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 Grand Rapids-Wyoming, Michigan

Percentile BracketAverage Annual Salary
10th Percentile Wage
$63,010
25th Percentile Wage
$78,300
50th Percentile Wage
$102,780
75th Percentile Wage
$134,170
90th Percentile Wage
$174,990

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 $174,990. The median (50th percentile) annual salary is $102,780. The average annual salary for the bottom 10 percent earners is $63,010.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$30.30
25th Percentile Wage
$37.64
50th Percentile Wage
$49.41
75th Percentile Wage
$64.50
90th Percentile Wage
$84.13

Table 2 shows the average hourly salary for financial managers in Grand Rapids-Wyoming, Michigan. The average hourly salary for the 90th percentile is $84.13. The median hourly salary is $49.41. The average hourly salary for the bottom 10 percent is $30.30.

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
2016102,7803.50%14.41%
201599,1804.14%-
201495,0702.82%-
201392,3904.78%-
201287,970--

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 $102,780 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 9.0 percent (9.0%) lower than that in the highest paying Jackson and 26.3 percent (26.3%) higher than that in the lowest paying Northeast Lower Peninsula of Michigan nonmetropolitan area.

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 Grand Rapids-Wyoming, Michigan.