The annual and hourly salary statistics of financial managers in Kalamazoo-Portage, Michigan are shown in Table 1 and Table 2, respectively. The wage data of financial managers in Kalamazoo-Portage is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 .
|Percentile Bracket||Average Annual Salary|
|10th Percentile Wage||$59,840|
|25th Percentile Wage||$80,470|
|50th Percentile Wage||$100,640|
|75th Percentile Wage||$131,610|
|90th Percentile Wage||$183,640|
Table 1 shows the average annual salary for financial managers in Kalamazoo-Portage, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $183,640. The median (50th percentile) annual salary is $100,640. The average annual salary for the bottom 10 percent earners is $59,840.
The table and chart below show the trend of the median salary of financial managers from 2012 to 2017.
|Year||Median Salary||Yearly Growth||5-Year Growth|
From Table 3 we note that the median annual salary of $100,640 in Kalamazoo-Portage is in the middle of salary range for financial managers in state of Michigan. In comparison, the annual salary of financial managers in Kalamazoo-Portage is 17.4 percent (17.4%) lower than that in the highest paying Detroit-Livonia-Dearborn and 25.4 percent (25.4%) higher than that in the lowest paying South Bend-Mishawaka.
|Cities/Areas||Median Annual Salary|
|Niles-Benton Harbor|| |
|Ann Arbor|| |
|Warren-Troy-Farmington Hills|| |
|Grand Rapids-Wyoming|| |
|Battle Creek|| |
|Lansing-East Lansing|| |
|Muskegon-Norton Shores|| |
|Bay City|| |
|Saginaw-Saginaw Township North|| |
|Holland-Grand Haven|| |
|Balance of Lower Peninsula of Michigan nonmetropolitan area|| |
|Upper Peninsula of Michigan nonmetropolitan area|| |
|Northwest Lower Peninsula of Michigan nonmetropolitan area|| |
|Northeast Lower Peninsula of Michigan nonmetropolitan area|| |
|South Bend-Mishawaka|| |