Financial Manager Salary Information in Monroe, Michigan

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$70,550
25th Percentile Wage
$84,410
50th Percentile Wage
$104,330
75th Percentile Wage
$132,500
90th Percentile Wage
$169,420

Table 1 shows the average annual salary for financial managers in Monroe, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $169,420. The median (50th percentile) annual salary is $104,330. The average annual salary for the bottom 10 percent earners is $70,550.

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
$104,330
7.89% 16.21%
2016
$96,100
3.29% -
2015
$92,940
0.70% -
2014
$92,290
8.47% -
2013
$84,470
-3.49% -
2012
$87,420
- -

Table 3. Compare Financial Manager Salary in Monroe with Other Michigan Cities

From Table 3 we note that the median annual salary of $104,330 in Monroe is in the middle of salary range for financial managers in state of Michigan. In comparison, the annual salary of financial managers in Monroe is 14.4 percent (14.4%) lower than that in the highest paying Detroit-Livonia-Dearborn and 28.1 percent (28.1%) 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 Monroe, Michigan.