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 .
|Percentile Bracket||Average 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.
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 $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|
|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|| |