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 information of financial managers in Monroe 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 Monroe, Michigan

Percentile BracketAverage Annual Salary
10th Percentile Wage
$75,890
25th Percentile Wage
$86,730
50th Percentile Wage
$96,100
75th Percentile Wage
$105,740
90th Percentile Wage
$131,430

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 $131,430. The median (50th percentile) annual salary is $96,100. The average annual salary for the bottom 10 percent earners is $75,890.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$36.49
25th Percentile Wage
$41.69
50th Percentile Wage
$46.20
75th Percentile Wage
$50.84
90th Percentile Wage
$63.19

Table 2 shows the average hourly salary for financial managers in Monroe, Michigan. The average hourly salary for the 90th percentile is $63.19. The median hourly salary is $46.20. The average hourly salary for the bottom 10 percent is $36.49.

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
201696,1003.29%9.03%
201592,9400.70%-
201492,2908.47%-
201384,470-3.49%-
201287,420--

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

From Table 3 we note that the median annual salary of $96,100 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 14.9 percent (14.9%) lower than that in the highest paying Jackson and 21.1 percent (21.1%) 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 Monroe, Michigan.