The annual salary statistics of economists in Warren-Troy-Farmington Hills, Michigan is shown in Table 1. The wage data of economists in Warren-Troy-Farmington Hills is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $67,010 |
| 25th Percentile Wage | $75,300 |
| 50th Percentile Wage | $92,840 |
| 75th Percentile Wage | $133,190 |
| 90th Percentile Wage | $144,560 |
Table 1 shows the average annual salary for economists in Warren-Troy-Farmington Hills, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $144,560. The median (50th percentile) annual salary is $92,840. The average annual salary for the bottom 10 percent earners is $67,010.
From Table 3 we note that the median annual salary of $92,840 in Warren-Troy-Farmington Hills is in the middle of salary range for economists in state of Michigan. In comparison, the annual salary of economists in Warren-Troy-Farmington Hills is 10.7 percent (10.7%) lower than that in the highest paying Ann Arbor and 27.4 percent (27.4%) higher than that in the lowest paying Detroit-Livonia-Dearborn.
| Cities/Areas | Median Annual Salary |
|---|---|
| Ann Arbor | |
| Kalamazoo-Portage | |
| Detroit-Warren-Livonia | |
| Warren-Troy-Farmington Hills | |
| Lansing-East Lansing | |
| Detroit-Livonia-Dearborn |