The annual salary statistics of financial analysts in Detroit-Livonia-Dearborn, Michigan is shown in Table 1. The wage information of financial analysts in Detroit-Livonia-Dearborn 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 | $52,070 |
| 25th Percentile Wage | $63,580 |
| 50th Percentile Wage | $82,130 |
| 75th Percentile Wage | $100,760 |
| 90th Percentile Wage | $122,190 |
Table 1 shows the average annual salary for financial analysts in Detroit-Livonia-Dearborn, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $122,190. The median (50th percentile) annual salary is $82,130. The average annual salary for the bottom 10 percent earners is $52,070.
The table and chart below show the trend of the median salary of financial analysts from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $82,130 | -3.25% | 3.82% |
| 2016 | $84,800 | -1.69% | - |
| 2015 | $86,230 | 7.48% | - |
| 2014 | $79,780 | 0.70% | - |
| 2013 | $79,220 | 0.29% | - |
| 2012 | $78,990 | - | - |
From Table 3 we note that the median annual salary of $82,130 in Detroit-Livonia-Dearborn is in the middle of salary range for financial analysts in state of Michigan. In comparison, the annual salary of financial analysts in Detroit-Livonia-Dearborn is 10.7 percent (10.7%) lower than that in the highest paying Midland and 20.2 percent (20.2%) higher than that in the lowest paying Holland-Grand Haven.