The annual salary statistics of financial analysts in Kalamazoo-Portage, Michigan is shown in Table 1. The wage information of financial analysts in Kalamazoo-Portage 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 | $60,770 |
| 25th Percentile Wage | $62,070 |
| 50th Percentile Wage | $80,530 |
| 75th Percentile Wage | $98,060 |
| 90th Percentile Wage | $100,580 |
Table 1 shows the average annual salary for financial analysts in Kalamazoo-Portage, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $100,580. The median (50th percentile) annual salary is $80,530. The average annual salary for the bottom 10 percent earners is $60,770.
The table and chart below show the trend of the median salary of financial analysts from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $80,530 | 6.61% | 18.49% |
| 2021 | $75,210 | 6.18% | - |
| 2018 | $70,560 | 13.87% | - |
| 2017 | $60,770 | -3.49% | - |
| 2016 | $62,890 | 5.20% | - |
| 2015 | $59,620 | -16.32% | - |
| 2014 | $69,350 | 7.71% | - |
| 2013 | $64,000 | -2.56% | - |
| 2012 | $65,640 | - | - |
From Table 3 we note that the median annual salary of $80,530 in Kalamazoo-Portage is in the middle of salary range for financial analysts in state of Michigan. In comparison, the annual salary of financial analysts in Kalamazoo-Portage is 12.5 percent (12.5%) lower than that in the highest paying Midland and 18.6 percent (18.6%) higher than that in the lowest paying Holland-Grand Haven.