The annual salary statistics of financial analysts in Lansing-East Lansing, Michigan is shown in Table 1. The wage statistics of financial analysts in Lansing-East Lansing 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 | $50,580 |
| 25th Percentile Wage | $63,070 |
| 50th Percentile Wage | $72,720 |
| 75th Percentile Wage | $82,460 |
| 90th Percentile Wage | $116,000 |
Table 1 shows the average annual salary for financial analysts in Lansing-East Lansing, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $116,000. The median (50th percentile) annual salary is $72,720. The average annual salary for the bottom 10 percent earners is $50,580.
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 | $72,720 | -7.12% | 12.14% |
| 2021 | $77,900 | 14.18% | - |
| 2018 | $66,850 | 2.96% | - |
| 2017 | $64,870 | 0.60% | - |
| 2016 | $64,480 | -5.29% | - |
| 2015 | $67,890 | 5.94% | - |
| 2014 | $63,860 | -3.41% | - |
| 2013 | $66,040 | 3.26% | - |
| 2012 | $63,890 | - | - |
From Table 3 we note that the median annual salary of $72,720 in Lansing-East Lansing is in the middle of salary range for financial analysts in state of Michigan. In comparison, the annual salary of financial analysts in Lansing-East Lansing is 20.9 percent (20.9%) lower than that in the highest paying Midland and 9.8 percent (9.8%) higher than that in the lowest paying Holland-Grand Haven.