The annual salary statistics of financial analysts in Niles-Benton Harbor, Michigan is shown in Table 1. The wage information of financial analysts in Niles-Benton Harbor 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 | $59,240 |
| 25th Percentile Wage | $69,950 |
| 50th Percentile Wage | $80,130 |
| 75th Percentile Wage | $98,500 |
| 90th Percentile Wage | $123,000 |
Table 1 shows the average annual salary for financial analysts in Niles-Benton Harbor, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $123,000. The median (50th percentile) annual salary is $80,130. The average annual salary for the bottom 10 percent earners is $59,240.
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 | $80,130 | -16.21% | 7.43% |
| 2021 | $93,120 | 7.45% | - |
| 2018 | $86,180 | 12.45% | - |
| 2017 | $75,450 | 1.68% | - |
| 2016 | $74,180 | 5.96% | - |
| 2015 | $69,760 | -6.57% | - |
| 2014 | $74,340 | 1.14% | - |
| 2013 | $73,490 | -0.94% | - |
| 2012 | $74,180 | - | - |
From Table 3 we note that the median annual salary of $80,130 in Niles-Benton Harbor is in the middle of salary range for financial analysts in state of Michigan. In comparison, the annual salary of financial analysts in Niles-Benton Harbor is 12.9 percent (12.9%) lower than that in the highest paying Midland and 18.2 percent (18.2%) higher than that in the lowest paying Holland-Grand Haven.