The annual salary statistics of financial analysts in South Bend-Mishawaka, Michigan is shown in Table 1. The wage information of financial analysts in South Bend-Mishawaka 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 | $48,700 |
| 25th Percentile Wage | $61,380 |
| 50th Percentile Wage | $78,070 |
| 75th Percentile Wage | $97,410 |
| 90th Percentile Wage | $124,810 |
Table 1 shows the average annual salary for financial analysts in South Bend-Mishawaka, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $124,810. The median (50th percentile) annual salary is $78,070. The average annual salary for the bottom 10 percent earners is $48,700.
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 | $78,070 | 18.44% | 24.54% |
| 2021 | $63,670 | -10.88% | - |
| 2018 | $70,600 | 0.62% | - |
| 2017 | $70,160 | -5.46% | - |
| 2016 | $73,990 | 4.87% | - |
| 2015 | $70,390 | -0.04% | - |
| 2014 | $70,420 | 10.11% | - |
| 2013 | $63,300 | 6.94% | - |
| 2012 | $58,910 | - | - |
From Table 3 we note that the median annual salary of $78,070 in South Bend-Mishawaka is in the middle of salary range for financial analysts in state of Michigan. In comparison, the annual salary of financial analysts in South Bend-Mishawaka is 15.1 percent (15.1%) lower than that in the highest paying Midland and 16.0 percent (16.0%) higher than that in the lowest paying Holland-Grand Haven.