The annual salary statistics of other financial clerks in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage data of other financial clerks in Grand Rapids-Wyoming 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 | $37,710 |
| 25th Percentile Wage | $42,380 |
| 50th Percentile Wage | $42,390 |
| 75th Percentile Wage | $42,410 |
| 90th Percentile Wage | $55,390 |
Table 1 shows the average annual salary for other financial clerks in Grand Rapids-Wyoming, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $55,390. The median (50th percentile) annual salary is $42,390. The average annual salary for the bottom 10 percent earners is $37,710.
The table and chart below show the trend of the median salary of other financial clerks from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $42,390 | 10.24% | 11.65% |
| 2021 | $38,050 | -2.86% | - |
| 2020 | $39,140 | 17.81% | - |
| 2016 | $32,170 | -2.80% | - |
| 2015 | $33,070 | -4.84% | - |
| 2014 | $34,670 | -10.04% | - |
| 2013 | $38,150 | 1.83% | - |
| 2012 | $37,450 | - | - |
From Table 3 we note that with a median annual salary of $42,390, Grand Rapids-Wyoming is the second highest paying city for other financial clerks in state of Michigan, following the highest paying city Detroit-Warren-Livonia (median annual salary of $44,980). Compared with Detroit-Warren-Livonia, the median annual salary of other financial clerks in Grand Rapids-Wyoming is 5.8 percent (5.8%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Detroit-Warren-Livonia | |
| Grand Rapids-Wyoming | |
| Flint | |
| Lansing-East Lansing | |
| Kalamazoo-Portage | |
| Detroit-Livonia-Dearborn | |
| Ann Arbor | |
| Balance of Lower Peninsula of Michigan nonmetropolitan area | |
| Warren-Troy-Farmington Hills |