The annual salary statistics of financial examiners in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage statistics of financial examiners 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 | $50,770 |
| 25th Percentile Wage | $65,120 |
| 50th Percentile Wage | $85,550 |
| 75th Percentile Wage | $98,300 |
| 90th Percentile Wage | $143,020 |
Table 1 shows the average annual salary for financial examiners 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 $143,020. The median (50th percentile) annual salary is $85,550. The average annual salary for the bottom 10 percent earners is $50,770.
The table and chart below show the trend of the median salary of financial examiners from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $85,550 | 5.06% | 31.26% |
| 2021 | $81,220 | 10.37% | - |
| 2020 | $72,800 | 3.57% | - |
| 2019 | $70,200 | -13.06% | - |
| 2018 | $79,370 | -3.29% | - |
| 2017 | $81,980 | 1.55% | - |
| 2016 | $80,710 | 1.24% | - |
| 2015 | $79,710 | 8.94% | - |
| 2014 | $72,580 | 18.97% | - |
| 2012 | $58,810 | - | - |
From Table 3 we note that with a median annual salary of $85,550, Grand Rapids-Wyoming is the highest paying city for financial examiners in state of Michigan, followed by Detroit-Warren-Livonia (median annual salary $79,400). In comparison, the median annual salary of financial examiners in Grand Rapids-Wyoming is 7.2 percent (7.2%) higher than that in Detroit-Warren-Livonia.
| Cities/Areas | Median Annual Salary |
|---|---|
| Grand Rapids-Wyoming | |
| Detroit-Warren-Livonia | |
| Detroit-Livonia-Dearborn | |
| Lansing-East Lansing | |
| Ann Arbor | |
| Warren-Troy-Farmington Hills | |
| Kalamazoo-Portage | |
| Balance of Lower Peninsula of Michigan nonmetropolitan area |