The annual salary statistics of financial managers in Saginaw-Saginaw Township North, Michigan is shown in Table 1. The wage data of financial managers in Saginaw-Saginaw Township North is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2019 and published in April 2020 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $54,470 |
| 25th Percentile Wage | $70,020 |
| 50th Percentile Wage | $91,850 |
| 75th Percentile Wage | $143,220 |
| 90th Percentile Wage | $187,950 |
Table 1 shows the average annual salary for financial managers in Saginaw-Saginaw Township North, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $187,950. The median (50th percentile) annual salary is $91,850. The average annual salary for the bottom 10 percent earners is $54,470.
The table and chart below show the trend of the median salary of financial managers from 2012 to 2019.
| Year | Median Salary | Yearly Growth | 7-Year Growth |
|---|---|---|---|
| 2019 | $91,850 | -5.73% | 4.90% |
| 2018 | $97,110 | 2.72% | - |
| 2017 | $94,470 | -5.21% | - |
| 2016 | $99,390 | -1.71% | - |
| 2015 | $101,090 | 4.39% | - |
| 2014 | $96,650 | 2.33% | - |
| 2013 | $94,400 | 7.47% | - |
| 2012 | $87,350 | - | - |
From Table 3 we note that the median annual salary of $91,850 in Saginaw-Saginaw Township North is in the middle of salary range for financial managers in state of Michigan. In comparison, the annual salary of financial managers in Saginaw-Saginaw Township North is 29.9 percent (29.9%) lower than that in the highest paying Detroit-Warren-Livonia and 20.1 percent (20.1%) higher than that in the lowest paying Northeast Lower Peninsula of Michigan nonmetropolitan area.