The annual salary statistics of other financial specialists in Detroit-Warren-Livonia, Michigan is shown in Table 1. The wage information of other financial specialists in Detroit-Warren-Livonia 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 | $49,190 |
| 25th Percentile Wage | $64,290 |
| 50th Percentile Wage | $82,560 |
| 75th Percentile Wage | $121,250 |
| 90th Percentile Wage | $126,950 |
Table 1 shows the average annual salary for other financial specialists in Detroit-Warren-Livonia, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $126,950. The median (50th percentile) annual salary is $82,560. The average annual salary for the bottom 10 percent earners is $49,190.
The table and chart below show the trend of the median salary of other financial specialists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $82,560 | 3.75% | 23.13% |
| 2021 | $79,460 | 16.94% | - |
| 2018 | $66,000 | 2.52% | - |
| 2017 | $64,340 | -6.78% | - |
| 2016 | $68,700 | -5.66% | - |
| 2015 | $72,590 | 5.30% | - |
| 2014 | $68,740 | 5.09% | - |
| 2013 | $65,240 | 2.73% | - |
| 2012 | $63,460 | - | - |
From Table 3 we note that the median annual salary of $82,560 in Detroit-Warren-Livonia is in the middle of salary range for other financial specialists in state of Michigan. In comparison, the annual salary of other financial specialists in Detroit-Warren-Livonia is 5.4 percent (5.4%) lower than that in the highest paying Battle Creek and 46.4 percent (46.4%) higher than that in the lowest paying Monroe.