The annual salary statistics of other financial specialists in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage data of other financial specialists 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 | $43,830 |
| 25th Percentile Wage | $56,180 |
| 50th Percentile Wage | $73,240 |
| 75th Percentile Wage | $103,100 |
| 90th Percentile Wage | $117,480 |
Table 1 shows the average annual salary for other financial specialists 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 $117,480. The median (50th percentile) annual salary is $73,240. The average annual salary for the bottom 10 percent earners is $43,830.
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 | $73,240 | 12.81% | 14.83% |
| 2021 | $63,860 | 21.09% | - |
| 2018 | $50,390 | -2.16% | - |
| 2017 | $51,480 | -1.94% | - |
| 2016 | $52,480 | -8.04% | - |
| 2015 | $56,700 | -1.57% | - |
| 2014 | $57,590 | -13.51% | - |
| 2013 | $65,370 | 4.57% | - |
| 2012 | $62,380 | - | - |
From Table 3 we note that the median annual salary of $73,240 in Grand Rapids-Wyoming 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 Grand Rapids-Wyoming is 16.1 percent (16.1%) lower than that in the highest paying Battle Creek and 39.5 percent (39.5%) higher than that in the lowest paying Monroe.