Financial Managers Salary in Michigan
As of May 2025, the median annual wage for financial managers in Michigan was $139,370 -16.3% vs national
Michigan vs United States
| Michigan | United States | |
|---|---|---|
| Median annual | $139,370 | $166,570 |
| Median hourly | $67.01 | $80.08 |
| Employment | 22,490 | 841,710 |
| Location quotient | 0.94 | 1.00 |
Data source: BLS OES state file (Michigan) · U.S. BLS OES survey, May 2025
Reading the data
The median wage in Michigan is 16.3% below the national median — a difference of about $27,200 per year for a typical worker.
Frequently Asked Questions
What is the average financial managers salary in Michigan?
The median annual wage in Michigan is $139,370 ($67.01 per hour), per BLS OES May 2025 data.
How does Michigan compare to the national average for financial managers?
The Michigan median of $139,370 is 16.3% lower than the U.S. median of $166,570.
How many financial managers work in Michigan?
Approximately 22,490 are employed in Michigan, per BLS OES.