Financial Managers pay in Michigan
In Michigan, the median pay for financial managers is $67.01 an hour ($139,370 a year). About 22,490 people work in this job there.
That is 16% lower than the U.S. median ($166,570). Michigan ranks 32nd of 51 states and territories for this job’s median pay.
Pay range for financial managers in Michigan
| Earns more than | Hourly | Yearly |
|---|---|---|
| 10% of workers | $38.60 | $80,280 |
| 25% of workers | $50.71 | $105,490 |
| Half of workers (median) | $67.01 | $139,370 |
| 75% of workers | $87.56 | $182,120 |
| 90% of workers | $124.27 | $258,480 |
Financial Managers pay in Michigan metro areas
| Metro area | Median yearly pay | People in this job |
|---|---|---|
| Midland | $173,080 | 310 |
| Detroit-Warren-Dearborn | $160,240 | 11,670 |
| Jackson | $149,930 | 310 |
| Monroe | $140,110 | 150 |
| Ann Arbor | $139,500 | 820 |
| Grand Rapids-Wyoming-Kentwood | $133,380 | 2,820 |
| Lansing-East Lansing | $132,590 | 1,190 |
| Kalamazoo-Portage | $130,760 | 560 |
| Saginaw | $129,020 | 410 |
| Flint | $128,950 | 500 |
| Niles | $127,650 | 260 |
| Battle Creek | $127,370 | 180 |
| Bay City | $124,130 | 120 |
| Muskegon-Norton Shores | $120,070 | 180 |
| Traverse City | $119,810 | 310 |
Michigan unemployment rate: 5% (August 2026), U.S. Bureau of Labor Statistics.
Education, experience and outlook for financial managers
- Typical education to start: Bachelor's degree (BLS)
- Experience usually needed to start: 5 years or more (BLS)
- Job outlook: +9.7% over ten years, much faster than average · about 65,600 openings a year (BLS)
Related jobs in Michigan
| Job | Median yearly pay |
|---|---|
| Computer and Information Systems Managers | $163,760 |
| Industrial Production Managers | $120,660 |
| Transportation, Storage, and Distribution Managers | $99,100 |
| Administrative Services Managers | $108,210 |
| Human Resources Managers | $138,930 |
| Facilities Managers | $98,150 |
| Purchasing Managers | $142,120 |
| Training and Development Managers | $118,630 |
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Post a job freeFind jobsCheck pay for any jobSource: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.