Financial Managers pay in Michigan
The employment-weighted average of local median wages for Financial Managers in Michigan is $146,369, based on 22,170 workers. Among the 23 states with published data, that ranks number 22. The BLS national median for the occupation is $166,570, so Michigan averages 12.1% below it.
Published data for Michigan currently covers the Detroit-Warren-Dearborn, MI area, with a local median wage of $160,240.
Cost of living for Financial Managers in Michigan
We compare 6 Michigan counties after federal, Social Security, Medicare and state taxes and the four basics: a one-bedroom rental, food, home energy and gasoline. Wayne County, MI leaves the largest yearly margin, $92,562. Livingston County, MI leaves the smallest, $91,074. The median wage covers all four basics in 6 of the 6 counties.
Financial Managers in other states
The states with the highest average local median wages for Financial Managers are New York ($213,114), New Jersey ($210,073), New Hampshire ($201,729) and Massachusetts ($199,757).
Frequently asked questions: Financial Managers in Michigan
How much do Financial Managers earn in Michigan?
The employment-weighted average of local median wages is $146,369.
Which Michigan county is best for Financial Managers?
Wayne County, MI leaves the largest yearly margin after taxes and the four basics ($92,562). Oakland County, MI follows at $92,562.