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Financial analyst salary in Michigan

Updated November 2, 2026. Based on U.S. Bureau of Labor Statistics data. Published by Humblebee.

$95,420median pay per year in Michigan, or $45.88 an hour, May 2025[1]
  1. $63,180lowest 10% earn less
  2. $76,29025th percentile
  3. $95,420median
  4. $121,58075th percentile
  5. $154,230top 10% earn more
Middle half of workers in the inner band[2]US median for this job, $102,740[3]

The median pay for financial analysts in Michigan was $95,420 a year in May 2025[1]. That was $7,320 lower than the US median[6].

Jobs in MI
7,400[4]
Rank by median pay
27 of 51[5]
Compared with US median
−7.1%[6]

How much do financial analysts make in Michigan?

Half of financial analysts in Michigan earned more than $95,420 a year, and half earned less[1]. That works out to $45.88 an hour[1]. The mean was higher, at $104,060 a year[7]. For comparison, the median across all jobs in the state was $49,270[8], so financial analysts earned $46,150 more[9].

Across the US, the median for financial analysts was $102,740[3]. Michigan came in 7.1% lower[6] and ranked 27th among the 50 states and DC[5]. The lowest-paid 10% earned less than $63,180, while the highest-paid 10% earned more than $154,230[2]. The middle half fell between $76,290 and $121,580[2].

By metro area, Monroe, MI had the highest median at $102,320[10]. The Detroit-Warren-Dearborn area had 3,930 jobs and a median of $101,550[11]. Ann Arbor was at $98,620[11]. OEWS counts wage and salary workers only. It leaves out the self-employed and does not include nonproduction bonuses or the cost of benefits[12].

Michigan vs US pay

Pay for financial analysts in Michigan next to the national figures[1][3].

MIUS
Median per year$95,420[1]$102,740[3]
Median per hour$45.88[1]$49.40[3]
Lowest 10% earn less than$63,180[2]$63,720[13]
Top 10% earn more than$154,230[2]$180,860[13]
Jobs7,400[4]361,980[3]

Pay by metro area in Michigan

Metro areas in Michigan with the most jobs for financial analysts, and the median pay in each[11]. A metro area that crosses state lines is counted as a whole.

Metro areaMedian per yearJobs
Detroit-Warren-Dearborn, MI[11]$101,5503,930
Grand Rapids-Wyoming-Kentwood, MI$88,210940
Lansing-East Lansing, MI$83,420510
Ann Arbor, MI$98,620340
Kalamazoo-Portage, MI$79,440170
Flint, MI$80,840130
South Bend-Mishawaka, IN-MI$77,690120
Jackson, MI$89,700100

Pay in nearby states

Median pay for financial analysts in the states that border Michigan, highest first[14].

StateMedian per yearJobs
Wisconsin[14]$95,5705,430
Ohio$94,2809,760
Indiana$81,7603,680

Median pay for financial analysts in every state

Job outlook and training

Across the US, jobs for financial analysts are projected to grow 7.2% from 2025 to 2035[15]. BLS does not publish this projection by state. The typical education for entry is: bachelor's degree[16].

How to become one: steps, training and duties

Frequently asked questions

How much does a financial analyst make in Michigan?
The median was $95,420 a year in May 2025[1]. The average was $104,060[7].
How much does a financial analyst make an hour in Michigan?
The median was $45.88 an hour[1]. The 25th percentile was $36.68 an hour and the 75th was $58.45[17].
Which city in Michigan pays financial analysts the most?
Monroe, MI had the highest median among metro areas with a published figure, at $102,320 a year[10]. Detroit-Warren-Dearborn was at $101,550[11].
Is Michigan a good state for financial analysts?
Michigan ranked 27th of 50 states and DC for median pay[5]. Its median was 7.1% lower than the US median[6]. Wisconsin was at $95,570 and Ohio at $94,280[14].
What do you need to become a financial analyst in Michigan?
This is a US figure, not a Michigan one. Across the US, the typical entry education is a Bachelor's degree, with no related work experience or on-the-job training needed[16].

Facts and sources

  1. BLS OEWS, May 2025: the median wage for Financial and Investment Analysts in Michigan was $95,420 per year and $45.88 per hour. Half of these workers earned more and half earned less. BLS OEWS, May 2025
  2. BLS OEWS, May 2025, annual wage percentiles for Financial and Investment Analysts in Michigan: 10th percentile $63,180, 25th percentile $76,290, 75th percentile $121,580, 90th percentile $154,230. The 10th percentile means 10% of workers earned less, the 90th means 10% earned more. BLS OEWS, May 2025
  3. BLS OEWS, May 2025: the median wage for Financial and Investment Analysts in the US as a whole was $102,740 per year and $49.40 per hour, with about 361,980 jobs nationwide. BLS OEWS, May 2025
  4. BLS OEWS, May 2025: about 7,400 people worked as Financial and Investment Analysts in Michigan (wage and salary jobs, not counting self-employed workers). BLS OEWS, May 2025
  5. BLS OEWS, May 2025: Michigan had the 27th highest median annual wage for Financial and Investment Analysts out of the 50 states and DC with a published median. BLS OEWS, May 2025
  6. CareerFacts calculation from BLS OEWS, May 2025: the median annual wage for Financial and Investment Analysts in Michigan ($95,420) was $7,320 (7.1%) lower than the US median ($102,740). BLS OEWS, May 2025
  7. BLS OEWS, May 2025: the mean (average) wage for Financial and Investment Analysts in Michigan was $104,060 per year and $50.03 per hour. BLS OEWS, May 2025
  8. BLS OEWS, May 2025: the median annual wage for all occupations in Michigan was $49,270. BLS OEWS, May 2025
  9. CareerFacts calculation from BLS OEWS, May 2025: the median annual wage for Financial and Investment Analysts in Michigan was $46,150 higher than the median for all occupations in the state ($49,270). BLS OEWS, May 2025
  10. BLS OEWS, May 2025: of the 15 metro areas in or partly in Michigan with a published median for Financial and Investment Analysts, Monroe, MI had the highest median annual wage, $102,320. BLS OEWS, May 2025
  11. Metro areas with the most jobs in this occupation, with median annual wage, May 2025 (table on this page). BLS OEWS, May 2025
  12. BLS OEWS FAQ: OEWS covers part-time and full-time workers paid a wage or salary. It does not cover the self-employed, owners and partners in unincorporated firms, household workers or unpaid family workers. OEWS wages do not include nonproduction bonuses or employer costs of benefits such as health insurance or retirement contributions. BLS OEWS, May 2025
  13. BLS OEWS, May 2025, annual wage percentiles for Financial and Investment Analysts in the US: 10th percentile $63,720, 25th percentile $79,290, 75th percentile $133,340, 90th percentile $180,860. BLS OEWS, May 2025
  14. BLS OEWS, May 2025, median annual wage for Financial and Investment Analysts in states that border Michigan (highest first): Wisconsin $95,570; Ohio $94,280; Indiana $81,760. BLS OEWS, May 2025
  15. BLS Employment Projections (US, not by state): employment of Financial and Investment Analysts is projected to grow 7.2% nationwide from 2025 to 2035, with about 24,700 openings a year on average. All occupations are projected to grow 3.5%. BLS Employment Projections
  16. BLS Employment Projections (US, not by state), typical path into Financial and Investment Analysts: education needed for entry: Bachelor's degree; work experience in a related occupation: None; typical on-the-job training: None. BLS Employment Projections
  17. BLS OEWS, May 2025, hourly wage percentiles for Financial and Investment Analysts in Michigan: 10th percentile $30.38, 25th percentile $36.68, 75th percentile $58.45, 90th percentile $74.15. BLS OEWS, May 2025

State figures cover only Michigan. Job outlook and entry requirements are national (US) figures: BLS does not publish them by state in our sources. Figures labelled “CareerFacts calculation” are simple differences between the BLS numbers shown.