Financial and Investment Analysts salary in Michigan
Financial and Investment Analysts in Michigan earn a median of $95,420 a year ($45.88 an hour), based on BLS data for 7,400 workers.
Pay ranges from $63,180 for the lowest-paid 10% to $154,230 for the top 10%. That is 7% lower than the national median of $102,740. Michigan ranks 27th of 51 states for financial and investment analysts pay. There are 1.7 financial and investment analysts per 1,000 jobs here — the job is less common than nationally (location quotient 0.72). The average (mean) salary is $104,060, above the median because a few high earners pull it up.
Pay range for financial and investment analysts in Michigan
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $63,180 | $30.38 |
| 25th percentile | $76,290 | $36.68 |
| Median | $95,420 | $45.88 |
| 75th percentile | $121,580 | $58.45 |
| 90th percentile (top earners) | $154,230 | $74.15 |
| Average (mean) | $104,060 | $50.03 |
Half of financial and investment analysts earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $7,951.67 |
| Semi-monthly (24 a year) | $3,975.83 |
| Biweekly (26 a year) | $3,670 |
| Weekly | $1,835 |
| Hourly | $45.88 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $95,420 salary, see how much house you can afford in Michigan at today's mortgage rates, or work out a payment with the mortgage calculator.
Financial and Investment Analysts salary in cities in Michigan
| Metro area | Median salary | Workers |
|---|---|---|
| Monroe, MI | $102,320 | 60 |
| Detroit-Warren-Dearborn, MI | $101,550 | 3,930 |
| Ann Arbor, MI | $98,620 | 340 |
| Jackson, MI | $89,700 | 100 |
| Saginaw, MI | $88,570 | 70 |
| Grand Rapids-Wyoming-Kentwood, MI | $88,210 | 940 |
| Muskegon-Norton Shores, MI | $86,110 | 40 |
| Lansing-East Lansing, MI | $83,420 | 510 |
| Midland, MI | $82,340 | 40 |
| Niles, MI | $82,070 | 30 |
| Flint, MI | $80,840 | 130 |
| Traverse City, MI | $80,100 | 50 |
| Kalamazoo-Portage, MI | $79,440 | 170 |
| Battle Creek, MI | $78,900 | 50 |
| South Bend-Mishawaka, IN-MI | $77,690 | 120 |
Highest-paying states for financial and investment analysts
| State | Median salary |
|---|---|
| Wyoming | $187,090 |
| New York | $127,930 |
| Oregon | $120,590 |
| Massachusetts | $111,040 |
| Connecticut | $109,500 |
| California | $109,110 |
| New Jersey | $108,610 |
| Washington | $107,210 |
| District of Columbia | $105,780 |
| Virginia | $105,490 |
Related jobs in Michigan
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $78,820 | $37.89 |
| Loan Officer | $74,470 | $35.80 |
| Personal Financial Advisor | $77,930 | $37.47 |
| Financial Specialists, All Other | $75,040 | $36.08 |
| Insurance Underwriter | $77,380 | $37.20 |
| Property Appraisers and Assessors | $64,270 | $30.90 |
| Tax Preparer | $46,400 | $22.31 |
| Credit Analyst | $74,640 | $35.89 |
| Credit Counselor | $52,160 | $25.08 |
| Financial Risk Specialist | $103,940 | $49.97 |
| Tax Examiners and Collectors, and Revenue Agents | $63,440 | $30.50 |
| Budget Analyst | $96,430 | $46.36 |
| Financial Examiner | $71,050 | $34.16 |
| Human Resources Specialist | $69,520 | $33.42 |
More: Business and Financial Operations Occupations · all salaries in Michigan
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2051. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a financial and investment analysts make in Michigan?
The median salary for financial and investment analysts in Michigan is $95,420 a year, or $45.88 an hour. Pay ranges from $63,180 for the lowest-paid 10% to $154,230 for the top 10%.
How much do the highest-paid financial and investment analysts make in Michigan?
The top 10% of financial and investment analysts in Michigan earn at least $154,230 a year. The top 25% earn $121,580 or more.
What is the starting pay for financial and investment analysts in Michigan?
Entry-level pay (the 10th percentile) is about $63,180 a year, and a quarter of financial and investment analysts earn $76,290 or less.
How many financial and investment analysts work in Michigan?
About 7,400 financial and investment analysts are employed in Michigan, not counting the self-employed.