Financial Manager salary in Lansing-East Lansing, MI
Financial Managers in the Lansing-East Lansing, MI metro area earn a median of $132,590 a year ($63.74 an hour), based on BLS data for 1,190 workers.
Pay ranges from $80,780 for the lowest-paid 10% to $213,640 for the top 10%. That is 20% lower than the national median of $166,570. Pay here is 5% lower than the Michigan statewide median of $139,370. There are 5.5 financial managers per 1,000 jobs here — close to the national average. The average (mean) salary is $143,210, above the median because a few high earners pull it up.
Pay range for financial managers in Lansing-East Lansing, MI
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $80,780 | $38.84 |
| 25th percentile | $106,250 | $51.08 |
| Median | $132,590 | $63.74 |
| 75th percentile | $166,020 | $79.82 |
| 90th percentile (top earners) | $213,640 | $102.71 |
| Average (mean) | $143,210 | $68.85 |
Half of financial managers 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 | $11,049.17 |
| Semi-monthly (24 a year) | $5,524.58 |
| Biweekly (26 a year) | $5,099.62 |
| Weekly | $2,549.81 |
| Hourly | $63.74 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $132,590 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 Manager salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Midland, MI | $173,080 | 310 |
| Detroit-Warren-Dearborn, MI | $160,240 | 11,670 |
| Jackson, MI | $149,930 | 310 |
| Monroe, MI | $140,110 | 150 |
| Ann Arbor, MI | $139,500 | 820 |
| Grand Rapids-Wyoming-Kentwood, MI | $133,380 | 2,820 |
| Kalamazoo-Portage, MI | $130,760 | 560 |
| Saginaw, MI | $129,020 | 410 |
| Flint, MI | $128,950 | 500 |
| South Bend-Mishawaka, IN-MI | $128,370 | 580 |
| Niles, MI | $127,650 | 260 |
| Battle Creek, MI | $127,370 | 180 |
| Bay City, MI | $124,130 | 120 |
| Muskegon-Norton Shores, MI | $120,070 | 180 |
| Traverse City, MI | $119,810 | 310 |
Highest-paying states for financial managers
| State | Median salary |
|---|---|
| New York | $219,880 |
| Massachusetts | $206,760 |
| New Jersey | $199,110 |
| District of Columbia | $188,880 |
| Virginia | $185,220 |
| Colorado | $182,690 |
| Delaware | $181,580 |
| California | $180,770 |
| Washington | $174,840 |
| Connecticut | $174,830 |
See Financial Manager pay in every state or the Michigan statewide figures.
Related jobs in Lansing-East Lansing, MI
| Job | Median salary | Hourly |
|---|---|---|
| Computer and Information Systems Managers | $134,440 | $64.64 |
| Administrative Services Manager | $104,600 | $50.29 |
| Industrial Production Manager | $110,410 | $53.08 |
| Transportation, Storage, and Distribution Managers | $96,220 | $46.26 |
| Facilities Manager | $105,450 | $50.70 |
| Human Resources Manager | $131,420 | $63.18 |
| Purchasing Manager | $126,950 | $61.03 |
| Training and Development Managers | $110,720 | $53.23 |
| General and Operations Managers | $119,140 | $57.28 |
| Construction Manager | $104,010 | $50.00 |
| Sales Manager | $124,630 | $59.92 |
| Medical and Health Services Managers | $104,990 | $50.48 |
| Education Administrators, Postsecondary | $158,720 | $76.31 |
| Education Administrators, Kindergarten through Secondary | $104,020 | — |
More: Management Occupations · all salaries in Lansing-East Lansing, MI
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 11-3031. 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 manager make in Lansing-East Lansing, MI?
The median salary for financial managers in the Lansing-East Lansing, MI metro area is $132,590 a year, or $63.74 an hour. Pay ranges from $80,780 for the lowest-paid 10% to $213,640 for the top 10%.
How much do the highest-paid financial managers make in Lansing-East Lansing, MI?
The top 10% of financial managers in the Lansing-East Lansing, MI metro area earn at least $213,640 a year. The top 25% earn $166,020 or more.
What is the starting pay for financial managers in Lansing-East Lansing, MI?
Entry-level pay (the 10th percentile) is about $80,780 a year, and a quarter of financial managers earn $106,250 or less.
How many financial managers work in Lansing-East Lansing, MI?
About 1,190 financial managers are employed in the Lansing-East Lansing, MI metro area, not counting the self-employed.