Financial Risk Specialist salary in Detroit-Warren-Dearborn, MI
Financial Risk Specialists in the Detroit-Warren-Dearborn, MI metro area earn a median of $105,110 a year ($50.54 an hour), based on BLS data for 690 workers.
Pay ranges from $66,750 for the lowest-paid 10% to $159,160 for the top 10%. That is 10% lower than the national median of $117,330. Pay here is 1% higher than the Michigan statewide median of $103,940. There are 0.36 financial risk specialists per 1,000 jobs here — close to the national average. The average (mean) salary is $110,340, above the median because a few high earners pull it up.
Pay range for financial risk specialists in Detroit-Warren-Dearborn, MI
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $66,750 | $32.09 |
| 25th percentile | $79,720 | $38.33 |
| Median | $105,110 | $50.54 |
| 75th percentile | $134,580 | $64.70 |
| 90th percentile (top earners) | $159,160 | $76.52 |
| Average (mean) | $110,340 | $53.05 |
Half of financial risk specialists 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 | $8,759.17 |
| Semi-monthly (24 a year) | $4,379.58 |
| Biweekly (26 a year) | $4,042.69 |
| Weekly | $2,021.35 |
| Hourly | $50.54 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $105,110 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 Risk Specialist salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Ann Arbor, MI | $125,020 | 60 |
| Grand Rapids-Wyoming-Kentwood, MI | $101,090 | 110 |
| Lansing-East Lansing, MI | $96,980 | 50 |
Highest-paying states for financial risk specialists
| State | Median salary |
|---|---|
| New Hampshire | $158,320 |
| Maine | $141,020 |
| Delaware | $139,440 |
| New York | $136,830 |
| North Carolina | $132,040 |
| Massachusetts | $130,400 |
| New Jersey | $129,220 |
| California | $129,110 |
| Virginia | $126,510 |
| Washington | $123,150 |
See Financial Risk Specialist pay in every state or the Michigan statewide figures.
Related jobs in Detroit-Warren-Dearborn, MI
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $80,650 | $38.78 |
| Loan Officer | $76,260 | $36.66 |
| Financial and Investment Analysts | $101,550 | $48.82 |
| Personal Financial Advisor | $76,830 | $36.94 |
| Financial Specialists, All Other | $79,960 | $38.44 |
| Insurance Underwriter | $80,180 | $38.55 |
| Credit Analyst | $74,640 | $35.89 |
| Tax Preparer | $46,450 | $22.33 |
| Property Appraisers and Assessors | $68,100 | $32.74 |
| Budget Analyst | $102,080 | $49.08 |
| Credit Counselor | $53,140 | $25.55 |
| Tax Examiners and Collectors, and Revenue Agents | $81,540 | $39.20 |
| Financial Examiner | $75,930 | $36.51 |
| Project Management Specialist | $105,350 | $50.65 |
More: Business and Financial Operations Occupations · all salaries in Detroit-Warren-Dearborn, MI
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2054. 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 risk specialist make in Detroit-Warren-Dearborn, MI?
The median salary for financial risk specialists in the Detroit-Warren-Dearborn, MI metro area is $105,110 a year, or $50.54 an hour. Pay ranges from $66,750 for the lowest-paid 10% to $159,160 for the top 10%.
How much do the highest-paid financial risk specialists make in Detroit-Warren-Dearborn, MI?
The top 10% of financial risk specialists in the Detroit-Warren-Dearborn, MI metro area earn at least $159,160 a year. The top 25% earn $134,580 or more.
What is the starting pay for financial risk specialists in Detroit-Warren-Dearborn, MI?
Entry-level pay (the 10th percentile) is about $66,750 a year, and a quarter of financial risk specialists earn $79,720 or less.
How many financial risk specialists work in Detroit-Warren-Dearborn, MI?
About 690 financial risk specialists are employed in the Detroit-Warren-Dearborn, MI metro area, not counting the self-employed.