The average salary for a financial analyst in Michigan is around $78,720 per year.
Avg Salary
Financial analysts earn an average yearly salary of $78,720.
Wages typically start from $49,310 and go up to $123,690.
30% above national average Updated in 2021
Financial analyst earnings by seniority
90th percentile
Top-level financial analyst earnings begin at:
$59.47 per hour
$123,690 per year
75th percentile
Senior-level financial analyst earnings begin at:
$47.76 per hour
$99,340 per year
50th percentile
Mid-level financial analyst earnings begin at:
$37.85 per hour
$78,720 per year
25th percentile
Junior-level financial analyst earnings begin at:
$29.89 per hour
$62,170 per year
10th percentile
Starting level financial analyst earnings begin at:
$23.71 per hour
$49,310 per year
Approximate values based on highest and lowest earning segments.
Financial analyst salary by state
| State Name | Average Salary |
|---|---|
| District of Columbia | $99,710 |
| New Jersey | $99,340 |
| Washington | $99,340 |
| Oregon | $99,330 |
| California | $99,180 |
| Massachusetts | $97,540 |
| Virginia | $97,360 |
| Colorado | $97,230 |
| Alabama | $96,940 |
| Maryland | $95,040 |
| Minnesota | $88,470 |
| Delaware | $86,380 |
| Wyoming | $83,990 |
| Illinois | $83,200 |
| New Hampshire | $81,630 |
| North Carolina | $81,410 |
| Wisconsin | $81,410 |
| Rhode Island | $81,040 |
| Georgia | $80,470 |
| New Mexico | $80,160 |
| Montana | $79,930 |
| Hawaii | $79,650 |
| Texas | $79,590 |
| Nevada | $79,390 |
| Michigan | $78,720 |
| Missouri | $78,060 |
| Iowa | $77,750 |
| Pennsylvania | $77,750 |
| Arizona | $77,710 |
| Maine | $77,590 |
| Ohio | $77,590 |
| Arkansas | $77,500 |
| Florida | $77,500 |
| Indiana | $77,500 |
| Kentucky | $77,300 |
| South Dakota | $77,300 |
| Tennessee | $77,300 |
| Vermont | $77,300 |
| North Dakota | $77,020 |
| Kansas | $76,780 |
| Idaho | $76,530 |
| Louisiana | $76,060 |
| Nebraska | $75,130 |
| South Carolina | $74,370 |
| Mississippi | $72,890 |
| West Virginia | $64,190 |
| Oklahoma | $63,700 |
| Utah | $60,900 |
| Virgin Islands, U.S. | $49,440 |
| Puerto Rico | $49,120 |
| Alaska | $123,300 |
| New York | $108,600 |
| Connecticut | $100,260 |
How do financial analyst salaries compare to similar careers?
Financial analysts earn about the same as related careers in Michigan. On average, they make less than financial advisors but more than fraud analysts.
| Career | Median Salary |
|---|---|
| Financial advisor salary | $78K |
| Statistician salary | $80K |
| Loan officer salary | $77K |
| Business analyst salary | $80K |
| Actuary salary | $80K |
| Financial analyst salary | $79K |
| Consultant salary | $79K |
| Budget analyst salary | $79K |
| Investment banker salary | $76K |
| Fraud analyst salary | $76K |
Source: CareerExplorer (Aggregated)