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SOC 11-3031 · May 2025 · BLS OEWS

Financial ManagersLansing

Lansing-East Lansing, MI · 10 metro areas compared

$132,590 /year
$63.74per hour
1,190jobs in area
20.4%vs US median

Median pay for this occupation in Lansing, MI is $132,590 a year, trailing the national median of $166,570 by 20.4%.

Wage distribution · annual

Shaded band holds the middle 50% of earners

US MEDIAN $166,57010TH$80,78025TH$106,250MEDIAN$132,59075TH$166,02090TH$213,640

Salary overview

Median pay for this occupation in Lansing, MI is $132,590 a year, trailing the national median of $166,570 by 20.4%. The middle half of workers in this occupation earn between $106,250 and $166,020. The lowest tenth earn under $80,780, while the highest tenth earn more than $213,640.

The area has 1,190 jobs in this occupation, which works out to 5.5 of every thousand jobs. Within the state, Midland records the highest median at $173,080. Of the 457 occupations with published wages in this area, it sits 14th.

Percentile breakdown

Annual wages by percentile · Lansing-East Lansing, MI · May 2025
PercentileAnnualvs US median
10th$80,780−51.5%
25th$106,250−36.2%
Median (50th)$132,590−20.4%
75th$166,020−0.3%
90th$213,640+28.3%
Mean$143,210−14.0%

Other metro areas in Michigan

Median annual wage for Financial Managers, by metro area
#Metro areaMedianJobsRelative
1Midland$173,080310
2Detroit$160,24011,670
3Jackson$149,930310
4Monroe$140,110150
5Ann Arbor$139,500820
6Grand Rapids$133,3802,820
7Kalamazoo$130,760560
8Saginaw$129,020410
9Flint$128,950500
10Niles$127,650260

What the pay is worth locally

Prices in Lansing run 3.8% below the national average, so the median of $132,590 goes as far as $137,827 would elsewhere in the country. Measured that way it compares to the national median at 17.3% below the national median in real terms.

Published median

$132,590as reported by BLS

Local price level

96.2US average = 100 · BEA 2024

Adjusted for local prices

$137,827US average = 100 · BEA 2024

Key takeaways

  • Median pay is $132,590 a year, 20.4% below the national median.
  • Published pay spans $80,780 to $213,640 between the tenth and ninetieth percentiles.
  • The area has 1,190 jobs in this occupation.
  • The highest-paying metro area covered is Midland, at $173,080.

Frequently asked questions

What is the median wage for Financial Managers in Lansing, MI?

The median annual wage is $132,590, or $63.74 per hour, as of May 2025. Half of the workers in this occupation earn more than that and half earn less.

Is that higher than the national average?

The national median for this occupation is $166,570, so pay in Lansing, MI is 20.4% lower. These figures are medians, not averages: half of workers fall on each side.

What do the top earners make?

The top tenth of this occupation in Lansing, MI earns more than $213,640 per year. The ninetieth percentile is the highest figure the survey publishes.

What is the starting range?

The tenth percentile wage is $80,780 per year. The survey measures wages actually paid rather than experience level, so this reflects the lowest-paid tenth rather than entry-level pay specifically.

Which area nearby pays the most?

The highest median for this occupation among the metro areas covered is in Midland, at $173,080 per year.

How many jobs are there in this occupation here?

The survey estimates 1,190 jobs in this occupation in Lansing, MI. Self-employed workers are not included.

Source and methodology

U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Wages are for wage-and-salary workers; self-employed workers are not included. Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.