SalaryExplorer

SOC 11-3031 · May 2025 · BLS OEWS

Financial ManagersUpper Peninsula of Michigan

Upper Peninsula of Michigan nonmetropolitan area · 10 metro areas compared

$106,080 /year
$51.00per hour
470jobs in area
36.3%vs US median

The median wage for Financial Managers in Upper Peninsula of Michigan, MI is $106,080 per year, substantially below the national median of $166,570 — a gap of 36.3%.

Wage distribution · annual

Shaded band holds the middle 50% of earners

US MEDIAN $166,57010TH$63,32025TH$79,630MEDIAN$106,08075TH$138,13090TH$176,290

Salary overview

The median wage for Financial Managers in Upper Peninsula of Michigan, MI is $106,080 per year, substantially below the national median of $166,570 — a gap of 36.3%. Half of workers earn between $79,630 and $138,130. Beyond that band, the tenth percentile sits at $63,320 and the ninetieth at $176,290.

Employment stands at 470, or 4.2 jobs per thousand held locally. Within the state, Midland records the highest median at $173,080. Of the 384 occupations with published wages in this area, it sits 18th.

Percentile breakdown

Annual wages by percentile · Upper Peninsula of Michigan nonmetropolitan area · May 2025
PercentileAnnualvs US median
10th$63,320−62.0%
25th$79,630−52.2%
Median (50th)$106,080−36.3%
75th$138,130−17.1%
90th$176,290+5.8%
Mean$117,420−29.5%

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
7Lansing$132,5901,190
8Kalamazoo$130,760560
9Saginaw$129,020410
10Flint$128,950500

What the pay is worth locally

Prices in Upper Peninsula of Michigan run 3.8% below the national average, so the median of $106,080 goes as far as $110,270 would elsewhere in the country. Measured that way it compares to the national median at 33.8% below the national median in real terms.

Published median

$106,080as reported by BLS

Local price level

96.2US average = 100 · BEA 2024

Adjusted for local prices

$110,270US average = 100 · BEA 2024

Key takeaways

  • Median pay is $106,080 a year, 36.3% below the national median.
  • Published pay spans $63,320 to $176,290 between the tenth and ninetieth percentiles.
  • The area has 470 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 Upper Peninsula of Michigan, MI?

The median annual wage is $106,080, or $51.00 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 Upper Peninsula of Michigan, MI is 36.3% 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 Upper Peninsula of Michigan, MI earns more than $176,290 per year. The ninetieth percentile is the highest figure the survey publishes.

What is the starting range?

The tenth percentile wage is $63,320 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 470 jobs in this occupation in Upper Peninsula of Michigan, 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.

Financial Managers Salary in Upper Peninsula of Michigan, MI (2025): $106,080 Median | Salary Explorer