SOC 13-2099 · May 2025 · BLS OEWS
Financial Specialists, All Other — Kalamazoo
Kalamazoo-Portage, MI · 7 metro areas compared
Median pay in Kalamazoo, MI is $58,430 a year, 28.0% under the national median of $81,100 for this occupation.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
Median pay in Kalamazoo, MI is $58,430 a year, 28.0% under the national median of $81,100 for this occupation. The middle half of workers in this occupation earn between $53,040 and $89,050. The lowest tenth earn under $31,010, while the highest tenth earn more than $123,130.
The area has 40 jobs in this occupation, giving a location quotient of 0.34 — a measure of how concentrated the occupation is here relative to the country as a whole. Within the state, Lansing records the highest median at $83,870. Of the 346 occupations with published wages in this area, it sits 177th.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $31,010 | −61.8% |
| 25th | $53,040 | −34.6% |
| Median (50th) | $58,430 | −28.0% |
| 75th | $89,050 | +9.8% |
| 90th | $123,130 | +51.8% |
| Mean | $72,760 | −10.3% |
Other metro areas in Michigan
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Lansing | $83,870 | 230 | |
| 2 | Battle Creek | $83,550 | 60 | |
| 3 | Detroit | $79,960 | 1,430 | |
| 4 | Grand Rapids | $70,470 | 160 | |
| 5 | Ann Arbor | $66,080 | 140 | |
| 6 | Flint | $60,530 | 50 | |
| 7 | Saginaw | $56,490 | 30 |
What the pay is worth locally
Prices in Kalamazoo run 3.8% below the national average, so the median of $58,430 goes as far as $60,738 would elsewhere in the country. Measured that way it compares to the national median at 25.1% below the national median in real terms.
Published median
$58,430as reported by BLSLocal price level
96.2US average = 100 · BEA 2024Adjusted for local prices
$60,738US average = 100 · BEA 2024Key takeaways
- Median pay is $58,430 a year, 28.0% below the national median.
- Published pay spans $31,010 to $123,130 between the tenth and ninetieth percentiles.
- The area has 40 jobs in this occupation.
- The highest-paying metro area covered is Lansing, at $83,870.
Frequently asked questions
What is the median wage for Financial Specialists, All Other in Kalamazoo, MI?
The median annual wage is $58,430, or $28.09 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 $81,100, so pay in Kalamazoo, MI is 28.0% 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 Kalamazoo, MI earns more than $123,130 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $31,010 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 Lansing, at $83,870 per year.
How many jobs are there in this occupation here?
The survey estimates 40 jobs in this occupation in Kalamazoo, 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.
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