Agents and Business Managers of Artists, Performers, and Athletes Salary

Yes — at the median salary of $82K, rent takes 24.3% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,272/month. That stays under the 30% guideline most financial planners use.

The 10th-percentile wage — what new agents and business managers of artists, performers, and athletes typically earn — is $31K/year. Take-home on that works out to about $1,874/month. At HUD’s $1,272/month FMR, rent would take 68% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.

Pay here is roughly in line with the national average — $82K locally vs. $83K nationally, a 1% difference.

Michigan pays $82K median vs. the U.S. average of $83K — that’s -1%. After adjusting for local cost of living (RPP 93.89), the purchasing-power equivalent is $88K — still ahead of the national median.

The median is $82,440 a year, that works out to about $40 an hour. But the range is wide: entry-level workers start around $31,240, and experienced agents and business managers of artists, performers, and athletes can clear $147,180. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $5,240/month after taxes. A 2-bedroom here rents for about $1,272/month, which eats 24.3% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.

Michigan has a Regional Price Parity of 93.89 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median agents and business managers of artists, performers, and athletes salary is worth about $87,805 in national-average purchasing power.

The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.