Financial and Investment Analysts Salary
Financial and Investment Analysts in Michigan make a median of $95,420 a year, or about $45.88 an hour. The range runs from $63K at the entry level to $154K for experienced workers. Cost of living is below average (RPP 93.89), which stretches that salary to about $101,630 in buying power. Rent on a 2-bedroom averages $1,272/month, or 21.1% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Michigan. Jump to a metro for precise data:
So what does $95K get you in Michigan?
About financial and investment analysts
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What this looks like in Michigan
Financial and investment analysts pay in Michigan tracks closely to the national median, $95K locally vs. $103K nationwide, a 7% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,272/month, 21.4% of take-home, well inside the 30% guideline. Regional Price Parity sits at 93.89 (national = 100), meaning everyday costs run about 6% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, Michigan
Entry-level financial and investment analysts (10th percentile) start around $63K. Mid-career wages sit at $95K. Top earners bring in $154K or more, a $91K spread from bottom to top.
Financial and Investment Analysts salary by metro in Michigan
14 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Monroe | $102K | +7% | 60 |
| Detroit-Warren-Dearborn | $102K | +6% | 3,930 |
| Ann Arbor | $99K | +3% | 340 |
| Jackson | $90K | -6% | 100 |
| Saginaw | $89K | -7% | 70 |
| Grand Rapids-Wyoming-Kentwood | $88K | -8% | 940 |
| Muskegon-Norton Shores | $86K | -10% | 40 |
| Lansing-East Lansing | $83K | -13% | 510 |
| Midland | $82K | -14% | 40 |
| Niles | $82K | -14% | 30 |
| Flint | $81K | -15% | 130 |
| Traverse City | $80K | -16% | 50 |
| Kalamazoo-Portage | $79K | -17% | 170 |
| Battle Creek | $79K | -17% | 50 |
Showing 1–10 of 14 metros
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Track financial and investment analysts salary changes
BLS updates this data quarterly. We'll email you when Michigan numbers change.
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Frequently asked questions
Can a financial and investment analyst afford a 2BR apartment alone in Michigan?
Yes — at the median salary of $95K, rent takes 21.4% 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.
What’s the entry-level salary for financial and investment analysts in Michigan?
The 10th-percentile wage — what new financial and investment analysts typically earn — is $63K/year. Take-home on that works out to about $3,791/month. At HUD’s $1,272/month FMR, rent would take 34% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is financial and investment analyst a high-paying job in Michigan?
Pay here is roughly in line with the national average — $95K locally vs. $103K nationally, a 7% difference.
How does Michigan compare to the national average for financial and investment analysts?
Michigan pays $95K median vs. the U.S. average of $103K — that’s -7%. After adjusting for local cost of living (RPP 93.89), the purchasing-power equivalent is $102K — below the national median.
How much do financial and investment analysts make in Michigan?
The median is $95,420 a year, that works out to about $46 an hour. But the range is wide: entry-level workers start around $63,180, and experienced financial and investment analysts can clear $154,230. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $95K enough to live in Michigan?
On that salary, you'd take home roughly $5,955/month after taxes. A 2-bedroom here rents for about $1,272/month, which eats 21.4% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a financial and investment analysts salary go in Michigan?
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 financial and investment analysts salary is worth about $101,630 in national-average purchasing power.
Where do financial and investment analysts get paid the most?
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.