Financial and Investment Analysts Salary
Financial and Investment Analysts in Traverse City, MI make a median of $80,100 a year, or about $38.51 an hour. The range runs from $61K at the entry level to $146K for experienced workers. Cost of living is below average (RPP 93.37), which stretches that salary to about $85,788 in buying power. Rent on a 2-bedroom averages $1,224/month, or 24.2% of estimated take-home pay.
So what does $80K get you in Traverse City?
Groceries, utilities, transportation, and healthcare scaled from national averages by Traverse City’s Regional Price Parity (93.37). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About financial and investment analysts
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What this looks like in Traverse City
Pay for financial and investment analysts in Traverse City runs about 22% below the U.S. median of $103K. Housing is manageable: a 2-bedroom at the HUD median costs $1,224/month, 23.9% of take-home, well inside the 30% guideline. Regional Price Parity sits at 93.37 (national = 100), meaning everyday costs run about 7% cheaper here. Your dollar stretches further than the headline salary suggests. Lower pay, lower costs, Traverse City can be a reasonable trade-off for financial and investment analystss who value affordability over top-dollar markets.
Compared to nearby metros
Median pay for financial and investment analysts in metros near Traverse City, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Detroit-Warren-Dearborn | $102K | $101K |
| Grand Rapids-Wyoming-Kentwood | $88K | $92K |
| Lansing-East Lansing | $83K | $88K |
| Ann Arbor | $99K | $98K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Traverse City, MI
Entry-level financial and investment analysts (10th percentile) start around $61K. Mid-career wages sit at $80K. Top earners bring in $146K or more, a $86K spread from bottom to top.
Financial and Investment Analysts pay across states
Median income ranked highest to lowest, compared to the national figure
View Financial and Investment Analysts salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Wyoming | $187K | +82% | 190 |
| New York | $128K | +25% | 52,380 |
| Oregon | $121K | +17% | 2,820 |
| Massachusetts | $111K | +8% | 14,790 |
| Connecticut | $110K | +7% | N/A |
| California | $109K | +6% | 45,380 |
| New Jersey | $109K | +6% | 10,380 |
| Washington | $107K | +4% | 8,820 |
| District of Columbia | $106K | +3% | 3,670 |
| Virginia | $105K | +3% | 10,410 |
| Colorado | $104K | +1% | 8,040 |
| Minnesota | $103K | +0% | 7,450 |
| North Carolina | $102K | -0% | 12,710 |
| Alaska | $102K | -0% | 190 |
| Delaware | $102K | -1% | 2,290 |
| Illinois | $101K | -2% | 20,520 |
| Idaho | $101K | -2% | 680 |
| Rhode Island | $101K | -2% | 1,790 |
| Maryland | $100K | -2% | 5,360 |
| Georgia | $99K | -3% | 9,780 |
| Montana | $99K | -3% | 440 |
| South Dakota | $99K | -3% | 820 |
| Texas | $99K | -3% | 28,820 |
| Vermont | $99K | -4% | 230 |
| Missouri | $98K | -4% | 4,430 |
| Wisconsin | $96K | -7% | 5,430 |
| Michigan | $95K | -7% | 7,400 |
| Hawaii | $95K | -8% | 600 |
| Florida | $94K | -8% | 23,900 |
| Ohio | $94K | -8% | 9,760 |
| South Carolina | $94K | -9% | 3,600 |
| Arizona | $94K | -9% | 5,940 |
| Tennessee | $93K | -9% | 4,910 |
| Iowa | $92K | -10% | 2,000 |
| Utah | $91K | -11% | 4,510 |
| Alabama | $91K | -11% | 3,410 |
| Maine | $88K | -14% | 710 |
| New Mexico | $88K | -15% | 930 |
| Nebraska | $85K | -17% | N/A |
| Kansas | $85K | -17% | 1,870 |
| Pennsylvania | $84K | -18% | 13,310 |
| Nevada | $83K | -19% | 1,830 |
| New Hampshire | $83K | -20% | 580 |
| Indiana | $82K | -20% | 3,680 |
| Kentucky | $82K | -21% | 2,460 |
| Arkansas | $81K | -21% | 1,390 |
| Oklahoma | $80K | -22% | 1,550 |
| Mississippi | $80K | -23% | 720 |
| North Dakota | $78K | -24% | 300 |
| Louisiana | $76K | -26% | 1,450 |
| West Virginia | $69K | -33% | 400 |
Showing 1–10 of 51 (all 50 states + DC)
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Frequently asked questions
Can a financial and investment analyst afford a 2BR apartment alone in Traverse City?
Yes — at the median salary of $80K, rent takes 23.9% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,224/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial and investment analysts in Traverse City?
The 10th-percentile wage — what new financial and investment analysts typically earn — is $61K/year. Take-home on that works out to about $3,641/month. At HUD’s $1,224/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 Traverse City?
Local pay runs 22% below the national median — $80K here vs. $103K nationally. Cost of living is 7% below the national average, which narrows that gap in real purchasing power.
How does Traverse City compare to the national average for financial and investment analysts?
Traverse City pays $80K median vs. the U.S. average of $103K — that’s -22%. After adjusting for local cost of living (RPP 93.37), the purchasing-power equivalent is $86K — below the national median.
How much do financial and investment analysts make in Traverse City, MI?
The median is $80,100 a year, that works out to about $39 an hour. But the range is wide: entry-level workers start around $60,680, and experienced financial and investment analysts can clear $146,260. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $80K enough to live in Traverse City?
On that salary, you'd take home roughly $5,111/month after taxes. A 2-bedroom here rents for about $1,224/month, which eats 23.9% 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 Traverse City?
Traverse City has a Regional Price Parity of 93.37 (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 $85,788 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.