Financial Specialists, All Other Salary in Detroit-Warren-Dearborn, MI
Financial Specialists, All Others in Detroit-Warren-Dearborn, MI make a median of $103,740 a year, or about $49.88 an hour. The range runs from $55K at the entry level to $127K for experienced workers. Adjusted for local prices (RPP 100.3), that's roughly $103,430 in purchasing power. Rent on a 2-bedroom averages $1,411/month, or 21.5% of estimated take-home pay.
AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)
So what does $104K get you in Detroit-Warren-Dearborn?
About financial specialists, all others
Compensation breakdown
Annual earnings by percentile, Detroit-Warren-Dearborn, MI
Entry-level financial specialists, all others (10th percentile) start around $55K. Mid-career wages sit at $104K.Top earners bring in $127K or more - a $72K spread from bottom to top.
Financial Specialists, All Other pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| District of Columbia | $123K | +54% | 2,530 |
| New York | $123K | +53% | 6,760 |
| Maryland | $103K | +28% | 4,290 |
| New Jersey | $93K | +16% | 4,870 |
| Ohio | $90K | +12% | 4,510 |
| Rhode Island | $89K | +10% | 440 |
| Indiana | $88K | +9% | 1,760 |
| West Virginia | $87K | +8% | 860 |
| Massachusetts | $86K | +7% | 2,930 |
| California | $86K | +7% | 15,360 |
| Virginia | $86K | +7% | 5,560 |
| Pennsylvania | $85K | +6% | 3,830 |
| Maine | $84K | +4% | 740 |
| Minnesota | $82K | +3% | 810 |
| North Carolina | $82K | +3% | 3,260 |
Track financial specialists, all other salary changes
BLS updates this data quarterly. We'll email you when Detroit-Warren-Dearborn numbers change.
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Frequently asked questions
How much do financial specialists, all others make in Detroit-Warren-Dearborn, MI?
The median is $103,740 a year - that works out to about $49.88 an hour. The range is wide: entry-level workers start around $55,200, and experienced financial specialists, all others can clear $127,090. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $104K enough to live in Detroit-Warren-Dearborn?
On that salary, you'd take home roughly $6,413/month after taxes. A 2-bedroom here rents for about $1,411/month (HUD Fair Market Rent), which eats 22% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a financial specialists, all other salary go in Detroit-Warren-Dearborn?
Detroit-Warren-Dearborn has a Regional Price Parity of 100.3 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median financial specialists, all other salary is worth about $103,430 in national-average purchasing power.
Where do financial specialists, all others 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.