Financial Risk Specialists Salary in Michigan
SOC 13-2054 · Michigan · BLS OEWS May 2024
The median salary for Financial Risk Specialists in Michigan is $100,422 per year ($48.28/hr). This is 5.3% lower than the national median of $105,997. The middle 50% earn between $78,562 and $129,397 annually. Top earners at the 90th percentile reach $160,014.
Wage Percentiles: Michigan
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $29.35 | $61,048 | -2.0% |
| P25 | $37.77 | $78,562 | -2.2% |
| P50MEDIAN | $48.28 | $100,422 | -5.3% |
| P75 | $62.21 | $129,397 | -10.8% |
| P90 | $76.93 | $160,014 | -12.2% |
Market Context Signal
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
Frequently Asked Questions
What is the median financial risk specialists salary in Michigan?
The median (P50) annual salary for Financial Risk Specialists in Michigan is approximately $100,422, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 5.3% lower than the national median of $105,997.
What is the salary range for entry-level financial risk specialists in Michigan?
Entry-level Financial Risk Specialists (10th percentile) in Michigan earn approximately $61,048 per year. The 25th percentile is $78,562. Top earners (90th percentile) reach $160,014.
How does Michigan compare to the national average for financial risk specialists?
Michigan pays 5.3% lower than the national average. The national P50 is $105,997 vs $100,422 in Michigan. Based on BLS national data adjusted for regional cost factors.
Financial Risk Specialists Salary by Location
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