Financial Manager salary in Ann Arbor, MI
Financial Managers in the Ann Arbor, MI metro area earn a median of $139,500 a year ($67.07 an hour), based on BLS data for 820 workers.
Pay ranges from $89,850 for the lowest-paid 10% to $232,920 for the top 10%. That is 16% lower than the national median of $166,570. Pay here is about the same as the Michigan statewide median of $139,370. There are 3.7 financial managers per 1,000 jobs here — the job is less common than nationally (location quotient 0.69). The average (mean) salary is $160,420, above the median because a few high earners pull it up.
Pay range for financial managers in Ann Arbor, MI
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $89,850 | $43.20 |
| 25th percentile | $113,060 | $54.36 |
| Median | $139,500 | $67.07 |
| 75th percentile | $181,710 | $87.36 |
| 90th percentile (top earners) | $232,920 | $111.98 |
| Average (mean) | $160,420 | $77.13 |
Half of financial managers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $11,625 |
| Semi-monthly (24 a year) | $5,812.50 |
| Biweekly (26 a year) | $5,365.38 |
| Weekly | $2,682.69 |
| Hourly | $67.07 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Financial Manager salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Midland, MI | $173,080 | 310 |
| Detroit-Warren-Dearborn, MI | $160,240 | 11,670 |
| Jackson, MI | $149,930 | 310 |
| Monroe, MI | $140,110 | 150 |
| Grand Rapids-Wyoming-Kentwood, MI | $133,380 | 2,820 |
| Lansing-East Lansing, MI | $132,590 | 1,190 |
| Kalamazoo-Portage, MI | $130,760 | 560 |
| Saginaw, MI | $129,020 | 410 |
| Flint, MI | $128,950 | 500 |
| South Bend-Mishawaka, IN-MI | $128,370 | 580 |
| Niles, MI | $127,650 | 260 |
| Battle Creek, MI | $127,370 | 180 |
| Bay City, MI | $124,130 | 120 |
| Muskegon-Norton Shores, MI | $120,070 | 180 |
| Traverse City, MI | $119,810 | 310 |
Highest-paying states for financial managers
| State | Median salary |
|---|---|
| New York | $219,880 |
| Massachusetts | $206,760 |
| New Jersey | $199,110 |
| District of Columbia | $188,880 |
| Virginia | $185,220 |
| Colorado | $182,690 |
| Delaware | $181,580 |
| California | $180,770 |
| Washington | $174,840 |
| Connecticut | $174,830 |
See Financial Manager pay in every state or the Michigan statewide figures.
Related jobs in Ann Arbor, MI
| Job | Median salary | Hourly |
|---|---|---|
| Computer and Information Systems Managers | $171,200 | $82.31 |
| Administrative Services Manager | $122,790 | $59.03 |
| Industrial Production Manager | $130,470 | $62.73 |
| Facilities Manager | $107,170 | $51.53 |
| Transportation, Storage, and Distribution Managers | $106,650 | $51.28 |
| Human Resources Manager | $143,670 | $69.07 |
| Purchasing Manager | $168,670 | $81.09 |
| Training and Development Managers | $122,650 | $58.97 |
| Compensation and Benefits Managers | $162,720 | $78.23 |
| General and Operations Managers | $106,000 | $50.96 |
| Medical and Health Services Managers | $127,940 | $61.51 |
| Education Administrators, Postsecondary | $144,340 | $69.39 |
| Architectural and Engineering Managers | $171,950 | $82.67 |
| Sales Manager | $148,630 | $71.46 |
More: Management Occupations · all salaries in Ann Arbor, MI
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 11-3031. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a financial manager make in Ann Arbor, MI?
The median salary for financial managers in the Ann Arbor, MI metro area is $139,500 a year, or $67.07 an hour. Pay ranges from $89,850 for the lowest-paid 10% to $232,920 for the top 10%.
How much do the highest-paid financial managers make in Ann Arbor, MI?
The top 10% of financial managers in the Ann Arbor, MI metro area earn at least $232,920 a year. The top 25% earn $181,710 or more.
What is the starting pay for financial managers in Ann Arbor, MI?
Entry-level pay (the 10th percentile) is about $89,850 a year, and a quarter of financial managers earn $113,060 or less.
How many financial managers work in Ann Arbor, MI?
About 820 financial managers are employed in the Ann Arbor, MI metro area, not counting the self-employed.