Financial Manager salary in Monroe, MI
Financial Managers in the Monroe, MI metro area earn a median of $140,110 a year ($67.36 an hour), based on BLS data for 150 workers.
Pay ranges from $70,540 for the lowest-paid 10% to $244,060 for the top 10%. That is 16% lower than the national median of $166,570. Pay here is 1% higher than the Michigan statewide median of $139,370. There are 3.6 financial managers per 1,000 jobs here — the job is less common than nationally (location quotient 0.67). The average (mean) salary is $152,280, above the median because a few high earners pull it up.
Pay range for financial managers in Monroe, MI
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $70,540 | $33.92 |
| 25th percentile | $104,520 | $50.25 |
| Median | $140,110 | $67.36 |
| 75th percentile | $175,880 | $84.56 |
| 90th percentile (top earners) | $244,060 | $117.34 |
| Average (mean) | $152,280 | $73.21 |
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 | $11,675.83 |
| Semi-monthly (24 a year) | $5,837.92 |
| Biweekly (26 a year) | $5,388.85 |
| Weekly | $2,694.42 |
| Hourly | $67.36 |
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 |
| Ann Arbor, MI | $139,500 | 820 |
| 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 Monroe, MI
| Job | Median salary | Hourly |
|---|---|---|
| Industrial Production Manager | $125,410 | $60.29 |
| Transportation, Storage, and Distribution Managers | $86,780 | $41.72 |
| Computer and Information Systems Managers | $153,080 | $73.60 |
| Facilities Manager | $116,210 | $55.87 |
| Human Resources Manager | $133,510 | $64.19 |
| Administrative Services Manager | $92,930 | $44.68 |
| General and Operations Managers | $93,690 | $45.04 |
| Education Administrators, Kindergarten through Secondary | $100,740 | — |
| Sales Manager | $129,620 | $62.32 |
| Architectural and Engineering Managers | $158,170 | $76.04 |
| Construction Manager | $99,020 | $47.61 |
| Medical and Health Services Managers | $101,310 | $48.71 |
| Food Service Manager | $58,450 | $28.10 |
| Managers, All Other | $137,040 | $65.88 |
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 Monroe, MI?
The median salary for financial managers in the Monroe, MI metro area is $140,110 a year, or $67.36 an hour. Pay ranges from $70,540 for the lowest-paid 10% to $244,060 for the top 10%.
How much do the highest-paid financial managers make in Monroe, MI?
The top 10% of financial managers in the Monroe, MI metro area earn at least $244,060 a year. The top 25% earn $175,880 or more.
What is the starting pay for financial managers in Monroe, MI?
Entry-level pay (the 10th percentile) is about $70,540 a year, and a quarter of financial managers earn $104,520 or less.
How many financial managers work in Monroe, MI?
About 150 financial managers are employed in the Monroe, MI metro area, not counting the self-employed.