Financial Manager salary in Traverse City, MI
Financial Managers in the Traverse City, MI metro area earn a median of $119,810 a year ($57.60 an hour), based on BLS data for 310 workers.
Pay ranges from $71,820 for the lowest-paid 10% to $214,450 for the top 10%. That is 28% lower than the national median of $166,570. Pay here is 14% lower than the Michigan statewide median of $139,370. There are 4.6 financial managers per 1,000 jobs here — close to the national average. The average (mean) salary is $138,690, above the median because a few high earners pull it up.
Pay range for financial managers in Traverse City, MI
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $71,820 | $34.53 |
| 25th percentile | $91,830 | $44.15 |
| Median | $119,810 | $57.60 |
| 75th percentile | $169,580 | $81.53 |
| 90th percentile (top earners) | $214,450 | $103.10 |
| Average (mean) | $138,690 | $66.68 |
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 | $9,984.17 |
| Semi-monthly (24 a year) | $4,992.08 |
| Biweekly (26 a year) | $4,608.08 |
| Weekly | $2,304.04 |
| Hourly | $57.60 |
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 |
| 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 |
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 Traverse City, MI
| Job | Median salary | Hourly |
|---|---|---|
| Industrial Production Manager | $104,390 | $50.19 |
| Computer and Information Systems Managers | $141,450 | $68.01 |
| Transportation, Storage, and Distribution Managers | $93,260 | $44.84 |
| Administrative Services Manager | $93,960 | $45.18 |
| Facilities Manager | $79,770 | $38.35 |
| Human Resources Manager | $109,140 | $52.47 |
| General and Operations Managers | $84,300 | $40.53 |
| Medical and Health Services Managers | $104,610 | $50.29 |
| Sales Manager | $104,090 | $50.04 |
| Construction Manager | $97,540 | $46.90 |
| Food Service Manager | $62,520 | $30.06 |
| Education Administrators, Kindergarten through Secondary | $102,390 | — |
| Social and Community Service Managers | $78,420 | $37.70 |
| Managers, All Other | $110,070 | $52.92 |
More: Management Occupations · all salaries in Traverse City, 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 Traverse City, MI?
The median salary for financial managers in the Traverse City, MI metro area is $119,810 a year, or $57.60 an hour. Pay ranges from $71,820 for the lowest-paid 10% to $214,450 for the top 10%.
How much do the highest-paid financial managers make in Traverse City, MI?
The top 10% of financial managers in the Traverse City, MI metro area earn at least $214,450 a year. The top 25% earn $169,580 or more.
What is the starting pay for financial managers in Traverse City, MI?
Entry-level pay (the 10th percentile) is about $71,820 a year, and a quarter of financial managers earn $91,830 or less.
How many financial managers work in Traverse City, MI?
About 310 financial managers are employed in the Traverse City, MI metro area, not counting the self-employed.