Business & Finance Ann Arbor, MI Pop. 123,851

Financial Analyst Salary in Ann Arbor, Michigan

The median financial analyst salary in Ann Arbor, MI is $99,834 per year, which is 5.0% above the national median and 16.7% above the Michigan state average.

City Median
$99,834
vs State Avg
+$14,262
vs National
+$4,754
Cost of Living
105%

Financial Analyst Salary in Ann Arbor by Experience

In Ann Arbor, an entry-level financial analyst earns around $63,000, while experienced professionals earn up to $155,400 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$63,000
+$3,000 vs national
Mid Level (3-7 yrs)
$100,800
+$4,800 vs national
Senior Level (8+ yrs)
$155,400
+$7,400 vs national

Salary Percentiles in Ann Arbor, MI

Percentile Ann Arbor
10th Percentile $60,060
25th Percentile $76,440
Median (50th) $99,834
75th Percentile $131,250
90th Percentile $174,930

Financial Analyst Salary in Other Michigan Cities

Grand Rapids, MI
$85,572
Pop. 198,917
Detroit, MI
$83,670
Pop. 639,111
Warren, MI
$83,670
Pop. 139,387
Lansing, MI
$81,769
Pop. 112,644

How to Become a Financial Analyst in Ann Arbor

Education

Most financial analyst positions require a bachelor's degree. Ann Arbor and the surrounding Michigan area have institutions offering relevant programs.

Key Skills

Financial ModelingExcelBloomberg TerminalValuationData AnalysisPresentation

Job Outlook

Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). Demand in Ann Arbor may vary based on local industry and population growth.

Find Financial Analyst Jobs in Ann Arbor

Browse open financial analyst positions in Ann Arbor, MI:

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Frequently Asked Questions: Financial Analyst Salary in Ann Arbor

How much does a Financial Analyst make in Ann Arbor, MI? ▼
The median financial analyst salary in Ann Arbor, Michigan is $99,834 per year, which is 5.0% above the national median of $95,080. Salaries range from $60,060 (10th percentile) to $174,930 (90th percentile).
How much does a Financial Analyst make per hour in Ann Arbor? ▼
Based on the median annual salary of $99,834, a financial analyst in Ann Arbor earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Ann Arbor compare to the Michigan state average for financial analyst pay? ▼
Ann Arbor's median financial analyst salary of $99,834 is 16.7% above the Michigan state average of $85,572. The local cost of living index is 105% of the national average.
What is the cost of living in Ann Arbor, MI? ▼
Ann Arbor has a cost of living index of 105% compared to the national average. This means a financial analyst salary of $99,834 in Ann Arbor has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial analyst in Ann Arbor? ▼
Most financial analyst positions in Ann Arbor require a bachelor's degree. Key skills include Financial Modeling, Excel, Bloomberg Terminal, Valuation. The job market is projected to grow 8% nationally over the next decade.