Business & Finance Grand Rapids, MI Pop. 198,917

Financial Analyst Salary in Grand Rapids, Michigan

The median financial analyst salary in Grand Rapids, MI is $85,572 per year, which is 10% below the national median and 0.0% above the Michigan state average.

City Median
$85,572
vs State Avg
+$0
vs National
$-9,508
Cost of Living
90%

Financial Analyst Salary in Grand Rapids by Experience

In Grand Rapids, an entry-level financial analyst earns around $54,000, while experienced professionals earn up to $133,200 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$54,000
$-6,000 vs national
Mid Level (3-7 yrs)
$86,400
$-9,600 vs national
Senior Level (8+ yrs)
$133,200
$-14,800 vs national

Salary Percentiles in Grand Rapids, MI

Percentile Grand Rapids
10th Percentile $51,480
25th Percentile $65,520
Median (50th) $85,572
75th Percentile $112,500
90th Percentile $149,940

Financial Analyst Salary in Other Michigan Cities

Ann Arbor, MI
$99,834
Pop. 123,851
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 Grand Rapids

Education

Most financial analyst positions require a bachelor's degree. Grand Rapids 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 Grand Rapids may vary based on local industry and population growth.

Find Financial Analyst Jobs in Grand Rapids

Browse open financial analyst positions in Grand Rapids, MI:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Analyst Salary in Grand Rapids

How much does a Financial Analyst make in Grand Rapids, MI? ▼
The median financial analyst salary in Grand Rapids, Michigan is $85,572 per year, which is 10% below the national median of $95,080. Salaries range from $51,480 (10th percentile) to $149,940 (90th percentile).
How much does a Financial Analyst make per hour in Grand Rapids? ▼
Based on the median annual salary of $85,572, a financial analyst in Grand Rapids earns approximately $41 per hour assuming a standard 2,080-hour work year.
How does Grand Rapids compare to the Michigan state average for financial analyst pay? ▼
Grand Rapids's median financial analyst salary of $85,572 is 0.0% above the Michigan state average of $85,572. The local cost of living index is 90% of the national average.
What is the cost of living in Grand Rapids, MI? ▼
Grand Rapids has a cost of living index of 90% compared to the national average. This means a financial analyst salary of $85,572 in Grand Rapids has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial analyst in Grand Rapids? ▼
Most financial analyst positions in Grand Rapids 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.