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

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.