Wage Benchmark Overview
Median Annual Salary
$145,300$69.86 per hour · $12,108 monthlyRun the numbers on your own pay
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Take-Home Pay Explorer
Financial Managers Wage Percentiles in Detroit-Warren-Dearborn, MI
Official survey estimates from the U.S. Bureau of Labor Statistics (BLS). Full-time calculations assume standard 2,080 annual working hours.
| Earning Tier | Hourly Wage | Monthly Gross | Annual Gross | Est. Annual Net (MI) |
|---|---|---|---|---|
| 10th Percentile | $40.24/hr | $6,975 | $83,700 | $64,406 |
| 25th Percentile | $52.88/hr | $9,167 | $110,000 | $81,791 |
| Median (50th Percentile)Metro Benchmark | $69.86/hr | $12,108 | $145,300 | $104,654 |
| 75th Percentile | $91.25/hr | $15,817 | $189,800 | $133,507 |
| 90th Percentile | $129.52/hr | $22,450 | $269,400 | $184,719 |
Cost of Living & Purchasing Power in Detroit-Warren-Dearborn, MI
A dollar does not buy the same basket of goods everywhere. Compare how $$145,300 measures up against local economic conditions:
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Frequently Asked Questions About Financial Managers Pay in Detroit-Warren-Dearborn, MI
What is the median salary for financial managers in Detroit-Warren-Dearborn, MI?
The official BLS median annual wage for financial managers in Detroit-Warren-Dearborn, MI is $145,300, which equates to approximately $12,108 per month or $69.86 per hour for a 2,080-hour work year.
What is the hourly pay for financial managers in Detroit-Warren-Dearborn, MI?
The median hourly wage for financial managers in Detroit-Warren-Dearborn, MI is $69.86 per hour based on the BLS survey. One in ten earned less than $40.24/hour and one in ten earned more than $129.52/hour.
What is the pay range for financial managers in Detroit-Warren-Dearborn, MI?
BLS wage estimates for financial managers in Detroit-Warren-Dearborn, MI span from $83,700 at the 10th percentile to $110,000 at the 25th, $189,800 at the 75th, and $269,400 at the 90th. These are wage distribution points, not experience levels.
How much do financial managers take home after taxes in Detroit-Warren-Dearborn, MI?
On a median gross salary of $145,300, an estimated $104,654 lands in net take-home pay per year ($4,025 biweekly) for a single filer claiming the standard deduction in Michigan in 2026. Total tax withholding equals $40,646 (an effective rate of 28%).
How much do financial managers make per month in Detroit-Warren-Dearborn, MI?
On the median annual salary of $145,300, gross monthly income is $12,108. After federal, FICA, and Michigan state income taxes, estimated net take-home pay is $8,721 per month (or $4,025 every two weeks).
Is $145,300 a good salary in Detroit-Warren-Dearborn, MI?
At $145,300, the median salary for financial managers is 189.5% of the Detroit-Warren-Dearborn, MI median household income ($76,664). According to the U.S. Bureau of Economic Analysis (BEA), the metropolitan price parity index is 100.3, making regional consumer goods and services 0.3% more expensive than the U.S. average.