Financial Risk Specialists pay range in Detroit
New workers and the lowest-paid 10% earn about $66,750 a year or less, while the top 10% make $159,160 or more. The middle half of financial risk specialists in Detroit earn between $79,720 and $134,580.
- $67K10th
- $80K25th
- $105KMedian
- $135K75th
- $159K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $110,340 | $9,195 | $53.05 |
| Median | $105,110 | $8,759 | $50.53 |
| Entry level (25th percentile) | $79,720 | $6,643 | $38.33 |
| Experienced (75th percentile) | $134,580 | $11,215 | $64.70 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Financial Risk Specialists pay in Detroit vs. Michigan and the U.S.
Financial risk specialists in Detroit earn about the same as the Michigan average ($107,860) and 11% less than the U.S. average ($124,420). At the median the gap is -10% against the U.S. median of $117,330.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Detroit | $110,340 | $105,110 | $66,750 | $159,160 | 690 |
| Michigan | $107,860 | $103,940 | $60,400 | $165,410 | 1,150 |
| United States | $124,420 | $117,330 | $64,820 | $196,110 | 63,850 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Financial Risk Specialists salary after taxes in Detroit
On the average salary of $110,340, a single filer in Detroit takes home about $79,502 a year, or $6,625 a month and $3,058 every two weeks. Taxes take 28% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). Includes Detroit's local income tax (2.4%).
Is Detroit a good place for financial risk specialists? Pay vs. cost of living
Prices in the Detroit area are in line with the U.S. average (BEA price parity 100.3), so the average $110,340 buys what about $110,012 would buy in a typical U.S. metro. This job pays 2.0 times the median wage of all jobs in Detroit ($52,080). A typical home costs $269,080, or 2.4 years of this average salary before tax.
Financial Risk Specialists salary in other Michigan cities
Detroit ranks 2nd of 4 Michigan metro areas for this job; Ann Arbor pays the most ($129,420).
- Ann Arbor$129,420
- Detroit$110,340
- Grand Rapids$104,900
- Lansing$98,200
Highest-paying cities for financial risk specialists
San Jose, CA pays this job the most of the metro areas we cover ($162,550).
- San Jose, CA$162,550
- San Francisco, CA$159,040
- New York, NY$155,130
- Bridgeport, CT$146,120
- Charlotte, NC$144,270
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Financial Risk Specialists salary in Detroit: questions
How much do financial risk specialists make an hour in Detroit?
$53.05 an hour on average, and $50.54 at the median (BLS, May 2025).
What is the entry-level financial risk specialists salary in Detroit?
The lowest-paid 10% earn about $66,750 a year and the 25th percentile is $79,720, a fair guide to starting pay.
What is the financial risk specialists take-home pay in Detroit?
About $79,502 a year ($6,625 a month) for a single filer on the average salary of $110,340. Includes Detroit's local income tax (2.4%).
Do financial risk specialists earn more in Detroit than elsewhere?
The average here is 11% less than the U.S. average for this job ($124,420).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2054; area Detroit-Warren-Dearborn, MI (19820). Relative standard error of the mean wage: 2.3%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). Includes Detroit's local income tax (2.4%).
- Job concentration: location quotient 0.88, this job is about as common as in the U.S. overall.
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