SOC 13-2099 · Detroit-Warren-Dearborn, MI metro

Financial Specialists, All Other Salary in Detroit, MI

The average salary for other financial specialists in Detroit, Michigan is $87,310 a year ($41.98 an hour), according to BLS estimates for May 2025. The median is $79,960: half of the 1,430 people in this job in the Detroit-Warren-Dearborn, MI metro area earn more than that, half earn less. That average is 7% less than the U.S. average for this job ($93,810).

$87,310average per year

$41.98 / hourMedian $79,960Take-home ≈ $64,832

  • $45K10th
  • $56K25th
  • $80KMedian
  • $108K75th
  • $158K90th

median average · bar = middle 50% of workers · how to read it

1,430people in this job
-7%vs U.S. average
#1 of 8Michigan metros
100cost of living (U.S. = 100)
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Financial Specialists, All Other pay range in Detroit

New workers and the lowest-paid 10% earn about $44,990 a year or less, while the top 10% make $158,030 or more. The middle half of other financial specialists in Detroit earn between $56,330 and $107,990.

  • $45K10th
  • $56K25th
  • $80KMedian
  • $108K75th
  • $158K90th

median average · bar = middle 50% of workers · how to read it

Pay levelPer yearPer monthPer hour*
Average$87,310$7,276$41.98
Median$79,960$6,663$38.44
Entry level (25th percentile)$56,330$4,694$27.08
Experienced (75th percentile)$107,990$8,999$51.92

*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.

Financial Specialists, All Other pay in Detroit vs. Michigan and the U.S.

Other financial specialists in Detroit earn 4% more than the Michigan average ($83,890) and 7% less than the U.S. average ($93,810). At the median the gap is -1% against the U.S. median of $81,100.

AreaAverageMedian10th pct.90th pct.Jobs
Detroit$87,310$79,960$44,990$158,0301,430
Michigan$83,890$75,040$45,980$139,4802,620
United States$93,810$81,100$48,460$151,490132,130

State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.

Financial Specialists, All Other salary after taxes in Detroit

On the average salary of $87,310, a single filer in Detroit takes home about $64,832 a year, or $5,403 a month and $2,494 every two weeks. Taxes take 26% 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%).

Michigan paycheck calculator: try your own salary

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Is Detroit a good place for other financial 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 $87,310 buys what about $87,051 would buy in a typical U.S. metro. This job pays 1.5 times the median wage of all jobs in Detroit ($52,080). A typical home costs $269,080, or 3.1 years of this average salary before tax.

See what $87,310 is worth in another city

Financial Specialists, All Other salary in other Michigan cities

Detroit ranks 1st of 8 Michigan metro areas for this job, the best-paid in the state.

All Financial Specialists, All Other salaries in Michigan

Highest-paying cities for other financial specialists

New York, NY pays this job the most of the metro areas we cover ($138,620).

Financial Specialists, All Other salary by city

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Reviewed before it counts. Financial Specialists, All Other in Detroit, MI.

Financial Specialists, All Other salary in Detroit: questions

How much do other financial specialists make an hour in Detroit?

$41.98 an hour on average, and $38.44 at the median (BLS, May 2025).

What is the entry-level other financial specialists salary in Detroit?

The lowest-paid 10% earn about $44,990 a year and the 25th percentile is $56,330, a fair guide to starting pay.

What is the other financial specialists take-home pay in Detroit?

About $64,832 a year ($5,403 a month) for a single filer on the average salary of $87,310. Includes Detroit's local income tax (2.4%).

Do other financial specialists earn more in Detroit than elsewhere?

The average here is 7% less than the U.S. average for this job ($93,810).

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 13-2099; area Detroit-Warren-Dearborn, MI (19820). Relative standard error of the mean wage: 6.3%.
  • 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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