Detroit-Warren-Dearborn, MI metro area · BLS May 2025 · Updated

How much does a financial manager make in Detroit-Warren, MI?

In the Detroit-Warren-Dearborn, MI metropolitan area, financial managers earned a median of $160,240 a year ($77.04 an hour) in May 2025, according to the BLS Occupational Employment and Wage Statistics survey for the metro. BLS counted 11,670 of these jobs there. That is 208% above the $52,080 median for all jobs in the metro. The middle 80% earned between $91,520 and $285,500; these percentiles do not measure years of experience. Applying 2026 federal and Michigan tax rules to the median leaves an estimated $114,231 in take-home pay.

Financial manager pay in Detroit-Warren, MI at a glance

Median salary

$160,240$77.04 per hour · $13,353 monthly · BLS May 2025
10th percentile$91,520$44.00/hr
25th percentile$117,480$56.48/hr
75th percentile$206,780$99.41/hr
90th percentile$285,500$137.26/hr
Jobs in this metro11,670Location quotient 1.13 (U.S. = 1.00)
Against all jobs here208% aboveAll-jobs median $52,080
Against Michigan15% aboveStatewide median $139,370
Against the U.S.4% belowNational median $166,570

Run the numbers on your own pay

Same U.S. tax tables as the rest of the site. Change the salary, state, or filing status.

Financial manager salary in Detroit-Warren, MI after taxes

$160,240
$60,000$325,000
Filing status:
Gross salary breakdown$160,240
Net 71%
Fed 17%
MI 4%
FICA 8%
Annual take-home$114,231After all taxes
Monthly deposit$9,519Estimated per month
Biweekly paycheck$4,393Every 2 weeks (26/yr)
Effective tax rate28.7%Total tax burden
Federal income tax$27,192 / yr
Michigan state income tax$6,559 / yr
FICA (Social Security & Medicare)$12,258 / yr

Financial managers pay range in Detroit-Warren, MI, hourly and yearly

BLS May 2025 estimates for the Detroit-Warren-Dearborn, MI metropolitan statistical area. Monthly and take-home figures are ours, computed from the annual wage.

What financial managers earned in the Detroit-Warren-Dearborn, MI metro area, May 2025
PercentileHourlyMonthlyYearlyAfter tax a year (MI)
10th percentile$44.00/hr$7,627$91,520$69,575
25th percentile$56.48/hr$9,790$117,480$86,735
MedianMedian$77.04/hr$13,353$160,240$114,231
75th percentile$99.41/hr$17,232$206,780$145,383
90th percentile$137.26/hr$23,792$285,500$194,210

Is $160,240 a good salary in Detroit-Warren, MI?

It depends on what else people there earn and what things cost. Here is the median for financial managers next to both.

Median household income$76,664Census Bureau ACS
Local price level (U.S. = 100)100.30.3% above national average
One paycheck vs. a household209%of area median income

The same job statewide and nationally, and a calculator for your own paycheck.

Financial manager pay in Detroit-Warren, MI: common questions

What is the median salary for financial managers in Detroit-Warren-Dearborn, MI?

The BLS median annual wage for financial managers in the Detroit-Warren-Dearborn, MI metro area was $160,240 in May 2025, about $13,353 a month or $77.04 an hour. Statewide, the Michigan median for this job is $139,370, so the metro pays 15% above the state.

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 was $77.04 in the BLS survey. One in ten earned less than $44.00 an hour and one in ten earned more than $137.26.

How many financial managers work in Detroit-Warren-Dearborn, MI?

BLS estimated 11,670 jobs for financial managers in the metro in May 2025, or 6.1 of every 1,000 jobs. Its location quotient of 1.13 means the job is more concentrated here than in the country as a whole.

What is the pay range for financial managers in Detroit-Warren-Dearborn, MI?

BLS wage estimates for financial managers in Detroit-Warren-Dearborn, MI run from $91,520 at the 10th percentile to $117,480 at the 25th, $206,780 at the 75th, and $285,500 at the 90th. These are points in the wage distribution, not experience levels.

How much do financial managers take home after taxes in Detroit-Warren-Dearborn, MI?

On a median gross salary of $160,240, an estimated $114,231 lands in net take-home pay per year ($4,393 biweekly) for a single filer claiming the standard deduction in Michigan in 2026. Total tax withholding equals $46,009 (an effective rate of 28.7%).

How much do financial managers make per month in Detroit-Warren-Dearborn, MI?

On the median annual salary of $160,240, gross monthly income is $13,353. After federal, FICA, and Michigan state income taxes, estimated net take-home pay is $9,519 per month (or $4,393 every two weeks).

Is $160,240 a good salary in Detroit-Warren-Dearborn, MI?

At $160,240, the median salary for financial managers is 209% of the Detroit-Warren-Dearborn, MI median household income ($76,664). It is 208% above the $52,080 median for all jobs in the metro. The BEA regional price parity is 100.3, so prices here run 0.3% above the U.S. average.