Financial Managers salary in Ann Arbor, MI
Median pay for financial managers in Ann Arbor, MI: $135,050/yr
Typical range (10th–90th percentile): $89,660 – $239,200 · about 860 employed locally
Above the typical metro median ($131,810) by +$3,240 (+2%).
What it's really worth in Ann Arbor
With Ann Arbor's cost of living at 98 (US=100), that $135,050 has the buying power of about $137,596 in an average-cost US metro.
Local context: median household income $84,245 · median home $422,945 · median rent $2,068/mo.
How Ann Arbor ranks for this job
On raw pay, Ann Arbor, MI is 78th of the 187 metros we hold financial managers wages for. Once Ann Arbor's cost of living is applied, it ranks 100th.
The headline number flatters Ann Arbor. Once housing and everyday costs are taken into account, financial managers here keep less of what they earn than the raw salary implies.
What that salary buys in Ann Arbor
A median home in Ann Arbor, MI costs $422,945 — about 3.1× this salary, against a typical US metro figure of 4.7×. Buying is more attainable here than in the average metro on this income.
Median rent of $2,068/mo works out at 18% of gross pay — inside the conventional 30% affordability ceiling.
Where financial managers earn more
Pay on its own is only half the picture, so each row shows what rent costs there relative to Ann Arbor.
| Metro | Median pay | vs Ann Arbor | Rent vs Ann Arbor |
|---|---|---|---|
| New York, NY | $215,630 | +60% | 1.7× |
| San Jose, CA | $211,850 | +57% | 1.8× |
| San Francisco, CA | $203,620 | +51% | 1.6× |
| Boulder, CO | $176,880 | +31% | 1.1× |
Same job elsewhere in MI
| Metro | Median pay | vs Ann Arbor | Rent vs Ann Arbor |
|---|---|---|---|
| Detroit, MI | $135,320 | +0% | 0.7× |
| Lansing, MI | $128,240 | −5% | 0.6× |
| Kalamazoo, MI | $127,690 | −5% | 0.6× |
| Grand Rapids, MI | $127,660 | −5% | 0.8× |
Staying in MI keeps state income tax and licensing the same, which makes these the most directly comparable moves.
Who hires financial managers around Ann Arbor
Large local employers in sectors that typically employ this role.
- Trinity Health · Healthcare
- General Motors · Manufacturing
- Pfizer · Healthcare
Other jobs in Ann Arbor
Source: US BLS OEWS (May 2023) median annual wage; cost of living from BEA; home price and rent from Zillow; household income from US Census ACS. Rankings are across the 187 metros we hold wage data for in this occupation. Estimates for guidance only. See methodology.