Financial Managers Salary in Grand Rapids-Wyoming-Kentwood, MI
Median annual salary
$133,380
-20% vs US median ($166,570)
Worth after local cost of living
$146,250
cost index 91.2 (relative rent (Census ACS), US metro median = 100)
Pay range in Grand Rapids-Wyoming-Kentwood, MI
| 10th percentile | $77,680 |
| 25th percentile | $102,020 |
| Median (50th) | $133,380 |
| 75th percentile | $170,510 |
| 90th percentile | $223,180 |
| Mean | $148,010 |
| Employed in metro | 2,820 |
A Financial Managers in Grand Rapids-Wyoming-Kentwood, MI earns a median of $133,380 per year. That is 20% below the national median of $166,570 for this occupation. Because Grand Rapids-Wyoming-Kentwood, MI has a cost index of 91.2 (below the US metro average of 100), that salary has the local purchasing power of about $146,250 in an average-cost metro.
Local context: median household income in the metro is $82,874, median gross rent $1,202/mo, and the median home value $285,300. See the full Grand Rapids-Wyoming-Kentwood, MI cost-of-living profile.