Financial Risk Specialists Salary in Michigan
Financial Risk Specialists in Michigan earn a median annual wage of $103,940 —11.4% below the national median of $117,330. That ranks MI #20 of 50 covered states and territories for this occupation.
Wage distribution
How earnings are spread across workers in this occupation, from the 10th to the 90th percentile.
Employment is only 0.63× as concentrated as the national average — this occupation is relatively scarce in Michigan.
Highest-paying states for financial risk specialists
All 50 states ranked by median annual wage. Michigan is highlighted.
| # | State | Median annual | Median hourly | Employment | Location quotient |
|---|---|---|---|---|---|
| 1 | New Hampshire | $158,320 | $76.12 | 300 | 1.07 |
| 2 | Maine | $141,020 | $67.80 | — | — |
| 3 | Delaware | $139,440 | $67.04 | 1,160 | 5.83 |
| 4 | New York | $136,830 | $65.78 | 12,060 | 3.03 |
| 5 | North Carolina | $132,040 | $63.48 | 3,200 | 1.58 |
| 6 | Massachusetts | $130,400 | $62.69 | 1,440 | 0.96 |
| 7 | New Jersey | $129,220 | $62.12 | 2,760 | 1.57 |
| 8 | California | $129,110 | $62.07 | 5,740 | 0.77 |
| 9 | Virginia | $126,510 | $60.82 | 1,770 | 1.05 |
| 10 | Washington | $123,150 | $59.21 | 900 | 0.62 |
Related occupations in Michigan
Occupations in the same job family, compared within Michigan.
| Occupation | Michigan median | U.S. median |
|---|---|---|
| Accountants and Auditors | $78,820 | $83,680 |
| Business Operations Specialists, All Other | $81,810 | $83,050 |
| Project Management Specialists | $100,970 | $102,320 |
| Human Resources Specialists | $69,520 | $75,940 |
| Market Research Analysts and Marketing Specialists | $66,780 | $78,760 |
| Management Analysts | $93,640 | $101,860 |
Frequently asked questions
How much do financial risk specialists make in Michigan?
The median annual wage for financial risk specialists in Michigan is $103,940, or $49.97 per hour. That is 11.4% below the national median of $117,330.
What is the entry-level financial risk specialists salary in Michigan?
Workers at the 10th percentile earn $60,400 per year ($29.04/hour). The 25th percentile is $79,720.
How many people work as financial risk specialists in Michigan?
About 1,150 people work in this occupation in Michigan, or 0.3 per 1,000 jobs statewide.
Is Michigan a good state for financial risk specialists?
Michigan ranks #20 of 50 states by median wage for this occupation. Employment is only 0.63x as concentrated as the national average, so this occupation is relatively scarce in Michigan.
Which state pays financial risk specialists the most?
New Hampshire has the highest median wage at $158,320 per year, followed by Maine ($141,020) and Delaware ($139,440).