Average Financial and Investment Analysts Salary in Monroe, MI
The average salary for Financial and Investment Analystss in Monroe, MI is $100,700. While this is lower than the national average, the cost of living in Monroe, MI may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $100,700 per year.
- Growth Trend: Salaries have shifted 24.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $141,700.
- Outlook: The current demand for Financial and Investment Analystss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Monroe, MI economy.
Salary Overview
The average Financial and Investment Analysts in Monroe, MI earns-14.6%below the national average.
$48.4
$1,937
$8,392
Financial and Investment Analysts Salary Trends (2020-2024)
Over the past 3 years, Financial and Investment Analysts salaries in Monroe, MI have experienced a rapid surge, growing by 24.1%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial and Investment Analysts Salary Distribution in Monroe, MI
The earning potential for Financial and Investment Analystss in Monroe, MI varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $57,640, while highly experienced professionals can command wages upwards of $141,700.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $57,640 | $27.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $75,525 | $36.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $96,270 | $46.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $125,875 | $60.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $141,700 | $68.1 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$100,700
Gross Pay
Real Wage (Purchasing Power)
$100,700
Adjusted for COL (100)
In Monroe, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $100,700 to $100,700.
Job Market Context
40
Total Jobs
1.074
Per 1K Jobs
0.49
Location Quotient
At 0.49x, Monroe, MI has a notably lower concentration of Financial and Investment Analysts jobs than the national average. Opportunities in this area are relatively scarce for this profession.
40 people work as Financial and Investment Analysts in Monroe, MI.
1.074 out of every 1,000 local jobs are Financial and Investment Analysts positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Toledo, OH Financial and Investment Analysts Salary | $116,350↑ 16% | 20 mi |
| Ann Arbor, MI Financial and Investment Analysts Salary | $105,870↑ 5% | 31 mi |
| Detroit-Warren-Dearborn, MI Financial and Investment Analysts Salary | $106,490↑ 6% | 34 mi |
| Jackson, MI Financial and Investment Analysts Salary | $89,240↓ 11% | 57 mi |
Comparing salaries near Monroe, MI
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Monroe, MI?
The median annual salary for a Financial and Investment Analysts in Monroe, MI is $100,700. This typically ranges from $57,640 for entry-level positions to $141,700 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Monroe, MI is 14.6% lower than the national median of $117,950.
Is Monroe, MI a good place for Financial and Investment Analystss?
It depends on your priorities. While the average Financial and Investment Analysts salary in Monroe, MI is $100,700 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Monroe, MI. See distinct detailed breakdown below.
Is Monroe, MI a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Monroe, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Monroe, MI?
Some top paying nearby cities include Toledo, OH ($116,350) and Ann Arbor, MI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40 employees in the Monroe, MI area with a job density of 1.074 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Financial and Investment Analysts • Data source: BLS OEWS 2024 •Jobs in Monroe, MI