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Average Financial and Investment Analysts Salary in Niles, MI

The average salary for Financial and Investment Analystss in Niles, MI is $100,730. While this is lower than the national average, the cost of living in Niles, MI may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $100,730 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $137,160.
  • 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 Niles, MI economy.
2024 Market Data

Salary Overview

$100,730

The average Financial and Investment Analysts in Niles, MI earns-14.6%below the national average.

BreakdownBased on 40h/week
Hourly

$48.4

Weekly

$1,937

Monthly

$8,394

Financial and Investment Analysts Salary Distribution in Niles, MI

The earning potential for Financial and Investment Analystss in Niles, 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 $56,680, while highly experienced professionals can command wages upwards of $137,160.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$56,680$27.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$75,548$36.3
ManagerOversees team, compliance, and project delivery.50% (Median)$80,910$38.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$125,913$60.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$137,160$65.9

Detailed Financial and Investment Analysts Market Analysis

Relocation Context

Nominal Salary

$100,730

Gross Pay

Real Wage (Purchasing Power)

$100,730

Adjusted for COL (100)

In Niles, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $100,730 to $100,730.

Job Market Context

40

Total Jobs

0.635

Per 1K Jobs

0.29

Location Quotient

Low Concentration

At 0.29x, Niles, 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 Niles, MI.

Only 0.635 out of every 1,000 local jobs are Financial and Investment Analysts roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Financial and Investment Analysts

Comparing salaries near Niles, MI

Hiring Financial and Investment Analystss?

Frequently Asked Questions

How much does a Financial and Investment Analysts make in Niles, MI?

The median annual salary for a Financial and Investment Analysts in Niles, MI is $100,730. This typically ranges from $56,680 for entry-level positions to $137,160 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Niles, MI is 14.6% lower than the national median of $117,950.

Is Niles, MI a good place for Financial and Investment Analystss?

It depends on your priorities. While the average Financial and Investment Analysts salary in Niles, MI is $100,730 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Niles, MI. See distinct detailed breakdown below.

Is Niles, MI a good place to live for Financial and Investment Analysts?

The Cost of Living Index in Niles, MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Niles, MI?

Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($88,780) and Elkhart-Goshen, IN.

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 Niles, MI area with a job density of 0.635 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.