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Average Financial Managers Salary in Battle Creek, MI

Financial Managers in Battle Creek, MI, earn an average annual salary of $157,310. This figure is notably below the national average of $184,480, reflecting localized economic factors and industry demand specific to the Battle Creek region. While the nominal salary is substantial, understanding its local context is key.

Executive Summary

  • Average Salary: $157,310 per year.
  • Growth Trend: Salaries have shifted 19.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $223,130.
  • Outlook: With a total local workforce of 240 Financial Managers, Battle Creek presents a moderately sized employment landscape for this profession. The Location Quotient of 0.84 suggests a slightly lower concentration of these roles compared to the national average, indicating a stable but not overly saturated market.
2024 Market Data

Salary Overview

$157,310

The average Financial Managers in Battle Creek, MI earns-14.7%below the national average.

BreakdownBased on 40h/week
Hourly

$75.6

Weekly

$3,025

Monthly

$13,109

Financial Managers Salary Distribution in Battle Creek, MI

The salary trajectory for Financial Managers in Battle Creek, like elsewhere, is heavily influenced by experience. Entry-level positions will command salaries at the lower end of the spectrum, while senior-level roles, with extensive experience and proven leadership, can push earnings significantly higher, often into the top percentiles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$80,020$38.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$117,983$56.7
ManagerOversees team, compliance, and project delivery.50% (Median)$136,460$65.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$196,638$94.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$223,130$107.3

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$157,310

Gross Pay

Real Wage (Purchasing Power)

$157,310

Adjusted for COL (100)

The average annual salary of $157,310 in Battle Creek aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Financial Manager's salary in Battle Creek is equivalent to the national average, offering a balanced financial standing relative to living expenses.

Job Market Context

240

Total Jobs

4.452

Per 1K Jobs

0.84

Location Quotient

Below Average

Battle Creek, MI has 0.84x the national average concentration of Financial Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.84 indicates that Financial Managers are slightly less concentrated in Battle Creek compared to the national average. This suggests that while the profession is present and valued, the market may not be as intensely competitive as in areas with a higher concentration, potentially offering good opportunities for skilled professionals.

Nearby Job Markets

Nearby Cities for Financial Managers

CitySalaryDist.
Kalamazoo-Portage, MI Financial Managers Salary$154,370↓ 2%18 mi
Jackson, MI Financial Managers Salary$143,790↓ 9%42 mi
Lansing-East Lansing, MI Financial Managers Salary$145,170↓ 8%45 mi
Grand Rapids-Wyoming-Kentwood, MI Financial Managers Salary$145,200↓ 8%51 mi
Elkhart-Goshen, IN Financial Managers Salary$149,090↓ 5%56 mi

Comparing salaries near Battle Creek, MI

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in Battle Creek, MI?

The median annual salary for a Financial Managers in Battle Creek, MI is $157,310. This typically ranges from $80,020 for entry-level positions to $223,130 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Battle Creek, MI is 14.7% lower than the national median of $184,480.

Is Battle Creek, MI a lucrative place for Financial Managers?

Yes, with caveats.The average salary of $157,310 is substantial, and with a Cost of Living Index of 100, its purchasing power is equivalent to the national average. However, it is below the national average salary for the role.

Is Battle Creek, MI a good place to live for Financial Managers?

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

Where are the highest paying cities near Battle Creek, MI?

Some top paying nearby cities include Kalamazoo-Portage, MI ($154,370) and Jackson, MI.

How does the Battle Creek Financial Manager salary compare to the national average?

The average salary in Battle Creek ($157,310) is approximately 14.7% lower than the national average ($184,480).

What is the significance of the Location Quotient (LQ) for Financial Managers in Battle Creek?

An LQ of 0.84 means that Battle Creek has 16% fewer Financial Managers per worker than the national average, suggesting a slightly less concentrated job market for this role.

Does the Cost of Living in Battle Creek affect the value of the Financial Manager salary?

No, the Cost of Living Index is exactly 100, meaning it is the same as the national average. Therefore, the $157,310 salary has the same purchasing power in Battle Creek as the national average salary does nationally.

How many Financial Managers are employed in Battle Creek?

There are approximately 240 Financial Managers employed in Battle Creek, MI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Battle Creek, MI area with a job density of 4.452 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in Battle Creek, MI