Average Financial Managers Salary in Bay City, MI
The average salary for Financial Managerss in Bay City, MI is $139,330. While this is lower than the national average, the cost of living in Bay City, MI may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $139,330 per year.
- Growth Trend: Salaries have shifted 10.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $225,980.
- Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 110 professionals. With a high job density of 3.246 per 1,000 jobs, there is a strong concentration of opportunities in this sector.
Salary Overview
The average Financial Managers in Bay City, MI earns-24.5%below the national average.
$67
$2,679
$11,611
Financial Managers Salary Trends (2020-2024)
Over the past 4 years, Financial Managers salaries in Bay City, MI have shown healthy growth of 10.1%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Managers Salary Distribution in Bay City, MI
The earning potential for Financial Managerss in Bay City, MI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $77,080, while highly experienced professionals can command wages upwards of $225,980.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $77,080 | $37.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $104,498 | $50.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $127,900 | $61.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $174,163 | $83.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $225,980 | $108.6 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$139,330
Gross Pay
Real Wage (Purchasing Power)
$139,330
Adjusted for COL (100)
In Bay City, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $139,330 to $139,330.
Job Market Context
110
Total Jobs
3.246
Per 1K Jobs
0.61
Location Quotient
Bay City, MI has 0.61x 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.
110 people work as Financial Managers in Bay City, MI.
Moderate density — roughly 3.246 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Saginaw, MI Financial Managers Salary | $135,120↓ 3% | 12 mi |
| Midland, MI Financial Managers Salary | $196,360↑ 41% | 17 mi |
| Mid Michigan nonmetropolitan area Financial Managers Salary | $125,050↓ 10% | 37 mi |
| Southern Michigan nonmetropolitan area Financial Managers Salary | $140,670↑ 1% | 37 mi |
| Northern Michigan nonmetropolitan area Financial Managers Salary | $120,690↓ 13% | 37 mi |
Comparing salaries near Bay City, MI
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Bay City, MI?
The median annual salary for a Financial Managers in Bay City, MI is $139,330. This typically ranges from $77,080 for entry-level positions to $225,980 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bay City, MI is 24.5% lower than the national median of $184,480.
Is Bay City, MI a good place for Financial Managerss?
It depends on your priorities. While the average Financial Managers salary in Bay City, MI is $139,330 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Bay City, MI. See distinct detailed breakdown below.
Is Bay City, MI a good place to live for Financial Managers?
The Cost of Living Index in Bay City, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bay City, MI?
Some top paying nearby cities include Saginaw, MI ($135,120) and Midland, MI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Bay City, MI area with a job density of 3.246 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 Managers • Data source: BLS OEWS 2024 •Jobs in Bay City, MI