Average Financial Managers Salary in Muskegon-Norton Shores, MI
The average salary for Financial Managerss in Muskegon-Norton Shores, MI is $142,890. While this is lower than the national average, the cost of living in Muskegon-Norton Shores, MI may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $142,890 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $198,640.
- Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 170 professionals. This role remains a specialized component of the broader Muskegon-Norton Shores, MI economy.
Salary Overview
The average Financial Managers in Muskegon-Norton Shores, MI earns-22.5%below the national average.
$68.7
$2,748
$11,908
Financial Managers Salary Trends (2020-2024)
Historical trend data for Financial Managers in Muskegon-Norton Shores, MI is limited, but current market signals indicate a stable demand environment.
Financial Managers Salary Distribution in Muskegon-Norton Shores, MI
The earning potential for Financial Managerss in Muskegon-Norton Shores, MI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $74,420, while highly experienced professionals can command wages upwards of $198,640.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $74,420 | $35.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $107,168 | $51.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $120,760 | $58.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $178,613 | $85.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $198,640 | $95.5 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$142,890
Gross Pay
Real Wage (Purchasing Power)
$142,890
Adjusted for COL (100)
In Muskegon-Norton Shores, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $142,890 to $142,890.
Job Market Context
170
Total Jobs
2.766
Per 1K Jobs
0.52
Location Quotient
Muskegon-Norton Shores, MI has 0.52x 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.
170 people work as Financial Managers in Muskegon-Norton Shores, MI.
Moderate density — roughly 2.766 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Grand Rapids-Wyoming-Kentwood, MI Financial Managers Salary | $145,200↑ 2% | 35 mi |
| Kalamazoo-Portage, MI Financial Managers Salary | $154,370↑ 8% | 74 mi |
| Sheboygan, WI Financial Managers Salary | $163,600↑ 14% | 82 mi |
| Battle Creek, MI Financial Managers Salary | $157,310↑ 10% | 83 mi |
| Racine-Mount Pleasant, WI Financial Managers Salary | $151,840↑ 6% | 86 mi |
Comparing salaries near Muskegon-Norton Shores, MI
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Muskegon-Norton Shores, MI?
The median annual salary for a Financial Managers in Muskegon-Norton Shores, MI is $142,890. This typically ranges from $74,420 for entry-level positions to $198,640 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Muskegon-Norton Shores, MI is 22.5% lower than the national median of $184,480.
Is Muskegon-Norton Shores, MI a good place for Financial Managerss?
It depends on your priorities. While the average Financial Managers salary in Muskegon-Norton Shores, MI is $142,890 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Muskegon-Norton Shores, MI. See distinct detailed breakdown below.
Is Muskegon-Norton Shores, MI a good place to live for Financial Managers?
The Cost of Living Index in Muskegon-Norton Shores, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Muskegon-Norton Shores, MI?
Some top paying nearby cities include Grand Rapids-Wyoming-Kentwood, MI ($145,200) and Kalamazoo-Portage, MI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 170 employees in the Muskegon-Norton Shores, MI area with a job density of 2.766 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Financial Managers Salaries by State
Top Jobs in Muskegon-Norton Shores, MI
- All Occupations Salary in Muskegon-Norton Shores, MI
- Production Occupations Salary in Muskegon-Norton Shores, MI
- Sales and Related Occupations Salary in Muskegon-Norton Shores, MI
- Food Preparation and Serving Related Occupations Salary in Muskegon-Norton Shores, MI
- Office and Administrative Support Occupations Salary in Muskegon-Norton Shores, MI
- Transportation and Material Moving Occupations Salary in Muskegon-Norton Shores, MI
- Healthcare Practitioners and Technical Occupations Salary in Muskegon-Norton Shores, MI
- Management Occupations Salary in Muskegon-Norton Shores, MI
- Educational Instruction and Library Occupations Salary in Muskegon-Norton Shores, MI
- Healthcare Support Occupations Salary in Muskegon-Norton Shores, MI
- Browse All Jobs in Muskegon-Norton Shores, MI →
Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in Muskegon-Norton Shores, MI