Financial Examiner Salary in Michigan
Based on 710+ workers in Michigan
Median Annual Salary (MI)
$71,050
$34.16/hr
vs National Average
$89,293
-20.4% vs national median
Salary Range (10th–90th)
$50K – $122K
710 employed in Michigan
Financial Examiners in Michigan earn a median salary of $71,050 per year, according to current labor data. With approximately 710 workers employed in this role across the state, Financial Examiner salary in Michigan ranges from $50,310 to $121,620 annually. This median falls about 20% below the national average, reflecting regional economic differences and cost of living variations.
Several factors influence earning potential for financial examiners in Michigan. Experience level, specific employer type, and industry sector significantly impact compensation, with those working for larger financial institutions or federal agencies typically earning more. Educational credentials, professional certifications, and geographic location within the state also play important roles in determining individual salary outcomes within this field.
Salary Distribution — Financial Examiner in Michigan
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $50,310 |
| 25th percentile | $59,030 |
| Median (50th percentile) | $71,050 |
| 75th percentile | $96,010 |
| 90th percentile | $121,620 |
Top-Paying Industries for Financial Examiner (U.S.)
Which industries pay Financial Examiners the most — nationwide figures (industry-level data is not available by state). Financial Examiners in Michigan tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Other Services (except Public Administration) | $144,000 | 370 |
| Manufacturing | $117,060 | 30 |
| Wholesale Trade | $115,230 | 40 |
| Government (excl. schools, hospitals & USPS) | $106,440 | 12K |
| Information | $100,380 | 180 |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Financial Examiner in Michigan vs National
| Year | Median Salary (Michigan) |
|---|---|
| 2022 | $77,980 |
| 2023 | $72,180 |
| 2024 | $66,160 |
| 2025 | $71,050 |
| 2026 (projected) | $75,313 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Michigan Median | National Median |
|---|---|---|
| 2022 | $77,980 | $80,070 |
| 2023 | $72,180 | $82,485 |
| 2024 | $66,160 | $86,730 |
| 2025 | $71,050 | $89,293 |
| 2026 (projected) | $75,313 | $94,651 |
Financial Examiner Salary by Experience Level in Michigan
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $59,030 |
| Mid-level | 3-5 yrs | $71,050 |
| Senior | 6-9 yrs | $96,010 |
| Staff / Lead | 10+ yrs | $121,620 |
Financial Examiner Salary in Other States
Related Financial Examiner Salaries in Michigan
How other high-demand occupations in Michigan compare to Financial Examiner ($71,050 median).
| Occupation | Median Salary | vs Financial Examiner | Hourly |
|---|---|---|---|
| Financial Manager in MI | $139,370 | +96.2% | $67.00/hr |
| Economist in MI | $106,350 | +49.7% | $51.13/hr |
| Actuary in MI | $100,640 | +41.6% | $48.38/hr |
| Budget Analyst in MI | $96,430 | +35.7% | $46.36/hr |
| Financial Analyst in MI | $95,420 | +34.3% | $45.88/hr |
| Accountant in MI | $78,820 | +10.9% | $37.89/hr |
| Personal Financial Advisor in MI | $77,930 | +9.7% | $37.47/hr |
| Compliance Officer in MI | $77,390 | +8.9% | $37.21/hr |
| Tax Examiner in MI | $75,040 | +5.6% | $36.08/hr |
| Credit Analyst in MI | $74,640 | +5.1% | $35.88/hr |
| Loan Officer in MI | $74,470 | +4.8% | $35.80/hr |
| Securities Sales Agent in MI | $73,480 | +3.4% | $35.33/hr |
Frequently Asked Questions
How much do financial examiners make in Michigan?
- The median salary for financial examiners in Michigan is $71,050 per year, or approximately $34 per hour. This is about 20.4% below the national average for this position.
What is the salary range for financial examiners in Michigan?
- Financial examiners in Michigan earn between $50,310 and $121,620 annually, depending on experience, employer, and other factors. This represents a significant range of over $71,000 between the lowest and highest earners.
Is being a financial examiner in Michigan paid less than the national average?
- Yes, financial examiners in Michigan earn 20.4% less than the national average. The median salary of $71,050 in Michigan is notably below what financial examiners earn in other states on average.
How many financial examiners are employed in Michigan?
- There are 710 financial examiners currently employed in Michigan. This represents the total workforce in this profession across the state.