What the numbers say
About 4,660 Financial and Investment Analysts worked in the Detroit metro in 2024, making this a mid-size market for the occupation rather than a minor one.
The median annual wage came in at $98,180, which runs about 8.6% above the Michigan median of $90,400. Against the national figure of $101,220, Detroit sits roughly 3% below, a gap that is real but not dramatic. Analysts here are paid close to the US center of gravity, with a modest pull from the state's financial sector concentrated in metro Detroit.
The spread between the bottom and top of the pay range is worth noting. At the 10th percentile, analysts earned $63,340. At the 90th, they earned $137,950. Top earners in the metro make a little over twice what those starting out do. That kind of range usually reflects differences in job titles, years of experience, and the type of firm, whether that's a bank, an insurance company, a corporate treasury team, or a smaller investment shop.
The mean wage of $106,490 runs about $8,300 above the median. That gap tells us a smaller group of senior analysts pull the average up, but the effect is less pronounced here than at the national level, where the mean-to-median gap is wider.
Salary distribution
Where Detroit financial and investment analysts fall on the wage curve.
Shaded band = interquartile range (where most full-time workers fall)
The middle 50% of workers earn between $77,990 and $127,340, with a median of $101,550.
Typical entry
Education
Bachelor's degree
Experience
None
On-the-job training
None
Top skills (O*NET)
Common tasks (O*NET)
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Explore coursesFrequently asked questions
- What is the median salary for Financial and Investment Analysts in Detroit, Michigan?
- According to BLS Occupational Employment and Wage Statistics, the median annual wage for Financial and Investment Analysts in the Detroit metropolitan area is $101,550.
- Does Detroit pay more than the Michigan state average for Financial and Investment Analysts?
- The Detroit metro median is +6.4% versus the Michigan state median of $95,420.
- How does Detroit compare to the national median for Financial and Investment Analysts?
- The Detroit metro median is -2.5% versus the BLS national figure of $104,114.
- What is the salary range for Financial and Investment Analysts in Detroit?
- BLS reports the 10th-percentile annual wage at $64,470 and the 90th-percentile at $160,350 for the Detroit metro area.
- What education is required for Financial and Investment Analysts?
- BLS lists the typical entry-level education as Bachelor's degree. Many employers also weigh prior experience and credentials.
Information on this page is for general educational purposes only. It is not career, financial, or tax advice. BLS metro estimates reflect the Detroit CBSA boundary for the reference year shown and may not match individual offers, employer-specific ranges, or current market conditions. Confirm with a licensed professional before making career or compensation decisions.