What is the median salary for Financial Managers in Detroit?

According to BLS OEWS May 2025, the median annual wage for Financial Managers in Detroit-Warren-Dearborn, MI is $160,240.

How does Detroit pay compare to the US median for Financial Managers?

Local median pay is 3.8% below the national OEWS median of $166,570.

How does cost of living change what that wage buys?

BEA RPP for Detroit is 100.3 (US = 100, 2024). The local median of $160,240 has about the same purchasing power as $159,761 at US-average prices.

How current is this data?

Wages are BLS OEWS May 2025. Price levels use BEA Regional Price Parities for 2024. See methodology for source details.

Financial Managers, Detroit

$160,240

BLS OEWS median annual wage in Detroit-Warren-Dearborn, MI. Middle half of wages roughly $117,480 to $206,780.

BLS OEWS median, May 2025, as of May 15, 2026. BEA Regional Price Parity 2024. Disclaimer

vs US median: −3.8%
US median: $166,570
Metro RPP: 100.3
Middle half: $117,480 to $206,780
OEWS employment: 11,670
SOC: 11-3031

Financial Managers in Detroit pay a median $160,240 (May 2025), 3.8% below the US median of $166,570. At local prices (RPP 100.3), that median buys about what $159,761 buys at US-average prices.

Purchasing power

$160,240 in Detroit buys about what $159,761 buys at US-average prices (BEA RPP 100.3, 2024). Housing (rents) RPP is 94.7 vs all-items 100.3 (US = 100, 2024).

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Financial Managers in nearby metros

Metro	Median	Middle half	RPP
Detroit	$160,240	$117,480 to $206,780	100.3
Las Vegas	$132,650	$94,330 to $177,420	100.2
San Francisco	$216,150	$166,790 to $314,940	115.6
Tulsa	$141,980	$111,060 to $199,040	89.2

BLS OEWS May 2025 where published for the CBSA.

FAQ

What is the median salary for Financial Managers in Detroit?: According to BLS OEWS May 2025, the median annual wage for Financial Managers in Detroit-Warren-Dearborn, MI is $160,240.
How does Detroit pay compare to the US median for Financial Managers?: Local median pay is 3.8% below the national OEWS median of $166,570.
How does cost of living change what that wage buys?: BEA RPP for Detroit is 100.3 (US = 100, 2024). The local median of $160,240 has about the same purchasing power as $159,761 at US-average prices.
How current is this data?: Wages are BLS OEWS May 2025. Price levels use BEA Regional Price Parities for 2024. See methodology for source details.

What this covers

Includes

BEA Regional Price Parities (all items, goods, housing rents, other services)
BLS OEWS median wages, percentile bands, and employment where published
Purchasing-power math: salary × (destination RPP ÷ origin RPP)

Does not include

Federal, state, or local income taxes
Childcare, healthcare premiums, or leave benefits
Job openings. OEWS employment is a published stock estimate, not hiring demand

Median wages are published BLS OEWS metro estimates; price levels use BEA Regional Price Parities. See methodology and disclaimer.