In Detroit, MI, Financial Analysts earn a median of $85,710 a year — about 24% below the U.S. median of $112,950. Among the 50 metros tracked here for this role, that ranks #31.
What that pay is worth in Detroit
Local prices run 100 on the BEA cost-of-living index (U.S. = 100), so a $97,770 salary is about break-even with the national average ($97,480 adjusted).
Can Financial Analysts afford a home in Detroit?
A typical Detroit home runs about $76,800 — 0.8 times the average Financial Analyst salary, very affordable against the classic 3x rule of thumb. Median rent near $1,034/mo takes roughly 13% of gross pay — within the 30% comfort line.
The Financial Analyst pay ladder in Detroit
Entry-level (10th percentile) Financial Analysts earn about $62,120; the top 10% reach $129,450 — a $67,330 spread, wide for this field. Most of that gap comes down to experience, employer, and how hard you negotiate.
The Financial Analyst job market in Detroit
Detroit employs roughly 4,400 Financial Analysts. It’s a sizable local market to build a career in.
Compare Detroit with other cities
See the full Financial Analyst salary by city ranking to weigh Detroit against the other metros on both pay and cost-adjusted value, or use the cost-of-living calculator to compare any two cities directly.
Frequently asked questions
How much do Financial Analysts make in Detroit?
The average Financial Analyst in Detroit, MI earns about $97,770 per year, 13.4% below the national average of $112,950.
What is the take-home pay for Financial Analysts in Detroit after taxes?
After federal and MI taxes, this $97,770 salary is worth about $73,455 a year - roughly $6,121 a month in take-home pay, an effective tax rate near 25%.
What do the highest-paid Financial Analysts earn in Detroit?
The top 10% of Financial Analysts in Detroit earn about $129,450 a year, versus about $62,120 for the bottom 10%.
Can Financial Analysts afford a home in Detroit?
A typical Detroit home runs about $76,800 - roughly 0.8x this salary, within reach by the classic 3x rule of thumb.