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External Financial Modeling Analyst III Salary in Michigan

How much does an External Financial Modeling Analyst III make in Michigan?

As of August 01, 2026, the average salary for an External Financial Modeling Analyst III in Michigan is $105,800 per year, which breaks down to an hourly rate of $51.

However, an External Financial Modeling Analyst III's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $122,230
  • Majority Range (25th-75th percentile): $95,700 to $114,400
  • Entry-Level (10th percentile): $86,504
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View as table View as graph 25% $95,700 10% $86,504 90% $122,230 75% $114,400 $105,800 50%(Median) Didn’t find job title? Click

External Financial Modeling Analyst III Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $114,400 $9,533 $2,200 $55
Average $105,800 $8,817 $2,035 $51
25th Percentile $95,700 $7,975 $1,840 $46
Check out External Financial Modeling Analyst III Job Openings in Michigan
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Key Factors That Influence External Financial Modeling Analyst III Salaries

An External Financial Modeling Analyst III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.

How Experience Level Affects External Financial Modeling Analyst Salaries?

Experience is a primary driver of an External Financial Modeling Analyst III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • External Financial Modeling Analyst I (0-2 years): $83,145
  • External Financial Modeling Analyst II (2-4 years): $102,874
  • External Financial Modeling Analyst III (4-7 years): $105,784
  • External Financial Modeling Analyst IV (7+ years): $123,489
Job Role Years of Experience Average Salary
External Financial Modeling Analyst I0-2 years$83,145
External Financial Modeling Analyst II2-4 years$102,874
External Financial Modeling Analyst III4-7 years$105,784
External Financial Modeling Analyst IV7+ years$123,489
$83,145 External ...
$102,874 External ...
$105,784 External ...
$123,489 External ...
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What Am I Worth?

Top Paying Cities for External Financial Modeling Analyst IIIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Davison: $102,000
  • Decker: $100,800
  • Deckerville: $100,400

External Financial Modeling Analyst III Salary by Company Size: Startups vs. Enterprise

External Financial Modeling Analyst III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $118,437. While startup companies pay approximate $100,195.

External Financial Modeling Analyst III Salary by Company Size

Company Size Employees Average Salary
Startup1~50$100,195
Growth Stage51~500$105,968
Established501~5000$114,372
Enterprise5000+$118,437

External Financial Modeling Analyst III Salary by Industry: Top Paying Sectors

For External Financial Modeling Analyst III roles, the industry you choose can affect earning potential by as much as 29% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and Internet sectors offer the strongest compensation, at 15% above the average. In contrast, External Financial Modeling Analyst positions in Hospitality & Leisure or Retail & Wholesale typically offer lower base pay, as these industries often view External Financial Modeling Analyst III as a support function rather than a direct revenue driver.

The top paying industries for an External Financial Modeling Analyst III

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Energy & Utilities$121,670$58.015%
Internet$120,612$58.014%
Biotechnology$118,496$57.012%
Pharmaceuticals$116,380$56.010%
Insurance$114,264$55.08%

External Financial Modeling Analyst III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an External Financial Modeling Analyst III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2026
$95,700
Average $105,800/year
$114,400
$7,975
Average $8,817/month
$9,533
$1,840
Average $2,035/week
$2,200
$46
Average $51/hour
$55
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $114,400 $9,533 $2,200 $55
Average $105,800 $8,817 $2,035 $51
25th Percentile $95,700 $7,975 $1,840 $46

External Financial Modeling Analyst III Salary Growth & Career Path

External Financial Modeling Analyst III
Data Analytics Advisor IV
External Financial Modeling Analyst IV
Professional Services Consultant IV
Manager of Supply Chain Advising
Data Analytics Advising Manager
VP of Professional Services Consulting

Promotions are the fastest way to increase your earnings. As an External Financial Modeling Analyst III, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

External Financial Modeling Analyst III Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Data Analytics Advisor IV $123,500 17%
External Financial Modeling Analyst IV $123,500 17%
Professional Services Consultant IV $108,100 2%
Manager of Supply Chain Advising $138,400 31%

Salaries of jobs related to External Financial Modeling Analyst III

Find Your Next External Financial Modeling Analyst III Job

Ready to take the next step in your career? Browse thousands of current External Financial Modeling Analyst III job openings on our job board. Use the search bar below to find your perfect match.

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