As of April 01, 2025, the average annual salary for an Innovation Analyst V in Michigan is $181,506. Salary.com reports that pay typically ranges from $161,170 to $206,602, with most professionals earning between $142,656 and $229,451.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $209,791 | $17,483 | $4,034 | $101 |
| Average | $184,307 | $15,359 | $3,544 | $89 |
| 25th Percentile | $163,658 | $13,638 | $3,147 | $79 |
An entry-level Innovation Analyst V with under 1 year experience makes about $171,930. With less than 2 years of experience, a mid-level Innovation Analyst V makes around $173,542. After 2-4 years, the Innovation Analyst V pay rises to about $174,186. Those senior Innovation Analyst V with 5-8 years of experience earn roughly $177,409, and those Innovation Analyst V having 8 years or more experience are expected to earn about $179,988 on average.
| Levels | Salary |
|---|---|
| Entry Level Innovation Analyst V | $171,930 |
| Intermediate Level Innovation Analyst V | $173,542 |
| Senior Level Innovation Analyst V | $174,186 |
| Specialist Level Innovation Analyst V | $177,409 |
| Expert Level Innovation Analyst V | $179,988 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 5% |
| Top Level | 4% |
| Experienced | 2% |
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Innovation Analyst V salary varies from city to city. Compared with national average salary of Innovation Analyst V, the highest Innovation Analyst V salary is in San Francisco, CA, where the Innovation Analyst V salary is 24.9% above. The lowest Innovation Analyst V salary is in Miami, FL, where the Innovation Analyst V salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $230,182 |
24.9%
|
| Washington, DC | $204,065 |
10.7%
|
| Miami, FL | $177,083 |
|
| Chicago, IL | $190,463 |
3.3%
|
| Boston, MA | $205,558 |
11.5%
|
| New York, NY | $213,594 |
15.9%
|
