Analyst, Financial Planning & Analysis Salary in Michigan

How much does an Analyst, Financial Planning & Analysis make in Michigan?

As of July 01, 2026, the average salary for an Analyst, Financial Planning & Analysis in Michigan is $67,336 per year, which breaks down to an hourly rate of $32.

However, an Analyst, Financial Planning & Analysis's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $78,914
  • Majority Range (25th-75th percentile): $61,484 to $73,396
  • Entry-Level (10th percentile): $56,157
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
AI Onboarding
Smart Recruiting
Salary Salary + Bonus Benefits
Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
View as table View as graph 25% $61,484 10% $56,157 90% $78,914 75% $73,396 $67,336 50%(Median) Didn’t find job title? Click

Analyst, Financial Planning & Analysis Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $73,396 $6,116 $1,411 $35
Average $67,336 $5,611 $1,295 $32
25th Percentile $61,484 $5,124 $1,182 $30
Check out Analyst, Financial Planning & Analysis Job Openings in Michigan
Head of Financial Planning and Analysis

Confidential - Detroit, MI

Vice President, Financial Planning & Analysis

Confidential - Detroit, MI

Financial Planning & Analysis (FP&A) Manager – Supply Chain Finance

Randstad USA - Battle Creek, MI

2027 | Americas | Detroit | Wealth Management, Financial Planning | Summer Analyst

Goldman Sachs - Detroit, MI

Search More Analyst, Financial Planning & Analysis Jobs in Michigan
Select State
Select City in MI
Choose Similar Job
Choose Category
Cost of Living
Average Salary for United States
See it in Action

Key Factors That Influence Analyst, Financial Planning & Analysis Salaries

An Analyst, Financial Planning & Analysis'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 Analyst, Financial Planning & Analysis Salaries?

Experience is a primary driver of an Analyst, Financial Planning & Analysis'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:

  • Entry-Level (less than 1 year): $66,890
  • Early Career (1-2 years): $78,769
  • Mid-Level (2-4 years): $94,403
  • Senior-Level (5-8 years): $113,806
  • Expert (over 8 years): $146,786
Levels Salary
Analyst, ... Level Analyst, Financial Planning & Analysis$66,890
Financial... Level Analyst, Financial Planning & Analysis$78,769
Financial... Level Analyst, Financial Planning & Analysis$94,403
Financial... Level Analyst, Financial Planning & Analysis$113,806
Financial... Level Analyst, Financial Planning & Analysis$146,786
$66,890 0 yr
$78,769 < 2 yrs
$94,403 2-4 yrs
$113,806 5-8 yrs
$146,786 > 8 yrs
View as Table
View as Graph

What Am I Worth?

Top Paying Cities for Analyst, Financial Planning & Analysis

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: $64,914
  • Decker: $64,136
  • Deckerville: $63,902

Analyst, Financial Planning & Analysis Salary by Industry: Top Paying Sectors

For Analyst, Financial Planning & Analysis roles, the industry you choose can affect earning potential by as much as 63% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Software & Networking sectors offer the strongest compensation, at 35% above the average. In contrast, Analyst, Financial Planning & Analysis positions in Edu., Gov't. & Nonprofit or Hospitality & Leisure typically offer lower base pay, as these industries often view Analyst, Financial Planning & Analysis as a support function rather than a direct revenue driver.

The top paying industries for an Analyst, Financial Planning & Analysis

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$90,903$44.035%
Software & Networking$87,536$42.030%
Pharmaceuticals$80,803$39.020%
Energy & Utilities$79,456$38.018%
Biotechnology$75,416$36.012%

Analyst, Financial Planning & Analysis Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Analyst, Financial Planning & Analysis'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 July 01, 2026
$61,484
Average $67,336/year
$73,396
$5,124
Average $5,611/month
$6,116
$1,182
Average $1,295/week
$1,411
$30
Average $32/hour
$35
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $73,396 $6,116 $1,411 $35
Average $67,336 $5,611 $1,295 $32
25th Percentile $61,484 $5,124 $1,182 $30

Salaries of jobs related to Analyst, Financial Planning & Analysis

Find Your Next Analyst, Financial Planning & Analysis Job

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

United States
For Employees

Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.

Search Job Openings

Search thousands of open positions to find your next opportunity.

For Employers

Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.

Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.

Cost of Living In Michigan

Cost of Living in Michigan is
-1.5% Lower
than the National Average

Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Explore Cost of Living Calculator
Empower Your Team

Salary.com experts will help you thrive your workplaces.

Find Salary.com Comp Consulting
See Salary Trends in 2025

Salary.com provides salary survey data for thousands of industry Jobs.

Price Your Company Jobs and Make Pay Fair

Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst