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Senior Analyst, Financial Planning & Analysis Salary in Michigan

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

As of August 01, 2026, the average salary for a Senior Analyst, Financial Planning & Analysis in Michigan is $93,672 per year, which breaks down to an hourly rate of $45.

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

  • Top Earners (90th percentile): $109,679
  • Majority Range (25th-75th percentile): $85,770 to $102,051
  • Entry-Level (10th percentile): $78,575
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View as table View as graph 25% $85,770 10% $78,575 90% $109,679 75% $102,051 $93,672 50%(Median) Didn’t find job title? Click

Senior Analyst, Financial Planning & Analysis Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $102,051 $8,504 $1,963 $49
Average $93,672 $7,806 $1,801 $45
25th Percentile $85,770 $7,147 $1,649 $41
Check out Senior Analyst, Financial Planning & Analysis Job Openings in Michigan
Head of Financial Planning and Analysis

Confidential - Detroit, MI

Senior Vice President, Financial Planning & Analysis

Confidential - Detroit, MI

Sr Financial Analyst (HYBRID**Not Fully Remote**)

My Michigan Health - Midland, MI

Financial Analyst or Senior Financial Analyst West Michigan | Full Relocation Package Offered

Augmentis - Detroit, MI

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Key Factors That Influence Senior Analyst, Financial Planning & Analysis Salaries

A Senior 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 Senior Analyst, Financial Planning & Analysis Salaries?

Experience is a primary driver of a Senior 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): $65,935
  • Early Career (1-2 years): $77,644
  • Mid-Level (2-4 years): $93,056
  • Senior-Level (5-8 years): $112,182
  • Expert (over 8 years): $144,685
Levels Salary
Financial... Level Senior Analyst, Financial Planning & Analysis$65,935
Financial... Level Senior Analyst, Financial Planning & Analysis$77,644
Senior An... Level Senior Analyst, Financial Planning & Analysis$93,056
Financial... Level Senior Analyst, Financial Planning & Analysis$112,182
Financial... Level Senior Analyst, Financial Planning & Analysis$144,685
$65,935 0 yr
$77,644 < 2 yrs
$93,056 2-4 yrs
$112,182 5-8 yrs
$144,685 > 8 yrs
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What Am I Worth?

Top Paying Cities for Senior 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: $90,303
  • Decker: $89,221
  • Deckerville: $88,895

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

For Senior Analyst, Financial Planning & Analysis roles, the industry you choose can affect earning potential by as much as 53% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Pharmaceuticals sectors offer the strongest compensation, at 25% above the average. In contrast, Senior Analyst, Financial Planning & Analysis positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Senior Analyst, Financial Planning & Analysis as a support function rather than a direct revenue driver.

The top paying industries for a Senior Analyst, Financial Planning & Analysis

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Biotechnology$117,090$56.025%
Pharmaceuticals$114,280$55.022%
Energy & Utilities$112,407$54.020%
Internet$107,723$52.015%
Aerospace & Defense$103,040$50.010%

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

Understanding how a Senior 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 August 01, 2026
$85,770
Average $93,672/year
$102,051
$7,147
Average $7,806/month
$8,504
$1,649
Average $1,801/week
$1,963
$41
Average $45/hour
$49
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $102,051 $8,504 $1,963 $49
Average $93,672 $7,806 $1,801 $45
25th Percentile $85,770 $7,147 $1,649 $41

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Cost of Living In Michigan

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