How Much Does an Equity Associate Make in Michigan?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Equity Associate in Michigan is $85,455. While Salary.com is seeing that Equity Associate salary in MI can go up to $101,444 or down to $68,712, but most earn between $76,691 and $93,824. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Equity Associate
Equity Research Associate
$114,937
Michigan
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Private Equity Associate
$80,925
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Associate Equity Analyst
$80,710
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Private Equity Senior Associate
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Similar Job Salaries to Equity Associate by Company

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Company average base salary in (usd) range
PIMCO
Equity Associate
$109,180/yr
$98,106
$120,253
RANGE: $98,106 - $120,253
Baltimore City Public Schools
Associate - Equity
$66,138/yr
$58,193
$74,082
RANGE: $58,193 - $74,082
LMCU
Home Equity Processor
$71,553/yr
$63,984
$79,123
RANGE: $63,984 - $79,123
Lake Michigan Credit Union
HOME EQUITY CLOSER
$61,835/yr
$55,930
$67,740
RANGE: $55,930 - $67,740
Stifel
Operations Associate - Equity Settlements
$50,784/yr
$45,244
$56,324
RANGE: $45,244 - $56,324
Private Equity
Private Equity | Finance Associate
$110,705/yr
$99,699
$121,710
RANGE: $99,699 - $121,710
AutoNation, Inc.
Sales Associate, Equity Mining
$68,863/yr
$61,292
$76,434
RANGE: $61,292 - $76,434
Taurus Search
Associate - Growth Equity
$85,785/yr
$77,057
$94,514
RANGE: $77,057 - $94,514

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Top 10 Highest Paying Cities For Equity Associate Jobs in Michigan

It is important to understand how location impacts your career prospects in the United States. There are some cities where an Equity Associate can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Equity Associate job salaries in Michigan. Some cities can pay higher salaries for Equity Associate jobs, which can indicate that there is a large demand for Equity Associate positions in this city.
The following table shows top 10 cities where the Equity Associate salary is higher than other cities in Michigan. Ann Arbor takes first place in this list, followed by Canton, Novi. The Equity Associate salary is $88,831 in Ann Arbor, which is higher than the national average. There are 18 cities' Equity Associate salary higher than national average in Michigan.
The average salary for an Equity Associate in Michigan is $85,455, but we found that the city with the highest salary for Equity Associate jobs is Ann Arbor, MI, and it is higher than Canton. Equity Associate jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Ann Arbor $88,831 $7,403 $1,708 $43
Canton $88,658 $7,388 $1,705 $43
Novi $88,398 $7,367 $1,700 $42
Westland $87,706 $7,309 $1,687 $42
West Bloomfield $87,359 $7,280 $1,680 $42
Detroit $87,273 $7,273 $1,678 $42
Warren $87,273 $7,273 $1,678 $42
Dearborn $87,273 $7,273 $1,678 $42
Waterford $87,273 $7,273 $1,678 $42
Dearborn Heights $87,186 $7,266 $1,677 $42

What Does an Equity Associate Do?

A private equity associate is a business executive who works in investment banking to find potential investors, assist with acquired investments and perform due diligence with existing customers of an investment bank.
Updated November 27, 2021
Because private equity associates have more experience, their salaries are usually higher than private equity analysts.
Updated December 12, 2021
Landing a job as a Private Equity Associate is a competitive process for anyone who is already working in finance and a long road for those coming from non-traditional paths.
Updated December 11, 2021
Entry-level private equity associates can work closely with firm principals and partners on every step of a deal.
Updated November 26, 2021
Private equity firms hire their entry-level staff as associates and typically expect at least two years of experience as an investment banking analyst.
Updated November 25, 2021

Frequently Asked Questions About an Equity Associate Salaries

What is the average of an Equity Associate in Michigan?

The Equity Associate salary range is from $76,691 to $93,824, and the average Equity Associate salary is $85,455/year in Michigan. The Equity Associate's salary will change in different locations.

Which location pays the highest Equity Associate salary in the United States?

The Equity Associate salary in San Jose, CA is $108,658 which is the highest in the US.

What kinds of reasons will influence the Equity Associate's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Equity Associate.

What is the growth rate of the Equity Associate's salary?

If you are thinking of becoming an Equity Associate or planning the next step in your career, find the detailed salary report of an Equity Associate.