Financial Analyst Salary in Detroit, MI — 2026 Guide
Estimated salaries are adjusted for Detroit's cost of living (index: 88). National data from BLS OEWS 2024; city adjustments reflect local market conditions.
Financial Analyst Salary in Detroit — Key Numbers
Cost of Living in Detroit
Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3× is affordable; above 5× is expensive by traditional guidelines.
Job Market in Detroit
Detroit has a metro population of 4,410,000, offering a large, diverse job market with many employers across all industries. The 5.3% unemployment rate is near the national average.
Financial Calculators for Detroit
Other Professions in Detroit
Financial Analyst Salary — Other Michigan Cities
Frequently Asked Questions
How much does a Financial Analyst make in Detroit, MI?
The estimated median salary for a Financial Analyst in Detroit is $87,903 per year (2026). This is derived from the national BLS median of $99,890 adjusted by Detroit's cost of living index (88). The typical salary range runs from $63,105 (25th percentile) to $124,142 (75th percentile), with top earners reaching $166,206.
Is Detroit affordable for a Financial Analyst?
On a $87,903 annual salary, a Financial Analyst in Detroit would spend approximately 12.3% of gross monthly income on median rent ($900/month). This is well within the 28% affordability threshold, making Detroit relatively affordable for this profession. The median home price of $215,000 is 2.4× the annual salary.
How does a Financial Analyst's salary compare to Detroit's overall income?
Detroit's median household income is $57,400. A Financial Analyst earning the city-adjusted median of $87,903 earns 53.1% more than the typical Detroit household — placing them solidly in the middle-to-upper income tier for the city.
Explore More Salary Data
Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024–2025). Last updated: March 2026.