Financial Manager Salary in Grand Rapids, MI
Financial Managers in the Grand Rapids-Wyoming-Kentwood, MI metro area earn a median $133,380 a year — 20% less than the national median. After 2026 taxes, that is $97,013 take-home, or $8,084 a month.
Take-home pay calculator
Pre-filled with the median financial manager salary in Grand Rapids, MI. Enter your own offer to see your paycheck.
- Federal income tax$20,745
- Social Security (6.2%)$8,270
- Medicare (1.45%)$1,934
- Michigan income tax$5,418
- Take-home pay$97,013
Marginal rate: 24% federal + 4.25% state
Living in Grand Rapids? City residents also pay Grand Rapids’s city income tax — about $2,001 a year on this salary — which lowers take-home pay to $95,013 ($7,918 a month). Choose “Grand Rapids” under City income tax in the calculator. Suburban residents usually don’t pay it.
Got an offer somewhere else? Compare it with this one after taxes and rent →
Financial Manager pay by experience in Grand Rapids, MI
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $77,680 | $37.35 | $60,427 | $5,036 |
| 25th percentile | $102,020 | $49.05 | $76,516 | $6,376 |
| Median (50th) | $133,380 | $64.13 | $97,013 | $8,084 |
| 75th percentile | $170,510 | $81.98 | $120,814 | $10,068 |
| 90th percentile (top earners) | $223,180 | $107.30 | $156,340 | $13,028 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Michigan resident, 2026 tax rules.
What $133,380 buys in Grand Rapids, MI
Prices in Grand Rapids, MI are 4.5% lower than the U.S. average (housing costs are 13% below the national average). Adjusted for local prices, a median financial manager's $97,013 take-home pay has the buying power of $101,536 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Financial Manager jobs are about as common in Grand Rapids, MI as in the U.S. overall (location quotient 0.87).
Best-paying cities for financial managers, adjusted for cost of living
Grand Rapids, MI ranks #53 of 55 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | Bridgeport, CT | $211,000 | $146,519 | $137,107 |
| 2 | New York, NY | $221,010 | $152,151 | $135,169 |
| 3 | Boston, MA | $209,780 | $145,861 | $134,725 |
| 4 | San Jose, CA | $225,280 | $147,303 | $133,399 |
| 5 | Denver, CO | $193,400 | $136,206 | $128,761 |
| 6 | Austin, TX | $167,180 | $125,534 | $128,009 |
| 7 | Houston, TX | $166,910 | $125,349 | $127,091 |
| 8 | Charlotte, NC | $172,760 | $122,963 | $126,313 |
| 53 | Grand Rapids, MI | $133,380 | $97,013 | $101,536 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 55 metros →
Financial Manager salaries elsewhere in Michigan
- Detroit, MI — $160,240
Frequently asked questions
How much does a financial manager make in Grand Rapids, MI?
The median financial manager salary in the Grand Rapids-Wyoming-Kentwood, MI metro area is $133,380 a year, or about $64.13 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $102,020 and $170,510.
What is a financial manager’s take-home pay in Grand Rapids, MI?
On the median $133,380 salary, a single filer living in Michigan takes home about $97,013 a year ($8,084 a month) after federal tax, Social Security, Medicare and $5,418 in Michigan taxes in 2026.
Is Grand Rapids, MI a good place to work as a financial manager?
Pay here is 20% below the national median of $166,570. Local prices are 4.5% below the U.S. average, so the take-home pay buys what $101,536 would in a typical U.S. city. Grand Rapids, MI ranks #53 of 55 metro areas for cost-of-living-adjusted pay in this job.
Can a financial manager afford rent in Grand Rapids, MI?
HUD’s fair market rent for a one-bedroom in Grand Rapids, MI is $1,242 a month ($1,479 for two bedrooms) — 15% of a median financial manager’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in Grand Rapids, MI
- Sales Manager — $131,030
- Industrial Production Manager — $114,410
- General and Operations Manager — $101,720