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Financial Officer Chief Salary in Michigan, United States
How much does a Financial Officer Chief make in Michigan, United States?
$300,842 (USD)/year
Average Bonus
$66,366 (USD)
per Year
Total Compensation
$362,278.75
Entry Level
$189,447
Median
$295,913
Senior Level
$454,461
As of July, 23, 2026, the average financial officer chief gross salary in Michigan, United States is $300,842 or an equivalent hourly rate of $145. In addition, financial officer chiefs earn an average bonus of $66,366. An entry level financial officer chief with 1-3 years of experience earns an average salary of $189,447. At the higher end of the pay range, a senior level financial officer chief with 8+ years of experience earns an average salary of $454,461. Salary estimates are based on salary survey data collected directly from employers in Michigan, United States.
Data powered by ERI
Salary Potential for a Financial Officer Chief
Explore the estimated salary growth for a Financial Officer Chief in Michigan, United States for up to 5 years. The estimated salary of a Financial Officer Chief will be $309,237 in 1 year and $345,224 in 5 years.
View Salary by Year
Estimated Salary
$317,866
Average Growth
5.7 %
The estimated salary for a Financial Officer Chief in 2 years is $317,866, which is 5.7 % average growth. This information is based on ERI's compensation database.
Typical Financial Officer Chief Education
This chart displays the highest level of education for Financial Officer Chiefs.
- 0% of Financial Officer Chiefs have less than a High School Diploma
- 3% of Financial Officer Chiefs have a High School Diploma
- 2% of Financial Officer Chiefs have an Associate's Degree
- 41% of Financial Officer Chiefs have a Bachelor's Degree
- 50% of Financial Officer Chiefs have a Master's Degree
- 2% of Financial Officer Chiefs have a Doctorate Degree
The typical field of study for a Financial Officer Chief is Business Administration and Management.
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Financial Officer Chief Salaries in Other Locations
Salaries for Similar Job Titles in Michigan, United States
Financial Officer Chief Jobs
View moreCost of Living in Michigan, United States
The cost of living in Michigan, United States is 6% lower than the national average.
6% lower
than the national average
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Frequently Asked Questions
What does a Financial Officer Chief do?
Develops the financial well-being of an organization by providing financial projections and accounting services, preparing growth plans, and directing staff. Directs and coordinates financial affairs according to financial principles and government regulations. Plans financial operational strategies by forecasting capital, facilities, and staff requirements; identifying monetary resources; and developing action plans. Develops, directs, and provides financial analysis of operations by evaluating trends, studying revenue opportunities, establishing critical measurements, accumulating resources, and resolving problems.
How much does a Financial Officer Chief make in Michigan, United States?
The average salary for a Financial Officer Chief is $300,842 per year or $144.64 per hour in Michigan, United States. Top earners have reported making up to $454,461. However, the typical pay range in Michigan, United States is between $189,447 and $454,461 annually.
What is the salary trajectory for a Financial Officer Chief?
Financial Officer Chief is projected to see a 14.8 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact Financial Officer Chief salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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