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Banking Investment Manager Salary in Michigan, United States
How much does a Banking Investment Manager make in Michigan, United States?
$162,721 (USD)/year
Average Bonus
$15,345 (USD)
per Year
Total Compensation
$175,838.59
Entry Level
$112,401
Median
$160,494
Senior Level
$200,362
As of July, 23, 2026, the average banking investment manager gross salary in Michigan, United States is $162,721 or an equivalent hourly rate of $78. In addition, banking investment managers earn an average bonus of $15,345. An entry level banking investment manager with 1-3 years of experience earns an average salary of $112,401. At the higher end of the pay range, a senior level banking investment manager with 8+ years of experience earns an average salary of $200,362. Salary estimates are based on salary survey data collected directly from employers in Michigan, United States.
Data powered by ERI
Salary Potential for a Banking Investment Manager
Explore the estimated salary growth for a Banking Investment Manager in Michigan, United States for up to 5 years. The estimated salary of a Banking Investment Manager will be $167,180 in 1 year and $186,273 in 5 years.
View Salary by Year
Estimated Salary
$171,762
Average Growth
5.6 %
The estimated salary for a Banking Investment Manager in 2 years is $171,762, which is 5.6 % average growth. This information is based on ERI's compensation database.
Typical Banking Investment Manager Education
This chart displays the highest level of education for Banking Investment Managers.
- 0% of Banking Investment Managers have less than a High School Diploma
- 0% of Banking Investment Managers have a High School Diploma
- 0% of Banking Investment Managers have an Associate's Degree
- 43% of Banking Investment Managers have a Bachelor's Degree
- 57% of Banking Investment Managers have a Master's Degree
- 0% of Banking Investment Managers have a Doctorate Degree
The typical field of study for a Banking Investment Manager is Banking and Financial Support Services.
See how education can impact your salaryPopular Skills for a Banking Investment Manager
Skills data not available for this job
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Banking Investment Manager Salaries in Other Locations
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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
Whether you're planning to move or just want to see the cost of living in different locations, our cost-of-living calculator is the place to start. Compare salaries for other locations by city, U.S. ZIP code, state, or country.
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Frequently Asked Questions
What does a Banking Investment Manager do?
Manages staff and oversees the allocation and investment of cash/funds to optimize rate of return and compliance with governing regulations. Directs purchasing of government bonds or other acceptable securities, sale or redemption of bonds and securities on due date, substitution of purchased bonds and securities for those sold or redeemed, and regulation of funds to branch offices, correspondent banks, and reserve banks to ensure funds are kept at prescribed levels and in accordance with deposit agreements. NOTE: ERI's findings based on asset size.
How much does a Banking Investment Manager make in Michigan, United States?
The average salary for a Banking Investment Manager is $162,721 per year or $78.23 per hour in Michigan, United States. Top earners have reported making up to $200,362. However, the typical pay range in Michigan, United States is between $112,401 and $200,362 annually.
What is the salary trajectory for a Banking Investment Manager?
Banking Investment Manager is projected to see a 14.5 % 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 Banking Investment Manager 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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