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Updated April 5, 2024

Average Bank of America salary in Michigan

$55,113

$26.50 hourly

Entry-level Bank of America salary in Michigan

$27,000 yearly

How much does Bank of America pay in Michigan?

The average Bank of America salary in Michigan is $55,113. Bank of America salaries range between $27,000 to $112,000 per year in Michigan. Bank of America Michigan based pay is higher than Bank of America's United States average salary of $53,206. The best-paying job in Michigan at Bank of America is marketing vice president, which pays an average of $157,121 annually.

Bank of America salaries in Michigan by job title

Bank of America’s highest-paying job in Michigan is marketing vice president, with an average salary of $157,121. In second place is sales vice president, which pays $140,082 annually in Michigan.

Highest paying jobs at Bank of America in Michigan

RankJob titleAverage Bank of America salaryHourly pay
1Marketing Vice President$157,121$76
2Sales Vice President$140,082$67
3Group Leader$134,808$65
4Senior Information Technology Manager$133,267$64
5Sales Team Manager$130,617$63
6Senior Vice President, Sales$129,817$62
7Sales Manager$127,026$61
8Finance Manager$126,732$61
9Technical Delivery Manager$126,008$61
10Vice President Of Engineering$125,808$60

Highest paying cities in Michigan for Bank of America

The highest paying cities in Michigan for Bank of America employees are Chesterfield, Grosse Pointe, and Grosse Pointe Woods.

Bank of America workers in Chesterfield earn an average salary of $55,976 a year, compared to Grosse Pointe with an average salary of $55,956 and Grosse Pointe Woods with an average salary of $55,925.

Highest paying cities in Michigan at Bank of America

RankCityAverage Bank of America salaryHourly pay
1Chesterfield, MI$55,976$27
2Grosse Pointe, MI$55,956$27
3Grosse Pointe Woods, MI$55,925$27
4Saint Clair Shores, MI$55,881$27
5Macomb, MI$55,877$27
6Clinton, MI$55,860$27
7Warren, MI$55,812$27
8Sterling Heights, MI$55,752$27
9Shelby, MI$55,751$27
10Detroit, MI$55,501$27
11Troy, MI$55,461$27
12Rochester Hills, MI$55,461$27
13Royal Oak, MI$55,440$27
14Lake Orion, MI$55,380$27
15Auburn Hills, MI$55,380$27
16Woodhaven, MI$55,303$27
17Dearborn, MI$55,301$27
18Bloomfield Hills, MI$55,296$27
19Southfield, MI$55,296$27
20Dearborn Heights, MI$55,284$27

Bank of America salaries in Michigan by department

The departments with the highest salaries for Bank of America employees in Michigan are Engineering, Marketing, and Plant/Manufacturing.

Michigan Bank of America employees in the Engineering department earn an average salary of $97,760 a year, compared to an average salary of $85,598 in the Marketing department and $81,352 in the Plant/Manufacturing department.

Highest paying departments at Bank of America in Michigan

RankDepartmentAverage Bank of America salaryHourly pay
1Engineering$97,760$47
2Marketing$85,598$41
3Plant/Manufacturing$81,352$39
4Business Development$78,609$38
5IT$74,022$36
6Sales$57,195$28
7Finance$55,097$26
8Administrative$39,240$19
9Customer Service$38,816$19
10Retail$35,964$17

How much does Bank of America pay by state

Bank of America pays the highest salaries in New York ($68,696), New Jersey ($67,196), Massachusetts ($65,935), Connecticut ($64,415), and Rhode Island ($64,185).

Highest paying states at Bank of America

Bank of America competitors salaries in Michigan

The highest paying Bank of America competitor in Michigan is Merrill Lynch. The average salary at Merrill Lynch in Michigan is $157,121. The lowest paying Bank of America competitor in Michigan is USAA.
RankCompany nameAverage pay in MichiganHourly pay
1Merrill Lynch$80,282$39
2American Express$79,787$38
3Bank of the West$78,356$38
4Citizens Financial Group$75,792$36
5Citi$70,876$34
6Discover$66,387$32
7JPMorgan Chase & Co.$65,070$31
8Capital One$60,095$29
9KeyBank$59,426$29
10USAA$58,792$28

Recently added Bank of America salaries in Michigan

JobLocationDate addedSalary
Finance AdvisorTroy, MI06/24/2025$60,189
Relationship BankerTroy, MI01/17/2025$50,088

Frequently asked questions about Bank of America pay in Michigan

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