Data · Michigan × Finance

Women in Finance in Michigan

How women in finance fare in Michigan — state-adjusted pay gap, state ranking, and the national context that frames the local picture.

79.1%
Michigan overall earnings ratio (women/men)
Census ACS S2001
#37
of 51 jurisdictions for pay equity
Derived from ACS state ratios
20.9%
Unadjusted pay gap in Michigan
Census ACS
41.9%
Women in Michigan’s legislature

The state-adjusted picture

Women in finance nationally face the same structural conditions as women in every other field — but the overall wage environment in Michigan modifies the baseline by -5.6% relative to the US average. A state where the overall pay gap is narrower tends to reflect narrower gaps within fields too, though field-specific dynamics dominate for specialized professions.

Michigan elected its first woman US Senator in 2001.

National context

Finance sits at the intersection of some of the widest gender gaps in the US economy. Entry-level parity, mid-career attrition, and extreme leadership underrepresentation — this is where the pipeline leaks loudest.

Full national data Women in Finance: Numbers, Pay, and Trends (2026)

National headline stats (finance)

46.7%
Women in US finance and insurance jobs (BLS 2024)
11.0%
Women in Wall Street C-suite roles (Bloomberg 2024)
$17K
Median annual pay gap — female vs male financial managers
9.5%
Women among hedge fund managers (2024 Barclays survey)

Other fields in Michigan

Finance in other states

Related pages

Frequently asked

What is the pay gap for women in finance in Michigan?

Michigan’s overall pay ratio is 79.1% — a 20.9% gap. The gap within finance follows the national pattern modified by Michigan’s overall wage environment. See the full national field data for in-field specifics.

How does Michigan rank on pay equity?

Michigan ranks #37 of 51 US jurisdictions on pay equity, per Census ACS state ratios.

How are women represented in Michigan politics?

41.9% of Michigan state legislators are women (CAWP 2024). 5 women from Michigan serve in the 119th US Congress.

Where does the national finance data come from?

Bloomberg Wall Street Gender Tracker; BLS Labor Force Statistics; Preqin Women in Alternatives