Does University of Michigan pay well?

The average University of Michigan hourly pay ranges from approximately $15 per hour (estimate) for a Summer RA to $88 per hour (estimate) for a Medical Doctor. University of Michigan employees rate the overall compensation and benefits package 3.8/5 stars.

Is the University of Michigan a good place to work?

University of Michigan has an overall rating of 4.3 out of 5, based on over 7,333 reviews left anonymously by employees. 82% of employees would recommend working at University of Michigan to a friend and 70% have a positive outlook for the business.

What is the average salary coming out of University of Michigan?

Of those who graduated in 2022, 100% are working in their field of choice with 93% job satisfaction. The average starting salary was $86,000 after a short job search.

What is the pay scale for University of Michigan?

The average The University of Michigan salary ranges from approximately $35,553 per year for Research Assistant to $122,968 per year for Managing Director. Average The University of Michigan hourly pay ranges from approximately $11.09 per hour for Barista to $33.65 per hour for Adjunct Professor.

Who is the highest paid employee at the University of Michigan?

Despite Ono and Harbaugh's national prominence, Michigan Medicine CEO Dr. Marschall Runge is actually the university's highest-paid employee for 2023 at $1.64 million.

12 Things Nobody Tells You about the University of Michigan | Pros and Cons

What job in Michigan makes the most money?

Who makes the most money working at a university?

Is 95k a good salary in Michigan?

A survey from Purdue University and GoBankingRates.com found that you need a minimum annual salary of $95,865 to be happy in Michigan, but that comes with a caveat of a higher than average unemployment rate.

What is an upper class salary in Michigan?

The average upper-class salary in Michigan is $57,220 per year, although you should keep in mind that pay-range variance can be as much as $25,467. This breaks down to approximately $27.51 per hour, $1,100 per week, or $4,768 per month.

What is the job placement rate at University of Michigan?

95% of the Michigan Ann Arbor graduates have reported excellent job satisfaction. Michigan Ross MBA has received a high employment rate of 99% for graduates who have been employed within 3 months of graduation.

How much do u of M professors make?

$159K (Median Total Pay)

The average Professor base salary at University of Michigan is $159K per year. The average additional pay is $0 per year, which could include cash bonus, stock, commission, profit sharing or tips.

How does University of Michigan make money?

General Fund money come from student tuition and fees, state support and indirect cost of sponsored research. It pays for teaching, student services, facilities and administrative support. Auxiliary Funds come from self-supporting units that “pay their own way” and receive no taxpayer or tuition support.

What is the average family income for University of Michigan students?

The median family income of a student from the University is $154,000, and 66% of students come from the top 20% of income. The average income of U-M students is in the 80th percentile, with only 3.6% of kids coming from the lowest 20% of family incomes.

Why is the University of Michigan so prestigious?

What Makes the University of Michigan Stand out? The University of Michigan is known for its excellence in academics, research, and athletics. It is one of the top public universities in the United States and has consistently ranked among the best universities in the world.

Is University of Michigan considered prestigious?

The University of Michigan remains the No. 3 public university in the country for undergraduate education, according to the 2024 U.S. News & World Report Best Colleges list.

Is University of Michigan elite?

Arguably one of the most prestigious public universities in the US, the University of Michigan is a fantastic choice for college, especially if you're from Michigan.

Is Ann Arbor a wealthy city?

In conclusion, Ann Arbor stands out among Michigan's wealthiest cities due to the presence of the University of Michigan.

What is the salary to live comfortably in Michigan?

As of Feb 12, 2024, the average annual pay for a Livable in Michigan is $53,757 a year. Just in case you need a simple salary calculator, that works out to be approximately $25.85 an hour. This is the equivalent of $1,033/week or $4,479/month.

Is 65k a good salary in Michigan?

From what I have read, the median income is $65,000/year. So it depends how far above the median you want to be. One would assume that upwards of $100,000/year would be “good”. Keep in mind that that the cost of living is fairly low so raw dollar figures may not be that illuminating.

How much is 100k after taxes in Michigan?

If you make $100,000 a year living in the region of Michigan, USA, you will be taxed $26,668. That means that your net pay will be $73,332 per year, or $6,111 per month. Your average tax rate is 26.7% and your marginal tax rate is 35.5%.

How much is $26 an hour annually?

If you make $26 an hour, your yearly salary would be $54,080.

How much is 200k a year in Michigan?

If you make $200,000 a year living in the region of Michigan, USA, you will be taxed $60,602. That means that your net pay will be $139,399 per year, or $11,617 per month. Your average tax rate is 30.3% and your marginal tax rate is 40.7%.

What is the best college to make money?

The University of Pennsylvania is the top school when it comes to colleges that make their grads richer. At top-ranked Penn, the median graduate salary 10 years post-enrollment is more than $84,000 more than what a high-school graduate in Pennsylvania would earn.

Which university pays the most?

Princeton University and the Massachusetts Institute of Technology shared the top spot on the list, with a median career pay of $189,400 for bachelor's degree graduates with 10 years of working experience.