DegreeCalc

Finance Degree in Dearborn, MI — Salary & ROI 2026

Finance degree analysis for Dearborn, MI. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$63K

COL-adjusted

Mid-Career

$100K

COL-adjusted

ROI Payback

3.5 yrs

in Dearborn

Cost of Living

90.5

index (100 = avg)

Finance in Dearborn, MI Overview

While Dearborn has a smaller college scene with 5 institutions, Finance students benefit from the close-knit academic community. Room and board averages $12,567/year, and the car-friendly layout shapes the student experience. Finance enrollment is stable nationwide, with steady demand for graduates skilled in Financial Modeling and Valuation. The adjusted starting salary in Dearborn is approximately $63,350, growing to $99,550 by mid-career.

Category

Business

Local Colleges

5

Public Tuition

$15,400/yr

Private Tuition

$32,000/yr

Room & Board

$12,567/yr

Avg Fin. Aid

$8,314/yr

Unemployment

4.9%

Graduation Rate

57%

Finance Salary in Dearborn (COL-Adjusted)

Salaries adjusted for Dearborn's cost of living index of 90.5 (national average = 100).

Entry Level (0-2 yrs)
$63,350($-6,650 vs national)
Mid Career (5-9 yrs)
$99,550($-10,450 vs national)
Senior Level (15+ yrs)
$131,225($-13,775 vs national)

Note: National average Finance salary: $70,000 starting, $110,000 mid-career, $145,000 senior level.Dearborn adjustment factor: 0.91x based on the local cost of living index.

Finance ROI Calculator for Dearborn

Estimate your return on investment for a Finance degree using local Dearborn tuition and cost of living data.

Public avg: $15,400 | Private avg: $32,000

Dearborn avg aid: $8,314/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$111,868

tuition + room & board - aid

Annual Earnings Premium

$31,675

vs HS diploma in Dearborn

ROI Payback Period

3.5 years

to break even

Lifetime Return in Dearborn

$747,882

Lifetime earnings premium ($859,750) minus total education cost ($111,868)

Student Loan Payoff for Finance in Dearborn

Standard Plan (10 years)

Loan Amount$111,868
Monthly Payment$1,270
Total Interest$40,561
% of Monthly Income24%

Aggressive Plan (5 years)

Loan Amount$111,868
Monthly Payment$2,189
Total Interest$19,462
Interest Savings$21,099

Colleges in Dearborn for Finance

Dearborn State University

public

$14,575/yr

$58,300 total

University of Dearborn

public

$15,869/yr

$63,476 total

Community Colleges (2-Year Transfer)

Dearborn Community College

$5,650/yr

Top Employers for Finance in Dearborn

Dearborn offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Finance graduates. National top employers in this field include:

JPMorganGoldman SachsMorgan StanleyBlackRockDeloitte

Key Dearborn Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Finance Job Titles

Financial AnalystInvestment BankerPortfolio Manager

Finance Degree in Dearborn — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Finance ROI in other cities, or explore other majors in Dearborn.

Frequently Asked Questions

Related Calculators