BLS OEWS May 2025
Fund Accounting Associate (entry level, fund administration) salary, Michigan
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For a Fund Accounting Associate (entry level, fund administration) pay comparison in Michigan, BLS reports a median annual wage of $48,980 for Bookkeeping, Accounting, and Auditing Clerks (SOC 43-3031, May 2025). This is the mapped occupation's benchmark, not a separate title-specific survey. That is $1,690 (3.3%) below the U.S. median of $50,670.
Broader occupation
BLS reports Bookkeeping, Accounting, and Auditing Clerks, not a separate wage for Fund Accounting Associate (entry level, fund administration). This broader occupation does not distinguish seniority, work arrangement or language requirements.
| Percentile | Wage | What it means |
|---|---|---|
| 10th | $36,250 | 10% of workers in this occupation and area earned less than this. |
| 25th | $42,740 | 25% earned less than this. |
| Median | $48,980 | Half earned less and half earned more. |
| 75th | $58,530 | 75% earned less than this. |
| 90th | $67,480 | 90% earned less than this. |
| Mean | $51,430 | Average wage across all workers. |
| Percentile | Wage | What it means |
|---|---|---|
| 10th | $36,000 | 10% of workers in this occupation and area earned less than this. |
| 25th | $43,520 | 25% earned less than this. |
| Median | $50,670 | Half earned less and half earned more. |
| 75th | $61,470 | 75% earned less than this. |
| 90th | $74,550 | 90% earned less than this. |
| Mean | $53,560 | Average wage across all workers. |
What BLS wages include and exclude
Wages for the OEWS survey are straight-time, gross pay, exclusive of premium pay. Base rate; cost-of-living allowances; guaranteed pay; hazardous-duty pay; incentive pay, including commissions and production bonuses; and tips are included. Excluded are overtime pay, severance pay, shift differentials, nonproduction bonuses, employer cost for supplementary benefits, and tuition reimbursements.
- Employment, area
- 37,550
- Location quotient
- 0.97
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, released 2026-05-15. SOC 43-3031 Bookkeeping, Accounting, and Auditing Clerks, Michigan, MI. BLS source tables and downloads; release notes. Select this SOC and area in the source files; the tables index is not an exact-row link.
What changed since May 2024
| Release | Median |
|---|---|
| BLS OEWS May 2024 | $47,680 |
| BLS OEWS May 2025 | $48,980 |
The published medians differ by $1,300. Sources: U.S. Bureau of Labor Statistics, OEWS May 2024 and May 2025. This is not an annualized growth claim. Area definitions and the workers represented can change.
What belongs in the pay comparison
OEWS includes straight-time gross wages, guaranteed pay, commissions and production bonuses. It excludes overtime, shift differentials, nonproduction bonuses and employer-paid benefits. It is neither pure base salary nor total compensation. If this person covers a payroll deadline, an overdue billing queue or a late close, the overtime bill is separate. A shift differential is also excluded. Compare the regular wage first, then explain the extra hours and any incentive in the offer rather than hide them inside one annual amount.
Recruiter's read
Qualitative view from our desk. Not BLS data.
The BLS line for Fund Accounting Associate (entry level, fund administration) is a starting point. Ask which decisions this person will own and who will check the work. The published occupation does not separate the scope of your seat from other jobs with the same SOC.
Common questions
Which median is used when comparing pay for Fund Accounting Associate (entry level, fund administration)?
$48,980 is the annual median for Bookkeeping, Accounting, and Auditing Clerks (SOC 43-3031) in Michigan, MI, based on BLS May 2025. It is an occupation benchmark, not a separate compensation survey for this hiring title.
What does the middle half of workers earn?
The 25th percentile is $42,740 and the 75th percentile is $58,530 in Michigan, MI. That is where the middle half of workers in this occupation fall.
How many people work in this occupation?
BLS estimates 37,550 workers in Bookkeeping, Accounting, and Auditing Clerks in Michigan, MI.
What does the upper percentile show?
The 90th percentile for Bookkeeping, Accounting, and Auditing Clerks is $67,480. 10% of workers in this occupation and area earned more.
Does BLS publish this exact title?
BLS reports Bookkeeping, Accounting, and Auditing Clerks, not a separate wage for Fund Accounting Associate (entry level, fund administration). This broader occupation does not distinguish seniority, work arrangement or language requirements.
Related areas and roles
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Fund Accounting Associate (entry level, fund administration) in Michigan, from BLS data.
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BLS OEWS May 2025, released 2026-05-15. These are published occupation estimates, not a quote for an exact niche title. Tool calculations use BLS values or your inputs, not predictions.