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Financial: Career and Education Opportunities in Detroit, Michigan

Financial: Financial Managers run the banks and investment organizations that are at the core of our economic system. Dealing with the complexities of regulations and customer needs, they keep track of the people who keep our money and credit flowing.

Detroit, Michigan
Detroit, Michigan photo by Durova

Detroit is located in Wayne County, Michigan. It has a population of over 912,062, which has shrunk by 4.1% in the past ten years. The cost of living index in Detroit, 86, is well below the national average. New single-family homes in Detroit are priced at $108,900 on average, which is well below the state average. In 2008, eighty-five new homes were built in Detroit, down from one hundred fifty-four the previous year.

The three big industries for women in Detroit are health care, educational services, and transportation equipment. For men, it is transportation equipment, construction, and administrative and support and waste management services. The average commute to work is about 28 minutes. More than 11.0% of Detroit residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 4.2%, is lower than the state average.

The unemployment rate in Detroit is 27.0%, which is greater than Michigan's average of 14.3%.

The percentage of Detroit residents that are affiliated with a religious congregation, 37.7%, is less than both the national and state average. The most common religious groups are the Catholic Church, the Muslim Estimate and the Lutheran Church.

Detroit is home to the Memorial Park Marina and the Detroit Golf Club as well as Chene Park and Mallett Playground. Visitors to Detroit can choose from Corktown Inn, Clark's Motel and Days Inn of Downtown Detroit for temporary stays in the area.

Featured Online Colleges

Everest University
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American InterContinental University Online

CAREERS WITHIN: Financial

Banking Manager

Banking Managers direct and coordinate financial activities of workers in a branch, office, or department of an establishment, such as branch bank, brokerage firm, risk and insurance department, or credit department. Banking Managers need to train others in tasks and process. They also need to manage their own time and the time of others.
Comptroller

Comptrollers direct financial activities, such as planning, procurement, and investments for all or part of an organization. Comptrollers need to manage and maintain budgets and other financial resources. They also need to evaluate and judge the efficacy of solutions.