Saginaw Hourly Wage & Salary 2026
Saginaw, MI: $21.94/hr median hourly wage, $45,631 median annual salary, cost of living index 85.9, and $10.33/hr minimum wage. Calculate take-home pay with federal and Michigan taxes.
Saginaw Hourly Wage Quick Answer
The median hourly wage in Saginaw, MI is $21.94/hr, equivalent to $45,631 per year at 2,080 work hours. Entry-level pay estimates around $13.60/hr, senior-level pay estimates around $31.15/hr, and the local minimum wage is $10.33/hr.
Median Salary
$45,631
$21.94/hr
Cost of Living
85.9
US avg = 100
Minimum Wage
$10.33
per hour
Unemployment
4.1%
rate
Saginaw, MI Overview
Population
44,202
Median Salary
$45,631
Average Salary
$51,107
Avg Commute
17 min
Median Home Price
$188,000
Median Rent
$774/mo
Job Growth
+2.4%
Sales Tax
6%
Saginaw is located in Michigan with a population of 44,202. The median household salary is $45,631 per year ($21.94/hour), which is $13,753 below the national median of $59,384. The average commute time is 17 minutes, and the city has a job growth rate of +2.4%.
Saginaw Salary by Experience Level (2026)
Wage distribution in Saginaw, MI based on BLS percentile breakdown of the $45,631 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $28,291 | $13.60/hr | 0–2 years |
| Mid-Level (Median) | $45,631 | $21.94/hr | 3–7 years |
| Senior-Level | $64,796 | $31.15/hr | 8–15 years |
| Top 10% (90th Percentile) | $81,223 | $39.05/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Saginaw Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Saginaw, MI, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$36,344
$3,028.66/month · $1,397.84/biweekly · Effective Rate: 20.4%
Biweekly paycheck estimate: this salary equals about $1,397.84 take-home per paycheck after estimated Michigan and federal taxes. For the 26-paycheck formula, three-paycheck months, and withholding examples, see the Biweekly Paycheck Calculator.
Gross Pay
$45,631
Federal Tax
-$3,296
State Tax
-$1,939
Local Tax
-$561
FICA
-$3,491
Net Pay
$36,344
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $3,802.58 | $45,631.00 |
| Federal Income Tax | -$274.64 | -$3,295.72 |
| Michigan State Tax (4.25%) | -$161.61 | -$1,939.32 |
| Local Tax (1.23%) | -$46.77 | -$561.26 |
| Social Security (6.2%) | -$235.76 | -$2,829.12 |
| Medicare (1.45%) | -$55.14 | -$661.65 |
| Net Take-Home Pay | $3,028.66 | $36,343.93 |
Salary Comparison: Saginaw vs Other Cities
See how Saginaw's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Saginaw, MI | $45,631 | 85.9 | $53,121 |
| National Average | $59,384 | 100 | $59,384 |
| Spring Hill, TN | $45,645 | 97.1 | $47,008 |
| Rocky Mount, NC | $45,647 | 89.5 | $51,002 |
| Gadsden, AL | $45,614 | 80.4 | $56,734 |
| Port Orange, FL | $45,578 | 95.8 | $47,576 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Saginaw
Saginaw's cost of living index is 85.9 (national average = 100). Living in Saginaw is 14.099999999999994% less expensive than the national average.
Median Home Price
$188,000
Median Monthly Rent
$774
Annual Rent Cost
$9,288
Your Salary's Purchasing Power
Your $36,344 annual take-home pay in Saginaw has the purchasing power of approximately $42,310 in an average-cost US area. Your $45,631 salary stretches further here than in most US cities.
Top Industries in Saginaw
Saginaw's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $45,631.
Salary Tips for Saginaw Workers
- Your salary goes further here. Saginaw has a cost of living 14.099999999999994% below the national average. A salary of $45,631 here has the purchasing power of about $53,121 in an average-cost area.
- Research top industries. Saginaw's top industries include Automotive, Manufacturing, Agriculture. Targeting roles in these sectors can help you earn above the $45,631 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Methodology & Local Economy Data Sources
How we calculate Saginaw salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Saginaw-MI metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Saginaw indexed at 85.9.
- Median salary calculation: weighted average of Saginaw's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $45,631 annual median.
- Tax burden reflects Michigan state income tax (4.25%), plus Saginaw local tax of 1.23%, sales tax (6%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for Saginaw: 4.1%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Automotive, Manufacturing, Agriculture — based on QCEW employment concentration data.
- Job growth: 2.4% projected through 2034, derived from BLS Employment Projections program for Michigan.
- Housing context: median home price $188,000, median rent $774/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for Saginaw, MI:
- BLS Occupational Employment and Wage Statistics (OEWS) — metropolitan area salary data
- BLS Local Area Unemployment Statistics — Saginaw unemployment rate
- U.S. Census Bureau — Saginaw QuickFacts — population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level industry employment
- BLS Economy at a Glance — Michigan — state economic indicators
- U.S. Bureau of Economic Analysis (BEA) — local GDP and personal income data
- BLS Consumer Price Index (CPI-U) — regional inflation tracking
Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Saginaw's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent Michigan labor market reports for the most current figures.
Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases
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Frequently Asked Questions
What is the hourly wage in Saginaw, MI?
The median hourly wage in Saginaw, MI is $21.94 per hour. At a standard 2,080-hour work year, that equals about $45,631 per year. Entry-level workers are estimated around $13.60/hr, while senior-level workers are estimated around $31.15/hr before overtime, bonuses, or benefits.
What is the median salary in Saginaw, MI?
The median salary in Saginaw, MI is $45,631 per year, or $21.94 per hour. The average salary is $51,107. This is $13,753 below the national median of $59,384.
What is the cost of living in Saginaw, MI?
Saginaw's cost of living index is 85.9 (national average = 100), meaning it is 14.099999999999994% less expensive compared to the national average. The median home price is $188,000 and the median monthly rent is $774.
What are the best industries in Saginaw?
The top industries in Saginaw, MI include Automotive, Manufacturing, Agriculture. The city has a job growth rate of 2.4% and an unemployment rate of 4.1%. Workers in these industries often earn above the city's median salary of $45,631.
How does Saginaw's salary compare to other cities?
Saginaw's median salary of $45,631 is 23.2% below the national median of $59,384. However, when adjusted for cost of living (index: 85.9), the real purchasing power is approximately $53,121.
What is the minimum wage in Saginaw, MI?
The minimum wage in Saginaw, MI is $10.33 per hour. This equals approximately $21,486 per year for a full-time worker (40 hours/week). This is $3.08 above the federal minimum wage of $7.25/hour.