Spring Arbor, MI has twenty-nine banking schools within a 100-mile radius of its city center. Michigan State University, the highest ranked school in this group with a banking program, has a total student population of 47,071. It is the 45th highest ranked school in the USA and one of the highest in the state .
Banking students from Spring Arbor schools who go on to become bankers, tellers, investment bankers, financial managers, etc. have a good chance at finding employment. For example, there are 153,720 people working as financial specialists alone in the US, and their average annual salary is $64,810. Also, Business and financial operations employees make on average $65,900 per year and there are about 6,063,670 of them employed in the US today. In fact, in the Jackson area alone, there are 1,680 employed business and financial operations employees earning an average salary of $61,920. Financial specialists in this area earn $50,720/yr and there are 110 employed.
Spring Arbor lies in Jackson county, which is one of the 62 counties in Michigan. Overall, the Jackson area has 53,320 total employed workers according to the US Bureau of Labor Statistics, with a 5.8% unemployment rate, $19.10/hr average worker wage, and a $39,740 average annual salary. Thus, about 2.129 out of every 1000 jobs in Spring Arbor are held by financial specialists, and 31.565/1000 are held by business and financial operations employees.
Of the 29 banking schools with a 100-mile radius of Spring Arbor, only 14 have a student population over 10k. After taking into account tuition, living expenses, and financial aid, University of Phoenix-West Michigan Campus comes out as the most expensive ($26,289/yr) for banking students, with Terra State Community College as the lowest, reported at only $5,709/yr.
|Name||State||Population||# of Schools||Avg School Rank||Total Programs||Distance from Spring Arbor|
|Battle Creek||MI||51,817||3||15.2077||137||35.3 miles|
|East Lansing||MI||45,575||2||19.4594||4||37.2 miles|
|Ann Arbor||MI||113,880||5||27.5859||183||42.4 miles|
|Farmington Hills||MI||78,114||1||0.013626||0||63.1 miles|
|West Bloomfield Township||MI||71,474||0||-||0||65.0 miles|
|Dearborn Heights||MI||49,619||0||-||0||66.2 miles|
|Bloomfield Township||MI||41,179||0||-||0||70.5 miles|
|Royal Oak||MI||56,742||1||28.1635||4||74.7 miles|
|Auburn Hills||MI||-||2||5.8467||61||75.1 miles|
|Madison Heights||MI||-||2||27.3656||17||76.5 miles|
|Grand Rapids||MI||193,337||12||26.8368||469||76.9 miles|
|Rochester Hills||MI||68,883||1||23.9536||51||78.0 miles|