Average Financial Analyst Salary in Illinois

Finance · Updated 2024 · Based on BLS and industry data

Salary Overview

The average Financial Analyst in Illinois earns $99,600 per year, which is below the national average of $99,890. This translates to approximately $47.88 per hour, $3,831 biweekly, or $8,300 per month before taxes.

The cost of living in Illinois is 1% below the national average, roughly in line with the national average.

Salary Range

Percentile	Annual Salary	Hourly Rate
Entry Level (25th)	$74,700	$35.91
Average (50th)	$99,600	$47.88
Experienced (75th)	$114,500	$55.07
Top Earners (90th)	$129,500	$62.26

Financial Analyst Salary by City in Illinois

City	Average Salary	Monthly
Chicago	$107,600	$8,967/mo
Aurora	$101,600	$8,467/mo
Naperville	$97,600	$8,133/mo
Rockford	$94,600	$7,883/mo
Springfield	$92,600	$7,717/mo

Career Quick Facts

Detail	Information
Job Category	Finance
Typical Education	Bachelor's degree
Job Growth (2022-2032)	8% (nationwide)
State Income Tax	Flat 4.95%
State Minimum Wage	$14.00/hr
Cost of Living Index	0.99 (-1% vs national avg)

Top Employers in Illinois

Major employers hiring Financial Analysts in Illinois include Abbott Laboratories, Boeing, McDonald's, Walgreens, and Caterpillar. These companies and organizations offer competitive salaries and benefits packages for finance professionals.

Calculate Your Illinois Take-Home Pay

Want to see your actual paycheck after taxes? Use our free Illinois Take-Home Pay Calculator to see exactly how much you'll take home based on your salary, filing status, and deductions.