Business & Finance Illinois (IL) Rank #16 of 50

Financial Analyst Salary in Illinois

The median financial analyst salary in Illinois is $96,031 per year, which is 1.0% above the national median of $95,080.

Median Salary
$96,031
vs National
+$951
State Rank
#16 of 50
Cost of Living
95%

Financial Analyst Salary in Illinois by Experience

In Illinois, an entry-level financial analyst earns around $60,600, while experienced professionals earn up to $149,480 per year. The cost of living index in Illinois is 95% of the national average.

Entry Level (0-2 yrs)
$60,600
+$600 vs national
Mid Level (3-7 yrs)
$96,960
+$960 vs national
Senior Level (8+ yrs)
$149,480
+$1,480 vs national

Salary Percentiles in Illinois

Percentile IL Salary
10th Percentile $57,772
25th Percentile $73,528
Median (50th) $96,031
75th Percentile $126,250
90th Percentile $168,266

Major Cities for Financial Analysts in Illinois

The largest employment areas for financial analysts in Illinois include Chicago, Aurora, Naperville, and Rockford. Salaries in major metro areas may be higher due to increased demand and cost of living.

Chicago, IL
Metro area for financial analyst employment
Aurora, IL
Metro area for financial analyst employment
Naperville, IL
Metro area for financial analyst employment
Rockford, IL
Metro area for financial analyst employment
Springfield, IL
Metro area for financial analyst employment

How to Become a Financial Analyst in Illinois

Education

Most financial analyst positions require a bachelor's degree. Illinois has several accredited institutions offering relevant programs.

Key Skills

Financial ModelingExcelBloomberg TerminalValuationData AnalysisPresentation

Job Outlook in Illinois

Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). Illinois's demand may vary based on local industry trends.